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CASE # <br /> <br /> ADOPT AMENDMENT TO ORDINANCE FOR SEWER AND WATER TRUNK <br /> CHARGE HOOK-UP RATE ]FOR ~RA~/SEY TOWN CENTER 2~D ADDITION <br /> By: James E. NO~r.m'an~ City Administrator <br />Background: <br /> <br />The ¢,mnsey Town Center (RTC) entered i~to .an .option agreement approximately two years ago <br />with D.R. I-torten, a major housing developer, to construct approximately 60 acres of the <br />residential development, amounting to approximately 900 dwelling units, in the Town Center <br />(map attached). Recently, negotiations h. hve 'been underway to create an amendment to the <br />option agreement that would reduce the role of D.R. Horton to a 12-acre parcel in the Town <br />Center, also known as Ramsey'Tow~ Cehter:2"a Addition. Limiting the role of D.R. Horton <br />would allow for more housing develoPment variety and allow more building projects to happen <br />concm'rcntly rather than on a consecutive!Basis as proposed by D.R. Horton. Staff has been <br />supportive of the negotiations between the RTC and D.R. Horton. <br /> <br />The allocation agreement for the RTC.2na Addition allows the developer to pay for the sewer and <br />water trtmk hook-up charges at the time of the building permits rather than the usual method of <br />paying th~'m at the time of final plat. That being the case, the building permit fees have not been <br />initiated and the sewer and watei' trunk h0~ok-up charges have not been paid. In order for the <br />option agreement between RTC and D.R. iHorton to be completed, D.R. Herren has requested <br />that the 103 residential units in RTC 2na Addition be able to use 2004 sewer and water trunk <br />hoolc-up Fees. <br /> <br />Staf'f believes that allox~ing 2004 sewer and water trunk hook-up fees is a small price to pay for a <br />better- residential development in the TownlCenter and recommended Council authorize the rates <br />to complete the option agreement at.the Council meeting of January 11, 2005. Staff fm'ther <br />recommended that future allocation agreem, eixts do not allow for sewer and water trunk hook-up <br />fccs to be deferred at time of final plat. Sigee:sewer and water hook-up fees are adopted during <br />thc ammal rates, fees and charges ordinance, the'City Attorney advised that the action required <br />amendment to the annual rates, fees andcharges ordinance. The ordinance was introduced at the <br />January I 1th meeting and is now ready for Gouncil adoption consideration. <br /> <br />Council Action: <br /> <br />Motitm to adopt Ordinance #052XX to collect .sewer and water trunk hoOk-up charges at the <br />2004 rate scheduled for the Ramsey Town Center 2na addition and direct staff that ali fitture <br />sewer and water trunk hook-up charges are collected at time of final plat. <br /> <br />Reviewed by: <br />City Administrator <br />City Attorney <br />Finance Officer <br /> <br />CC: 111/25/05 <br /> <br /> <br />