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95-029 ,. ,. 't..... . . . . CITY OF SHOREWOOD RESOLUTION NO. #95-29 A RESOLUTION SETTING PARAMETERS FOR A WATER SYSTEM ASSESSMENT POLICY PROJECT WHEREAS, the City Comprehensive Plan calls for a three-phased expansion of the municipal water system; and WHEREAS, said expansion includes the following objectives: 1. Extend watermain to new developments where feasible. 2. Enhance the safety and reliability of the existing system on the west end, and throughout the City. 3. Construct a water tower on the Minnewashta Elementary School site in order to establish the elevated storage crucial to objective #2. 4. Establish fees for developments where extensions of the system are not imminent. 5. Evaluate and adopt an assessment policy which: . Addresses assessment of property as service is provided. . Takes into consideration the City'S ability to finance said assessments in order to mitigate the financial burden to existing homeowners. . Determines at what point connection to the system may be required, or as an alternative, at what point minimum charges begin accruing. . Budgets for capital improvements. . Establishes flat rate assessments on a unit basis (i.e. all lots regardless of size pay the same assessment); and WHEREAS, many, but not all, assessment policy questions are addressed in the Comprehensive Plan and the proposed street reconstruction assessment ordinance; and WHEREAS, the City Council wishes to establish a thorough Water System Assessment Policy. .' {: . . . RESOLUTION #95-_~__ Page 2 of 3 NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Shorewood that a temporary Water System Special Assessment Advisory Group is created to work with the City Council in developing a thorough water system assessment policy which shall operate within the following parameters: Purpose of Advisory Group: The group shall review and make recommendations on policy questions being considered by the City Council regarding water system special assessment and financing policy questions. Objectives: The Advisory Group shall work with the City Council by commenting on alternative formulas for special assessments as well as alternative formulas for financing said assessments taking into consideration: . Total project costs; · Current and future financial strength of the City's General Fund and Water Fund; · Equitable assessment of costs (i.e. discounts for senior citizens, low income families, existing homeowners versus new development, etc.); and . Funding for deferred maintenance (depreciation) . The Advisory Group shall work with the City Council in reviewing financial projections prepared by the staff and consultants, and make comments and recommendations to the City Council. Committee Make-up: The City Council shall act as a Committee of the Whole in conjunction with an Advisory Group of citizens made up of one person from each of the four areas of the City as defined for the Comprehensive Plan neighborhood meetings if possible. The City Administrator, Finance Director and City Engineer shall be non-voting members and provide staff support. " ..... . . . RESOLUTION #95-_2~_ Page 3 of 3 Procedure: Meetings shall be set by the City Council. The City Administrator will send a notice of the time and place of the meeting, and an agenda to the Advisory Group. Notice will be posted at regular locations and mailed to the press at least 72 hours in advance of the meeting. Sunset: The mission of the Advisory Group shall be completed and shall cease to exist on June 30, 1995. The City Council may expand the purpose or the life of the Group by Council resolution. PASSED AND ADOPTED by the City Council of the City of Shorewood this 10th day of April, 1995. ~~LLJ-v1,~A:<.~"_ Robert B. Bean, Mayor ATTEST: /l . 4 I ~1/\9.d C ~rvw! JamewC. Hurm, ity Administrator V