Agenda - Council - 05/12/2015 - Laserfiche WebLink

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Review File: Final Plat Review May 7, 2015 Ridgepoint Page 4of 6 Approval of the proposed plat would eliminate Tungsten Street Area Local Road Option B from further consideration. Development Fees: Park Dedication, Trail Development, Sanitary Sewer Trunk, Water Trunk, and Stormwater Management Fees shall be due on the Plat. These fees are collected at the time and at the rate the Final Plat is recorded. Sanitary Sewer and Water Lateral Benefit Fees are not required, as these services are proposed to be built as part of the development (not connecting individual services to existing water and sewer system). The Park and Recreation Commission shall review and make a recommendation regarding Park Dedication and Trail Development Fees. At this time, Staff recommends that a cash contribution be used to satisfy Park Dedication and Trail Development requirements. Mississippi River Trail. The City of Ramsey, in coordination with the City of Anoka, has approved the Mississippi River Trail project that impacts this site. Construction of the project has already commenced. The trail was made possible by a Federal grant. As the grant has been awarded, as well as the contract for construction, it is not feasible to make changes to this improvement project at this time. The trail is proposed to be modified from the plans for the MRT. The proposed Plat does preserve an adequate corridor for trail purposes. However, the proposed Preliminary Plat does propose to introduce fill to create buildable pad sites. This will create significant grade differentials between the proposed lot grades and the elevation of the Mississippi River Trail. This will likely result in the need of some sort of retaining wall, as shown on the plans. Development Agreement: A Development Agreement shall be required outlining Stage I and Stage II Improvements (public improvements such as streets, trails, and utilities), performance sureties, inspection fees, process, and timelines. Request for Assessment Agreement. The Applicant has indicated that they would desire to request that the Stage I and Stage II Improvements be constructed as a City Improvement Project and assessed back to the benefitted properties. Staff has discussed the scenario with the City Attorney, the City Engineer, and Finance Director. An Assessment Agreement shall be required as part of the Development Agreement noted above. Details of this Assessment Agreement shall be included as part