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4 lived with because of the availability of other parking. This would be (inaudible), and by raising the street would make it match bet ter with the existing lots. MR. POPOVICH: I will give you the assessment figures by each improvement. Taking Belmont Lane including Pascal, the total cost is $122,380, and some 70% of the people petitioned for it. The storm sewer portion is $22,055, and the street, curb and gutter of Belmont with Pascal would be $l16,2l3. If it's totally assessed it would be $42.04 a front foot. Based on the 25% rule it's $lO.5l. The storm sewer portion would be added. At 100% it would be $711.47 a unit. At 25% it would be $l77. The Eldridge improvement was 58% petitioned for. The total cost is $128,232. The estimated cost per foot would be $48.05 and at the 25% rate, $l2.0l a foot. Since these streets are close to each other they make a natural for consolidation. The consolidated figures would have a total cost, including Eldridge, Belmont and Pascal, of $228,558. Estimated cost per foot is $45.55. At the 25% rate it's $ll.39. Again, this would be spread over the period not to exceed 15 years, with the assessment hearing this fall, and the interest rate would be determined at that time depending on our bond sale and what interest rate we received there. MAYOR DEMOS: Any written statements? MR. ANDRE: We have two letters, one opposed from l424 West Eldridge, and one in favor of the project at l44l West Eldridge. l1AYOR DEMOS: I will open the hearing to the public, and ask that you come to the microphone and speak for or against the development. MR. ROBERT WUSSLER, 1433 Belmont Lane: I'm the petitioner on Belmont Lane. I just have one question about the storm sewer part. There were going to be catch basins in the middle of the block, but the problem - the drainage problem is right off of Hamline. It's just practically flat there and that's where the water stands, unless you're going to grade the street in a different way. MR. HONCHELL: We can do some minor regrading (inaudible). One of the gentlemen came up and expressed the same problem during the recent (inaudible). Until Hamline has its improve- ment by itself by the County and we are able to locate (inaudible). There is drainage on Hamline but we can't put catch basins in everyone of the low spots. We need to have curb and gutter so it doesn't flow off the side of Hamline (inaudible). Until the roadway is done on Hamline - we may be able to help it some. I wouldn't tell you we can solve (inaudible).