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MINUTES <br />REGULAR CITY COUNCIL MEETING <br />APRIL 12, 1978 <br />Page 9 <br />If you are going to do a little figuring on that, <br />would it be possible for you to get some figures <br />for some of the property owners, like myself and <br />Mr. Spiegler to see what our individual cost would <br />be and what you feel would be the benefit back in <br />taxes for the City and how would this affect us <br />because we happen to be large property owners <br />and we would probably be carrying a heavy burben <br />towards this, not us personally, it would be our <br />tenants. <br />A brief answer on that would be, I'd have to get <br />plats out and figure how much drainage you would <br />have and roughly how many square feet you have. <br />As it looks now, if it all goes, the type of thing <br />we put together, it would be approx. 3~ a square <br />foot, so if you have 40,000 square feet, you are <br />talking $1,200. <br />Is that spread over a period of time on the <br />menu? <br />Normally they are, yes. <br />AL RUBINGER <br />~~ <br />ENGINEER BRAD <br />LEMBERG <br />assess- AL RUBINGER <br />Normally it goes 10 years, but can see no objection <br />to going 15 years. You do have water backed up on <br />your property at .this time don't you? <br />We have had it a little in the driveway this year, <br />as we normally do in one driveway. <br />I think one of the concerns we have is the ulti- <br />mate use of the property pointed out on the map, <br />east of Fairview and north of Larpenteur. I think <br />ultimately the University envisions uses of this <br />property. I think this has a bearing on this thing <br />as to the use, if-:they<redevelop that as residential <br />or University building, something like that, of course <br />it would necessitate having a storm sewer up in that <br />area. They are contributing runoff of course, and <br />would have to pay for it as well as the rest. I think <br />future projection is very important. <br />We did have a proposal at one time for the property <br />west of Tatum which was quite a concern as to where <br />the water would go. Of course residential property <br />built up, probably discharges more water than farm <br />land or nursery 1 and. Someday it is going to be <br />developed, there is no way it will stay this way for- <br />ever, but with shortage of land in the Twin Cities, <br />someday Mr Hermes and Mr. Hawkins will be disposing <br />of their properties in the foreseeable future. I <br />think we have to prepare for it and this is one way <br />we can look at it. I'm not advocating it, but I <br />think this is the first time we have been able to <br />talk of it with the chance of financial aid and <br />ENGINEER BRAD <br />LEMBERG <br />MAYOR WARKENTIEN <br />AL RUBINGER <br />HAROLD NILSEN <br />MAYOR WARKENTIEN <br />