City Update

We heard from Susan Joy today. Good news and bad news, but all in all, pretty good outcome.

After meeting with all of the affected departments and discussing the issues with Helen, our City Engineer, we have determined the following requirements:

No design and construction for Kechter at this time but instead will take cash as a contribution in aid for future design and improvements (including the sidewalk). We felt that the frontage was not great enough to warrant actual construction of Kechter and Transportation Planning was fine with escrowing money for the sidewalk. Light and Power is happy with this option as well.

An estimate for our review and approval will be due in Final Compliance and the money itself paid prior to the first building permit. Unfortunately, a letter of credit is not an option in this situation Jennifer but we did explore that idea. The estimate for the future design and construction will be due in Final Compliance and that $$ number will be put in the Development Agreement.

Dedicate a 20' Utility and a 20' private ditch easement that would be labeled separately but overlap each other. The ditch would not need to be relocated in the interim. We haven't actually tried this before but thought we'd give it a go. I'm sure that we can get the utilities and the ditch to work and if necessary, we'll realign the ditch at that time.

We had the design and construction of Kechter built into our overall plan, so although it's a bummer, it's not a surprise. We will be able to roll that into our construction loan as part of the house. Not sure about timing because the escrow has to be paid before a building permit can be pulled, but I guess we can work on that.

At least we won't have to move the ditch.