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7.2.
CC Regular Session
Meeting Date:
07/25/2017
Submitted For:
Patrick Brama
By:
Patrick Brama, Administrative Services

Information

Title:

REVISED:  Resolution #17-07-190 Approving an Assessment Agreement for Public Improvements to Bunker Lake Boulevard and Puma Street

Purpose/Background:

PURPOSE
Consider the attached Assessment Agreement which details how various arterial infrastructure improvements, located along Bunker Lake Boulevard and Puma Street, will be financed. 


BACKGROUND
Please see attached.  The Council and EDA reviewed this case, from a preliminary perspective, in April--at which time, they approved the attached MOU.


GUESTS
Staff anticipates the individuals below to be in attendance at this meeting for this agenda item.  These individuals will be available to answer questions and provide additional background information if needed.

-Steve Bona of Capstone Homes
-Al Pearson of Pearson Farms
-John Dobbs, Pearson Farms Broker
-Jason Aarsvold of Ehlers
-Michael Altimari of Hageman Holdings
-Matt Kuker of PSD. 

Notification:

NA

Observations/Alternatives:

Please see attached overview document.
 

Funding Source:

TBD

Recommendation:

The City Attorney, City Engineer, and Finance Director have reviewed the attached documents.  This agreement is consistent with direction from the City Council and EDA in March and April of 2017 (see attached MOU).  Staff would recommend approving the attached agreement.

NOTE: both property owners have recently made suggested changes to this document.  Attached is a redline version and a clean version. 

 

Action:

Motion to:
Adopt Resolution #17-07-190 Approving the attached Assessment Agreement for Public Improvements to Bunker Lake Boulevard and Puma Street.
 
NOTE: staff updated this case on 07/25/2017 (1:37 p.m.) to include a resolution, rather than just a simple motion.  Staff believes the County may require a resolution for recording purposes, and would like to cover our bases.  This update does not change the content of this case or the approval provided by the Council.

Attachments

Form Review

Inbox Reviewed By Date
Kurt Ulrich Kurt Ulrich 07/17/2017 03:49 PM
Bruce Westby Bruce Westby 07/20/2017 05:51 AM
Diana Lund Diana Lund 07/20/2017 07:47 AM
Form Started By:
Patrick Brama
Started On:
07/16/2017 12:41 PM
Final Approval Date:
07/20/2017