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appear to be still out in the boulevard. I don't know how they got put in originally or by whom. There shouldn't be extensive impact, however, with existing vegetation. There are numerous ditches through this area. Some of these ditches will be elimi- nated and the water redirected to the new inlet facilities that will be there. In other cases, due to location of the driveways, existing culverts will be replaced, predominantly to match the new flow lines along this reconstructed ditch that will remain between the inlet facilities. Once again, tax increment financing is a possibility, although certainly not a surety. This is the sort of improvement that was envisioned when tax increment was being discussed. I will also say that this is a portion of the overali development of this ponding area that well could occur in the future. This is kind of a first phase. Ultimately, assuming funds are avail- able through tax increment sources or some other City sources, this type of facility could be expanded to the north and have even more ponding in the area and, I'd like to think, beautify the area even further from its rather open appearance right now. That is uncertain, however, but we have been talking with the Rice Creek Watershed staff on getting a master plan approval for not just this site alone, but for the entire greater Fulham drainage area. Once we have that finally approved and in place, then we would be able to come before you with some more specific plans for the future. Again, in all probability, being based upon the fact that tax increment would be available. COUNCILMAN JOHNSON: Does that go into County Ditch 4? MR. HONCHELL: It goes into -I think it's County Ditch 12. MR. POPOVICH: Mayor and members of the Council, the total estimated cost of this improvement is $120,000.00. The land area involved - 68% petitioned. There is no residential property in this area - it's alL zoned B-4. When I say no residential - it's all zoned B-4 and not the other one. Based on the areage of 15.32 and the estimated units of 6.67 per acre, they figure 102 units. If you divide that total cost, it comes out to $1,175.89 per unit, or multiplying that by six, about $7,000.00 per acre. The engineer recommends that 25% of this be assessed and the rest be picked up by the City general taxes. If 25% is assessed, it comes out to $293.97 per unit - if we have a little over six per acre, six times $293.97 is about $1800.00. If it goes the local improvement route, we would recommend a period not longer than 15 years, with the normal interest rate on the unpaid assessment. Again, this is one that could be picked up by that tax increment thing as we were talking before as well - partial, all or none, whatever the case may be. This is now presented as if it was standing on its own and you needed this whether you went ahead with tax increment or not. 3