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TUESDAY, APRIL 25, 1989 <br /> <br />Mr. Adams is anxious to proceed with this project and, therefore, it <br />is important for Council to make this decision as soon as possible. <br />It is, therefore,. recommended that Council adopt a policy whereby <br />the City would, at its expense, extend water and sewer lines into <br />privately-owned property to serve both homeowner and rental property <br />when City water and sewer lines are in place adjacent to any such <br />housing projects, provided easements are granted to construct, <br />operate and maintain such lines. Such extensions are to be s~bject <br />to the Developer agreeing to sell such housing units at fair market <br />value as determined from comparable sales prices per square foot in <br />the area. It is recommended that this policy be implemented on a <br />trial basis for a period of a year and reviewed at that time as to <br />whether to continue or modify this policy. <br /> <br /> <br />