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2 There are also storm facilities that exist along Rose Place with catch basins located near the intersection, and more back down on Cohansey and at the intersection just on Rose Place. There are also some drainage facilities just around the corner on Oakcrest to the south. The proposed roadway is what we refer to as our standard for residential streets. It's a 7-ton design for axles carrying 7 tons each. It's a 20-year design. Proposed to be 30 feet from face of curb on one side to face of curb on the other, centered in the middle of the 60 foot right-of-way, having concrete curb and gutter of what's called a straight up and down, or straight face. That would be bituminous paving at this point, with the design anticipating a gravel base under it. As part of this improvement, it's proposed to construct the road back to the general grades that exist. They're somewhat flat, but to best match the adjacent land, it's proposed they would go back at about the same elevation.. Because it's relatively flat, however, and the drainage has to come from Oakcrest currently to the intersection, it's desirable to intercept some of the water before it goes too far and builds up and gets under the roadway, so the inclusion in the project is for some minor extensions of the storm and a couple more catch basins. You will also note that there is a half bulb that exists there today. Discussions with the property owners in that location, plus the City's feeling that this is a non standard situation and a bit of a problem, particularly in snow plowing, it's recommended that that become a normal and typical road width and the bulb would be eliminated. To do that, we would bring the driveways out, put sod in, and relocate an existing catch basin. There are no known special problems to be resolved with this. We think that at worst, there might be one tree or so that might be affected, but we think we can get by without impacting any of the trees. MR. POPOVICH: The total published cost and the estimated cost of this improvement is $79,885. It was instituted by petition, as the engineer said. The assessable footage involved is 1,983 feet. If it were 100% assessed it would be $40.28 a front foot. We are recommending, in line with the City policy, that it be assessed at 25% of that, or $10.07 a front foot. Assuming the project went ahead, the assessment hearing would be this fall, or the fall of 1981. This project is one of a number of paving projects, and it's entirely possible we may recommend consolidating a number of the projects together for bid letting and assessment purposes, so the assessment per foot (inaudible) estimated amount at this time depending on the actual construction costs. In addition, we do not know what the interest carrying charge will be because of the current conditions of the money market, and we would recommend that the assessment be spread over a period not to exceed 15 years, and depending on what interest rate we receive on the bonds next year, the City has the right to charge 1% over the amount received on the bond issue. Bond issues at 15 years now are 8.50%.