6.14. SR 10-17-2005
Item 6.14.
MEMORANDUM
TO: Mayor and City Council
FROM: Scott Clark, Community Development Director C;V
DATE: October II, 2005
SUBJECT: Waiver of Letter of Credit for School District
Action for Consideration
Independent School District 728 has requested a waiver to the letter of credit requirements
for the East Elk River Elementary School project (see attached letter dated October 10,
2005.).
Background
Approximately two years ago the Building Division instituted a policy that any new building
permit ( except single family residential) requires a letter of credit to ensure that minor site
issues are corrected, e.g. finalizing landscaping plans, internal sidewalks, other physical
improvements, grading corrections, etc. The letter of credit was established as the source of
remedy since the other leverage tool for corrections, a certificate of occupancy, is viewed as
tying back to building deficiencies, not site issues. The letter of credit is calculated at 3% of
building value up to a maximum of $50,000. It is the intention of the staff to bring this letter
of credit requirement to the Council at a future date to formalize it as part of the Zoning
Ordinance.
Recommendation
Since this is an internal policy, a simple motion by the Council provides necessary
direction to staff and no findings or resolution is necessary.
S:\PLANNING\Scott Qark\ Waiver of LOC for School District.doc
Independent School District
ADMINISTRATION OFFICES
815 Highway 10
Elk River, MN 55330
728
~
DR. ALAN JENSEN
Superintendent of Schools
(763) 241-3400 Fax (763) 241-3407
-- -
==-::::=
- - - -
- - - -
- - --
- - --
- - --
- - --
- - --
- - --
- - --
- - - -
- - - -
- - - -
n
\.,
1 2 2005
October 10, 2005
VIA FACSIMILE AND U.S. MAIL
Mr. Scott Clark
Community Development Director
City of Elk River
13065 Orono Parkway
Elk River, MN 55330
RE: East Elk River Elementary School
Dear Mr. Clark:
On behalf of Independent School District #728, I hereby request a waiver of the Letter of
Credit requirement for the East Elk River Elementary School project.
Please contact me at 763/360-2539 if you have any questions.
Sincerely,
~~ &~/ahy
Ron Bratlie, Ed.D.
Director of Special Projects