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earliest practical City Council meeting to present the proposed <br />annexation for Council review and comment. <br />2. City Council Feasibility Determination. <br />The presentation to the City Council should address the pertinent as- <br />pects of the annexation/development including location of the annexation <br />territory, size, land use, density of development, water and sewer re- <br />quirements as well as other necessary City services and other such fac- <br />tors in a general manner. If the City Council finds the proposal is <br />not feasible, the applicant shall either revise the proposal and re- <br />submit it or consider the matter closed. If the City Council deter- <br />mines that the proposal is potentially feasible it shall refer the <br />proposed annexation to the planning Commission for review, evaluation <br />and recommendation. <br />3. Payment of Annexation Fees. <br />Stage I annexation fees, which shall be based on the following schedule <br />shall be paid prior to meeting with the Planning Commission. Stage II <br />fees shall be payable as the various land areas are platted. <br />Fee Schedule Size of Annexation Fee Per Acre <br />(Based on overall plan Residential/Industrial <br />not component parts) Commercial <br />Stage I First 40 acres $60.00 $45.00 <br />Next 40 acres 40.00 30.00 <br />Balance 30.00 22.50 <br />Stage II As platted $20.00 $15.00 <br />4. Plannin4 Commission - Annexation Impact Statement. <br />The applicant shall meet; with the Planning Commission at a regularly <br />scheduled Planning Commission meeting and present generally the same <br />information as was presented to the City Council. The Planning <br />Commission will comment as to its opinions, suggestions and overall <br />impression of the proposal and instruct the applicant to prepare an <br />Annexation Impact Statement for their analysis and evaluation. If <br />the applicant believes a waiver of some of the requirements of the <br />Annexation Impact Statement should be granted he should so advise <br />-2- <br />