02/12/1997 P&Z Minutes - Laserfiche WebLink

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Planning & Zoning Board February 12, 1997 Page 5 Mr. Ahrens stated that City policy states that abutting property owners are IIPassessed, but the decision on assessments is made by the City Council. Chair Schaps asked if there is an estimate of what assessments might be. Mr. Ahrens stated that the current assessment rate is $45 per front foot. Sewer and water would be included. Mr. Dunn noted that construction traffic during the process of development can deteriorate the road condition by up to 50 percent. He asked how that is factored into the project cost and if there is a way to recover those costs from the developer. Mr. Ahrens stated that the road would be designed to handle construction traffic and take all factors into consideration. One way is to design the new road as a 9 -ton road rather than a 7 -ton road. Mr. Herr asked how long the new road would be expected to last. Mr. Ahrens stated that with minimum maintenance and built to current standards, the road should last 20 to 25 years, If sealcoating were done every 7 years, the road would last 50 years. illChair Schaps asked if there are any plans for further extensions. • Mr. Ahrens stated that he does not know the status of further extensions at this time. Mr. Rick Carlson thanked the Commission for their consideration and staff for helping to resolve neighborhood issues. He introduced Mr. Ted Matke from Matke Engineering. He stated that the 48 units are anticipated to sell in the range of $160,000 to $250,000. He would like to begin as soon as possible, by early summer of 1997 and finish by the fall of 1997. He has agreed to only take out 15 permits in 1997. He distributed copies of the purchase agreement and property covenants. He noted that the escrow agreement stipulates a $3,500 escrow per building site to insure the City that all requirements will be completed. The site will not be released for building until the grading plan is completed according to the development plan. Mr. Carlson stated that he mailed 70 letters to residents within 650 feet of Millers South Glen. He received one call from Mr. Nick Magnuson, who lives on the corner of 62nd Street and Ware Road who is concerned about his septic system failing and would be interested in hooking up to City utilities. At the neighborhood meeting the issue of real estate taxes was raised and whether these homes would be paying their fair share of taxes. Based on estimated average market value, these homes will pay approximately 125 percent more in school taxes.