Agenda - Council - 03/26/2002 - Laserfiche WebLink

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to pay the City back over a period of time. Staff did not see how the Andover Development policy could relate to the City of Ramsey because the City of Ramsey requires the developers to construct City streets and services. Councilmember Zimmerman stated that if the City were to construct the roads and City services for a' development he could see where the City might get stuck with the cost if the company were to go bankrupt. The City has constructed roadways in the business park where the City has owned the property, but the private developers have to pay for their own roads and services. Councilmember Anderson stated that some of the ideas from Andover might be beneficial, but worked into Ramsey's codes. Councilmember Hendriksen stated that he did not support chan~ng the current policy of having roads paid by the developeri.~fi{/~,._they were to discuss the option there are ways to secure those costs by placing a lien, 9n:~the prdberty etc. He suggested that staff question why Andover has chosen to construct the'roads and s~ices themselves. Mayor Gamec stated t~a~': he:~::hear~;i~at with the city constructing the roads and services it assists with faster developn~gnt beC~i~e it iS~less funds the developer has to come forward with initially. He stated that he wo~l~ likg, to how the City of Ramsey development permit compares to Andover's. ij¢}?::-}:-i:;ji}t'? Councilmember Hendr/ksen stated th~t"a deYel. Op'~¢:~}'to go to the bank and borrow money for a development, and the project can be detivered"at a 16Wer cost and then the city would pick up the benefit that would normally be picked up by':~e:}$ank. Tl~ose are the types of questions that should be asked. , ~'~: ~?:>"' ';~¢,: Consensus of the Council was to direct staf£to r~Ch ~}:;benefft'~:~and objectives for the City to construct streets and utilities, what safeguards there W*~ld be~:'~-, protect the City in the investment, and the City's ability to bond for those projects. ,,:~;~;;%ii;,.; Councilmember Anderson inquired as to how the City Would:be able. to 'assure that the town center site develops in stages. 'w~" City Administrator Norman replied that the Comprehensive Plan states that a substantial of the core has to be developed prior to the next phase being developed. Councilmember Anderson inquired if that time element had been court tested. Councilmember Hendriksen stated that he had asked the City Attorney if he could defend that language that was included in the Comprehensive Plan if it were challenged, but he never answered the question. I i -34- City. Council/March 5, 2002 Page 4 of 5 1 I