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• <br /> June 1, 2001 <br /> Honorable Mayor Stephanie Klinzing <br /> Elk River City Councilmembers <br /> 13065 Orono Parkway <br /> Elk River, MN 55330 <br /> Dear Mayor Klinzing and Councilmembers: <br /> As you are aware,Riverside Companies has negotiated with Elk River Utilities to sell one acre of <br /> land for the construction of a water tower in east Elk River. The acre of land is within a 40-acre <br /> parcel south of the Holzem property south of County Road 12. This property is not currently <br /> within the Urban Service District nor is it platted. We will be submitting a land use amendment and <br /> preliminary plat request for review by the Planning Commission in July. <br /> Our purchase agreement defers trunk watermain assessments and fees until development occurs. At <br /> this time it is unknown if trunk sewer will be installed at the same time as the trunk watermain. We <br /> would like to clarify our position regarding trunk sanitary sewer assessments. If trunk sanitary sewer <br /> were installed,we would request that assessments be deferred until Fall 2003. We do not anticipate <br /> developing this property until that time. If trunk sanitary sewer were not installed,we would follow <br /> 1111 the City's assessment policy at the time that the property was developed for residential purposes. <br /> It is our hope that the City Council finds the above positions favorable. <br /> If you have any questions,Daryl Thompson will be in attendance at your June 4,2001 meeting to <br /> further discuss this. <br /> Sincerely, <br /> Richard Foster <br /> Riverside Development <br /> • <br />