Agenda - Council - 07/10/2007 - Laserfiche WebLink

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sealing "of their street frontage. The issue to be addressed is how these properties should be treated relative to assessments for the 2007 program. The Committee directed that Potassium Street from 172" lane to Potassium street and Potassium Court be eliminated from Project 07 -03 but be placed on the 2008 program following the storm sewer work. Motion to recommend to City Council that 15 properties along the area of 172 Lane and Potassium Street would not be assessed for sealcoating in 2007 due to a delay in the storm water improvement project, and that the properties would be included in the sealcoat assessments for the 2008 Street Maintenance Program following the completion of the storm sewer installation. Action: Ratify the recommendation of the Public Works Committee and notify the affected residents of this action. Case #4 Consider Policy Regarding Lined Pond Maintenance Background: This topic was discussed by the Public Works Committee on May 15, 2007 and it was recommended by the City Council that a policy be prepared and adopted. The purpose of this • case is to translate the direction offered by City Council on this issue into the proposed policy. The Committee and staff reviewed the proposed policy regarding lined pond maintenance. The following was discussed in relation to the policy: ■ Requirement for a surety in the amount of 125% of the estimated cost to be held until the last riparian property is constructed; any problem following this would be considered as a public improvement project following the procedure outlined in City Code which requires a feasibility study Possibility of property owner concern that the City's method for fixing the problem is too expensive. o It was noted that the policy informs the residents that the City will offer the service of correcting the problem but it will be billed to the adjacent property owners; the repair would be done to the adjacent property owners' satisfaction ■ The policy should include a resolution that would be attached to the property deeds to Rag the potential cost at the time of sale o There was discussion of whether the resolution should be retroactive to include properties that currently exist adjacent to lined ponds. It was determined that the resolution should not be retroactive; it should include new properties moving forward. Notification letters of the new policy should be sent to all affected property owners. Knowledge of the policy will require notification from existing property owners at the point of sale due to disclosure requirements 0 -119-