11/27/1995 Council Packet - Laserfiche WebLink

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COUNCIL MEETING OCTOBER 23, 1995 PUBLIC HEARING, 1995 ASSESSMENT ROLLS FOR COUNTRY LAKES ESTATES, PLAT 2, OAKS OF LINO, PHEASANT HILLS PRESERVE 6 ADDITION, PINE RIDGE, 3RD ADDITION, WENZEL FARMS, 5TH ADDITION AND WOODS OF BALDWIN LAKE, 2ND ADDITION Mayor Reinert opened the public hearing at 7:21 P.M. Mr. Powell explained that he and Mr. Heth will address the 1995 assessment rolls. Country Lakes Estates, Plat 2 The first assessment project is Country Lakes Estates, Plat 2 located on the north side of Birch Street and west of Living Waters Lutheran Church. Mr. Powell used the overhead projector to show the location of this project and noted that this is the second and final phase of Country Lakes Estates. The first phase was assessed in 1994. Mr. Powell presented an overview of the project and then outlined the assessments. The total amount to be levied is $385,654.64 which will be spread over 28 lots. There were no questions or comments regarding this assessment from the City Council or the audience. Oaks of Lino The Oaks of Lino subdivision is located offthe west end of the D. Erickson's Subdivision which is south of Birch Street. Mr. Powell used the overhead projector to show the location of the project and explained that the improvements were developer installed. He presented an overview of the project and noted that the assessments consist of Area and Connection Charges, installation of the wear course and Surface Water Management charges. The total assessment of $47,989.08 will be spread over nine (9) lots. There were no questions or comments regarding this assessment from the City Council or the audience. Wenzel Farms, 5th Addition The Wenzel Farms, 5th Addition is the last addition to be completed in Wenzel Farms. This subdivision is south of Elm Street and is west of Lake Drive. Mr. Powell used the overhead projector to show the location of the project and explained that the improvement were developer installed. He presented an overview of the project and noted that the assessments consist of Area and Unit Connection Charges, and Surface Water Management Charges. The total assessment of $142,081.20 will be spread over 41 lots. Council Member Kuether asked Mr. Powell in areas where the roads are private and the developer does the wear course installation, is there an escrow established to ensure that the wear course will be installed. Mr. Powell explained that the City Improvement Policy states that in every development an escrow account is established or a letter of credit is PAGE 4