Council approves up to $940,038 developer reimbursement for 500 East-1700 South, adopts tentative budget
May 11, 2021, 7:00 p.m. · American Fork City Hall, 31 N. Church St.
The American Fork City Council approved a reimbursement agreement of up to $940,038 with Phelon Lakeland LLC for road and utility improvements along 500 East and 1700 South and a development agreement for Meadows at American Fork Phase 2. It adopted a $27.3 million tentative general fund budget, with Councilmember Rob Shelton listing six issues, including a property tax increase, he wants discussed before the final vote June 22.
From the approved minutes.
Decisions at a glance
Agenda, item by item
Item Consent 3 · Subdivision
Furry Tails Transfurmations durability retainer released, 55 E. 400 North
Approved · 5-0
Released the improvements durability retainer.
- Payment$1,191
- Amount released: $1,190.60
Item Consent 4 · Subdivision
Grove Creek Plaza improvements guarantee released, 358 N. 1100 East
Approved · 5-0
Released the construction guarantee and accepted public improvements.
- Payment$30,686
- Amount released: $30,686.00
Item Consent 5 · Budget
Ratification of payments April 28-May 4, 2021, and purchases over $25,000
Approved · 5-0
Routine consent ratification; itemized list not in minutes. Councilmember Barnes abstained on minutes he received late; Councilmember Hunter abstained on minutes of meetings before he joined.
Item Action 1 · Roads and utilities
Reimbursement agreement with Phelon Lakeland LLC for 500 East and 1700 South
Approved · 5-0
Approved a reimbursement agreement with Phelon Lakeland LLC (listed on the agenda as Phelon Lakeside) of no more than $940,038 for system improvements the developer builds along 500 East and 1700 South. No discussion recorded.
- Payment$940,038 to Phelon Lakeland LLC
- Cap: $940,038
Item Action 2 · Development
Development agreement for Meadows at American Fork Phase 2
Approved · 5-0
Approved an agreement with Lakeview Meadows South LLC, Lakeview Meadows LLC and Brad Reynolds Construction Inc. allowing development of Meadows at American Fork Phase 2 and construction of infrastructure defined in the agreement. No discussion recorded; terms not stated in minutes.
- Parties: Lakeview Meadows South LLC, Lakeview Meadows LLC, Brad Reynolds Construction Inc.
Item Action 3 · City code
Building orientation code amendment, Section 17.7.507.F.6
Approved · 5-0
Adopted Ordinance 2021-05-22, a staff-proposed change letting multi-building residential projects face drive aisles, open space, common areas and private drives instead of only public streets, in line with the TOD code.
- Ordinance 2021-05-22
Item Action 4a · Subdivision
Autumn Crest Phase 1 Plat E final plat, about 930 E. 1040 North
Approved · 5-0
Approved the final plat in the R-1-9,000 zone subject to April 21, 2021 Planning Commission conditions.
- Zone: R-1-9,000
Item Action 5 · Budget
Tentative fiscal 2022 budget
Approved · 5-0
Adopted a balanced $27.3 million tentative general fund budget and set the final budget hearing for June 22. Finance Officer Anna Montoya said revenue is projected conservatively at $27.282 million, down from an estimated $28.758 million this year, largely because of one-time CARES Act money. Councilmember Shelton listed six topics for more discussion: a part-time recreation position to rent fields at Art Dye and other parks, the Fitness Center study, the logo and branding budget (the original $38,000 was not enough), a downtown economic development position, a property tax increase and road plan, and using PARC tax to free up general fund money.
- Budget$27.3 million
- General fund: $27.3 million balanced
- Final budget hearing set June 22, 2021
Item Action 7 · Contract
Settlement and lease agreement with ROA General Inc.
Withdrawn
Withdrawn.
What residents said
No one spoke during public comment.