01/12/1994 P&Z Packet - Laserfiche WebLink

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-05 Council Member Kuether introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 92 - 85 POLICY FOR THE LOCATION OF NEW DEVELOPMENT WHEREAS, the City has made a substantial investment in utility and street systems, and WHEREAS, there is a commitment to the Bondholders for the financing of the existing utility and street systems to prioritize revenues from connections to the existing system, and WHEREAS, the City has limited planned sewer capacity as managed by the Metropolitan Waste Control Commission (MT/CC) and the Metropolitan Council, and WHEREAS, the City has limited resources in providing services relative to population growth including administration, engineering, public works, police, fire and parks, and WHEREAS, the City is limited by the City Charter in the financing of City Improvements, and WHEREAS, there are limitations to the availability of Municipal State Aid Funds to construct collector streets, and WHEREAS, the extension of utilities beyond the limits of the present system has a significant financial impact on debt borrowing ratios and is more costly than filling in areas already served from an initial cost standpoint as well as operation and maintenance costs over future years, and WHEREAS, in response to the requirements of the City Charter the financing of improvements involves a delicate balance of development effectiveness in comparison to the costs of extending utilities and constructing new streets, and WHEREAS, comprehensive studies and the annual audit have shown and continue to show that the costs of operating the sewer and water system are difficult to balance with the revenue collected from the rate system even though City sewer and water rates are high relative to other Metropolitan Area Cities, EXHIBIT D - DEVELOPMENT LOCATION POLICY