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<br />CITY COUNCIL <br />AGENDA ITEM 6D <br /> <br /> <br />STAFF ORIGINATOR: Diane Hankee, City Engineer <br /> <br />MEETING DATE: October 26, 2020 <br /> <br />TOPIC: Consider Resolution No. 20-120, Adopting Assessments, Stern <br />Addition <br /> <br />VOTE REQUIRED: 3/5 Vote Required <br /> <br /> <br />INTRODUCTION <br /> <br />Staff is requesting City Council consideration to adopt assessments for the Stern Addition <br />Development pursuant the Development Agreement for the project. <br /> <br />BACKGROUND <br /> <br />The City Council approved the Development Agreement for Stern Addition on September 22nd, <br />2020. The Agreement provides for the assessment of trunk water, sanitary sewer, and surface <br />water fees and the new lot assessment. <br /> <br />The total amount to be assessed is $31,543.00. In the above referenced Development Agreement, <br />the developer has waived any and all procedural and substantive objections to the special <br />assessments. <br /> <br />The developer has reviewed and approved the assessments. Attached is the proposed assessment <br />roll. <br /> <br />RECOMMENDATION <br /> <br />Staff is recommending approval of Resolution No. 20-120, Adopting Assessments, Stern <br />Addition. <br /> <br />ATTACHMENTS <br /> <br />1. Resolution No. 20-120 <br />2. Assessment Roll <br />