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� � <br /> . � ORONO COUNCIL T�ZEETING HELD SEPTEP2BER 13, 1976 Pa e 27 <br /> • . q <br /> � I am sure they will ask you to meet certain standards FARVIEW ADDITION <br /> • as to drainage; however, I cannot see that this iaould (Continued) <br /> � be a big problem. I am sure that you will find that <br /> any individual that might buy one of your lots would <br /> � be very reluctant to buy without public access. The <br /> main problem being future maintenance, snow removal , <br /> � and so forth. <br /> • B, [a. Watson, Vice President <br /> r i�1r, Greg P'rank, City �ngineer, presented a letter <br /> � fron Al1an To nuello written to Farvie�e Properties, <br /> Septem.ber 9, 1976, that statese <br /> • <br /> At our meeting on September 8, 1976, there �aas <br /> � consic�erahle discussion of the roadway ���ithin <br /> Farvie�a and whether or not it should be kept as <br /> � a private roadway or dedicated to the public. <br /> � As you know, one of the principal considerations <br /> , today in platting is the possibility of future <br /> title problems and ohjections. Good and legal <br /> � access is extremely important and if this access <br /> is not dedicated to the public, problems can develop, <br /> • <br /> . It is my understanding that FHA will not issue a <br /> mortgage loan if there is private access. I am <br /> �told in fact that they will not even accept an <br /> application in such a situation. <br /> • <br /> I am further informed that the Federal National <br /> • Plortgage Association prefers public access over <br /> private access, and the same is true of Governmental <br /> � National P�ortgage Association. These t��rv private <br /> • agencies are in the business of buying mortgages on <br /> the secondary market from banks, and they prefer <br /> � to not deal in situations where there is private <br /> access hecause of possible future problems. <br /> • <br /> It would be my advice based upon the above to attempt <br /> • to dedicate the street in the plat Farview to the public. <br /> � Letter to City Council from Greg Frank, City Enqineer, <br /> � September 10 , 1976 states> <br /> � As you are aware, the Council requestec� on August 23, <br /> 1976, that the developer on the subject project suhmit <br /> • a drainage plan for our review. The Council °s approval <br /> of the plat was continqent upon our reviewing anc� <br /> � approving certain dr.ainage problems,��:-hich were expected <br /> � to be completed by the date of this letter. <br /> � S;.nce the August 23, 1976 meeting, the engineer for the <br /> eveloper has phoned us on several occasions to discuss <br /> he drainage, Iioc�Tever, to date, we have not received <br /> any correspondence or documents for review purposesa <br /> • As a result, we reQommend that the Council c�efer f_inal <br /> acceptance of the preliminar_y plat until that time at <br /> � �vhich an acceptable solution to the drainage problem <br /> � is resolvedo (Continued) <br />