Minutes - Council - 04/27/1993 - Laserfiche WebLink

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I I I I I I I I I I I I I I Case g2,: Request for Final Plat Approval of Amber Ridge; Case of Gary Gorham and Tony Emmerich Zoning Administrator Frolik stated that Mr. Gary Gorham and Mr. Tony Emmerich are requesting final plat approval of Amber Ridge. The proposed plat consists of approximately 61 acres located on the east side of T.H. g47, adjacent to River's Bend. The property is proposed to be developed with approximately 123 single family urban residential lots. She explained there are also some lots that back up to non-protected wetlands that do not meet the City's policy of containing 10,800 square feet above the wetland. The City Council waived the 10,800 square feet of area above the wetland policy because the wetlands are periodically dry and have upland vegetation on them. Acquisition of Ouflot A in Rivers Bend is necessary for Lots 7 and 8 of Block 4 to meet minimum area requirements and continuance of the trail corridor. All the lots in the plat would have access from interior streets. Extension of trunk sewer is necessary to service lots in the northwest comer of the plat. The Developer has agreed to extend the trunk sewer and will be given credit for the cost of same against the amount of trunk sewer and water charges due on the plat. The drainage and grading plan has been forwarded to the Lower Rum River Water Management Organization for review and permitting. If they determine that additional~drainage easements are needed, the developer will be responsible for providing those easements in separate, reeordable documents. Park dedication will consist of constructing eight foot wide pedestrian walkways running north and south through the plat to connect with existing park areas in the district. A majority of the walkway would be adjacent to, Highway//47 and the developer will be constructing a six foot landscaped berm to buffer the walkway and residential uses from Highway//47. The developer will receive park dedication credit for all eligible trail property in accordance with City Code and the value of-the constructed improvements. Ms. Frolik stated that the proposal for Amber Ridge has progressed thus far on the understanding that the installation of the improvements would be privately financed with no City participation. City Code establishes the methods by which the developer must provide financial guarantees for the various elements of a subdivision development for both private and public projects. In private projects, the f'mancial guarantee requirements for Stage I is that the developer place, s a financial guarantee with the City in an amount equal to 125% of the City Engineer s estimated cost for the improvements. This guarantee must be in the form of cash or a letter of credit~ The developers of Amber Ridge have expressed concern that the financial guarantee requirement is unreasonably excessive to the point of making a project prohibitive. Motion by Councilmember Peterson and seconded by Mayor Gilbertson to adopt Resolution g93-04-059 granting final plat approval to Amber Ridge contingent upon compliance with City Staff review letter dated April 21, 1993, resolution of necessary financial guarantees and the developer entering into a development agreement with the City. Motion carried. Voting Yes: Mayor Gilbertson, Councilmembers Peterson and Zimmerman. Voting No: None. Abstain: Councilmember Hardin. Absent: Councilmeinber Beyer. Motion by Councilmember Hardin and seconded by Mayor Gilbertson to refer the issue of Stage I sm.ety amounts in the case of private developments as it relates to recent changes in banking laws. Motion carried. Voting Yes: Mayor Gilbertson, Councilmembers Hardin, Peterson and Zimmerman. Voting No: None. Absent: CouncilmemberBeyer. City Council/April 27, 1993 Page 5 of 7