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050685 CC SP Min . . . CITY OF SHOREWOOD SPECIAL MEETING MONDAY, MAY 6, 1985 COUNCIL CHAMBERS 5755 COUNTRY CLUB ROAD 7:30 P.M. M I NUT E S CALL TO ORDER The special meeting of May 6, 1985 was opened at 7:37 P.M. by Mayor Rascop for the purpose of reviewing the Waterford Project: Development Contract, Water Service Agreement, and the Franchise Agreement. ROLL CALL Present: .1 Mayor Rascop, Councilmembers Haugen, Shaw, Stover, Administrator Vogt, and Clerk Kennelly. WATERFORD DEVELOPMENT CONTRACT REVIEW Planner Nielsen began the meeting by reviewing, for the Council, the changes that have been made since the previous draft was presented. Engineer Norton reviewed the traffic sign plan and added a right hand turn lane and sign, to be located on south-bound Vine Hill Road at Waterford Place. They also added a temporary baracade with reflectors, to be placed north of the intersection of Old Market Road and Waterford Place, until su~h time that Old Market Road will continue North. In the future, this road will service the multiple family and commercial areas, to include the installa- tion of the new intersection at State Highway 7. The Council questioned the proposed water system, regarding water storage capacity, fire protection capabilities, elevation of tank and capacity for service connections. Gagne moved, seconded by Shaw, to accept the proposed water system designed by Waterford Engineers, Schoell & Madson, proposing a 50,000 gallon overhead storage. Motion carried - 4 Ayes - 1 Abstain (Stover). Council discussed various methods of determining the amount of the "Letter of Credit" to be supplied by the, developer. Mason is not in agreement with the present percentage in the agreement. Nielsen felt further research of other cities pOlicies should be looked at, Council agreed. Nielsen will return with further information on "Letter of Credit" requirements. Setback variance within Exhibit F were reviewed. Council directed the Development Agreement (as redrafted) and the Final Plat Approval to be placed on the May 13th Council Agenda. M~. Mason has asked that the Building Inspector approve the issuance of five individual building permits on this project. Rascop moved, seconded by Gagne, to issue the five permits as approved by the Building Inspector. Motion carried - 5 Ayes. . . . COUNCIL SPECIAL MEETING - 2 - MAY 6, 1985 FRANCHISE AGREEMENT ORDINANCE Attorney Froberg indicated that he would like to issue a new sample Franchise Ordinance at the May 13th Council Meeting. The Council proceeded to review some additional changes regarding; $10,000 Perform- ance Bond to insure coverage for repairs and water charge payments; franchise term period of 10 years, water rates; liability single limit coverage of $500,000; payments to the developer for oversizing costs, if additional connections are made. Additional areas were reviewed. WATER SERVICE AGREEMENT Will be discussed when the agreement is returned from Milinnetonka. SIGN REQUEST Mr. Mason would like to install development signs at this time. His proposed signage does not comply with the present Sign Ordinance regulations. Nielsen recommended he follow the current sign Ordinance requirements until a new Ordinance can be drawn. ASSISTANT PUBLIC WORKS DIRECTOR RESOLUTION NO. 24 - 85 Applications were received and interviews were held by the Council for Assistant Public Works Director position. Gagne moved, seconded by Rascop, to appoint Howard Stark to the posi- tion, subject to his approving by signing the listed duties as stated within his job description, and his acceptance of the position. Motion carried unanimously - 5 Ayes. ADJOURNMENT Haugen moved, seconded by Shaw, to adjourn the Special Meeting of May 6, 1985 at 11:20 P.M. Motion carried, 5 Ayes. Respectfully submitted, SANDRA L. KENNELLY, City Clerk ~~~~~ - Mayor Rascop