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City of Centerville <br />Planning and Zoning Minutes <br />December 8, 2020 <br />this property were to go tax forfeit for any reason, is there any liability to the city? He stated that <br />the property owner is very confident that it will not go into tax forfeiture due to the value of the <br />land, which is approximately $7,000,000.00. <br />letter of credit for $200,000, with all other terms being the same as the existing permit. <br /> <br />City Administrator Statz showed a diagram of the property and invited Mr. Rehbein to speak. The <br />Commission decided to wait until the end of the Public Hearing to get comments <br />Discussion was had regarding making the propert <br />quarterly inspections by the city and adding unfinished site corrections into the language of the <br />Interim Use Permit. <br />Motion by Chairman Mosher, seconded by Commissioner Broussard-Vickers, to open a <br />Public Hearing. A roll call vote was taken. All in favor. Motion carried. <br />Mr. Jon Rausch, listing agent on behalf of property owner Mr. Gerald Rehbein, stated that the <br />property was cut in half (north and south), and there was dirt on the eastern portion. He said the <br />property was worth approximately $3.00 per square foot as is, and the work that had been done on <br />the western side of the property hugely enhanced the property. <br /> <br />Mr. Matt Rehbein, business operator, <br />and had moved 12,000 yards to bring the property up to grade. He stated that there was a wetland <br />delineation, and City Administrator Statz confirmed that the delineation had been approved. <br /> <br />Discussion took place regarding what could happen if the Interim Use Permit were not approved, <br />the value of the land, and what needed to be done to make the land ready for sale. Council Member <br />Koski asked what was being done with the fees collected from Mr. Rehbein for the yards of dirt <br />being hauled. City Administrator Statz explained that Mr. Matt Rehbein prepared an invoice and <br />issued a monthly check to the city which went into the general fund as income. <br /> <br />No further comments from the public were offered. <br /> <br />Motion by Chairman Mosher, seconded by Commissioner Broussard-Vickers, to close the <br />Public Hearing. A roll call vote was taken. All in favor. Motion carried. <br />City Administrator Statz stated that the City Attorney had suggested putting a lien on the property. <br />Mr. Statz suggested another alternative, which is to stage the agreement so that a letter of credit <br />would not be required until 2022, and to stop the dirt operation on January 1, 2022 until a letter of <br />credit has been established. He also suggested that the letter of credit could be reduced by the <br />amount of dirt that had been removed. Mr. Matt Rehbein stated that this would be satisfactory. <br />City Administrator Statz summarized the discussion by saying that they would take the sketch <br />oved from the property, and establish a letter of <br />credit for $200,000 by January 1, 2022. Any portion of fill on the graphic that was removed, would <br /> <br />