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HomeMy WebLinkAbout~Master - Connection Fee to Connect to Extended Water Main at 3520 S Riverside Drive RESOLUTION NO. 19-055 RESOLUTION APPROVING CHARGING A CONNECTION FEE TO CONNECT TO EXTENDED WATER MAIN AT 3520 S RIVERSIDE DRIVE FOR THE CITY OF AMES WHEREAS,the Iowa State University Research Park Phase (ISURP) IV Improvements project will include the extension of a water main along the east side of South Riverside Drive from the intersection of Collaboration Place to approximately 800 feet south; and, WHEREAS, in January 2019, the City Council received a letter from Gary and Kathy May, owners of 3520 South Riverside Drive, requesting to connect to the extended water main after it has been installed along the west side of their property; and, WHEREAS, a connection fee of$20.00 per linear foot of property frontage is charged, per Appendix F of the Municipal Code and the fee is intended to help recover City costs for the installation of a public water main; and, WHEREAS,the extension of the water main will be 50%funded by an Economic Development Administration(EDA)grant,with the other 50%to be recovered over time from property taxes paid by the Iowa State University Research Park property owners through a TIF financing arrangement; and, WHEREAS,the May property frontage is 320 feet,which would result in a standard connection fee of$6,400 and the May's are requesting that the Council consider a reduced connection fee; and, WHEREAS, it is being recommended to use a typical urban lot frontage width of 80 feet and reduce the standard rate by 50% to account for the 50% EDA grant funding of the water main installation,resulting in a total cost of$10 per linear foot x 80 feet=$800. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that the use of the typical urban lot frontage width of 80 feet and reduction of the standard rate by 50%to account for the 50%EDA grant funding of the water main installation,resulting in a total cost of$10 per linear foot x 80 feet=$800 is hereby approved. ADOPTED THIS 12t'day of February,2019. u�— Diane R. Voss, City Clerk John A. Haila,Mayor Introduced by: Gartin Seconded by: Beatty-Hansen Voting aye: Beatty-Hansen,Betcher, Corrieri, Gartin, Martin,Nelson Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 12'day of February, 2019.