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<br />. <br /> <br />Honorable Mayor and City Council <br />August 12, 1994 <br />Page Two <br /> <br />It is important to note that in this service district the cost of deferrals amounts to <br />approximately 1/6 of the total assessment rate. Given the size of this district, the total area <br />affected by assessment deferrals is slightly less than 50%. Other service districts within the <br />City have the potential to have a much higher percentage of assessment deferrals, given the <br />large tracts of land in those areas. <br /> <br />I will be in attendance at your August 15th City Council meeting shouId you have any <br />questions or would like more detail on the method of calculation used to establish this rate. <br /> <br />Sincerely, <br /> <br />MSA, CONSULTING ENGINEERS <br /> <br />~~~ <br /> <br />Terry 1. Maurer, P.E. <br /> <br />. <br /> <br />TJM:tw <br />215-120hug <br /> <br />. <br />