Agenda - Council - 12/12/2000 - Laserfiche WebLink

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-264- STAGE I IMPROVEMENTS AND FINANCIAL GUARANTEES 1. City Code Compliance. That the DEVELOPER Mit develop the Plat in accordance with the applicable provisions of City Code, Section 9.50, entitled "Subdivision". 2. Conformance with Plan. The Plat shall be developed pursuant to the final plat for Holiday Acres consisting of one sheet prepared by Pioneer Engineering. 3. Compliance with City Code. That the recitals above and the applicable. provisions of the City Charter, Subdivision Code, Zoning Code and Public Improvement Code of the CITY as amended to date hereof, are incorporated herein by reference. 4. Stag..e I Improvements. Stage I Impro.vements shall consist of sanitary sewer, municipal water, storm sewer and. the extension of the raised median on Xkimo Street. The installation of these Improvements shall be established as a term of the Development Permit entered into with the CITY for the development of the property subsequent to obtaining site plan approval from the City Council. 5. Access From Trunk Highway #47. The DEVELOPER herein agree that right- of-access along T.H. #47 adjacent to Lot 1 and Lot 2, Block 1, Holiday Acres shall be dedicated to the State of Minnesota. 6. Pedestrian/Bicyclist Path. The DEVELOPER agrees to construct, in accordance with City standards, an eight (8) foot wide bituminous pedestrian/bicyclist path, not to exceed 5% in grade nor 2% cross sectional, parallel to T.H. #47. Due to the additional fight-of-way for State Highway 47 that was obtained from this property, the majority of the trail near Lot .1 will need to be built in' the State right-of-way. The DEVELOPER agrees to get ali 'necessary permits to construct and maintain the path and any landscaping installed as part of the development prior to work within the State right- of-way. The DEVELOPER shall, also provide approved turf establishment in conjunction with the path construction within the subject Plat similar to that which is approved for the building site. The remainder of the path to be constructed upon the Plat shall be constructed within a twenty (20) foot easement that has been deeded to the CITY in recordable form. The DEVELOPER agrees to construct the portion of the path located on Lot 2 at the time the lot is developed. The construction plans for said path are subject to the prior approval of the City Engineer. o Stormwater Management Fee. The CITY has enacted a Stormwater Management Fee in the amount of Three Thousand Six Hundred Dollars and -Fifty Eight ($3,658.00) per commercial acre. The amount of Stormwater Management Fee due on Lot 1 is Five Thousand One Hundred Twenty One Dollars and Twenty Cents ($5,121.20) (1.40 acres x $365.8/acre). A cash payment will be required prior to the CITY releasing the Plat for recording at the County and will be utilized towards storm sewer improvements on 149th Avenue N.W. I I I I I I I I I i I I I I I I I I