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HomeMy WebLinkAbout07-093 Feasibility Report Welcome Avenue Motion By: Hedberg Second By: Millar WHEREAS, Pursuant to Resolution 07-019, the City Council, on February 5,2007, ordered a Feasibility Report to be prepared by the City's Engineering Department with reference to the improvement of the Industrial Park; and WHEREAS, The report provides information regarding whether the proposed project is necessary, cost effective, and feasible; and WHEREAS, Due to the estimated assessment rates, a public initiated project is not economically feasible at this time; and WHEREAS, The City Council recognizes a number of important reasons for the Industrial Park improvement project including: elimination of wells and septic systems within the City's Wellhead Protection High Vulnerability Zone; developers willing to invest in the Industrial Park; future lack of suitable commercial properties within Prior Lake; opportunity to develop area to a higher use; opportunity to develop areas to the east; and paving of these roadways reduce erosion issues and maintenance of gravel surfaces; and WHEREAS, Extension of sanitary sewer to the Industrial Park property line would allow Developers the opportunity to extend utilities within the Industrial Park to serve their properties NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The City Council hereby accepts the Feasibility Report as submitted. 3. The City Council directs Staff to extend the sanitary sewer to the Industrial Park property limits. 4. The City Council authorizes Staff work with Developers to complete utility extensions through the Industrial Park utilizing the City's Standard Development Contract. 5. The City Council authorizes Staff to pursue easement acquisition for future ponding expansion. 6. The City Council authorizes Staff to pursue economic development options for the Industrial Park. 7. The City Council approves up to a five year timeline for Developer initiated utility extensions. By 2013, a City initiated street and utility project must be initiated. PASSED AND ADOPTED THIS 7TH DAY OF MAY 2007. YES NO Hau en X Hau en Erickson X Erickson Hedber X Hedber LeMair Abstain LeMair Millar X Millar Ft\GounciIV\ganda Repoils\20Q7\05 07 AV~f-.~i!I$I~~!ii91'!:.~..ll<P.QmOC Phone 952.447.9800 / Fax 952.447.4245