5.2. SR 06-10-2002 - Laserfiche WebLink

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Mayor Stephanie Klinzing and City Council Members Ms. Michele McPherson, Director of Planning June 4, 2002 Page 2 D.R. HORTON CONCERNS It is our opinion that the current Zoning Code Ordinance Section 900.30, very much fulfills the intent by the City to guarantee completion of the required on site improvement items. We would not oppose an increase in the value of the letter of credit requirement or an additional letter of credit guarantee for the completion of the landscape requirements. Typically, all landscaping and other site improvement items are completed prior to the issuance of a certificate of occupancy. The only time these items are not completed are typically during the winter months. In our experience, to escrow separate funds with a title company, bank or other financial institution would be a hindrance to the future homeowners, title company processes and closings and financial institution processes. In additional, homeowners will likely see an increase in closing fees and expenses, and undoubtedly get tied up in arcane processes. D.R. HORTON RECOMMENDATION We suggest that you modify the performance guarantee section of the zoning code to meet the intent by the City and completion of all the required exterior lot improvement items. In addition, the City could require at the time of Building Permit issuance, monies to be escrow with the City, equal to the value of exterior improvements not made (example $2,000 - typical in other metro cities we are developing in). Once the items have been completed the monies are returned back to the developer/builder. By collecting the monies upfront at the time of building permit issuance this would not require the future homeowners to come up with additional funds and wound not affect the title and financial institutions processes as currently recommended by this ordinance amendment. In reviewing the Statutes of the State Building Code and Municipal Code and speaking to members at the State offices, it is agreed that building code items and lot improvement items are not to be intertwined. Building Code items are for building construction related items and Zoning Code items are for improvements of the land. We look forward to discussing this in more detail with you on June 10. If you should have any questions, please call me at 952-985-7826 (office) or 952-292-1527 (cell). Sincerely yours, D.R. HORTON~INC. --~INNF, SOTA DIVISION Tom Bakritges [ Project Manager Isa, fid )pment CC: Patrick Klaers, City Administrator Neil Hansen, MN Division President Don Patton, Vice President Land Development