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<br />MAYOR DEMOS: I think they're reasonably correct. <br /> <br />MR. WALTER RIHM: I mean, I'm not trying to be facetious <br />about it, but somebody said $17,000 or $20,000. <br /> <br />MAYOR DEMOS: Oh, those figures. I'm not so sure about <br />tho s e . <br /> <br />MR. WALTER RIHM: I have to report back to our legal ad- <br />visor, who is secretary of our company, and I just don't want to <br />be writing him a letter and possibly I can come back tomorrow <br />and get them through the engineering department and maybe give <br />him a reasonably accurate answer. <br /> <br />MAYOR DEMOS: Could that be worked out? <br /> <br />MR. HONCHELL: Yes, that's not a major problem. <br /> <br />MR. WALTER RIHM: But then the thought comes to my mind, <br />you folks can't take a bid on this until everything is done. <br /> <br />MAYOR DEMOS: That's exactly right. <br /> <br />MR. WALTER RIHM: The way contractors are, like in my busi- <br />ness, everything is escalating and, good Lord, that might come <br />in at twice what we're talking about. Shame on me. <br /> <br />COUNCIL~ffiN KEHR: Would you accept a figure, Mr. Rihm <br />(inaudible) figures we were tossing around here, if we're within <br />a plus or minus of 5% of the figures that were tossed around <br />here. Would that be acceptable to you? <br /> <br />MR. WALTER RIHM: It's true I'm president of the company, <br />but it is a corporation and there are other people to be con- <br />sidered. Frankly, I don't think I'm capable of giving the answer <br />that you would like to have. But it sounds, I'd say, reasonable. <br />Again, I'm kind of wishy-washy. <br /> <br />COUNCILMAN KEHR: (Inaudible) say we go ahead on this basis <br />tonight and within the next day or so, preferably tomorrow, <br />you get together with Mr. Honchell and pin down these figures <br />to a more accurate dollar value. <br /> <br />MR. WALTER RIHM: In other words, whatever you people <br />decide, then I have to go back to my people and say this is <br />to cost approximately "X" number of dollars, give or take. <br />guess that's about all I can say on it. <br /> <br />going <br />I <br /> <br />MAYOR DEMOS: The only thing you would be liable for is the <br />storm drainage and it seems to me (inaudible) figure of $20,000, <br />you used the figure of $310,000, that's only 6% of that $310,000, <br />I'd say that's pretty good. <br /> <br />MR. vJALTER RIHM: Before we go, I mean, let's say that's <br />the route that was ele.cted on. The reason that we bought that <br /> <br />19 <br />