05/24/2004 Council Minutes - Laserfiche WebLink

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COUNCIL MINUTES MAY 24, 2004 APPROVED 1 • 2 Councilmember Reinert said yes; that it has been passed. 3 4 Councilmember Reinert moved to adopt Resolution No. 04-54, Approving Final Plat, Eagle Brook 5 Addition. Councilmember Stoltz seconded the motion. 6 7 Motion carried unanimously. 8 9 Resolution No. 04-54 can be found in the City Clerk's office. 10 11 ii. Consideration of Resolution No. 04-68 Approving Development Agreement, Jim 12 Studenski 13 14 City Engineer Studenski stated the City Council approved the preliminary plat of Eagle Brook 15 Addition on March 22, 2004, and that site grading and construction on the site shall not begin prior to 16 June 1, 2004, and well drilling shall not begin prior to July 15, 2004. 17 18 City Engineer Studenski the Development Agreement provides for submittal by the developer of a 19 Letter of Credit in the amount of $2,390,000 representing 150 percent of the development 20 improvement costs and a Letter of Credit in the amount of $9,200 representing 35 percent of the City 21 improvement costs to insure completion of the project in accordance with the approved plans. 22 23 City Engineer Studenski stated the Development Agreement provides for a deposit of a cash escrow .24 in the amount of $82,500 to reimburse the City for costs incurred by the City related to the 25 development and improvements of the site and developer improvements. 26 27 City Engineer Studenski stated Staff recommends adopting Resolution 04-68. 28 29 Councilmember Reinert moved to adopt Resolution 04-68, Authorizing Execution of Development 30 Agreement for Eagle Brook Addition. Councilmember Stoltz seconded the motion. 31 32 Motion carried unanimously. 33 34 Resolution No. 04-68 can be found in the City Clerk's office. 35 36 D. Oakwood View (Rice Creek Covenant Church), Jeff Smyser 37 38 City Planner Smyser stated the Rice Creek Covenant Church has submitted an application to further 39 develop its current site at 125 Ash Street, and that the applicant includes several elements. The goal 40 is to create ten single-family detached home lots on the north part of the property as well as a lot for a 41 duplex on the southern part of the property. The duplex is intended for a group residence for people 42 with disabilities. The lot for the group residence would be final platted this year to allow for 43 construction this year. The single-family lots would not be final platted until 2005. 44 45 City Planner Smyser stated the project includes an odd mixture of actions because of the existing land 46 use category and zoning and that there were four approvals that were necessary to accommodate the ilk 47 proposal. INF 48 10