Laserfiche WebLink
1 _7/21/1998 09:04 4811407 PAGE 03 <br /> case, then the City could agree to accept a compromise amount from us in the sum of <br /> $4,000,00 per lot, and not have it set a precedent for future development. All future develop'Drs <br /> will get accurate information, and will go into the project fully aware of potential amount of he <br /> Park and Roc fees involved, which is not the case with us. They could not rely on our situation <br /> to receive a reduced amount. <br /> We are paying $500,000.00 for the land, if our proposed development is approved. Ne <br /> have an option to back out of the Purchase Agreement, if we do not receive approval for '"our <br /> development from the City. If we are charged 10% for the Park & Rae fees, we cant poss' <br /> proceed with the project, and the land will presumably sit there vacant for the time being. To <br /> charge us $50,000.00 in Park & Rae fees for the development of 5 homes is blatantly unfair. <br /> Five homes cannot possibly place that much of a burden on the City in terms of Parka s nd <br /> Recreation. It seems to us that the charging of 10% Is something that should be reserved for <br /> multi - housing projects where the density Is much greater and the burdens on the City may <br /> warrant such an amount <br /> Please let us know what your recommendation is, and we will then quickly take <br /> appropriate action. <br /> 4 <br /> Sincerely, <br /> Carl D. Buechler <br /> b <br /> i <br /> i <br /> i <br /> j <br /> t <br /> N <br /> t <br /> J <br /> i <br />