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the different agreements with the phasing and also to anticipate <br />any other subdivisions that might come before Council? Asti- <br />Caranci needed a fairly accurate account. <br /> <br />Davidson: <br /> <br />The question I have is with the <br />Homart land and things that have <br />already been approved, was that <br />about 60 or 80 houses that Sheffield <br />is building there? We need to know <br />the number that they're probably <br />going to build in the Homart, that <br />we have no control over. I think <br />250 is probably a relatively low <br />number. I would think 300 is <br />probably more likely. <br /> <br />Howard: <br /> <br />Does making the number a little too <br />high offer any penalties to the <br />City? <br /> <br />Brand: <br /> <br />It would just be a revenue that did <br />not come in and, therefore, we could <br />not spend it. <br /> <br />Howard: <br /> <br />I would rather see a higher figure <br />of 350, because I don't want to get <br />into a bind of not anticipating the <br />revenue and, therefore, not be able <br />to spend it. <br /> <br />Davidson: <br /> <br />Since we're some several million <br />dollars below the revenue limit, why <br />don't we just estimate to the <br />maximum of the revenue limit and <br />come up with that number? That way, <br />if a major commercial developer <br />comes in or something like that, <br />we're safe. <br /> <br />Asti-Caranci: <br /> <br />Another 100 building permits, if it <br />went from 250 to 350, that would <br />generate approximately $1.7 million <br />more dollars. <br /> <br />Mayer: <br /> <br />Does that include the potential <br />increase in the Service Expansion <br />Fee? <br /> <br />Asti-Caranci: <br /> <br />No. <br /> <br />Mayer: <br /> <br />I think it would be useful to at <br />least figure that. The feeling I <br /> <br />7 <br /> <br /> <br />