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Councilmember Cook stated that the City needs to decide which direction they are going with <br />Highway /410 because it seems that in one discussion they are talking about making <br />improvements to property along Highway/410 that will promote development and then in other <br />discussions they are discussing placing a moratorium on the property along Highway #10 and <br />officially mapping the property, which would limit development. <br /> <br />Councihnember Elvig stated that it does not seem to make sense to improve the value of the <br />property if ultimately the land is going to have to purchased to relocate Highway # 10. <br /> <br />Principal City Engineer Olson inquired if the City was going to stop all development proposals <br />along Highway # 10 until the highway is redone. <br /> <br />Councilmember Cook replied that the City has been discussing a moratorium along Highway/410 <br />and they discussed that fact that they did not want the improvements because the City may be <br />required to purchase the property for future highway #10 redevelopment. Then the City turns <br />around and charges property owners along Highway #10 to improve their land then restrict the <br />development. <br /> <br />Councilmember Zimmerman stated that anyone who believes that Highway #10 will become a <br />freeway in the next few years is crazy <br /> <br />Councilmcmber Cook stated that once the land is officially mapped the value of the property <br />would be viewed differently. <br /> <br />Councihnember Zimmerman replied that at this time the Council has not made the decision to <br />proceed with the official mapping process. <br /> <br />Councihnember Cook replied that that may be true, but if the property is officially mapped the <br />City should not be requiring the property owners to pay for infrastructure <br /> <br />Principal City Engineer Olson noted that the amount of land the City would be taking is 20 feet <br />of pe~nanent easement and 20 feet of construction easement. <br /> <br />Councilmcmber Cook inquired as to how much the property owners in the special taxing district <br />are paying. <br /> <br />Principal City Engineer Olson explained that when the taxing district was set up their was no talk <br />of the realignment of Highway #10 and the thought was that the infrastructure would improve the <br />use and provide an outlet to the Business Park 95 pond. The property owners within the special <br />taxing district a re being charged $ 43,000 a year for 1 0 years, noting that the tax is based on <br />property value so if someone improves their property they would pay a higher percentage of the <br />$43,000. <br /> <br />Public Works Committee/May 20, 2003 <br /> Page 7 of 20 <br /> <br /> <br />