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MR. DUANE SKIE, 345 Minnesota Avenue: I guess I'm like (inaudible). I don't have any desire to increase my tax load but I don't like to see my neighbors in trouble so I'm wondering if it would be helpful for you, for example, the $l5,OOO that's going to be assessed directly to property owners in the area and the remaining $45,000 over the entire village so it's my understanding that property owners in the area will pay the entire $l5,000 at the rate of $250 per parcel plus a share in the remaining $45,000. I'm wondering if you could break that down for the people here into dollars and cents per month or year so they can see what the affect on their taxes and purchasing power might be. MAYOR LINEBARGER: Until we sell the bonds and know the interest rate involved it wouldn't be possible to give an exact amount if you don't pay up the $250 in advance but I'll ask Mr. Popovich to give a rough.,estimate. The balance that will be spread over Roseville would be very minor because Dayton's, the trucking firms, everyone who lives in Roseville would be contributing to that and we have about $l48 million of assessed valuation now. MR. SKIE: It would be helpful if you could boil it down to plus or minus fifty cents a month. MR. POPOVICH: As to the $45,000, obviously divided into our big tax base it's pennies per year. I doubt it would be over a couple of pennies for everyone involved. As to the assessment part - the $250 divided by 20 years - so you'd pay one-twentieth each year for 20 years. There's ~/o on the balance so $l2.50: 8% on $250 is $20 so the assessment is $32.50 that first year and then declining until the last year the assessment principal is still $12.50 because that's one- twentieth and the interest $l so they pay $l3.50 the last year. If you start off at $32 and you're down to $13.50, the average is half way in between which is what the yearly payment would be so that in the end it's roughly a dollar a month and in the beginning it's a little over $2 a month and they'll average to $1.50 approximately over the 20 year period assuming they don't prepay. MR. JAMES WALLIS, 2339 Hand: As long as we're getting to dollars and cents, what does it cost Roseville to send out a front-end loader - two or three guys to open a trench so the water can drain out, which we all pay for? We could save that money. l4