Agenda - Council - 07/23/2002 - Laserfiche WebLink

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-134- Final Plat Wildlife Sanctuary, 2"d Addition July 2002 -- Page 7 of 8 Tree Preservation. The Preliminary Grading Plan identifies existing tree stands and tree preservation areas. According to the Tree Preservation Plan, the lots will be custom gaded in order to save as many trees as the new homeowner desires. The addition of one 2.5 inch dbh tree to the front of each lot needs to be stated on the plan. Sidewalks: A sidewalk will be constructed along the east side of Krypton Street and north side of 1570` Avenue. Trail Development: An eight foot bituminous trail will be constructed parallel to Highway #47 north of 157m Avenue and along the south side of 158t~ Lane, east of Iodine Street connecting south to the north side of Iodine Court then along the side yards between Lots 10 and 11, then south to the plat bounda~ line. The applicant will be responsible for providing a separate document, in recordable form, granting an eight foot wide easement for the trail route outside of the road rift~of-way. Trail Development Fees: The City has established a trail development of $400 per residential lot, in this case a cash payment of $21,600.00 will be required prior recording of the final plat (54 x 400.00 dollars). Stormwater Management: The current stormwater management fee is $375.per unit. There are 54 single family lots proposed for the subject property, therefore there would be $20,250.00 due fof'stormwater management for th_is development. The construction of the storm sewer off-site improvements for the subject property is estimated at One Hundred Seventy Five Thousand Two Hundred Dollars and no cents ($175,200.00), of which this development would be responsible for $33,113.00 (18.9% of the total project cost of $175,200.00); which exceeds the amount that would be collected by ~he City. The City will allow.the use of. the funds due ($20,250.00) for this development when the storm sewer outlet is accepted, in place and operational and the City is provided proof of the financial transaction between the developer and the contractor of the offsite storm water trunk improvement. Costs above the amount owed for the stormwater management fee shall be the responsibility of the developer. The City has requested that lateral storm sewer catch basins be included as part of the offsite storm sewer trunk improvements. This additional cost must be quantified and will remain City responsibility. These lateral costs have been estimated at $22,000.00. Park Dedication: The Park and Recreation Commission recommended park dedication be satisfied through a cash payment consisting of $91,800.00 (54 x $1,700). Park dedication must be paid prior to recording the plat. Trunk Sewer and Water Fees: There is a sewer and water mink fee of $97,956 (54 units x $1,814/unit). During negotiations with City staff regarding the installation of the trunk sanitary