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HomeMy WebLinkAboutRES2026-046 DRP Application - WilliamsSponsored by: Sorensen CITY OF SEWARD, ALASKA RESOLUTION 2026-046 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, APPROVING THE DEVELOPER REIMBURSEMENT PROGRAM APPLICATION SUBMITTED BY ROBERT WILLIAMS AND TRAVIS MAURER FOR WATER, SEWER, ELECTRIC, AND ROAD EXTENSIONS BENEFITING TRACTS 5B-1 AND 5B-2, FOREST ACRES SUBDIVISION, AND AUTHORIZING AN EXPENDITURE IN THE AMOUNT OF $639,100 AND APPROPRIATING FUNDS WHEREAS, on April 13, 2026, the City Council held a work session to review Developer Reimbursement Program (DRP) applications and directed administration to return with resolutions funding each applicant at 50 percent; and WHEREAS, the proposed improvements include water, sewer, electrical, road, and lighting infrastructure to serve properties as described in the title of this resolution, which are subject to a pending replat approved by the City of Seward to create Tracts 5B-1 and 5B-2, Forest Acres Subdivision, Seward Gateway Properties; and WHEREAS, the improvements are intended to serve the parcels that will be created through this replat; and WHEREAS, a Conditional Use Permit has recently been approved for a 17-unit multifamily development on one of those proposed parcels, demonstrating near -term housing development potential; and WHEREAS, the total estimated cost of the Special Improvement District is approximately $639,100, and the City will pay for the installation of public improvements upfront, utilizing Reimbursement Method 1, with the developer reimbursing 50 percent of those costs through the Developer Reimbursement Program; and WHEREAS, following completion of the project, the actual costs will be calculated and a subsequent resolution will establish the final assessment, payment terms, and any applicable penalties. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA: Section 1. The special improvement district, referred to as the Williams/Maurer Improvement District, will include 1 - 4 of portions of the properties described as (MERIDIAN SW 0860010 FORT RAYMOND SUB LOT 13, and SEWARD MERIDIAN SW THAT PORTION OF US SURVEY NO 149 BEGIN AT POINT ON THE NORTHERLY LINE OF SAID SURVEY, NORTH 63 DEGREES 41' E 1178.10 FT FROM CORNER NO 2 THEREOF, POB; THENCE S 54 DEGREES 31' E 251.62 FT TO WESTERLY ROW LINE OF ALASKA RAILROAD; THENCE S 29 DEGREES 10' W ALONG WESTERLY ROW LINE 521.21 FT; THENCE N 54 DEGREES CITY OF SEWARD, ALASKA RESOLUTION 2026-046 Page 2 of 3 31' W 586.7 FT TO NORTHERLY BOUNDARY OF SAID SURVEY; THENCE N 63 DEGREES 41' E 587.8 FT TO POB, EXCLUDING THE SEWARD HIGHWAY ROW AND THE ALASKA RAILROAD ROW), which are subject to a pending replat to create Tracts 5B-1 and 5B-2, Forest Acres Subdivision, Seward Gateway Properties Section 2. After full review by the City Council of all the facts and opinions presented, it is hereby determined that the proposed Williams/Maurer Improvement District is in the public's interest, is necessary, and will benefit the properties to be assessed. Section 3. The City Council hereby approves the Williams/Maurer Developer Reimbursement Application and the reimbursement of 50 percent of the costs related to the installation of public improvements and authorizes the City Manager to proceed with the design and construction of the Williams/Maurer Improvement District. Section 4. The City Manager is hereby authorized and directed to keep account of all costs associated with the improvements, including acquisition of interests in land, design, engineering, administration, overhead, professional services, bond or loan costs, and all other costs resulting from the construction of the improvements. Section 5. Funding in the amount of $639,100 is hereby appropriated from the Developer and Incentive and Reimbursement Fund (80071-0000-8101-0196), and other applicable funds as determined necessary, for the purpose of completing the improvements associated with the Williams Improvement District. Section 6. Following completion of the project, the actual costs will be calculated to determine the final assessment, which will be levied and recorded through a subsequent resolution adopted by the City Council. Section 7. This resolution shall take effect immediately upon adoption. APPROVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA THIS 11th DAY OF MAY 2026. S,,, (oz. , Sue McClure, Mayor CITY OF SEWARD, ALASKA RESOLUTION 2026-046 Page 3 of 3 AYES: Warner, Barnwell, Crites, Draper, Calhoon, McClure NOES: None ABSENT: Osenga ABSTAIN: None ATTEST: Kris Peck City Clerk City Council Agenda Statement Meeting Date: May 11, 2026 To: City Council Through: Kat Sorensen, City Manager From: Daniel Meuninck, Community Development Director Subject: Resolution 2026-046: Approving the Developer Reimbursement Program Application Submitted by Robert Williams and Travis Maurer for water, sewer, electric, and road extensions benefiting Tracts 5B-1 and 5B-2, Forest Acres Subdivision, and Authorizing an Expenditure in the amount of $639,100 and Appropriating Funds Background and justification: On April 13, City Council held a work session to review Developer Reimbursement Program (DRP) applications. At that time, Council directed administration to return with resolutions funding each applicant at 50 percent. Administration has determined that the proposed Special Improvement District is in the public interest, is necessary, and will benefit the properties to be assessed. City Code Section 5.20.035 states that "the costs of an improvement shall be the actual costs of the improvement, including acquisition of interests in land for the improvement, design, engineering, administration, overhead, professional services, guarantee fund, bond costs and interest incurred as a result of the improvement, and all other costs resulting from the construction of the improvement." This development will provide water, sewer, electrical, road, and lighting improvements to the properties as described in the title of this resolution, which are subject to a pending replat approved by the City of Seward to create Tracts 5B-1 and 5B-2, Forest Acres Subdivision, Seward Gateway Properties. The improvements are intended to serve the large parcels that will be created through this replat. As part of the current development proposal, a Conditional Use Permit has recently been approved for a 17-unit multifamily development on the first of those parcels. The total estimated cost of the Special Improvement District is approximately $639,100, which will be assessed to the benefited property as described in this resolution. The City will pay for the installation of public improvements up front, using Reimbursement Method 1 for actual costs up to $639,100, and the developer will reimburse the City for 50 percent of those costs in accordance with the DRP. Following completion of the project, the actual costs will be finalized and used to determine the final assessment amount. A subsequent resolution will be brought forward to Council to levy the assessment, establish payment terms, and outline any applicable penalties for the Special Improvement District. The final assessment will reflect the legal configuration of the property at the time of recording. * * Comprehensive and Strategic Plan Consistency Information This legislation is consistent with (citation listed): Comprehensive Plan: 3.3.1: 3.3.1.1., 3.3.1.2., 3.3.1.3. Strategic Plan: Other: Certification of Funds Total amount of funds listed in this legislation: This legislation (✓): Creates revenue in the amount of: Creates expenditure in the amount of: Creates a savings in the amount of: X Has no fiscal impact Funds are (✓): Budgeted Line item(s): 80071-0000-8101-0196 X $ 639,100 $ 639,100 Not budgeted Not applicable Affected Fund (✓): General Boat Harbor Motor Pool X SMIC Parking Other Net Position as of 04/30/2026 X Yes Not applicable Electric Water DRP FUND Attorney Signature: Comments: Wastewater Healthcare Note: amounts are unaudited $ 3,417,807 Finance Director Signature: Administration Recommendation X Adopt Resolution Other: