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<br />Councilmember Riley asked what protects the City in the event there is another recession to ensure <br />the infrastructure of the second phase gets completed. <br /> <br />Deputy City Administrator/Community Dev. Hagen replied the City enters into developer’s <br />agreements as phases occur. The developer isn’t asked to put up financial security for their entire <br />project. Financial approval is required for what they have final approval for. Letters of credit and <br />escrow will be collected so if the developer turns and walks there is an ability to hold the funds <br />and finish the project. If a recession hits and the second phase isn’t applied for the City is left with <br />a site that is partially graded. The City has some security to ensure the site is stabilized with turf <br />grass being re-established so there aren’t erosion concerns. He stated now the focus is on what is <br />being proposed for final plat and ensuring the requirements can be constructed if something <br />happens. <br /> <br />Motion by Councilmember Howell, seconded by Councilmember Musgrove, to adopt Resolution <br />#22-044 Approving Final Plat and Development Agreement for Lynwood Addition. <br /> <br />Motion carried. Voting Yes: Mayor Kuzma, Councilmembers Howell, Musgrove, Heineman, <br />Riley, Specht, and Woestehoff. Voting No: None. <br />7.04: Adopt Ordinance #22-06 Amending City Code Chapter 117, Sections 1 and 351 <br />Regarding Home Occupations <br /> <br />Deputy City Administrator/Community Dev. Director Hagen reviewed the staff report and <br />recommendation to adopt the ordinance related to home occupations. <br /> <br />Councilmember Musgrove stated she is pleased with the Staff revisions based on Council <br />comments and feedback and felt the code was easier for residents and for code enforcement. She <br />thanked the Staff. <br /> <br />Motion by Councilmember Musgrove, seconded by Councilmember Howell, to waive the Charter <br />requirement to read the ordinance aloud and adopt Ordinance #22-06, formally Ordinance #21-20, <br />Amending City Code Chapter 117, Sections 1 and 351 Regarding Home Occupations. <br /> <br />A roll call vote was performed: <br /> <br />Councilmember Heineman aye <br />Councilmember Woestehoff aye <br />Councilmember Specht aye <br />Councilmember Musgrove aye <br />Councilmember Howell aye <br />Councilmember Riley aye <br />Mayor Kuzma aye <br /> <br />Motion carried. <br />City Council / February 22, 2022 <br />Page 17 of 34 <br /> <br />