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~~ ll asked Joe Beikman if the sewer was taken up Slideoff Road, would that cause any problems. Mr. Beikman answered, yes. Bob Smith, Carpenter Realty, told the council he lives in North Madison Crossing and asked if the developers could not get $175,000, would these become rentals. He said he does not want this. He said there was one for sale for $179,900.00 with 1800 square feet and the average price was $1.50,000 for 1500 square feet. Sherry 1Vlilan, a homeowner in North Madison Crossing whose backyard will. be backed up to a condo, told the council she couldn't understand why someone would pay this much for a condo and not buy a home. She also said that Mr. Holloway was the engineer at North Madison Crossing and this development has water problems. She said. she thought mounding would be better than a high fence, but she was adamantly against the project. lVlr. Holloway said these condos were upscale and already eight had been sold for $169,000 and four for $175,000. These condos are marketed to professionals and he thinks Mooresville needs this type of development. The. condos will be owner occupied. Because of price the owner will live in the condo. Mr. Holloway said it would be almost impossible for there to be rules to say their unit could not be rented. Councilman Worthen said there were drainage issues and wanted to know if these issues would be addressed by the developer. Mr. Holloway told the council there were three basins for water retention for 100 year flood. Mrs. Milan asked Mr. Holloway for a lot of mounding and fast growing trees. Mr. Holloway said they could commit to mounding and 2 to 3 inch around trees for the street close to North Madison Crossing. Mr. Holloway said the mounds have to be constructed properly so as not to cause a drainage problem: A question was asked about the maintenance fees. Mr. Dodds said probably $1.00 per unit per month unless the homeowners have to maintain the street. Then the fees would go higher. A motion was made by Councilman Worthen, second by Councilman Clark to approve the rezone from Agriculture to PUD-R. Motion carried 4- 0, with one abstention, Mark Mathis. A motion was made by Councilman Worthen, second by Councilman Clark to approve this project to hook on the sewer per Joe Beikman's specifications. Motion carried 4-0 with one abstention, Mark Mathis. EDC Director Helen Humes presented the CF-1's and told the Council that all were in compliance. A motion was made by Councilman Mathis, second by Councilman Clark to approve all CF-1's that were submitted. Motion carried unanaimously. The businesses are as follows: Carter Lee Building Components Equipment Technologies LinEl Signature (Signature Skylight LLC) Nice-Pak Products, Iuc. Overton & Sons Tool and Die Perry- Fisher Group Riverside Stone Inc. Sun Polymers lnc. Thermocore TOA (USA),LLC (2 forms: original plant/equipment and current expansion) Viking Air Tools (Jack K. Elrod Co. Inc.) Weliever & Sons Councilman Bryant asked if there was anyone in the audience from Boyd Heights Addition. No one answered. He also told the council that the canopy at Biffs Restaurant had collapsed from the heavy snow and they had temporarily repaired with posts. Attorney Tim Cun:ens will send a letter. Animal Control Officer, Mark Taylor, was absent. A motion was made by Councilman Clark, second by Councilman Worthen to approve payment of the claims. Motion carried 5-0.