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HomeMy WebLinkAboutResolution 6530�CITY °moo F Y `Lj RESOLUTION OF THE CITY COUNCIL NO. 6 53 0 ES WO) A RESOLUTION OUTLINING THE FUNDING MECHANISM AND COST DISTRIBUTION PLAN FOR THE PROVISION OF SANITARY SEWER AND MUNICIPAL WATER UTILITIES ALONG CSAH 112 FROM OLD CRYSTAL BAY ROAD TO CSAH 6 WHEREAS, developers have begun to show interest in developing properties along the western portion of CSAH 112. Currently water and sewer service only extends westward to the corner of Old Crystal Bay Road and CSAH 112 and, WHEREAS, the area is divided into three parcels with developers actively interested in the two end parcels. There are currently no known plans to develop the center parcel, Dumas Orchards. WHEREAS, the Community Management Plan (CMP) calls for these areas to be serviced with municipal water and sanitary sewer NOW, THEREFORE BE IT RESOLVED by the Orono City Council, that the following cost distribution methodology and funding mechanism will be used to provide for the construction of Sanitary sewer and Municipal water to the properties along the south side CSAH 112 from Old Crystal Bay Road to CSAH 6: • Cost Distribution Methodology. In order to distribute the cost of the project to the benefiting properties in an equitable manner the city will divide up projects to associate specific portions of a project with the benefiting property. The cost will be further allocated based on the potential demand of the benefiting properties by using the maximum # of units of each development area could accommodate based on the current CMP land use guide plan. • Funding Mechanism. The City will fund the projects and then charge the developers for their portion as each development occurs. ADOPTED this 27a' day of July, 2015, by the City Council of the City of Orono, Minnesota. AZ T: iegs, City Clerk Lili Tod McMillan, Mayor