Amador County – The Plymouth City Council approved a “processing agreement” with the city’s biggest potential developer last week, with the aim to increase deposits and decrease city spending before reimbursement. The council voted 3-0 to approve the agreement with Reeder Sutherland, which is working on the Shenandoah Ridge and Zinfandel housing developments in Plymouth. Reeder had discussed the agreement with city staff and had already signed it when the council considered it last Thursday. Community Development Director Barry Siebe recommended changing the existing 2007 reimbursement agreement, which “has left the city with a burden of unpaid expenditures when applications stall.” He said considering actual costs for applications and “oversight and management of consultants” led to “the development of a different approach which requires advancement of funds prior to authorization of work” to be done for the developer. It also considered “financial coverage of previously unconsidered cost.” Siebe said the agreement “requires funds on deposit to be held above a particular level” of $20,000 “prior to authorization for any work to begin or continue.” The agreement also allows for the payment of an “administration charge” of 15 percent of the cost to pay consultants or city staff for work on the projects. The payment is to the city “for administering and overseeing the work.” Councilman Jon Colburn asked to be able to read the agreement, and Vice Mayor Greg Baldwin called a recess, then they reopened the meeting and with Councilman Mike O’Meara voted approval. Mayor Pat Fordyce and Councilwoman Pat Shackleton were absent. The council also heard from County Assessor Jim Rooney, who told them that his office has contacted more than 3,500 homeowners, but had not reached all people. He said if people think their assessment is too high, they should call his office. He said the economy was slowly on the way back, but had to level off or go negative before it rebounds. He said county home values were a little low now, but they “were just too high” 4 or 5 years ago, when homes sold for as much as $600,000. He said that is the equivalent of $500 a month in property taxes. The Plymouth City Council next meets June 10th. Story by Jim Reece This email address is being protected from spambots. You need JavaScript enabled to view it.
Tuesday, 01 June 2010 06:11
Plymouth OKs Process Agreement With Reeder Sutherland
Amador County – The Plymouth City Council approved a “processing agreement” with the city’s biggest potential developer last week, with the aim to increase deposits and decrease city spending before reimbursement. The council voted 3-0 to approve the agreement with Reeder Sutherland, which is working on the Shenandoah Ridge and Zinfandel housing developments in Plymouth. Reeder had discussed the agreement with city staff and had already signed it when the council considered it last Thursday. Community Development Director Barry Siebe recommended changing the existing 2007 reimbursement agreement, which “has left the city with a burden of unpaid expenditures when applications stall.” He said considering actual costs for applications and “oversight and management of consultants” led to “the development of a different approach which requires advancement of funds prior to authorization of work” to be done for the developer. It also considered “financial coverage of previously unconsidered cost.” Siebe said the agreement “requires funds on deposit to be held above a particular level” of $20,000 “prior to authorization for any work to begin or continue.” The agreement also allows for the payment of an “administration charge” of 15 percent of the cost to pay consultants or city staff for work on the projects. The payment is to the city “for administering and overseeing the work.” Councilman Jon Colburn asked to be able to read the agreement, and Vice Mayor Greg Baldwin called a recess, then they reopened the meeting and with Councilman Mike O’Meara voted approval. Mayor Pat Fordyce and Councilwoman Pat Shackleton were absent. The council also heard from County Assessor Jim Rooney, who told them that his office has contacted more than 3,500 homeowners, but had not reached all people. He said if people think their assessment is too high, they should call his office. He said the economy was slowly on the way back, but had to level off or go negative before it rebounds. He said county home values were a little low now, but they “were just too high” 4 or 5 years ago, when homes sold for as much as $600,000. He said that is the equivalent of $500 a month in property taxes. The Plymouth City Council next meets June 10th. Story by Jim Reece This email address is being protected from spambots. You need JavaScript enabled to view it.Latest from
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