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process due to the number of wetlands onsite. At 1,500 linear feet, the project would cost approximately $500,000, <br />including some contingency costs. Staff would like to discuss three possible funding solutions for the upgrading of <br />Potassium Street: <br />1. 1/3 paid by applicant, 1/3 paid by City, 1/3 paid by assessments ($165,000 each) <br />2. 60% paid by applicant ($300,000) and 40% paid by City ($200,000) <br />3. No City contribution <br />Staff notes that this road is not a collector road and that strictly single-family residential projects typically pay <br />100% of development costs. Additionally, while this project is not an economic development project, it would be <br />improving a gravel road, reducing regular maintenance costs. <br />Staff would also like to note that the wetland delineation for this project is not complete at this time. <br />Funding Source: <br />Staff is handling this portion of the review as part of normal Staff duties. While not under the purview of Planning <br />Commission Review, it is noted that the Developer is requesting assistance with improvements to Puma Street. That <br />decision will come at a later date. <br />Recommendation: <br />No recommendation needed at this time since a formal application has not been received. <br />Action: <br />No action requested. <br />Site Location Map <br />Site Plan <br />Site Plan <br />Site Plan <br />Attorney's Memo <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Chris Anderson Chris Anderson 04/24/2018 11:24 AM <br />Tim Gladhill Tim Gladhill 04/27/2018 01:22 PM <br />Form Started By: Chloe McGuire Brigl Started On: 04/19/2018 03:11 PM <br />Final Approval Date: 04/27/2018 <br />