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mgsmsm <br />bas6d on your data, which means some will pay more than this and some less <br />if this proposal is accepted. <br />Average Cost = $17,096 <br />If this sum were to be assessed over a fifteen year period, at the original rate <br />you quoted in 1990 (8.5%), then the average cost to each household would be: <br />Rough Sum Average = $44,450 <br />Baring in mind that the average house in the area cost roughly $120,000 <br />how do you justify this? We are currently in a deep recession, yet the Orono <br />council want to increase our taxes by 32%. The threat of Hwyl2 taking the <br />southern most route is very strong, which will reduce the saleable value of <br />many houses, thus reducing the average value even lower. <br />I feel strongly that the Orono council do not hold the well being of the Stubbs <br />Bay community in the correct perspective, therefore, I would like direct <br />answers to the following questions: <br />1. Why are the Orono council persisting with this project when greater than <br />75% of the current properties can meet or exceed the minimum code levels? <br />2. What is the Orono councils position 'f the majority of the residence reject <br />this current proposal? <br />3. Wh:: are the residence legal writes of appealing this proposal when there <br />properties meet, or exceed the minimum code requirements? <br />4. Why are properties immediately north of the Luce Line excluded from this <br />proposal? <br />5. What action would Orono council take if property owners cannot make <br />these proposed payments?