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a flooding problem which can be cured by a collection system and larger outlets, and a quality problem in the lake which could be cured by - at least partly cured by some of these other actions and these other plans or alternatives. I am not sure whether we could put this $88,000 we spent here against these people. MRS. DEMOS: By other people, when you talk about drain- ing all that acreage, as of yesterday right on that point just north of Josephine where you got a little bend in the road, that water is up to a few inches of the height of the road. Can it physically hold the water from another 262 acres. MR. HONCHELL: It can hold it but there would probably have to be some auxiliary work done at different points. MRS. DEMOS: Putting it in there you will flood Lexington Avenue. MR. HONCHELL: You would have to do some work here. The nice thing is on typical rains this stuff will be able to move out fast enough before the next one, but when you qet two in a row it piles up and you have to have some precaution. By and large it will work, but this is a rough overview. I guess I'm not saying that we know what would happen in every spot along there. MAYOR LINEBARGER: Were you to follow through with your present study as recommended in the feasibility study, you'd be at the point where about 24% were assessed. MR. HONCHEL~: Including the city land. MAYOR LINEBARGER: If you try to do anvthing other than that to carry it - pump the water up over Lexington with all this additional cost there is no way you could bond this. You'd be way under the 20% so it couldn't be done through a public hearing, but through a referendum or we'd have to simply pick it up in general taxes. pick it up as city expense against our regular levy. Are there other questions of Mr. Honchell from the Council? I will ask Mr. Popovich to present a summary of the financing and assessment. This is for the program as he had originally presented it and does not include these alternatives. 9