1995.12.27 CC Minutes - Special Council meeting

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E ry C@Wflti 1 m@@ting of December 27, 1995 Page 2 8. The homeowners reiterated their desire to see the drainage ditches within their subdivision removed as a part of this project. 9. There was some discussion as to whether 126th Street would meet the definition of a collector street, and thus be eligible for additional City assistance. 10. The homeowners stated that they had a developer look at the 10 acres currently used as the homeowners' park. Based on the assumption that eight lots could be obtained on the parcel, with the value of $45,000 each, the value of the land to the OSHA was $288,000. Mr. Anderson told the Council that the homeowners wish to see their final cost for the project under $20,000 per lot, to include connecting the services to the homes, payment of all necessary REC, WAC, and SAC charges, and the City's purchase of the park. He also stated that the homeowners desire that the assessments be made for as long as a time period as possible, preferably 2i► years. Discussion was also held regarding the impact of the project on property values and taxes, and what annual assessment cost would be expected from the project. The City Administrator was directed to request that the City Assessor be available for the meeting of January 4th to discuss property tax issues, and have an estimated schedule of payments for the project developed. The performance review for the City Administrator had also been scheduled for this meeting_. As the consolidated comments of the Council were not yet ready, this was delayed to another time. LerOUX made motion. Goiffon seconded. to recess the meeting_ at 10:3() PM until 9:30 AM on December 28. 1995. All aye. Motion Carried. Robert A. Museus Citi Administrator