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<br />the carpenter out of that location to another location and use <br />the warehouse exclusively for warehousing purposes, cap off the <br />water and sewer lines and so on and so forth and, by doing so, <br />hopefully preventing this proposed assessment. I'd like to <br />conclude by saying that according to special assessment termi- <br />nology, the way I understand it, the benefit is to presumably <br />at least equal the cost. I don't necessarily agree, under the <br />present conditions, that this improvement will enhance the <br />value of our property and it obviously would not create any <br />special benefit directly to us. Pretty much in conclusion, we <br />would appreciate your reconsideration in this matter and vote <br />to repeal or turn down the planned assessment. <br /> <br />MAYOR DEMOS: Did you say (inaudible) Grain Terminal Asso- <br />ciation. <br /> <br />MR. HOLMES: The building is owned by Grain Terminal Asso- <br />ciation, the land is owned by the railroad. We have a lease <br />agreement with the railroad. <br /> <br />MAYOR DEMOS: Is it used for Grain Terminal operations, <br />.other than the carpenter shop, or rented out or what? <br /> <br />MR. HOLMES: Grain Terminal Association occupies the entire <br />building. However, with the exception of the carpenter shop, <br />the remainder of the building is used for warehouse purposes - <br />storage of boxes and so on. <br /> <br />COUNCILMAN CURLEY: How long is your lease? <br /> <br />MR. HOLMES: I cannot be specific as to the length of the <br />lease. I was told, however, that the lease agreement is such <br />that the lessee is responsible for paying any and all assess- <br />ments. That's why Burlington Northern is not here. <br /> <br />MAYOR DEMOS: I guess one concern we have had with some <br />of our unconnected sewers is that the water table in our City, <br />any pollution thereof - this our concern. Some of the benefits <br />accrue to the people around you as well. I cannot speak to <br />that (inaudible). I would say across the street we have had <br />water problems. These are some of our concerns in getting <br />these taken care of. <br /> <br />COUNCILMAN CURLEY: How big a piece of property is that? <br /> <br />MR. HOLMES: I don't have a description. I'm sorry, I <br />do have a description - it's a meets and bounds description. <br />The north 400 feet of the easterly 2055 feet, but then it goes <br />on - such and such. The legal description is not specific as <br />far as the size of the property. <br /> <br />COUNCIk~N CURLEY: <br />the fact that someday, if <br />Burlington Northern sells <br />something. It's going to <br /> <br />I guess what I'm trying to get at is <br />you people get out of your lease and <br />that property, it will be used for <br />have to have a sewer system sometime. <br /> <br />3 <br />