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June 1, 2001 <br /> <br />Honorable Mayor Stephanie Klinzing <br />Elk River City Councilmembers <br />13065 Orono Parkway <br />Elk River, MN 55330 <br /> <br />Dear Mayor Klinzing and Councilmembers: <br /> <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 /> <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 />the City's assessment policy at the time that the property was developed for residential purposes. <br /> <br />It is our hope that the City Council finds the above positions favorable. <br /> <br />If you have any questions, Daryl Thompson will be in attendance at your June 4, 2001 meeting to <br />further discuss this. <br /> <br />Sincerely, <br /> <br />Richard Foster <br />Riverside Development <br /> <br />$:\PLANNING\MICHMC\LETrERS\Foster Watertower.doc <br /> <br /> <br />