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It was further explained that the County charges 120, and if you can go to the bank and get a better deal, the County would encourage you to do so. Frank Pribanic, 1310 13th Avenue, wished to know how soon the paving could be done as he was concerned about the increase in the cost of petroleum. Director Davis advised that we are finishing up a very large project in the South.County and have 5 other roads ahead of this project, but he would anticipate being in this area within about 6 months. The prices quoted on the assessment were developed prior to the Iraqi crisis. Commissioner Scurlock explained that once we set the final assessment, you cannot be charged more than that. Director Davis advised that we did add something to compen- sate for inflation, etc.; the estimate is conservative if County crews do the work; and he felt comfortable with the price set out at this time. It was further explained that this billing is a separate billing that does not appear on your property tax bill, and it can be paid within 90 days with no interest at all or in two annual installments with a 12% interest charge. John Boudrot, 1306 12th Street, had questions about his assessment because part of his property is on 12th Street which is paved, and he did not feel his footage was correct. The Chairman directed him to meet with Mrs. Gentile who would explain how the footage figure was arrived at. The Chairman determined that no one else wished to be heard and thereupon closed the public hearing. She asked how the Board felt about extending the payment plan to 5 years. Commissioner Wheeler wished to offer a Motion approving the project with the assessment to be extended to 5 years as he felt one's home and income is relative to what they can afford to pay, but Commissioner Scurlock believed we have had no evidence as to the appraised value of any of the homes on this street. He was 45 PUUK PAGE 761 OCT 2 3 1990