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CITY OF CENTERVILLE <br />REQUEST FOR <br />COUNCIL ACTION <br />Agenda Item # Department: Requested Council Meeting Date: <br />April 8, 2020 <br />Planning and Zoning <br />IX.2 <br />TITLE OF ISSUE: <br />Old Mill Estates Second Addition - Developer's Agreement <br />BACKGROUND AND SUPPLEMENTAL INFORMATION: <br />Attached please find the draft Developer's Agreement for Old Mill Estates Second Addition. At the last City <br />Council meeting, the Final Plat was approved for the development. We are now asking the City Council to <br />approve the associated Developer's agreement, which lays out fees, securities and other terms of our agreement <br />with Elmcrest Vistas, LLC. This agreement is a supplement to the Master Developer's Agreement, as approved <br />for the first addition of Old Mill Estates. <br />COST AND SOURCE(S) OF FUNDING: <br />Income: Park Dedication - $63k; Storm Water Access Charge - $32k; SAC/WAC paid w/building permits <br />REQUESTED COUNCIL ACTION: <br />Motion to approve the Developer's Agreement for Old Mill Estates Second Addition. <br />SUPPORTED DOCUMENTS ATTACHED <br />Motion By: ____________________________________ <br /> Resolution Ordinance Contract Minutes Plan Map <br />Second By: ____________________________________ <br />Vote Record: Aye Nay <br /> _____ <br />_____ <br />Developer's Ageement <br />Other (specify) ____________ <br /> _____ _____ Love <br /> _____ _____ Paar <br />_______________________________________________________________ <br /> _____ _____ Koski <br /> _____ _____ Montain _______________________________________________________________ <br />Administration Department Use: <br />Refer to: _________________________________ <br />Consent <br /> Tabled Until: ______________________________ <br /> Regular <br /> Other: ___________________________________ <br /> <br />