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HomeMy WebLinkAbout98-67A RESOLUTION ADOPTING AN INTERIM STORM WATER TRUNK FEE AND REVISING THE ASSESSMENT POLICY AND THE PUBLIC WORKS DESIGN MANUAL TO ELIMINATE POND EXCAVATION AND POND LANDSCAPING AS STORM WATER DRAINAGE IMPROVEMENT COSTS ELIGIBLE FOR REIMBURSEMENT FROM THE TRUNK RESERVE FUND MOTION BY: KEDROWSKI SECOND BY: SCHENCK WHEREAS, development within the City requires the construction of storm water improvements, and WHEREAS, trunk facilities related to the construction of these storm water improvements are required by the City and have been funded in the past by the City, and WHEREAS, a study has been undertaken to confirm the appropriateness of such fee and WHEREAS, such study is expected to be completed by November 30, 1998, and WHEREAS, it is the City Council's desire to have a fair and equitable funding mechanism for these storm water trunk facility improvements. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA, a Storm Water Trunk Fee is hereby adopted at an interim rate of $3,180 per acre to be applied to all developments henceforth and to be adjusted based on the results of a Storm Water Trunk Fee Justification Report, and annually thereafter. BE IT FURTHER RESOLVED, the appropriate revisions to the Assessment Policy and the Public Works Design Manual be made and published to eliminate pond excavation and pond landscaping as storm water drainage improvement costs eligible for reimbursement from the Trunk Reserve Fund. 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER Passed and adopted this 18th day of May, 1998. {Seal} YES NO Mader X Mader Kedrowski X Kedrowski Petersen X Petersen Schenck X Schenck Wuellner X Wue~er Frank'Bo s City Ma~ / City of Prior Lake