02/13/1995 Council Packet - Laserfiche WebLink

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COUNCIL MEETING JANUARY 23, 1995 Second Addition and Country Lakes Estates will accommodate the new housing starts. Mr. Kluegel presented a bar -graph handout to the City Council depicting the single family house construction for the past 23 years. He noted that the handout was for informational purposes only. The bar -graph indicates the effect high interest rates have on the number of new housing starts. Council Member Bergeson asked if public buildings such as schools, prison buildings pay standard building permit fees. Mr. Kluegel indicated that they do. Council Member Kuether felt that the average construction cost for a single family home seemed to be rather low. Mr. Kluegel noted that the cost is for the construction of the home only. The cost did not include the price of the lot and was not intended to represent the sale price of the home. Mayor Reinert thanked Mr. Kluegel for his report. CITY ENGINEER'S REPORT, JOHN POWELL Consideration of Resolution No. 95 - 03 Declaring Adequacy of Petition and Ordering Preparation of a Feasibility Report for Woods of Baldwin Lake, Second Addition - The preliminary plat for this subdivision was approved, with conditions, by the City Council on October 24, 1994. The property owners have submitted a petition for utility and street improvement to serve the proposed subdivision. The petition has been reviewed by the City Clerk and the property owners have been verified. The next step in the process is to prepare a Feasibility Report for these improvements. Council Member Elliott moved to adopt Resolution No. 95 - 03. Council Member Kuether seconded the motion. Motion carried unanimously. Resolution No. 95 - 03 can be found at the end of these minutes. Consideration of Resolution No. 95 - 04 Calling a Hearing on Woods of Baldwin Lake, Second Addition - Mr. Powell explained that the Feasibility Report has been prepared and is available to the City Council this evening. With the receipt of this report the City Council can now order the public hearing. Mr. Powell noted the reason that the Feasibility Report could be prepared on such a short notice is that the developer had previously posted adequate financial guarantees to pay for the PAGE 13