8.0. SR 04-26-1993 - Laserfiche WebLink

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\~. . city Council/Utilities Commission Minutes February 17, 1993 Page 3 charged as a water Impact Fee, therefore, anyone hooking into the water system would pay both fees. There was discussion with developers Rick Foster and John weicht regarding the payment of fees. Rick Foster indicated that he felt the up front fees were excessive now and that adding additional fees would drive development out. Councilmember Scheel agreed, indicating that the Council must figure out a way to keep development fees low. The City time of of water further help the Council agreed that everyone should pay a WAC and WIF fee at hook up. Mayor Duitsman indicated that he would like to see $60,000 utility profit annually dedicated to pay for water towers. He indicated that the City would be willing to use TIF reserve funds to Utilities fund the water towers. . The City Administrator summarized the discussion and stated that this meeting related to an overall plan to help finance future water towers and wells and did not necessarily concentrate on any specific area of the community; that there was an agreement that a fee needs to be collected from everyone that hooks up to the water system in the future and that this fee could consist of the WAC and an assessment or Water Impact Fee. The City Administrator indicated t1la:t the Utilities and City staff would get together to review all available revenues and costs for future improvements in an effort to determine a recommendation on an appropriate fee and method for collecting the necessary fee. The Utilities Commission agreed to authorize bids for the construction of the water tower in the high pressure zone. The joint meeting of the Elk River City Council and the Elk River Utilities Commission adjourned at 8:15 p.m. Respectfully submitted, ~.0. ~ Lori Johnson Finance Director .