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Council weighs park-and-basin phasing as developer offers excavation help for Community Pond Park
Summary
Council discussed a $4.2M project to relocate a pond/basin and build a park, a developeroffered to cover $1.5M in excavation tied to a $3M purchase offer, and staff warned that grant reimbursements (NRCS and others) and final design ($~2.2M estimate) affect timing; council directed staff to pursue design options and return with numbers.
Council members on Wednesday reviewed updated cost estimates and funding options for the Community Pond Park and related stormwater basin, including a developer proposal that could shift excavation costs off the city's immediate balance sheet.
Staff said the engineerestimate (dated 10/2/24) focuses on the cityportion of required storm-drain and park work; prior work already spent by the city (roughly $500,000) is additional to the current estimate. The estimate does not, staff said, include some previously approved items unless specifically listed.
During the meeting a council member described a developer conversation in which the developer(now negotiating…
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