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295 be provided for sailboats , approximate length of 600 ' , the two arc ,es proposed , one for pedestrian and one for vehicular traffic . Mr . Blair also advised of the first briefing which had been given to the Board of Directors of Leslie Salt Company this date covering the full historical review of the project , the financing program and the mechanics of the bonding program . Mr . Blair concluded his report by informing Council that the preliminary work for next bond prospectus and bond program for the " Dt` Series Bonds would be submitted to the Council shortly . He also assured Council since rainy season now apparently ended faster progress would be made in the construction phase from now on . In reply to Council questioning effect to project from delays caused by extreme rainy season , Mr . Blair indicated no serious problems foreseen . Although home construction had been delayed , it was felt more acceleration would take place from here on and residents could be expected in area by midsummer . He admitted delay on some improvements would somewhat affect the assessed valuation in bonding program . City Manager stated it would be apparent in the tiD ,t Series bonds prospectus there has been some reduction in the bonding capacity of the District for this construction period as a result of not being able to get all the projected improvements on the ground , in effect not being able to spread some 3 , 8 million still left in " C " bond series physically into improvements . He stated this slippage would be levelled in the "D " Series Bonds bonding capacity , and in order to adhere to guidelines adopted by the Council , will make a material increase in what Leslie participation will have to be . He advised of the studies being made now on examining priorities on needs of both developer and District in order to permit the developer to proceed on sales and development , and allow the District to complete public works aspects . Continued PUBLIC HEARING , Laurel Way Annexation declared open . City Clerk announced com- munication had been received since preparation of the Agenda from Mr . and Mrs . Henry Miller ( owners of Portion Lot 5 , Block 29 , Oak Knoll Manor ) stating their wish to withdraw their protest against the Laurel Way Annexation proceedings . City Clerk advised this withdrawal , amounting to 20 . 65% of the total assessed valua - tion of the area , would now bring the total protest down to 41 . 010 of the total assessed valuation . City Clerk reported another communication had been received since last continued public hearing from one of the proponents relative to his request for an early deter- mination on a sewer line and questioned whether it should be considered as a part of this public hearing . City Attorney advised communication could be accepted in the record . Charles I . Durkee , 1340 Sierra Street ( owner of Lots 8 , 9 , 10 , 11 , Block 8 , Highlands of Emerald Lake Subdivision /f1 ) , urging extension of a sewer line from Glenwood Avenue along a City ease- ment to the edge of his property . William Holtman , 3765 Laurel Way , questioned procedures for further improvements after annexation , as he understood the procedure to be by Assessment District . City Manager advised of the necessity of an assessment district being formed by the property owners for further improvements , but stated Mr . Durkee ' s property could not be served from Laurel Way hence his request being made for the connection from Glen - wood Avenue . Director of Public Works advised his Department was working with Mr . Durkee and that , if sewer connection made , it would be on a cash basis . There being no further communications or oral protest , Councilman Petersen moved to close the public hearing , seconded by Councilman Arnett and carried . APR 7 139