Laserfiche WebLink
CASE # <br /> <br /> CONSIDER AUTHORIZATION FOR SEWER AND WATER TRUNK CHARGE <br /> HOOK-UP RATE FOR RAMSEY TOWN CENTER 2~D ADDITION <br /> By: James E~ Norman, City Administrator <br /> <br />Background: <br /> <br />Thc Ramsey Town Center (RTC) entered into an option agreement approximately two years ago <br />with D.R. Horton, a major houSing developer, to construct approximately 60 acres of the <br />residential development, amounting tol approximately 900 dwelling units, in the Town Center <br />(map attached. Recently, negotiations have been underway to create an amendment to the option <br />agreement that would reduce the r01e olD.R, Horton to a 12-acre parcel in the Town Center, also <br />known as Ramsey Town Center 2nd Addition. Limiting the role of D.R. Horton would allow for <br />more housing development variety arid allow more building projects to happen concurrently <br />rather than on a consecutive basis as proPosed by D.R. Horton. Staffhas been supportive of the <br />negotiations between the RTC and D.R; Horton. <br /> <br />The allocation agreement for the RTC 2nd Addition allows the developer to pay for the sewer and <br />water trunk hook-up charges at tile time of the building permits rather than the usual method of <br />paying them at the time of final plat. That being the case, the building permit fees have not been <br />initiated and the sewer and watef trunk hook-up charges have not been paid. In order for the <br />option agreement between RTC and D.R. Horton to be completed, D.R. Horton has requested <br />that the 103 residential units in RTC-2nd Addition be able to use 2004 sewer and water trunk <br />hook-up fees. <br /> <br />Staff believes that allowing 2004 Sewer and water trunk hook-up fees is a small price to pay for a <br />better rcsidenti al development in :the Town Center and would recommend Council authorize the <br />rates to complete the option agreement. Staff would further recommend that future allocation <br />agreements do not allow for sewer and water trunk hook-up fees to be deferred at time of final <br /> <br />Council Action: <br /> <br />Motion to authorize staff to collect sewer and water trunk hook-up charges at the 2004 rate <br />scheduled for the Ramsey Town Cen;~er 2nd addition and direct staff that all future sewer and <br />water trunk hook-up charges are Collected at time of final plat. <br /> <br />7 <br /> <br />Reviewed by: <br /> <br />City Administrator <br />Finance Officer <br /> <br />CC: 01/11/05 <br /> <br /> <br />