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City Council – Staff Report <br />Page 2 <br /> <br />FISCAL IMPACT: <br /> <br />The future financial impacts include maintenance of sanitary sewer mains, watermains and other <br />public infrastructure, maintenance of storm water ponding areas (after warranty period), and other <br />public financial responsibilities typically associated with a new development. The City will collect <br />any necessary building permit fees, Sewer Accessibility Charges and Water Accessibility Charges <br />and property taxes at the time of building permit application. <br />OPTIONS: <br /> <br />The City Council is being asked to consider the approval of the developer’s agreement and has the <br />following options: <br />1) Approve the developer agreement for North Star 2nd Addition; or <br />2) Direct Staff to amend the draft developer agreement to bring back to a future City Council <br />meeting. <br /> <br />RECOMMENDATION: <br /> <br />Staff recommends the City Council approve the development agreement as part of the consent <br />agenda. If removed from the consent agenda, staff recommends the following motion: <br />“Move to adopt Resolution 2025-033 approving the developer’s agreement for North Star 2nd <br />Addition” <br />ATTACHMENTS: <br />• Resolution 2025-033 <br />• North Star 2nd Addition Development Agreement