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would they still be for it? That might give you an idea of how they feel about the tax increment hearing later. But you do have that flexibility to pull it allover if we commence the tax increment plan within a reasonable period of time - that's normally three or four months. COUNCIL!1AN KEHR: Mr. Popovich, if we go ahead with this and the assessments are levied to the property owners and later on we go to tax increment financing - that would be transferable to the tax increment? MR. POPOVICH: No. What would happen - if you ordered the improvement and called for bids and started construction and let's say four months from now the tax increment was approved - since our assessment hearing on this project wouldn't be until next year anyway and the intervening tax increment plan would come into effect - we would never assess them if that was your choice - or they would have a reduced assessment. COUNCILMAN KEHR: That was my question. MAYOR DEMOS: Supposing tax increment financing does not go through - we would' be having the assessment hearing approxi- mately one year from now. They are usually in August - this year they're the 16th and 18th of August. At this point, any person who has an assessment may corne in and say that this improvement serves no purpose for me. If you prove your argu- ment, you could have - you're saying that as a residence this does not serve you, I don't need this, etc., etc. - then that assessment could be deferred until such time - if you could persuade the Council - until your property changed hands. COUNCILMAN CURLEY: If you could convince the Council that you're not benefited by that much, the Council could even reduce the assessment. MAYOR DEMOS: That's right. COUNCILMAN JOHNSON: Convincing the Council - you're making it sound too ominous. MAYOR DEMOS: 'No - I'm just saying that if someone came in and said - I happened to be in the office after Gloria Thayer called the other day and someone sent it to me and I said, well, we have Corpus Christi Church, who we didn't assess anything for Skillman Avenue - we have property allover the City - the Archdiocese didn't get assessed until that property was sold to Northwestern College. So I'm saying, it has happened - we've had - I'm sure every year we've had assessments adjusted, etc. COUNCILMAN JOHNSON: a point that . I understand. I just wanted to make MAYOR DEMOS: I'm saying that it's not a formality of them thinking it's going to happen by number one, staying 6