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<br />r~YOR DEMOS~ At this time I'd like to ask Mr. Popovich <br />to present a summary of assessments. <br /> <br />MR. POPOVICH: In order to cover all three possibilities. <br />the published notice had an estimated cost of $26,681. If you <br />go for Alternate I, then the total cost would be $11,294 for the <br />one lot and it would be assessed at $15.47 a foot, or lOO%. <br /> <br />If you go for Alternate II, then it's $23.92 a foot. <br /> <br />And Alternate III which would be Phase Ac Band C would be <br />$10,563 for one lot, $4,387.20 for another. and $ll,730 for the <br />other, bringing you to that total figure of $26,681. <br /> <br />Phases A and B would be 10~/o assessed, but if you go for <br />Alternate III, Phase C might only be partially assessed in view <br />of the new assessment policy the Council adopted last month. <br />Then the balance would go on general taxes which would be <br />$7,993 of the $26,S8l totally contemplated. <br /> <br />It's anticipated that the assessments would be spread over <br />20 years with the 8~~ carrying charge that has been historic. <br /> <br />MAYOR DEMOS: Do you have any written statements? <br /> <br />J!.iR. ANDRE: None on this project. <br /> <br />V~Y08 DEMOS: I would like to open the hearing to the public <br />and I would remind you this is only for the hearing of Old Highway <br />8 and County Road D at this time. I'm asking that e2ch speaker <br />identify him or herself and the street address to which you I.re <br />referring. Is there.;anyone here? Is there anyone here regarding <br />Old Highway 8 and County r:oad D? If not, I will close the hearing 0 <br /> <br />COUNCILIJIAN GRAUEL~ I'd like to <:,5k () question of the engineer. <br />Ho~; is 3114 being served now? 1..10 they just have a drain field <br />there? <br /> <br />11m. HONCHELT..J~ It I S my understanding they have a septic tank <br />and field. <br /> <br />I"!.AYOH 1)[:IvIO[~: Any further questions? <br /> <br />COUNCILi"IIIAN HE.:. ,: .'2400 isn't in that block. <br /> <br />JilD. HONCHELL~ It's proposed for sale. <br /> <br />3 <br />