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Item No. 9L <br />Meeting Date: May 10, 2004 <br />Type of Business: CB <br />WK: Work Session; PH: Public Hearing; <br />CA: Consent Agenda; CB: Council Business <br />City Administrator Review _______ <br /> City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Greg Lee, Director of Public Works <br /> <br />Item Title/Subject: Resolution No. 6244 Establishing Financing for <br />the Mounds View Manufactured Home Park <br />Second Access Project <br /> <br />Background: <br />At the February 2, 2004 Work Session, Staff presented three funding options for <br />installation of the second access for the Mounds View Manufactured Home Park. <br />These options are listed below. The complete staff report from February is <br />attached. <br /> <br /> <br />Option No. 1 The City to pay the full estimated cost of $46,000 <br />Staff does not recommend this option. There a clearly a <br />benefit for the Mounds View Manufactured Home <br />Community; they should, therefore, participate in the <br />financing. <br /> <br />Option No. 2 City to pay for the work within the City right-of-way and <br />the Park to pay for the work associated with upgrading <br />their driveway <br /> City $28,650 / Park $17,350 <br />Staff recommends this option should the City Council wish to <br />help facilitate a second access. This option best assigns cost <br />fairly to the responsible parties. <br /> <br />Option No. 3 The Park to pay the full estimated cost of $46,000 <br />Staff does not recommend this option. It is Staff’s opinion <br />that if this amount is to be assessed, the City could not <br />demonstrate full benefit. Much of the proposed work would <br />be performed on a City-owned street, for which the City has <br />jurisdiction. <br /> <br /> <br /> <br />