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MINUTES ,g O REGULAR CITY COUNCIL MEETING `~ APRIL 10, 1985 PAGE 2 FALCON HGTS. U.C.C., 1795 United Church of Christ, 1795 Holton, to expand the parking area to a portion HOLTON, REQUES' of Lot 20, all of Lot 21, and portions of lots 14 and 15. Mayor Eggert TO EXPAND moved, seconded by Councilmember Hard, that the matter be referred to the PARKING LOT Planning Commission for review, that a public hearing be scheduled for May 22, REFERRED TO 1985 at 7:15 P.M., and that the Clerk Administrator be authorized to publish PLANNING COMM. the same. Motion carried unanimously. HEARING TO BE HELD 5/22/85 Attorney Gasteazoro presented the latest draft of the development agreement between the City and the 1666 Coffman Retirement Corporation. DEVELOPMENT Mayor Eggert presented concerns listed by Councilmember Ciernia regarding AGREEMENT write down on the land when the land is leased, whether or not the WITH 1666 University must sign off on the agreement, City review of association COFFMAN documents, the need for putting a dollar cap on the various improvements, DISCUSSED and who is responsible after developer is out. The Attorney explained that the matter of the land is addressed in the section relating to the Quit claim Deed, and will check with the developer's attorney regarding the 99 year lease with the University, association documents will be reviewed by City Attorney and successor to the developer will be the condominium association. Engineer Schunicht explained that upon awarding the bid the City sould have a good idea of the costs and there is a five percent contingency which would protect the City in event of change orders. Attorney Gasteazoro felt that the developer could be required to provide a reserve fund for any overage and after the responsibility reverts to the association, require the association to provide the City with a record of escrow. Attorney Van de North explained that he had been contacted by the developer regarding the subdividing and platting of the property. Councilmember Chenoweth asked if there was any method to assure assessed value and mill rate on the project should the County change the manner in which taxes are computed in the future. The development agreement will be redrafted and copies given to Council for review. Engineer Schunicht presented the feasibility report on Lindig Avenue FEASIBILITY Utility Extensions dated April 8, 1985, (a copy of which is on file in STUDY ON the Clerk's Office) explained the report and estimated costs. Ray Brown, LINDIG owner of the lots to which the extension would be provided will determine UTILITY whether or not he is still interested in pursuing the matter. EXTENSIONS Mayor Eggert explained that an informational meeting was held on April 9th regarding the proposed extension of storm sewer to the lots north of the Lindig cul-de-sac and that the majority of the owners of the lots were opposed to the sewer. Council then discussed whether of not to pursue installation of the storm sewer up Tatum and reconstruction of the street. Following a discussion, Mayor Eggert moved, seconded by Councilmember Baldwin, that Resolution 11A be adopted. Motion carried unanimously. RESOLUTION R-85-11A ORDERING ENGINEER TO PREPARE FEASIBILITY STUDY ON TATUM STREET AND UTILITY IMPROVEMENTS Mayor Eggert moved, seconded by Councilmember Baldwin, that the Engineer be authorized to prepare plans and specifications for the 1985 seal- coating (University Grove and all alleys). Motion carried unanimously. OWNERS OF LOTS NORTH OF LINDA CUL-DE-SAC OPPOSED TO STORM SEWER EXTENSION RESOLUTION R-85-11 A PLANS & SPECS. ON 1985 SEALCOATING TO BE PREPAREDi