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HomeMy WebLinkAbout85-086 ~y • CITY OF LAKEVILLE RESOLUTION Date October 7, 1985 Resolution No. 85-86 Motion by Harvey Seconded by Sindt RESOLUTION APPROVING STORM SEWER CREDITS FOR MCSTOP 1ST ADDITION WHEREAS, Section 13 of the development agreement for McStop 1st Addition, states, "The developer shall pay a storm sewer charge for Phase I of $70,165.75, less a credit for construction of a storm water rentention pond, in lieu of the property paying a like assessment at a later date." WHEREAS, the city engineer has indicated in a letter dated October • 2, 1985, a copy of which is attached, that the developer should receive a credit for storm sewer oversizing and pond development in the amount of $17,020.00 and a credit for Outlot C in the amount of $20,100.00. NOW, THEREFORE, BE IT RESOLVED by the Lakeville City Council that McStop 1st Addition shall be assessed a storm sewer charge in the amount of $70,165.75 less a credit for oversizing in the amount of $17,020.00 and a credit for Outlot C in the amount of $20,100.00, resulting in a final net storm sewer charge of $33,045.75. DATED this 7th day of October, 1985. CITY OF LAKEVILLE BY Duane Zaun, Ma o ATTEST: f • atrick E. McGarvey, Ci y Clerk