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• <br />• <br />• <br />COUNCIL MINUTES JULY 13,1998 <br />complete and the final phase was initiated recently with the public hearing held at the June 22, <br />1998, Council meeting. Mr. Ahrens referred to a report that included information presented at <br />the public hearing including project summary, description of the regional storm water pond, <br />estimated project schedule, and project costs and financing. <br />Mr. Ahrens stated that staff recommends approval of Resolution No. 98 - 102. <br />Council Member Neal asked if the VFW has agreed to sell their property and when the project <br />will be completed. Mr. Ahrens stated that the VFW has not yet agreed to sell their property. The <br />project will be completed in spring, 1999. <br />Council Member Neal asked how a price for the property is determined. Mr. Ahrens explained <br />that an appraisal on the property has been done. The City has retained a firm to negotiate the <br />purchase of the properties. <br />Council Member Neal asked what will happen if the owners of the VFW sell their property <br />before a deal is completed with the City. Mr. Ahrens stated that the City will obtain an easement <br />from the new property owners. <br />Council Member Lyden asked if the pond shown on the diagram is the ultimate size. Mr. Ahrens <br />indicated that the pond shown on the diagram shows the ultimate pond size. The pond will be <br />built in stages. <br />Council Member Lyden expressed concern regarding a pond 12' deep so close to the road. Mr. <br />Ahrens stated that the County will have comments regarding the pond. The pond will be outside <br />of the right-of-way. At this time, there are no safety issues regarding the pond. <br />Council Member Lyden asked how deep is a typical pond. Mr. Ahrens explained that the pond <br />bottom is a minimum of 6' deep. The size is determined by the amount of run off coming into <br />the pond. There are also a number of other factors that determine pond size. This issue will <br />come back before Council for approval. The pond will be discussed much more in detail at that <br />time. <br />Council Member Bergeson asked if the two (2) homes have been acquired. Mr. Ahrens stated <br />that the City is still in discussion with the two (2) property owners. Eminent domain notices <br />have been sent out. <br />Council Member Neal asked who is purchasing the houses. Mr. Hawkins stated that the City <br />will purchase the land and the houses. The Council will determine what to do with the houses. <br />Council Member Bergeson asked about the time frame regarding the two (2) planned economic <br />development projects. Mr. Wessel stated that the convenience store project has been delayed. <br />The utility hook up for the new bank will be tight regarding the planned opening of the bank. <br />