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`e y (o/ Yee& anae%s <br />515 Little Canada Road, Little Canada, MN 55117 -1600 <br />(651) 766 -4029 / FAX: (651) 766 -4048 <br />unvw.el.1ittle- canada. inn. us <br />MEMORANDUM <br />TO: Mayor Fahey and Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: February 27, 2004 <br />RE: Revised Hamel ',Estates Development Agreement <br />MAYOR <br />Michael 1. Fahey <br />COUNCIL <br />Jim LaValle <br />Man Anderson <br />Rick Montour <br />Lilt Blcsener <br />ADMINISTRATOR <br />Joel R. Hanson <br />Attached is a revised Development Agreement with Rob Carlson Builders, Inc. for the Hamel Estates <br />project. The primary change to this agreement focuses on the amount of special assessments related <br />to the Twin Lake Area improvement project that the developer will be responsible for. This amount <br />has increased slightly from the version we approved earlier. We have also added a provision to <br />address the additional cost that could be assessed associated with providing Little Canada water to <br />this area. (Please note that the base amount to be paid for by this property involved three street units <br />and four water units pursuant to our assessment policy. These have been divided by the seven lots in <br />the subdivision. The same methodology was applied for the additional Little Canada watermain <br />cost.) <br />I recommend approval as presented subject to any comments by the City Attorney. <br />