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ds View City Council lar Meeting September 23, 1991 Page Three MOTION/SECOND: Wuori/Quick to adopt Resolution No. 4124 Amending Resolution No. 3098 Establishing a Uniform Schedule of Fees and Charges 5 ayes 0 nays Motion Carried 2. Ric Minetor, Acting City Administrator reviewed Staff Report No. 91- 71C Regarding Development Agreement for 2310 County Road I. Minetor explained that Pat Siwek, representing the owner of the apartment building (the building involved in the recent fire), has requested discussion with the Council on the requirements of the Development Agreement regarding the reconstruction of the building.. Ms. Siwek stated she would be at tonight's meeting but was not present. • Minetor stated that Pat Siwek's concern was the requirement of a Performance Bond and the valuation of the work for the conversion of a handicap accessible unit. The bond is an out-of-pocket expense that the owner will not be able to recover. A deposit would provide similar security, and the owner would then not have an out-of-pocket cost when the work was completed and the security returned. Minetor stated that the valuation of the conversion work was set at $25,000 during the Council's previous discussion of this matter. After additional review of the building and the plans for conversion, the building inspector and Minetor agreed that the valuation of the work was excessive. The owner suggests that the work would cost approximately $4,000 but Minetor stated it would be between $5,000 and $7,500. Minetor stated that a revised value of the deposit is justified. Mayor Linke received plans and bids on the handicapped accessible unit. The bid includes material and labor but no wood or sheetrock and the bid total is $4,700. Mayor Linke would reconsider the $25,000 performance bond but still stated the work will cost in excess of $5,000. Councilmember Quick called a point of order in stating that the Council had previously passed a resolution regarding this item. City Attorney Barney affirmed that the resolution approving the Development Agreement had been redrafted to include a $25,000 performance bond.