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ARDEN HILLS CITY COUNCIL WORK SESSION—MARCH 17, 2014 6 <br /> along the spine road. The County would be the developer and the responsible party for these <br /> trunk utility expenses and the City would follow the 429 process in order to allow for the cost of <br /> the improvements to be assessed back to the property owner. <br /> Ms. Kvilvang commented that the County will be reviewing their financial options for the <br /> utilities. The City had a risk free proposition, while the County may have to analyze the use of <br /> temporary bonds. The use of temporary bonds would depend greatly on how quickly the County <br /> anticipates the site would develop. <br /> Councilmember Holden asked about SAC and WAC charges. <br /> City Administrator Klaers commented that the SAC and WAC fees received by the City would <br /> be used to assist the City in maintaining the utilities, booster stations, pumps, etc. installed on the <br /> TCAAP property in the future. He further noted that the amount of the SAC and WAC fees needs <br /> to be evaluated. <br /> Councilmember Holden asked about how the assessment would be paid. <br /> i <br /> Ms. Kvilvang stated that the expense for the trunk utilities along the spine road would be assessed <br /> back to the County and the County would pay those assessments in the future. The County could <br /> then sell the land cheaper to the end developer with the developer assuming the assessments; or <br /> the land could be sold for more, with the County paying the assessments. The second way that the <br /> assessments could be paid would be through private developers petitioning the City for sub- <br /> utilities. These developers would pay less for land due to the fact that they would be installing <br /> roads and utilities to support the development. <br /> I <br /> Mayor Grant inquired who would be paying for the spine road. <br /> Ms. Kvilvang reported that the County would be paying for the spine road. The City would use <br /> its bonding authority for sewer and water utilities along the road, which would then be assessed <br /> back to the developer(County). She reported that the City would own the utilities. <br /> Further discussion ensued regarding the installation and payment of utilities on TCAAP. <br /> Councilmember Holmes questioned how the City would be impacted if the thumb was <br /> developed first. <br /> Ms. Kvilvang stated that this would not impact the City because the County was proposing to <br /> have a private developer pay for extending the utilities into the thumb. <br /> Councilmember Holmes asked who would be responsible for installing water, if deemed <br /> necessary. <br /> Public Works Director Maurer reported that this expense could be assessed 100% to the <br /> County. <br /> I <br />