02-06-1989 CC MIN - Laserfiche WebLink

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Page 2 City Council Minutes February 6. 1989 e 5.1. Western Area Feasibility Study Mayor Tralle western area meet ing. He feasibility the property indicated that all of the major property owners in the of the City have been requestd to attend this Council noted that the intent of this meeting is to review the study for the western area project and to obtain input from owners. At this time Terry Maurer thoroughly reviewed the feasib1ity study with the Council. He indicated that the Growth Management Plan initiated this plan. Terry Maurer noted that the feasibility study involves the possibility of sanitary sewer. watermain and storm drainage improvements to the western area of the City. He further noted that there were several major factors affecting the possibility of this project occurring. He noted that the significant issues affecting this project are as follows: 1. Should existing developed areas be required to hook up to City services when available? 2. Most of the major acres" tax status. eliminate this status project. undeveloped Agreements prior to parcels currently hold the "green will need to be structured to proceeding with any assessment e 3. Financial considerations regarding what properties should share in the trunk assessments. Also. what if any outside funding sources should be considered to reduce the overall assessments. 4. Should the project proceed in a phased manner or as one large proj ect. Terry Maurer explained that the total cost of improvements for the project would be approximately $11.000 per typical residential lot. He stated that this was an estimated figure and would more than likely be lowered by other factors such as Utilities contributing and also with possible money from TIF. He stated that the cost per lot for City improvements in Royal Oaks was $8.000. Irv Moldenhauer questioned whether the City is encouraging everyone to develop at one time or whether there will be a possibility of phasing the proj ect. Bill help this Gagne questioned whether Elk River Utilities would be willing to out in the cost. The City Engineer indicated he would be presenting information to the Utilities Commission on 2/21/89. e Don Heinzman questioned what the existing homes will be required to pay. The City Administrator noted that appraisals will need to be made for existing home site properties to determine how much of an assessment (if any) they can bear for the trunk systems and lateral. extensions.