09-27-1993 Council Minutes - Laserfiche WebLink

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DISCUSSION OF MUSA EXPANSION APPLICATION • Hurr explained that the Met Council said that the MUSA application was incomplete because we had not agreed that we would comply with the storm water management requirements that are part of national regulations today. In our (Mayor Callahan and Hurr) discussion with Mary Smith, it seems that they are comfortable with .... six months or maybe a year. Mike says it's a minor amendment and once we agree to an acceptable timeframe, it could be completed fairly quickly. Mr. Nettles would like to proceed with his connection and the purchaser of the property we are trying to sell would also like to proceed. Mayor Callahan stated that he feels there would be serious difficulties with the stormwater plan. These concerns are contained in the Metropolitan Councils own draft of what they want done. He warns that there will be problems down the road. However, with the new information Hurr presented, it sounds as though the City would be involved in the problems anyway. Would like to suggest that we direct staff to bring to budget meeting a resolution draft to accomplish the substance of our discussion tonight so that we can formally adopt necessary language for the application. It was moved by Mayor Callahan, seconded by Hurr, to approved the Alan Nettles Sewer Connection subject to the above request of staff. Ayes: 4, Nays 0. ( #21) ALAN NETTLES SEWER CONNECTION Moorse explained that Mr. Nettles proposes to pay his connection over time rather than in a lump sum. Moorse has looked into this and determined that it would be easy to do - simply add it as an assessment to his property. He warned, however, that this would set a precedent and that there are other situations that would come up requesting the same arrangement. • Kelley asked where the money would go. Moorse explained that it would be available to fund debt service. Hurr asked how the figure was arrived at. Moorse explained that the original assessment was $9,235 and increased over the years by costs of living increases. Hurr asked what interest rate is paid by those individuals who opted to have the fee added as an assessment. Moorse stated that he believed it was about 8.5 %. Hurr stated that she feels the same rate of interest that original homeowners are paying would have to be charged. Kelley asked how long Mr. Nettles wants the term of payment to be. Mr. Nettles proposed that since he purchased the property in August 1986, he would pay down the fee to the point as other homeowners and to finance the remainder to the same term as other homeowners at the same rate of interest. • 11