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n AGENDA ITIE M <br /> STAFF ORIGINATOR Marty Asleson <br /> i <br /> DATE December 21,, 1993 <br /> TOPIC Rice Lake Estates Cooperative Park Update <br /> Please find enclosed background information on the cooperative park <br /> concept in the Rice Lake Estates Developmen <br /> t. Several letters' o f <br /> correspondence, the final development agreement, maps, and concept <br /> sketch are all enclosed:. <br /> Going through another file that I found at City Hall, I found the <br /> final development agreement. Please notice that page 5, item <br /> number 5 states that the developer shall pay to the City the sum <br /> of $40,000.00 for the use by the city in development of park <br /> improvements on said lots and adjacent park property within Rice <br /> Lake Estates. <br /> In addition, there has been one ,property owner concerned about the <br /> boulevard trees that all but 4 residents received . This is also <br /> spelled out in the agreement under item if. I am currently working <br /> on this. <br /> I will bring overlays to the Park Board meeting for discussion <br /> purposes. <br /> 71, <br /> 1. Continue the pursuit of this park concept. <br /> 2. Develop other options. <br /> This is an information update. There are, no recommendations from <br /> staff at this time. <br />