City Council Minutes 1975 09 24 SP

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INDUSTRIAL LAND cont'd Mr. Heard stated that included in the contract is an option for approximately two acres of land west of the 1.95 acres. Mr. Wurl stated that the plans that have been shown to the City have fallen with in the zoning regulations and be- cause it is less then 2 acres it would not require PUD. Councilman Caranci asked if the founda- tion of the garage would have to be re- moved. Mr. Wurl explained the terms of the con- tract stating that the City received a grant from FHA to do the items in #1, Curbs, gutters, resurfacing and im- provements of streets. In clarification he stated that the City has no respon- sibility for improvements on Highway 42 because it is a state highway. He stated that the only street that the im- provements would be required would be South St. Item #2C on size of water line and purchaser, Mr. Wurl stated that it was not worded clearly. What is meant is that if the City runs a new water line there will be no additional tap fees to transfer their service pipe to the new line, however, if the firm requests or is required to put in a larger tap they will have to pay the difference in the fee. Item #2E, construction improvements, Mr. Wurl stated that item #3 states that the City shall remove the present im- provements. Mr. Heard stated that the intent of item #2E was that the company shall have the right of use of that land for the purpose of which it was in- tended, specifically to construct a light manufacturing facility of about 10,000 feet in accordance with the rules of the City. Mr. Wurl stated that in regards to the option; the City would option the remaining 1.95 acres for two years and after that there is a right of first refusal for two additional years. Mr. Wurl stated that a price should be agreed upon and what, if any money, would be wanted for an option agreement. Mr. Wurl stated that the appraisal on the westerly acreage was $29,000. -3-