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• <br />• <br />AGENDA ITEM 6J(ii) <br />STAFF ORIGINATOR: James E. Studenski, City Engineer <br />COUNCIL MEETING DATE: October 25, 2004 <br />TOPIC: Resolution No. 04 -156, Adopting Assessments, Ravens Hollow <br />Development Project. <br />VOTE REQUIRED: 3/5 Vote Required <br />BACKGROUND: <br />The Ravens Hollow Development Project is currently under construction and is <br />nearing completion. In the development agreement dated October 27, 2003, <br />the property owner waives any and all procedural and substantive objections to <br />the installation of City improvements and the special assessments. The Hailey <br />Manor Development Project is substantially complete and therefore, City Staff is <br />prepared to adopt the assessments. <br />The developer has reviewed and approved the assessments. <br />OPTIONS: <br />1. Adopt Resolution No. 04 -156, Adopting Assessments for the Ravens Hollow <br />Development Project. <br />2. Not Adopt Resolution No. 04 -156. <br />3. Return to staff for further review. <br />RECOMMENDATION: <br />Staff recommends Option No. 1. <br />