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I-- ' <br />Request for Council Action continued <br />page 2 of 2 <br />August 7,1997 <br />Highway 12 Stormwater Ponding <br />as indicated above, any additional development on the light industrial properties would require <br />ponding. Also Mn/DOT has recently indicated that this pond would be a city expense. The city <br />would have to determine funding sources for the pond. <br />Because this pond would affect the property owners both in terms their use of the property and in <br />terms of bearing some portion of the costs of the pond, it is recommended they be contacted <br />regarding the pond option and regarding how a pond would fit their future plans. <br />Costs <br />Mn/DOT has indicated that it will build the necessary facilities, but the portion of the facilities that <br />are needed to handle city stormwater flows versus highway stormwater flows will need to be funded <br />by the city. It is not clear at this point what the cost of the pond would be or what the specific <br />sources of funding for the pond would be. Potential funding sources would be special assessments <br />against the benefitted properties, MCWD, city funds, and Mn/DOT funds. <br />Mn/DOT would like to get an idea of whether the city is willing to consider the concept of a pond <br />on the light industrial property, because this affects the design of the remainder of the downstream <br />system. If the Council believes the pond may be acceptable under a set of conditions, staff <br />reconunends the affected property owners be approached regarding this potential and their future <br />plans for the property. <br />i <br />COUNCIL ACTION REQUESTED: <br />Motion to indicate whether the city is willing to consider the concept of a stormwater pond located <br />in the city's light industrial area.