Agenda Packets - 2011/07/11 - Laserfiche WebLink

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Mounds View City Council May 23, 2011 Regular Meeting Page 8 K. Resolution 7794, Approving a Variance Extension for Longview Estates (Eichi, Inc.). City Administrator Ericson stated on August 9, 2010 the Council approved a variance for a reduced lot width within the Longview Estates development. The site had not been developed to date and the Resolution would expire shortly, as it had a one year deadline. Eichi, Inc. has requested an extension from the City for the variance. Staff supports the extension given the fact the economy has slowed along with the housing market. Council Member Stigney questioned why the plat has not been completed. Paul Harstad, developer, stated the economy and housing market have been tremendously slow at this time. His company was “pinching all pennies” where possible and for that reason the plat has not been completed. Council Member Mueller asked if the Council were to take action and approve the extension, would it hinder Eichi in any way. Mr. Harstad explained the extension would allow his company to delay paying platting fees until the site is ready to be developed. MOTION/SECOND: Mueller/Gunn. To Waive the Reading and Adopt Resolution 7794, Approving a Variance Extension for Longview Estates (Eichi, Inc.). Mayor Flaherty clarified that the variance extension would ensure that there was still no construction along Silver Lake Road. Mr. Harstad stated this was the case. Ayes – 5 Nays – 0 Motion carried. Discussion ensured regarding the dirt pile near this development. L. Public Hearing, Resolution 7795, Adopting a Five Year Financial Plan for 2012 through 2016. Finance Director Beer stated the City’s Charter requires that the Council annually prepare a five year financial plan and hold a public hearing before approval. Future projections were discussed within the general operating fund along with the timeline for the street improvement program. He further reviewed the five year financial plan in detail and recommended the Council approve the plan as presented. Council Member Stigney questioned if the City would see a market value homestead credit in the future. Finance Director Beer did not anticipate this credit to continue given discussions at the last legislative session. Mayor Flaherty noted the street and utility program acceleration for Areas G, H and I would allow the program to be completed two years earlier than projected. Finance Director Beer stated this was the projection and would need to be approved by Council before finalized.