10-10-1994 CC MIN - SPECIAL - Laserfiche WebLink

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City Council Minutes October 10, 1994 Page 4 e assessment on a property, the property value should increase at least the amount of the assessment. He explained that if a property owner felt he could prove that the benefit was less that the assessment, it could to go court. Mayor Duitsman closed the public hearing. Councilmember Holmgren provided comments regarding his view of the "skyrocketing" land values in the Elk River area and the increasing rate of development. Pat Klaers, City Administrator, explained that the City must meet their bond obligations for the project, and must either increase the assessment amount per acre or scale back the project if the North Highway 10 area was deleted from the project. Councilmember Farber questioned how benefit to property is proven. Peter Beck, City Attorney, stated that an appraisal would be done to determine the development potential for the property, that is; its highest and best use. Mayor Duitsman re-opened the publiC hearing. - Carol Mills, representative for Guardian Angels, stated that they are already in the process of platting 12.5 acres for the development of senior housing north of Highway 10. Ms. Mills stated that their project is being planned in four phases. She stated that if the extension were postponed, costs would be increased later. She added that she understood that Guardian Angels property would be included in the project, and that if there was some question now, she would need to speak with the Guardian Angels Board of Directors. Discussion followed regarding how the project would be affected if smaller residential parcel were removed from the project. Bill Gaane stated that he is in favor of the improvement project. He stated that he has purchased the 40-acre Marion Moon property and would like to develop it. This area is north of Highway 10. Sara Hartman questioned how many parcels are in the Naples Street and 186th area. Terry Maurer stated that are approximately 20 acres total, with lot sizes ranging from less than one acre to three-plus acres. Discussion followed regarding Green Acres deferrals. Mayor Duitsman acknowledged receipt of letters of objection from the following property owners: Joseph and Delores Bickman, Thomas and Sara Hartman, Sandra Roy, Loren and Teresa Chicoine and Frank Guck. Mayor Duitsman closed the public hearing. e COUNCILMEMBER HOLMGREN MOVED TO ADOPT RESOLUTION 94-103, A RESOLUTION ADOPTING THE FINAL ASSESSMENT ROLL FOR THE WESTERN AREA PHASE n IMPROVEMENTS AS PRESENTED EXCEPT FOR THE FOLLOWING PROPERTIES;