Agenda - Planning Commission - 01/08/2015

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(d) Development permit. (1) Following site plan approval and prior to construction of any required site improvements, the applicant shall enter into a development permit with the city. This permit shall require the applicant to construct all improvements on the site at the applicant's sole expense, unless otherwise approved by city council, and in accordance with city plans and specifications. The developer shall sign the permit and deposit any required escrow with the city prior to receipt of any building permits and will complete all improvements permitted by the development permit within one year of the date of site plan approval unless otherwise approved by council. Thereafter, the council may extend the period upon written application by the developer, subject to applicable performance conditions and requirements, or the council may require submission of a new site plan application. (2) Said contract shall reaffirm that the city will be reimbursed for all costs incurred by the city for processing and administration of the application. (3) To ensure that the site is developed in accord with the approved plans and city specifications, the applicant shall provide a cash escrow, certificate of deposit, letter of credit from an acceptable financial institution, performance bond, or pledge and payment. The financial security shall be in an amount which equals 150 percent of the estimated construction cost of all required city improvements (as estimated by the city engineer) as outlined in this chapter exclusive of the cost of the actual building to be constructed on the site. The financial security required herein may be used by the city to install or complete any of the city's required on-site improvements in the event the applicant fails to do so. Upon request by the applicant, the city may release the financial security in partial payments on a pro rata basis as the various on-site improvements are completed to the satisfaction of the city engineer. Upon final approval by the city engineer certifying that all on-site improvements have been completed in accordance with the development agreement and city standards, the remaining financial security shall be released to the applicant. The permit shall also provide that it is binding on all heirs, assigns, and successors of the applicant. A copy of the permit shall be kept on file as part of the permanent record of the site. (e) Exceptions. (1) Administrative site plan review. Expansion of an existing commercial or industrial building that meets all minimum standards of the applicable zoning district and matches and/or complements the exterior design, materials and treatments of the existing building shall be exempt from the standard site plan review process and rather be reviewed as part of the standard Building Permit review process. a. Submittal information shall be the same as outlined in (b) (1) and (2) above. b. An applicant shall provide evidence or copies of applicable permits from outside agencies prior to issuance of the Building Permit.