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<br />Mr. Rehbein indicated that he was concerned that the costs to bring water to the <br />development do not exceed what he can recoup when he sells the lots. <br /> <br />Council Member Capra asked where the Lino Lakes watermain ended. Mr. Palzer <br />indicated that Lino Lakes does not have water in that area. He then indicated that the <br />City has $50,000 to use toward looping Lakeland Circle when water is extended to Peltier <br />Lake Drive. <br /> <br />Ms. Moore-Sykes commented that one befit of City water is that it is safe and secure <br />which is an added value over well water. <br /> <br />Mr. Palzer indicated that having hydrants in the area would assist firefighters putting out <br />fires more quickly than with a tanker truck. <br /> <br />Council Member Broussard Vickers indicated she would like to hear from Anoka County <br />before proceeding. <br /> <br />Mr. Rehbein suggested shortening the extension rather than bringing it all the way to his <br />property. He then stated that he is not opposed to bringing water to the development but <br />he wants to make sure the costs are reasonable. <br /> <br />Council Member Broussard Vickers commented that Mr. Rehbein is asserting that there <br />would not be enough value to be able to assess the 50% costs to the developer in this <br />case. <br /> <br />City Attorney Hoeft indicated that the 50% figure was based upon mutual agreement of <br />the developer and the City and is therefore, not a requirement. He then suggested starting <br />at 50% for discussion purposes and going from there. <br /> <br />Mayor Swedberg indicated that Mr. Rehbein needed to negotiate with his neighbors <br />along the street concerning the assessments. Mr. Rehbein indicated he was not <br />comfortable trying to negotiate assessments with the individual property owners and said <br />he is open to whatever makes sense as determined by the City. <br /> <br />Mr. Rehbein indicated that he intends to start the development in the spring but has a <br />purchase agreement with the land owner that was to be signed soon and he is not sure of <br />his development costs at this point. <br /> <br />Council Member Broussard Vickers indicated that Council needed to see some different <br />options for assessments, hear input from the County and hold the public hearing before <br />the assessments would be set. <br /> <br />5. 1798 Main Street - Mill Road Extension Vacation <br /> <br />Mayor Swedberg asked ifboth property owners were agreeable to the 50/50 split. <br /> <br />Page 7 of 10 <br />