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<br />City of Centa'ville <br />Council MeetiDg Minutes <br />March 8. 2006 <br />3. If~ Crossing 3M AdditiQn - Devetoj)<<'s Aar~ Final PW & Res. ~ <br />022 - Declaring Adeq~ of Petition Receiving ~rt on ItrlPtovement. <br />~provinl ~Ians and Specifi~ti9l\$ and Orderina Advertisement for Bids on <br />Improvement <br /> <br />Mr. Larson explained that the City had received all associated fees and documents <br />(except a letter of credit) from the Developer prior to submission. Acting Mayor Lee <br />questioned whether Mr. Hoeft had an opportunity to review the developer's agreement. <br />Mr. Hoeft stated that he had reviewed the document and felt it was in order. <br /> <br />Motion bv CouncD Member Pur. secgnded bv Co.ncD Member Laks9. to aoprove <br />tile oraented Deve"per'. ~ment 404 na.., flit., ,,'mittJd. AQ iP fJVor, <br />Motion carried unanimouslY. <br /> <br />Mr. Larson explained that Res. #06-022 allowed the process of construction and special <br />assessments to continue. <br /> <br />M.~ ~J (:ounciJ,~flDber '"r. seeondW):V t=ouJldl ".~t LI~ tq IDDq~ <br />Res. #06-022 - necl,prin, Adequacv of Petition tuceivin2 Reool'( on Imorovement. <br />.t\p~vin, ~'.' .d Soec~tio. an" Qt4~ Adve~eft~t [,r lids 0. <br />Imorovement as ORiented. AD in favor. Moti~ carried unanimouslY. <br /> <br />Mr. Richard Carlson addressed Council and stated that all of the 3M addition bad been <br />graded except for five (5) lots due to running out of fill and weight restrictions being <br />placed on the street on Wednesday. Mr. Carlson felt that approximately 10~OOO years of <br />fill would be needed to complete the five (5) lots. Mr. Carlson stated that he would <br />forward the letter of credit to the City as soon as possible. <br /> <br />4. National Sports Center Super Rink Expansion Guarantee Agreement <br /> <br />Acting Mayor Lee stated that he bad only been presented with the agreement <br />approximate at the beginning of the meeting. Council Member Lakso questioned the <br />differences between the agreement that was distributed at the beginning of the meeting <br />and what Council received in their packets. Mr. Larson explained that the language in <br />Section 2~ 2.2 has been added pertaining to the guarantee of rental income not being <br />required subsequent to the initial bond being paid in full. Council Member T erway <br />questioned whether Mr. Hoeft had an opportunity to review the agreement. Mr. Hoeft <br />stated that there were conflicting timeftames within the document; however~ they were <br />errors on the drafter~s part and not the City's. <br /> <br />Motion by Council Member Terw.v. seconded by Actin2 Mayor Lee to aDgrove th~ <br />~t a. p~teel qd..eeI ....re tile" ,t tIJ.. "-,,p_ ,( tilt lI!eetin2. All <br />in favor. Motion carried uRanimous"'. <br /> <br />s. Pro.posfl tQ~ Lepl Services <br /> <br />Page 6 ofS <br /> <br />~ <br />