Minutes - Council - 12/14/2021 - Laserfiche WebLink

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10 was going to be moved up to the railroad tracks when most of the properties were acquired but that has changed. Economic Development Manager Sullivan explained RALF is looking to replenish that fund so they can make loans to other cities looking to something similar in regard to highway projects. He noted where it gets tricky is when he says the expenditures are paid with RALF funds; it’s paid with leased revenue on RALF properties, so that is what he’s calling “RALF funds.” He explained it is more a matter of whether RALF leased dollars count toward the loan amount or if at the end, they are sent to RALF as additional income. He didn’t know the answer to that. Councilmember Woestehoff asked what the average cost of snow removal would be for a year. Economic Development Manager Sullivan replied a high estimate would be $500 for a winter per tenant but could vary based on the weather. City Administrator Ulrich replied he reviewed billings from the last several years and would agree with the assessment that it would likely be around $500 for this tenant. Councilmember Woestehoff commented that Ramsey is a City with a budget around $15 million. Youth First is an organization with a budget around $40,000- $80,000 so the City’s impact can be greater by taking on the snow removal and could benefit Youth First even more. Councilmember Musgrove asked if there was a time limit or if more information could be gathered on costs and a decision made in January. City Administrator Ulrich replied he could look up data tonight but echoed Economic Development Manager Sullivan’s comment that it could vary widely based on the weather. Councilmember Specht asked if this would be considered appropriate use of RALF funds. City Administrator Ulrich confirmed this, stating it is considered maintenance and RALF revenues are to be used in support of the properties. Motion carried. Voting Yes: Mayor Kuzma, Councilmembers Howell, Woestehoff, Heineman, Riley, and Specht. Voting No: Councilmember Musgrove. Economic Development Manager Sullivan thanked the Council and stated he would let Youth First know there will be a lease for them to review. 7.02: Adopt Resolution #21-312 Approving Final Plat for Riverstone South Senior Planner McGuire Brigl reviewed the staff report and recommendation to approve the Final Plat for Riverstone South. The subject property is approximately 110 acres, with 79 dedicated to Riverstone South which will accommodate a 244 lot, detached single-family subdivision. The City Council approved the preliminary plat for this project in April 2021 contingent upon the developer finalizing the final plat, a cost share agreement, park dedication, tree preservation, and final approval of plans, subject to current Staff review comments, and approval by the City Engineer. This last step in the phase of platting, Final Plat, approves construction documents and the final plat sheet for recording and legal subdivision. The next step after Final Plat is a development agreement, which outlines fees and responsibilities for each party throughout construction. She stated that Capstone is in the audience to answer any questions. Motion by Councilmember Specht, seconded by Councilmember Musgrove, to adopt Resolution #21-312 approving Final Plat for Riverstone South. Motion carried. Voting Yes: Mayor Kuzma, Councilmembers Specht, Musgrove, Heineman, Howell, Riley, and Woestehoff. Voting No: None. City Council / December 14, 2021 Page 14 of 19