Agenda - Council - 01/08/2002 - Laserfiche WebLink

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-02- ($278,361 - $250,578) shall be paid in cash. It should be the Developer's option to pay the $27,782 and lock in the 2001 trunk fee rate or pay this additional money wSen his credited trunk fees run out during a subsequent final platting of a future phase.- There is a stormwater management development fee of $58,875 (157 units x $375/unit) due on the ultimate plat as reflected in the approved preliminary plat. Preliminary Plat approval was contingent upon addressing the drainage outlet to the north. At the time of preliminary plat, costs for this offsite improvement were estimated at $130,000, and would provide a positive flow outlet to the Rum River. Since that time the costs have been revised to $75,000. Due to the presence of City owned storm sewer on 156th Lane NW that could be utilized. The Developer would be responsible for these costs. As mentioned at the time of preliminary plat approval, the City has requested that a storm sewer overflow be included as part of this plat to protect the homes south of Alpine Drive NW. The cost to construct this outlot is estimated at $50,648. Since this improvement does not bene~t the development, the Developer has proposed that this improvement be constructed:~"Ti~~u of cash payment.. The remaining $8,227 ($58,875 - $50,648) shall be paid in cash. It,:~h6~ld b~e Developer's option to pay the $8,227 and lock in the 2001 trunk fee rate or pg~i:this additi0~al money when his credited trunk fees run out during a subsequent final platting of a futu~:~phase. The Developer has requested that Verbiage be added to the Development A~emeiSi~¢'t6' reqfiii:e'~hat the City pay for improvement costs that exceed the sewer and water trunk ~}g~'~'i~veli ~.~stormwater management fees. The estimated costs of the Phase I improvemen¢~h~cernhl:,to .t~e plat were not available at the time of case preparation. These costs are wholly ttiCDdvet6per's responsibility, but are need to complete the financial guarantees and inspection fe~section of the. Developer's Agreement. City Engineer Olson explained that tY/~::i~'~erta~ng to the sewer and water trunk fees and storm sewer has not been worked out in the':deebiopment:agreement. Mr. Olson presented a letter to the Council from Steve Ach, Land D-e¢~elopmen-t'~anager for Centex Homes, dated December 18, 2001, giving their opinion on~ .~u~:~'~ing ~i:~.Su..es. Mr. Otson explained that some discussion.needed to occur as it relates to w~d~'(voufd~be re~-~)nsibte for any cost associated for sewer and water extension to the site if it exceeds the'~'~'i:nount '3~7~the sewer and water trunk fees noting that there wilt be about $278,00 in trunk fees generat~&~e estimated cost to run sewer and water to the site is $250,000. ~ .¢~'~ ~ . Councilmember Hendriksen inquired as to what past practic~'has been. City Engineer Olson replied that Apple Ridge was required to pay for all extension costs to the site over and above what was collected in trunk fees. Councilrnember Hendriksen stated that he had thought the purpose of the trunk fees was to pay for looping, etc., in the City. City Engineer Olson replied that that is correct when trunk fees are collected from parcels that already have City sewer and water to the site. City Council/December 18, 2001 Page 18 of 28 ! ! I ! I I I' !