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<br />Assistant City Engineer Himmer estimated it the City cost to be about $25,000. <br /> <br />Steve Young, 3844 York Ave South, Minneapolis, the owner of the property, stated that he <br />would rather not spend $50,000 to run a pipe from his parcel to a very large pond and not see the <br />money back or not go after all the benefiting parcels that would tie in to what he built. He stated <br />that he thinks it is wise for him just to defer making that decision until the adjacent lot is <br />developed in the future. <br /> <br />Assistant City Engineer Himmer stated that the diagram on page 12 does show Mr. Young <br />utilizing the adjacent lot and putting in a temporary basin, so he could get a permit tomorrow, but <br />this does encumber the second lot. He stated that what Mr. Young would like to know is if the <br />City is willing to do the project and assess back his pro rata share or wait until lot 7 comes in for <br />development and revisit the situation all over again. <br /> <br />Councilmember Dehen stated that would mean the taxpayers take care of it in the meantime. <br /> <br />Ghair Elvig stated that the pro rata share would still be a considerable number. <br /> <br />Assistant City Engineer Himmer stated that his estimate is about $45,000, which would be about <br />$5,000 per lot and spread across 9 lots. <br /> <br />Councilmember Dehen stated that there are 2 lots and Mr. Young would like to use one of them <br />for drainage. He asked what would be wrong with doing that. <br /> <br />Public Works Director Olson stated that there is nothing wrong with that, but Mr. Young is <br />saying that if he develops lot 7, he will need to put the water somewhere, so he wants to know if <br />the City would support moving forward with the project now and assessing the benefiting parcels <br />and up front the cost, or the City will have to revisit it again when there is a development <br />proposal. <br /> <br />Assistant City Engineer Himmer stated that Mr. Young's point is he is paying $6,000 for this lot <br />in storm fees, so for the 2 lots, he will kick in about $11,000-$12,000 anyway, so he is <br />wondering about the City up fronting the costs for the improvements. <br /> <br />Chair Elvig asked what the difference in cost would be if this is postponed. <br /> <br />Assistant City Engineer Himmer stated that the plan would be to use the existing right of way on <br />the south side to run a line parallel down the south side of Riverdale Drive, but is unsure of the <br />difference in cost. <br /> <br />Chair Elvig stated that he is not excited about the City fronting that much money because it <br />would be like the City playing developer. <br /> <br />Assistant City Engineer Himmer stated that one option to consider would be similar to the John <br />Peterson deal where developer pays the up front cost and is reimbursed as projects come in. <br /> <br />Public Works Committee / October 21, 2008 <br />Page 5 of 11 <br />