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Item 7.4. <br />ver MEMORANDUM <br />TO: Mayor & City Council <br />FROM: Pat Klaers, City Adt~~i3ltrator <br />DATE: April 3, 1995 I/~//~ <br />SUBJECT: School BuildingBond Proposal <br />As the City Council is aware, the School Board is proceeding with a public <br />referendum to, in part, finance a 2100 student senior high facility. The <br />public vote on this proposal is scheduled for May, 1995. If this proposal is <br />approved, the City and the School will have to discuss potential locations for <br />such a facility along with the cost and availability of municipal services. <br />I think it goes without saying that any savings that the School District could <br />obtain in the construction of a new senior high would be appreciated by the <br />Board. Some City assistance is appropriate, but the type and level of the <br />• assistance is unknown. <br />If the City and School District are talking assistance in WAC and SAC fees, <br />then the School also has to talk to the Utilities Commission which controls <br />the water fees. As the Council knows, the WAC fees go to finance new water <br />towers and wells that are needed for newly developed areas of the City. <br />Likewise, the SAC fees go to finance the debt for the treatment plant <br />expansion which is necessary in order to have sewer capacity to service new <br />areas of the City. To forgive these fees completely would make the debt <br />payment for new towers, wells and plant expansion very difficult. SAC and <br />WAC fees are generally paid at the time the building permit is issued. <br />Another area of financial concern for the School Board will be sewer and <br />water trunk and lateral assessments (along with street and storm sewer <br />assessments). If the School or benefiting property owners do not pay for the <br />sewer and water pipes that go into the ground, then another source of <br />funding for these infrastructure improvements must be identified. <br />Finally, the School may be seeking public support for the bond proposal from <br />the Mayor and individual Councilmembers and this may be discussed at the <br />joint meeting. <br />• <br />13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • (612) 441-7420 • Fax: (612) 441-7425 <br />