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Planning Commission October 27, 2020 Page 4 probably remove the house from the property. He stated their goal was to fix up enough of the property to keep the property respectful and allow her parents to move in in roughly 5-10 years. Commissioner Rydberg asked Mr. DeMars how much money they have put into the home to clean and fix up. Mr. DeMars indicated they have spent approximately $15,000 to start and axe seeing another $10,000 to $15,000 for additional repairs. There being no one else to speak, Chair Larson -Vito closed the public hearing. Chair Larson -Vito stated in her mind there either needs to be the escrow or a time limit. Commissioner Rydberg asked if the use is allowed today, why would it not be allowed in 5-10 years for another party to then request an extension of the IUP. He felt the intention of the $5,000 escrow seems to be excessive in this situation. Commissioner Ovall stated the city council had multiple meetings regarding this and explained there is a lot of history and nuances associated with the history of this property. He stated the council's recommendation of an IUP, while not perfect, was trying to make the best of a bad situation without burdening the buyer. He stated the property has two septic systems, two wells, two utility systems, and no building permits were pulled, but the city recognizes it as a single-family home. He stated their primary concern was to get the applicants through whatever it is, if they sell it or the use changes, the IUP goes away. Chair Larson -Vito stated her suggestion with the sunset in lieu of the $5,000 escrow to avoid tying up the money if their goal was not to sell the property. Commissioner Ovall suggested the commission consider a letter of credit. Commissioner Rydberg asked what the purpose of the $5000 escrow condition. Mr. Leeseberg stated based upon a discussion with the city attorney, the escrow will cover any legal fees incurred by the city to get the property back into compliance should it be abandoned, as an insurance policy of sorts for the city. He indicated staff discussed a timeline and felt this route was solving the problem and not kicking it down the road. Commissioner Thiel asked if the escrow could be used in conjunction with a timeline as a mechanism to convert the home back to a single family residence as that is the ultimate goal of the city, so the sooner they do it, the sooner they get their money back within a five year limit. Mr. Leeseberg stated they could add that as a condition. IIIIREI IE NAWRE