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2 green area is what is commonly referred to as the normal pond. We fortunately happened to be out last summer taking the shots in preparation for this project, and in early to mid-June this pond elevation was at 899.8. All of you, I am sure, can recall the wonderous rains we had in the last part of June and early July, with some bad ones back to back. We then went out ten days after the second rain, so it was not just a day or two, and it had evaporated away and ten days after, the pond was out - approximately out to this red area, although not exactly. This is kind of by eyeball. But the elevation was taken and it was 901.7 so the water had gone up about two feet. The proposal is that this overflow pipe be (inaudible) elevation 901 which is about seven-tenths lower than the high flow we had last time, and 1.2 feet above normal which means there will be a rise in the water and once it gets more than a foot higher than normal it would go out the pipe and hopefully not flood anybody. I don't know if the people are here today that I talked to in my office. The home owners at this location are rather low. They typically have this pond somewhat in their back yard as it is, and they think it's great and we think it's great too as long as they like it, but when it comes up like this it flows into their home, across their basement, and down the sanitary sewer. I don't have to tell the Council what we're doing to try to keep storm water out of the sanitary sewers. Right now their basement floor drain seems to be the outlet for that pond down into our sanitary sewer. MAYOR DEMOS: And we're paying for it. MR. HONCHELL: If I were them I'd do the same thing, but we aren't sure that's the best solution to the whole situation. In a nutshell, that's what the project is. Intercepting the water, and into the pipe so it stops flooding the area, and an overflow pipe to the north to prevent the pond from spreading out to the degree it does. MR. POPOVICH: The total project cost is $31,812. It would appear that there are 31 assessable lots affected, and what would be termed one unbuildable lot. There are 5.9 acres that are buildable and about four-tenths of one acre that is unbuildable. Based on the policy of the city, the buildable lots would be assessed at $295 a lot which would raise $9,145. The unbuildable lots would be $590. The buildable acreage is $995 per acre which would raise $5,870, and the unbuildable acreage at four-tenths of an acre, would raise $760 in assessments. The assessments would raise, assuming there are benefits, a total of $16,365, and the difference between that and $31,812 is $15,447 which would have to corne from the general taxes in order to finance the project. If the project is ordered, it would be recommended on a 20 year period of time with an 8% carrying charge with the usual right of pre- payment. MR. ANDRE: There are no written statements.