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CITY COUNCIL AGENDA ITEM 6H <br /> STAFF ORIGINATOR: Kelsey Gelhar, Assistant City Engineer <br /> MEETING DATE: October 25, 2021 TOPIC: Consider Resolution No. 21-124, Adopting Assessments, Watermark <br />4th Addition <br /> VOTE REQUIRED: 3/5 Vote Required <br />INTRODUCTION <br /> Staff is requesting City Council consideration to adopt assessments for the Watermark 4th Addition Development pursuant the Development Agreement for the project. BACKGROUND <br /> The City Council approved the Development Agreement for Watermark 4th Addition on June 7th, 2021. The Agreement provides for the assessment of trunk water, sanitary sewer, and surface water fees. <br /> <br />The total amount to be assessed for Watermark 4th Addition is $472,619.92. In the above referenced Development Agreement, the developer has waived any and all procedural and substantive objections to the special assessments. <br />The developer has reviewed and approved the assessments. Attached is the proposed assessment roll. <br />Property ID Numbers have yet to be assigned by Anoka County and will be updated prior to registering the assessment with the county. RECOMMENDATION Staff is recommending approval of Resolution No. 21-124, Adopting Assessments, Watermark 4th Addition. <br />ATTACHMENTS 1. Resolution No. 21-124 2. Assessment Roll