1999.11.15 CC Minutes - Laserfiche WebLink

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City Council meeting of November 15, 1999 Page 2 BEAVER PONDS 3RD ADDITION (REDUCTION OF LETTER OF CREDIT) The Council considered a recommendation from the City Engineer to reduce the letter of credit requirement for Beaver Ponds 3rd Addition to $42, 975 in recognition of work performed to -date on this project. Adoption of the Consent Agenda approved the letter of credit reduction, as recommended. PINEVIEW MEADOWS (REDUCTION OF LETTER OF CREDIT) The Council considered a recommendation from the City Engineer to reduce the letter of credit requirement for Pineview Meadows to $76,600 in recognition of work performed to -date. Adoption of the Consent Agenda approved the letter of credit reduction, as recommended. FRANCINE'S MEADOWS (SUBSTANT AL COMPLETION/REDUCTION IN LOC) The Council considered a letter from the City Engineer recommending that the City accept public improvements within Francine's Meadows, as well as reduction in their letter of credit to $30,360. Mayor Stotlzman expressed concern of potential drainage problems to the west of the road, in the location of the Monno homestead. Tom Angus stated he will follow-up to make sure drainage is working properly. Stoltzman made motion, Petryk seconded, to accept the recommendation of the City Engineer and accept the public improvements within Francine's Meadows as being substantially complete, and reduce their letter of credit to $30,360 in recognition of work performed to -date. All aye. Motion Carried. AMENDED ASSESSMENT ORDER (129TH STREET EWPROVEMENTS) The City Council had previously adopted a resolution making assessments for public improvements along 129th Street at the north end of Bald Eagle Lake. The resolution called for interest to accrue on the assessments beginning February 1, 1999. This project has been delayed as the City acquires easements from adjacent property owners. The Council considered a resolution, prepared by the City's Finance Director, amending the City's assessment resolution of February 1, 1999, to have interest accrue on the assessments from the date the City Council accepts the public improvements as being complete, and delaying placing the assessments on property taxes until after the project is complete. Stoltzman made motion, Petryk seconded, to adopt RESOLUTION 1999-18, A RESOLUTION 1999- 18, A RESOLUTION MODIFYING THE ASSESSMENT COLLECTION STRUCTURE FOR THE 129TH STREET P.I. PROJECT. VOTING AYE: Barnes, Haas, Leroux, Petryk, Stoltzman Motion Carried. PARK COK IITTEE STRATEGIC PLAN On September 15, 1999, the City's Park, Recreation, and Open Space Advisor Commission presented to