2002-11-27 CC Packet - Laserfiche WebLink

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City of Centervi11e November 13, 2002 Council Meeting Minutes Cauncil Member Braussard Vickers asked if it wauld be best ta cantinue the public hearing if any dallar amaunts are changed. City Attamey Haeft indicated that if anyane's numbers were increased the City wauld need ta cantinue the hearing and provide natice ta thase parties. Mayar Swedberg cammented that Mr. DeFae cauld alsa put higher density hausing an his partian .of the property such as twinbames due ta the way it is zaned naw. Council Member Broussard Vickers indicated the Mayor had argued against twinbomes for the last development and she does not want to encaurage an assessment that would push a property owner ta propose higher density ta recaup the casts .of the assessment. Mr. Peterson indicated the developer paid 50% to extend sewer and water for Hunter's Crossing. Cauncil Member Capra indicated there was nat any commercial property in the path .of that develapment but there is in this case. Mr. Petersan indicated that Mr. Rehbein would be paying 39.5% .of the casts ta get the way ta the praperty and then he wauld be respansible ta pay for the 300 feet .of additianallength ta run it inta the develapment. He then commented that the minutes reflect that Mr. Rehbein was .okay with a figure of $4,800 per lat far a tatal .of $48,000 and said the water was driven by the develapment. Mayar Swedberg cammented that the document anticipates an interest rate of 8% and he feels that amount is usuriaus as it is not supparted by what the prevailing market rates are. Ms. Maare-Sykes indicated the City has used 8% far all assessments regardless of whether the interest rates are higher .or lawer. She then said that it wauld pose a prablem ifthe City were ta lower the interest far this develapment and did nat da sa far the others. Cauncil Member Braussard Vickers suggested changing 7281 to $20,000 and leave the ather piece at 6 units. The additianal $12,000 wauld be added anta the cammercial praperty and wauld bring the Shares amaunt ta appraximately $65,000. Mr. Rehbein asked Cauncil ta cansider the difference between having the water main in frant .of DeFae's property and the water main run ta the carner .of his praperty. He then said it wauld have saved him money ta have the water main rurming alang the frant of his praperty. Cauncil Member Broussard Vickers cammented that the value .of the lats in that development is far different and it distresses her ta see Mr. Rehbein fighting the assessment as she feels Cauncil was straightforward all alang when discussing the assessment. She further cammented that it seemed ta her that Council had reached a cansensus with Mr. Rehbein .only ta have him shaw up at this late date and contest the amaunts. Cauncil Member Broussard Vickers said she feels Cauncil shauld do samething a little different an the commercial property but it disturbs her at this paint because she felt the Page 14 af29