McCall Development Inc., developer of Annafeld Subdivision, 2nd Filing, desires to construct public improvements in the subdivision that include street lights and park improvements.  They would like to complete these improvements utilizing a special improvement district (SID) which is allowed per their Subdivision Improvements Agreement.  Annafeld Subdivision, 2nd Filing, is located south of Elysian Road near Elysian School.  The park improvements proposed will be constructed in accordance with the park master plan for the subdivision and the street lights will be installed along each street frontage.  McCall Development previously constructed the streets and utilities within Annafeld Subdivision, 2nd Filing, totaling $1,430,591.15 worth of improvements.  These improvements count toward their required improvements in order to meet the requirements of the City's Raw Land District Requirements (Resolution No. 87-15592). The already constructed improvements represent approximately 72% of the total improvement costs when including street, utility, street lights, and parks improvements.  A Resolution of Intent to create the district was approved by City Council on January 27, 2020.  Protests will be announced at the Council meeting.

The Council may:

• Conduct a public hearing and approve the resolution creating SID 1410, Annafeld Subdivision, 2nd Filing, Parks and Streetlights; or
• After holding a public hearing, not approve the resolution creating SID 1410, Annafeld Subdivision, 2nd Filing, Parks and Streetlights.  If not approved, the parks and streetlights will need to be constructed by the developers. The Subdivision Improvements Agreement approved by City Council November 14, 2019, outlines that these improvements can be constructed utilizing an SID.

The total estimated costs of the improvements are $550,000 which will be paid from SID bonds and assessed to the properties within the SID boundaries.

Staff recommends that Council conduct a public hearing and approve the Resolution creating SID 1410, Annafeld Subdivision, 2nd Filing, Parks and Streetlights.