Ordinance - #93-01 - 01/26/1993 - Laserfiche WebLink

Home

e The individual parcels resulting from such a plat shall be no more than five in number, including any parcel retained by the owner or subdivider as his homestead. The requirements of this section relating to the platting of land shall be applicable to any such division of lands and properties. Lands and properties abutting land and property being so divided shall themselves have previously been platted and divided, it being the intent of the Council not to waive the requirements of this section with respect to land. e The estimated market value of each parcel as determined by the City Assessor following such division of land and property must exceed the amount of special assessments previously levied and allocated to each parcel, including the amount of assessments estimated to be levied again in accordance with this section by reason of such division of land and property. Subd. 5. City participation, non-residential developments. Certain Improvements. The owner or subdivider, engaged in the development of lands and properties which are zoned for Non- Residential Districts, may request City participation in the payment of the costs of the installation of sanitary sewer, water system, storm sewer, streets and curb and gutter, park, trail and street light improvements required by this Section and, in such event, such owner or subdivider shall comply with the requirements of this Section. City participation shall be as determined by the City Council pursuant to a performance contract. The Council shall, on a case by case basis, determine infrastructure impact on areas outside the subdivision. City required oversizing of infrastructure beyond the appropriate standard residential or commercial equivalent shall be eligible for funding by the City. Source of City funding shall not be a determinate of financial participation. Assessments. The procedure for the installation and assessment of the cost of improvements under this Section shall be the same as that provided for improvements in areas zoned for Residential classifications pursuant to §9.50.50 Subd. 4 except that: Special assessments for the cost of sanitary sewer, storm water and water system improvements shall be for a period of ten years; and The bond or letter of credit guaranteeing payment of the special assessments for sanitary sewer, storm water and water system improvements shall obligate the owner or subdivider for the length of the assessment. :Subd. 6. Subdivider may perform work, election. The owner or subdivider~ma~t elect to construct the improvements required by this Section at his own expense arf/t without City participation in the expense thereof. In such event, the owner or subdivider}may retain an engineer and contractor to plan, design and install such services, subject totreView and inspection by the City Engineer. The estimated cost of the improvem~ntsi including the administrative charges of the City for supervision and