THE CITY OF MONTICELLO, IOWA
RESOLUTION #14-50
To approve proposed storm water cost share agreement between
The City of Monticello and Tim Cox and Jerry Retzlaff.
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
WHEREAS, The City of Monticello previously enacted a storm water management ordinance to be used by the City for City storm water related purposes, and/or to be used as a cost share with private property owners on storm water related projects, and
WHEREAS, The City Ordinance provides that the City contribution in a private project may not exceed 50% of that project cost, and
WHEREAS, neighbors Jerry Retzlaff and Tim Cox have submitted a request for City cost share in the re-construction and re-shaping of the bottom and banks of the 6th Street Ditch adjacent to their properties, as well as the inclusion of engineering fabric and rip-rap where the channel passes through their property as appropriate, and
WHEREAS, The estimate provides a not to exceed cost amount of $8,025, of which one-half, or $4,012.50 would be the maximum potential City Cost, and
WHEREAS, The Council finds that the project as proposed is an appropriate project for the City to participate in under the storm water management ordinance, and further finds that the City should share in 50% of the project costs when finally invoiced in an amount not to exceed 50% or $4,012.50, whichever is less.
NOW THEREFORE BE IT RESOLVED by the City of Monticello, through its’ City Council, in session this 21st day of April, 2014, does hereby approve the request for City storm water cost share, and agrees to invest an amount equal to 50% of the project costs as proposed, not to exceed $4,012.50, same to be paid upon final project completion and invoicing.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed. Done this 21st day of April, 2014.
Dena Himes, Mayor
Attest:
Sally Hinrichsen, City Clerk