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City Council Meeting <br /> January 11, 2006 <br /> Page 9 <br /> --------------------------- <br /> Council Member Bolz-Andolshek indicated that he would rather see this <br /> development served with city utilities and indicated he is looking for <br /> options to make this happen. <br /> City Engineer Tim Houle noted that he was requested to put together a <br /> very preliminary cost for streets, sanitary sewer, and watermain to the <br /> Trailside Estates project. He reviewed the total project cost estimates <br /> which totaled $599,704.20. He reminded the Council that this is a very <br /> rough preliminary figure. Mr. Houle spoke to the Council regarding the <br /> options. He indicated that if the developer proceeds on his own, then the <br /> developer and city should enter into a developer's agreement. This would <br /> ensure that the project is competed to City standards. If the City initiates <br /> the project the costs would be assessed back to the property owner. <br /> The Council discussed the exposure to the City if the City assesses the <br /> project. The Council also discussed the issue of this possibly setting a <br /> precedent for other developers. One option discussed was having the <br /> developer pay a portion of the project up front and the City assessing the <br /> balance of the project. The Council requested information on how this <br /> would affect the City's bonding capacity. <br /> `-- No decision was made on this issue. <br /> 4. Adjournment <br /> There being no further business, COUNCIL MEMBER SJOBLAD MOVED <br /> TO ADJOURN THE MEETING. COUNCIL MEMBER PFEIFFER <br /> SECONDED THE MOTION. MOTION CARRIED 7-0. <br /> The regular meeting of the City Council adjourned at 9:55 p.m. <br /> Respectfully submitted, <br /> Sandra A. Peine <br /> City Clerk <br />