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3 A second portion of this project, as I stated, is the storm sewer. That's because it's a long standing policy with Roseville that we do not want to put all the money necessary to build this roadway only to have a substandard drainage system because we feel it will greatly reduce the life of the pavement and will not be a good expenditure of public funds. Therefore, we propose to provide the drainage for Iona. Here is Dale - Mackubin is at the top near the ceiling. It's proposed about two-thirds of the way up the street to put a pair of catch basins to intercept the water as it starts down the hill, four at the intersection, six at the intersection of Iona and Dale because in all three directions the water is running downhill and we wish to intercept it and to carry this down to the corner of Terrace and Dale where it would join an existing storm sewer that was built about two years ago, and exit into this ponding area. It's also proposed that the water that comes down Terrace Drive toward Dale Street be intercepted with a pair of basins at the intersection of Terrace and Dale and go into this system and out to a pond. Again, not trying to get too far ahead of ourselves into the assessing procedure, but merely to provide some information and background - the city policy for many years has been they do not normally assess. all of the costs associated with storm drainage to the normal residential lots. Their existing policy is to assess only $295 per lot, and the method of payment will be reviewed by the fiscal agent soon. The reason that all of you - or many of you are here - is that you are within the drainage area which I am describing and anyone within that area has water that flows down and gets into the system. Therefore, it's felt that it's only fair that you pay for part of the expenses associated with constructing that system. We feel it necessary that the storm sewer be con- structed, not only for Iona, but also for prolonging the life of Dale Street as well. At this point I will stop the general discussion and we will hear from the fiscal consultant. MR. FRED N. PETERSON, JR.: There are the four alternatives and each one has a total different cost to it. The footage is the same and as far as storm sewer is concerned there would also be the same number of lots within the particular area that's outlined in the broken line in the circle. As he mentioned, there would be no cost or assessment as far as the roadway is concerned because this is a state aid road, and so as far as building the roadway - whether 36 or 44 feet - would remain the same. As far as the roadway, the only lot that would be assessed is the tax exempt buildable lot and that is approximately 125 feet and that would be assessed.