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HomeMy WebLinkAbout85-084 r~4 CITY OF LAKEVILLE RESOLUTION Date October 7, 1985 Resolution No. 85-84 Motion by Harvey Seconded by Sindt RESOLUTION APPROVING STORM SEWER CREDITS FOR ROLLING OAKS SOUTH PLAT 4 WHEREAS, Section 14 of the development agreement for Rolling Oaks South Plat 4 states, "The developer shall pay a storm sewer charge $73,606.00 in lieu of the property paying a like assessment at a later date, less a credit for storm sewer trunk improvement in an amount determined by the city engineer." WHEREAS, the city engineer has indicated in a letter dated October • 1, 1985, a copy of which is attached, that the developer should receive a credit for storm sewer oversizing in the amount of $54,181.70 NOW, THEREFORE, BE IT RESOLVED by the Lakeville City Council that Rolling Oaks South Plat 4 shall be assessed a storm sewer charge in the amount of $73,606.00 less a credit for oversizing in the amount of $54,181.70 resulting in a final net storm sewer charge of $19,424.50. DATED this 7th day of October, 1985. CITY OF LAKEVILLE BY: Duane Zaun, M r ATTEST: atrick E. cGarvey, i Clerk