R2004-92 SCHEDULING PUBLIC HEARING FOR PROPOSED ANNEXATION AGREEMENT

Home Browse Search

ECONOMIC AND URBAN DEVELOPMENT MEMORANDUM No. 04-86 June 17, 2004 TO: Mayor Paul Osborne and City Council Members FROM: Steve Garm Manager Dane C. Bra irector of Economic and Urban Developmen�� SUBJECT: Receive&File Annexation Agreement—The Reserve Subdivision SUMMARY RECOMMENDATION: Staff recommends that the attached annexation agreement be received and placed on file and scheduled for publicarion. The agreement is scheduled for final action at the July 19, 2004 City Council meeting. This document is being placed on file a second time due to minor agreement amendments related to engineering issues for sanitary sewer service. The attached resolution dces not obligate the City Council to approve the agreement. The developer's representative and City staff will be available to discuss the agreement at the July l9 meeting. BACKGROUND: TLR Land, LLC has requested City participation to extend water and sanitary sewer services to an 18 lot subdivision located along South Shores Drive and adjacent to Lake Decatur. The proposed subdivision would include high quality residential development lots, some with lake access. All streets are proposed to be privately owned and maintained with gated access from South Shores Drive. The cost of extending water and sanitary sewer across the South Shores Drive right-of-way is very high due to the depth of water and sewer mains beneath the street surface. Costs are expected to exceed $95,000 to complete the service connection, exclusive of any sewer line installation to service individual lots within the subdivision. The City's responsibility to reimburse for eligible project costs is limited to actual �ncremental property taxes generated by the newly constructed homes in the subdivision. Therefore, the developer will receive no reimbursement for the work until homes have been constructed and tax dollars have been received by the City of Decatur. ' POTENTIAL OBJECTION: N/A. INPUT FROM OTHER SOURCES: All City departments have reviewed the proposed subdivision for consistency with the City's subdivision ordinance. The City Plan Commission reviewed the plats at the June 3, 2004 meeting, the Commission voted unanimously to approve the Preliminary and Final Plats. STAFF REFERENCE: Any additional questions may be forwarded to Dane Bragg at 424- 2727 or dbra��(�v,decaturnet.org. BUDGET/TIME IMPLICATIONS: All reimbursements will be made based on incremental property taxes generated to the City of Decatur.