2022-02-23 WS & CC Packet - Laserfiche WebLink

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City of Centerville Council Meeting Minutes October 13, 2021 Motion by Council Member Koski, seconded by Council Member Mosher to Adopt Ord. #117, Second Series - Amending City Code Chapter 156, 002, Home Occupations as presented. All in favor. Motion carried. c. Ord. #XXX, Second Series —Amending City Code Chapter 156, §111, Fence Administrator Statz again stated that the Planning & Zoning Commission held a public hearing where minimal comments were received regarding the item. He stated that the modifications would allow for fences to be placed at the front edge of the home rather than 10 feet back. He stated that staff provided research regarding neighboring communities' requirements being the same as the proposed language. Discussion ensued regarding the difference between 6 foot and decorative fencing and Administrator Statz stated that the existing language regarding a decorative fence is from the front of the home to the road right-of-way remains the same. Motion by Council Member Koski, seconded by Council Member Mosher to Adopt Ord. #118, Second Series — Amending City Code Chapter 156, W1, Fence as presented. All in favor. Motion carried. 2. Rehbein Commercial — Amended Development Agreement Administrator Statz stated that this was a simple change to the previous agreement allowing for a Letter of Credit in the amount of $50,000 and a Letter of Credit. He stated that he believes this is a great compromise between the City and the developer, believes the City is well protected and that this may be a better practice in the future for commercial developers. Attorney Glaser reassured the Council that the City was protected for a longer timeframe, the same procedures have been requested by the developer for the Sutton development and this added for a smoother process. Attorney Glaser stated that is frees up working capital for the developer, giving them more flexibility. Council Member Koski requested a definition of a bond. Attorney Glaser stated that this type of bond is a surety bond (insurance device/ensures the project will be completed) rather than a bond that the City would sell to an investor in return for money/loan. Administrator Statz stated that further into the development phases that this bond would be converted into a warranty bond covering infrastructure after the warranty period has expired. Council Member Mosher asked what happens upon completion of the project. Attorney Glaser stated that the bonds are for public infrastructure and the LOC remains until the lots are developed. Council Member King asked what items would be covered by the LOC. Administrator Statz stated items that the developer is responsible for and if those same items are not completed in time the city has avenues to make draws on it to complete the items. City Attorney Glaser assured City Council the staff is doing everything they can in order to cover any inflation/rising costs, protecting the City from outstanding liabilities, etc. Page 5 of 9