Agenda - Council - 07/12/2016 - Laserfiche WebLink

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surveyor, must be provided to the CITY documenting that the flattest grade on this lot is 1% or greater will require certificates of grading; and (d) boulevard sod and landscape tree, or escrow for same, have been provided. 27. Parkland and Trail Dedication. The Subject Property is located in the Greenland Hills District. Per the Master Development Agreement, the CITY and the DEVELOPER have negoitated a Park and Trail Dedication Agrreement with the CITY approving to enter into the agreement on April 27, 2004. In accordance with the Park and Trail Dedication Agreement, there are no park dedication or trail development fees owed on this Ramsey Town Center 2nd Addition. The CITY will not release the mylars for recording until the Park and Trail Dedicaiton Agreement is executed. If the Park and Trail Dedication Agreement is not executred, the CITY may release the mylars for recording if the CITY receives a cash escrow for Park Dedication fees in the amount of $226,000 (103 units x $2200 per unit) d Trail Development Fees in the amount of $56,500.00 (103 units x $550.00 per unit). This rn- • will be released by the CITY once the Park and Trail Development Agreement is exec' 28. Sidewalk Construction. The DEVELOPF- _ .r __i� ,;onstruct and pave, in accordance with CITY standards, a five (5) foot wide cor .e walk with pedestrian ramps in locations prescribed by the CITY, not to exceed 5% .,i(a• v, " _ construction will occur along Peridot St. NW, Olivine St. NW, and 146th Ave. ' y, costs associated with sidewalk construction are not eligible as a credit towar? of Al Development Fees and/or Park Dedication requirements due on the Plat. 29. Notices. Required notir ttif DEVELOPER shall be in writing, and shall be either hand delivered to the DF' PER, its employees or agents, or mailed to the DEVELOPER by certified or re' __ -t.: mail at the following address: Ramsey Town Cent' 4200 Central Ayr' ri r Minneapolis, r st; ,21 Notices to the CITM Jiall be in writing and shall be either hand delivered to the CITY Administrator, or mailed to the CITY by certified mail or registered mail in care of the CITY Administrator at the following address: CITY Administrator CITY of Ramsey 15153 Nowthen Boulevard NW Ramey, Minnesota 55303 Ramsey Town Center 2nd Addition Development Contract Page 11 of 13 Pages