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Home My Public Portal About06.26.89 VB Public Hearing MinutesVILLAGE BOARD OF TRUSTEES Public Hearing DATE: June 26, 1989 AT: Village Hall BOARD MEMBERS PRESENT: M. Latta, W. Sharp, J. Dement, J. Gaylord D. Gullicksen, L. Kelly, D. Lewin. ALSO PRESENT: M. Pusinelli, Village Administrator P. Waldock, Village Planner C. Jania, Deputy Clerk i• Mayor Latta called the meeting to order at 9:32 p.m. Roll call was taken. This is a public hearing regarding the annexation agreement of Lots 2 through 6 of The Lake Subdivision. Mr. Waldock summarized his report to the Board regarding the annexation agreement: The agreement involves five properties at the north end of The Lake Subdivision, Lots 2 through 6. The annexations would specifically bring a large subdivision project located north of this subdivision into adequate contiguity with the present Village limits. The benefit to the Village in terms of revenue generation is listed in the memo dated June 20, 1989. It is estimated approximately $385,000 in annual revenues would be generated by the development in the surrounding area, which could become possible via this annexation, and that would be revenues after full development of The Lakelands and River Ridge Estates. Also there would be $l.l million in fees associated with the two projects. This continuous link could also make possible future growth along the northeastern corridor. J. Dement questioned Item H on Page 4 of the Annexation Agreement regarding private wells and cross connections. Mr. Waldock explained development policy has been to allow private wells to continue. These would be non-potable, they would be for exterior use only. J. Dement stated he feels that if they have our public water supply, that according to our ordinance, they cannot use their private well for potable water. Feels this should be clarified in the agreement. The Board asked M. Pusinelli to check the ordinance and possible came up with some terminology to clarify this in the agreement. There were no comments from the audience. • VILLAGE BOARD OF TRUSTEES Public Hearing June 26, 1989 Page Two W. Sharp moved to adjourn the public hearing. Seconded by D. Lewin. Voice vote. 6 yes, p no. Motion carried. Adjourn: 9:40 p.m. rj Catherine Jania, putt' Clerk i• c: