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street lights it's not quite as good. The reason is that they have no facilities to hang their standard arm and light fix- ture on. Since they have to provide a pole and run the wiring up that pole where they don't normally do this, they charge the City an extra fee for providing these street lights. As an example, a typical street light that would cost the City $6.77 a month routinely in this looation, will cost $8.45 a month to pay NSP to provide for the power, (inaudible) the lamps, putting them back in if they burn out. Now, in this case, the City is proposing that we would give credit to the owners in the area for any expenses we would normally incur if this were a typical street light in some other area, so from any expenses we have to pay NSP we would be Subtracting the same costs we always have, so in reality you're only looking at something approaching 20% to 25% of what it's really costing the City to do these improvements. To that we have had to make an educated guess as to how much utility bills will increase from NSP over the next 20 years normally. That's the reason that we usually end up having a much higher figure, but by having such a small improvement this time and having the money paid early - mainly over two years, which is our recommendation - we are hopeful that if we can invest that money we will be able to keep track or keep a (inaudible) with the inflation rates of NSP's increasing rates by putting that money in the bank and coming out year by year even. Atlernative 1 calls for two lights, and Alternative 2 requires the construction of an additional 80 feet of under- ground electrical wire, and that cost is $245, so that's the only difference between them. One moves the light a little to the east, and we have to put in 80 feet of underground wire. In each case there are four parcels proposed to be assessed. These are 291 Grandview which is directly opposite the light, 293 which is again on the periphery of it, and then the five homes on the sou~h side of Grandview, and the three homes on the north side. The actual number that would ultimately be assessed, if the project is approved, would not be determined at this meeting, but would be determined at a later meeting on assessments. That's the extent of the expla- nation. MR. POPOVICH: As Charlie has indicated, there are two alternates. On Alternate 1 the total cost is $1,068.50. Alternate 2, because of the $245 additional, comes up to the $1,313.50 that was published. We have assumed that, depending on the assessment hearing of course, that if we get up to where ten lots are actually assessed, under Alternative 1 it would be $106.85 per lot, and Alternate 2 would be $13l.35. Because these are fairly small assessments, the recommen- dation is to do it over a two year period with an 8' carrying