HomeMy WebLinkAboutRES2023-050 Amending Harmon's DRP Application Sponsored by: Bower
Public Hearing: May 8, 2023
CITY OF SEWARD,ALASKA
RESOLUTION 2023-050
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, AMENDING THE HARMON DEVELOPER
REIMBURSEMENT PROGRAM APPLICATION FROM THE
"REIMBURSEMENT METHOD" TO THE "ASSESSMENT DISTRICT
METHOD" AND APPROPRIATING $161,565, THE OTHER HALF OF
THE ESTIMATED COST OF IMPROVEMENTS
WHEREAS, on September 12, 2022, the city council passed Resolution 2022-102,
approving the Harmon Developer Reimbursement Application for the Harmon Utility
Improvement District; and
WHEREAS, Mr. Harmon has requested that the method be changed from the
"reimbursement method" to the"assessment district method"; and
WHEREAS, the city manager recommends the approval of the request and the
appropriation of funds.
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SEWARD,ALASKA that:
Section 1. The Harmon Utility Improvement District DRP Application is hereby amended
from the"Reimbursement Method"to the"Assessment District Method".
Section 2.Funding in the amount of$161,565,the other half of the total improvement cost,
is hereby appropriated as follows: $6,800 from the 80071-0000-8101 Developer and Incentive
and Reimbursement Fund, $73,015 from the 17100-0000-8101 Water Fund ARPA and
$81,750 from the 18100-0000-8101 Sewer Fund ARPA for a grand total of$161,565.
Section 3.This resolution shall take effect immediately upon adoption.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 8th
day of May, 2023.
THE CITY OF SEWARD,ALASKA
SmAI Dyrcia re
Sue McClure, Mayor
CITY OF SEWARD, ALASKA
RESOLUTION 2023-050
AYES: Osenga, Finch, Barnwell, DeMoss, Calhoon, Wells, McClure
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
renda J. Ba u, MMC
City Clerk
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City Council Agenda Statement
Meeting Date: May 8, 2023
To: City Council
Through: Janette Bower, City Manager
From: Jason Bickling, Community Development Director
Subject: Resolution 2023-050: Amending the Harmon Developer Reimbursement
Program Application from the"reimbursement method"to the"assessment
district method"and appropriating $161,565, the other half of the estimated
cost of improvements.
Background and justification:
Mr. Harmon has requested to change methods for his participation in the DRP program from the
"reimbursement method"to the"assessment district method".
The reimbursement method is where the developer pays all of the costs up front and then turns in
the receipts to the city and is then reimbursed for half of those receipts. With this method, half of
the amount of the total improvement cost is appropriated.
The assessment district method is where the city pays for the costs up front, and the lots are then
assessed for half and paid back through the assessment process. With this DRP method, the full
amount of the improvement cost is appropriated.
On September 12th, the City Council approved Resolution 2022-102, approving the Harmon
Developer Reimbursement Application for the Harmon Subdivision.
The total estimated amount for the improvement is $323,130. Half of that amount, $161,565,
was appropriated during the original approval of the application. This resolution will amend
his application, appropriate the other half of the improvements, and prepare things for the
assessment district to be set up when the utility installation is completed.
Comprehensive and Strategic Plan Consistency Information
This legislation is consistent with (citation listed):
Comprehensive Plan: 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: $ $161,565
This legislation (✓):
Creates revenue in the amount of: $
X Creates expenditure in amount of: $ $161,565
Creates a savings in the amount of: $
Has no fiscal impact
Funds are (✓):
Budgeted Line item(s): $6,800 80071-0000-8101 DRP Fund, $73,015 17100-0000-8101
X Not budgeted And $87,750 18100-0000-8101
Not applicable
Fund Balance Information
Affected Fund (✓):
General SMIC Electric Wastewater
Boat Harbor Parking F1 Water F1 Healthcare
Motor Pool Other Water/sewer ARPA
X funds and DRP
Note:amounts are unaudited
Fund Balance/Net position — restricted $ 2,531,585
Fund Balance/Net position — unrestricted/unassigned $
Available Unrestricted Cash Balance: $ 2,023,220
Finance Director Signature: —
Attorney Review
RxYes Attorney Signature:
Not applicable Comments:
Administration Recommendation
x Approve
Resolution
Other: