BCE0044: expecting }, found 'private'. PLEASE HELP!!!!!

Here is my code. WHAT IS WRONG?! PLEASE ANSWER AS SOON AS POSSIBLE!!!

var LookAtTarget : Transform;
var damp = 1.0;
var BulletPrefab : Transform;
var savedTime;

function Update()
{
	if(LookAtTarget)
	{ 
		var rotate = Quaternion.LookRotation(LookAtTarget.position - transform.position);
		
		transform.rotation = Quaternion.Slerp(transform.rotation, rotate, Time.deltaTime * damp);
		
				var bps = 1.00;
				private var savedtime:float=0;
				if(Time.time>bps+savedtime)
	{
		savedtime=Time.time;
		Shoot();
	}
}
	
function Shoot()
{
	var bullet = Instantiate(BulletPrefab, gameObject.Find("spawnPoint1").transform.position, Quaternion.identity);
	
	bulet.Rigidbody.AddForce(transform.forward * 1000);
	
	
	
}

Line 15. You can’t declare a local variable as private. Just remove private.

You should format your code: select the code and press the 101/010 button or Ctrl-K.

I formatted the code for you, and found the unexpected private keyword in line 15: remove it - private should be used only in member variables (variables declared outside any function).