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10. <br /> <br />11. <br /> <br />residential lot, this and subsequent phases of Apple Ridge, pursuant to the preliminary <br />plat will not be required to pay said $1657.00 per lot charge. <br /> <br />Stormwater Management Fee. The CITY has enacted a Stormwater Management Fee <br />in the amount of $350.00 per lot. A cash payment in the amount of Eight Thousand Four <br />Hundred Dollars and no cents ($8,400.00) (24,lots x $350.00 per lot) is due at the CITY <br />prior to releasing the plat for recording. The stormwater management fee will be utilized <br />for assisting in the construction of a stormwater outlet for Wetland #733W, which the <br />subject development drains into. <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 /> <br />Inspection <br />Street striping and signing <br />Traffic 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) Inspection No charge <br />b) Street striping and signing (2) $240.00 <br />c) Traffic signing (1) $120.00 <br />d) Street lights (5) $4,500.00 <br />e) Street light maintenance & operation for 3 years $1,350.00 <br />f) Street sweeping $300.00 <br />g) Sealcoating $3,200.00 <br />h) Adjusting water shut-off boxes No charge <br /> <br /> I <br /> I <br /> I <br /> I <br /> I <br />I <br />I <br /> I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br /> <br />