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LAKE ELMO CITY COUNCIL MINUTES MARCH 1, 1988 PAGE 7 <br />Easement, County Finance and City Finance which are stated in his <br />letter dated March 1, 1988. In order to prepare an accurate <br />assessment tool, Bohrer needed the City Council's concurrence on the <br />appointment of the above costs. Bohrer noted that the Oakland School <br />system took about 10 times the cost and the effort to design as the <br />residents, so he recommended we consider Oakland School 10 units for <br />the purpose of this cost. <br />A preliminary assessment roll was prepared for the Council's review. <br />The assessments were comprised of all non -grant funded construction, <br />engineering, land acquisition, and administrative costs. One cost <br />that must be included which was not anticipated is the County finance <br />costs. <br />City Engineer Bohrer explained that when the staff met with John <br />Devine, County Comptroller, to decide whether the City should bond on <br />its own or combine with the County for the interim construction <br />financing. Mr. Devine stated that he thought there would be no County <br />finance charge because interest earned on the bond proceeds would <br />equal the interest paid on the bonds. The City proceeded on that <br />basis and prepared estimated assessment to individuals in the 201 <br />Program. Now that the City is ready to assess the costs, we were <br />informed by the County that there is a finance cost. The City Auditor <br />was asked to check this cost and his report, dated February 22, 1988 <br />was provided. <br />Bohrer felt this finance charge was unfortunate because it was never <br />anticipated, but the amount is fair and probably less than if Lake <br />Elmo had to finance the project itself. Bohrer also called the <br />attention to the City that when a building permit comes in where the <br />use has changed, the City has to evaluate the septic system. <br />The City Council felt the method of assessing was fair, but was <br />astounded by the County Finance Charge. Therefore, the City was in <br />favor of the County having the public hearing to explain that the City <br />has no control over the finance charge. The final assessment roll <br />will be available for the City Council's review at their next meeting. <br />E. Request from Planning Commission for City Engineer to <br />review Downs Lake Estates. <br />The Planning Commission held a public hearing on February 22nd to <br />consider a 2-lot subdivision known as Downs Lake Estates. The <br />Commission expressed concerns with Downs Lake 2nd Addition --which lies <br />.entirely within the boundaries of West Lakeland. Their concern was <br />with the water going into Downs Lake from this development and asked <br />;that the Council direct the City Engineer to look at the West Lakeland <br />plat and report back any concerns he has with the ponding, or any <br />potential water problems this subdivision might put upon Lake Elmo. <br />Planning Commission Chairman DeLapp stated that West Lakeland does not <br />!honor the 1% Rule. City Engineer Bohrer responded that West Lakeland <br />does follow the current VBWD guidelines. TKDA is also the engineering <br />firm used by West Lakeland. Bohrer explained he was aware of the VBWD <br />looking at a study for a simple grading plan that could be done along <br />