Laserfiche WebLink
I <br /> I <br /> I. <br /> I <br /> I <br /> I <br />'1 <br /> I <br /> I <br /> I <br /> I <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />10. <br /> <br />Il. <br /> <br />12. <br /> <br />Stormwater Management Fee. The CITY has enacted a Stormwater Management Fee <br />in the amount of $375.00 per lot. A cash payment'in the amount of Six Thousand Three <br />Hundred Seventy Five Thousand Dollars and no cents ($6,375.00)(17 lots x $375.00 per <br />lot) is due at the CITY prior to releasing the plat for recording. The existing homestead <br />on Lot 6, Block 3 is exempt from the stormwater management fee. <br /> <br /> SECTION II <br />STAGE II IMPROVEMENTS AND FINANCIAL GUARANTEES <br /> <br />Stage II Improvements Required. The Stage II Improvements which the CITY <br />requires the DEVELOPER to construct within the Plat are as follows: <br /> <br />a) <br />b) <br />c) <br />d) <br />e) <br /> <br />g) <br />h) <br />i) <br />J) <br /> <br />Inspection ' <br />Street striping and signing <br />Traffic signing <br />Future Through Street Signing <br />Street lights <br />Street sweeping <br />Sealcoating <br />Adjusting water shut-off boxes <br />Maintenance of storm water and facilities <br />Boulevard seeding <br /> <br />(" Stage II Improvements") <br /> <br />Payment for Stage II Improvements. The CITY will install in the Plat the Stage II <br />Improvements. The DEVELOPER shall also deposit an amount that is determined by <br />the CITY to be adequate to aid in .the operation and maintenance ~of street lights in <br />locations within the Plat determined by the City Engineer and installed by Anoka Electric. <br />Cooperative for the first three (3) years after final plat approval. The CITY will bill <br />residents in the Plat at least quarterly for street light maintenance and operation costs; <br />billing will be initiated at the time a residence connects to municipal water and sanitary <br />sewer. The DEVELOPER will pay to the CITY an amount equal to 100% of the City <br />Engineer's estimated construction cost of the items prior to recording of the final~ Plat. <br />The City Engineer's estimated cost of construction is: <br /> <br />a) <br />b) <br />c) <br />d) <br />e) <br />f) <br />g) <br />h) <br />i) <br /> <br />Inspection <br />Street striping and signing <br />Traffic signing (2 ~ $120 ea.) <br />Future Through Street Signing (1 ~ $120 <br />Street lights (4 ~ $1700) <br /> <br />No charge <br />$0 <br />$240 <br />$120 <br />$6800 <br /> <br />Street light maintenance & operation for 3 years (4 ~ $270)$1080 <br />Street sweeping $300 <br />Sealcoating (4,200 sq. yd. ~ $.80) $3376 <br />Adjusting water shut-off boxes No charge <br /> <br />-171- <br /> <br /> <br />