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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 /> 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 /> Motion by Councilmember Howell, seconded by Councilmember Musgrove, to adopt Resolution <br /> #22-044 Approving Final Plat and Development Agreement for Lynwood Addition. <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 /> Deputy City Administrator/Community Dev. Director Hagen reviewed the staff report and <br /> recommendation to adopt the ordinance related to home occupations. <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 /> 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#22-20, <br /> Amending City Code Chapter 117, Sections 1 and 351 Regarding Home Occupations. <br /> A roll call vote was performed: <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 /> Motion carried. <br /> City Council/February 22, 2022 <br /> Page 17 of 34 <br />