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Councilmember Riley asked if this would resolve the previous turnaround issue on Potassium. <br /> City Planner McGuire Brigl confirmed that this would resolve that situation as well. <br /> Councilmember Riley stated that the City would be relieved of the cul-de-sac turnaround and <br /> that would be a benefit, therefore he could support some City participation. He stated that if this <br /> project was to be done as a stand-alone project, he believed that the homeowners would be <br /> assessed 100 percent. <br /> City Engineer Westby stated that the current assessment policy would identify that improvement <br /> as a 50 percent assessment. <br /> Councilmember Riley noted that the homeowners would not support that project even at one <br /> third of the cost. He stated that perhaps an appraisal could be done to determine an appropriate <br /> assessed value to those existing homes. He would also consider some City participation, and this <br /> would relieve the gravel road maintenance and cul-de-sac requirement. <br /> Councilmember Kuzma agreed with the statements made by Councilmember Riley. <br /> Community Development Director Gladhill noted that the developer is present tonight, in the <br /> case the Council has questions. <br /> Acting Mayor LeTourneau stated that he is attempting to keep the discussion separate as this <br /> pertains only to Potassium Street. <br /> Councilmember Kuzma asked for clarification, if the City chose the option where the developer <br /> pays 60 percent and the City pays 40 percent, would the assessments then come out of the City's <br /> portion of the cost. <br /> City Planner McGuire Brigl confirmed that is accurate. <br /> Councilmember Johns confirmed consensus with the direction of the Council. <br /> Community Development Director Gladhill confirmed the consensus of the Council to modify <br /> the second option, where the developer pays 60 percent of the improvement cost and the <br /> remaining 40 percent would somehow be split between the City and the benefiting properties. <br /> 7.06: Consider Adoption of Ordinance #18-02 Authorizing the City of Ramsey to Sell <br /> Four(4) Parcels of Real Property <br /> Asst. City Administrator/Economic Development Manager Brama reviewed the staff report and <br /> recommendation to adopt Ordinance #18-02. <br /> Motion by Councilmember Shryock, seconded by Councilmember Riley, to waive the City <br /> Charter requirement to read the ordinance aloud and Adopt Ordinance #18-02 Authorizing the <br /> City of Ramsey to Sell/Convey Four (4) Parcels of Real Property. <br /> City Council/May 22,2018 <br /> Page 9of11 <br />