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• <br /> Wds View City Council September 9 , 1991 <br /> ar Meeting Page g Seven <br /> to be constructed, therefore he stated that $5,000 would not <br /> be enough to complete all the necessary work. He stated a <br /> performance bond in the amount of $25, 000 would be a better <br /> option. <br /> City Attorney Karney asked the Mayor if he should change <br /> the development agreement to a $25,000 performance bond rather <br /> than the $5,000 cash deposit. <br /> Samantha Orduno, City Administrator, stated that the owner <br /> wants to get moving on this project because the people who <br /> had to move out due to the fire want to move back in to their <br /> homes . <br /> City Attorney again stated that in checking with Rick Jarson, <br /> Jarson felt that $5,000 would be sufficient. Karney felt that <br /> by having the cash in hand if the owner did not fulfill the <br /> City's expectations of building a handicapped unit, the City <br /> would have the cash to entertain a lawsuit against the homeowner. <br /> Karney stated, in his opinion, it would be better to have the <br /> cash in hand rather than place it on the City's tax roles . <br /> • Councilmember Quick stated that perhaps the City should ask <br /> for both the $25, 000 performance bond and the $5,000 cash <br /> deposit. <br /> Orduno inquired if the Council would like the wording in the <br /> development agreement to be $25,000 rather than the $5 ,000 <br /> cash deposit. <br /> Councilmember Wuori inquired if the handicapped unit is <br /> being placed into an existing empty apartment or is the <br /> owner keeping someone out in order to build this unit? <br /> Orduno stated thae handicapped accessible apartment is currently <br /> rent-ed--but--the person would be moved into the <br /> reconstructed building and then constructinn_would_ begin - — <br /> on the handicapped accessible apartment. <br /> MOTION/SECOND: Linke/Rickaby to approve the development <br /> agreement changing the deposit from $5, 000 cash to a <br /> $25, 000 performance bond. <br /> 5 ayes 0 nays Motion Carried <br /> Samantha Orduno, City Administrator, listed the following <br /> meetings for the next two weeks: <br /> 1. Wednesday, September 11, 1991, Ramsey County Local <br /> government Cooperative Study Commission, 7:00 p.m. , <br /> Room 5, State Office Building <br />