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Latecomer stf report City of Yelm STAFF REPORT   To: Mayor Adam Rivas Yelm City Council From: Tami Merriman, Assistant Planner Date: August 15, 2005 (for August 24, 2005 City Council Meeting) Subj: A public hearing to accept comment on an Assessment Reimbursement Contract affecting certain properties located in NP Road and a portion of Wilkensen Road. Recommendation Staff recommends adoption of Ordinance No. 834 authorizing the Mayor to enter into an Assessment Reimbursement Contract (latecomer agreement) relating to Water improvements in NP Road and a portion of Wilkensen Road, and adoption of Ordinance No. 835 authorizing the Mayor to enter into an Assessment Reimbursement Contract (latecomer agreement) relating to Sewer improvements in NP Road and a portion of Wilkensen Road. Background The applicant Mountain Sunrise LLC, as a requirement of the Mountain Sunrise preliminary subdivision approval, has installed water and sewer facilities in NP Road, and a portion of Wilkensen Road, at their own cost and expense. The adjoining properties when developed will have the benefit of connection to these lines. The Assessment Reimbursement Contract provides reimbursement to Mountain Sunrise LLC, a fair pro rata share of the cost of construction of these facilities. The Community Development Department has reviewed the reimbursement area as proposed by the applicant, and the cost apportionment method and has made the determination that they are correct and fair. The water and sewer lines have been installed, and approved and accepted by the City. Public notice of this hearing was originally posted in the Nisqually Valley New on July 29, 2005, and mailed to all affected property owners on July 27, 2005. The revised public hearing notice was published in the Nisqually Valley News on August 19, 2005, and mailed affected property owners on August 2, 2005. The agreement will be in effect for no longer than 15 years. The City shall deduct ten percent (10%) from the collected reimbursed amount as a fee for administering the terms of this agreement. Current Situation Chapter 35.91 of the Revised Code of Washington, and Chapter 13.12 Yelm Municipal Code provides the authority for the City to enter into the contract for reimbursement.