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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: January 3, 2005 (for January 12, 2005 City Council Meeting) Subj: A public hearing to accept comment on an Assessment Reimbursement Contract affecting certain properties located in a portion of Mountain View Road Recommendation Staff recommends adoption of Ordinance No. 824 authorizing the Mayor to enter into an Assessment Reimbursement Contract (latecomer agreement) relating to Water improvements in a portion of Mountain View Road, and adoption of Ordinance No. 825 authorizing the Mayor to enter into an Assessment Reimbursement Contract (latecomer agreement) relating to Sewer improvements in a portion of Mountain View Road. Background The applicant Project Fore, as a requirement of the Buckhorn Estates preliminary subdivision approval, has installed water and sewer facilities in a portion of Mountain View 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 Project Fore, 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. 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.