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DEVELOPMENT AGREEMENT - ECHO RIDGE ADDITION <br /> <br />STAGE I IMPROVEMENTS <br /> <br />].mprovements; The Developer shall construct Class 5 improvements as directed by the <br />City Engineer, in accordance with City standards and specifications. These improvements <br />include the alignment and Class $ construction of 177th Avenue N.W. from St. Francis <br />Boulevard N.W. east into the Plat of Echo Ridge a sufficient distance to provide Lots 1, 2, <br />and 3 of Block 1 with 200 feet of frontage and terminating in a temporary cul-de-sac to <br />provide maneuverability for, but not limited to, public safety and emergency vehicles. <br />Improvements shall also inclti~lc' shaping the street and related ditches, grading, <br />backslopes, drainage, and seeding.in accordance with plans required and approved by the <br />City Engineer. The Developer shall be responsible for notifying all affected property <br />owners along 177th Avenue N.W. of thc proposed street improvements at the time said <br />plans are submitted to the City Engineer for approval. The Developer shall be responsible <br />for any expenses associated with the construction of these improvements. The Developer <br />shall restore all disturbed areas as specified by the CiD' Engineer. The Developer shall also <br />provide erosion Control measures during construction. Said improvements shall be <br />completed on or before November 30, 1991. <br /> <br />Variance: The City of Ramsey grants a variance in not requiring hard surfacing of the <br />proposed extension of 177th Avenue Northwest. <br /> <br />Dedication of Drainage and Utility Easements: Drainage and utility easement shall be <br />dedicated to the CITY as shown on the Final Plat. <br /> <br />RestoratiOn: DEVELOPER shall restore all tuff disturbed areas, including ditches, <br />~ading, backslopes, drainage and turf establishment by seeding the ditch areas. Said <br />restoration to include such ad~Iidonal items 'E~ the CITY Engineer may direct. <br /> <br />F/nancial Guarantee: The Developer shall pro,Adc a financial guarantee for the construction <br />of these improvements. This guarantee shall be in the form of cash or City approved Letter <br />of Credit in the amou.n.t of Eleven Thousand Two Hundred Fifty Dollars ($11,250.00) for <br />C_lass 5 and turf restoration improvement_ <br /> <br /> I <br /> I <br /> I <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 />I <br /> <br /> <br />