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SU: "] V iS ' OI;.. , 'r~ .. G.. L-, ,' '-'. OI,..'~ OLJ ..... ~ L ~ ,,~-' <br />Page6 <br /> <br />5. Finarcial/Perfor~,.,ance Guarantees <br /> <br />-"the regulations may permit the municipality to conUition its approval <br /> on the construction and installation of sewers, streets, electric,gas, <br /> drainage, and water facilities, and similiar utilities and improvements <br /> or, in lieu thereof, on the receipt by the municipality of a cash <br /> deposit, certified check, irrevocable letter of credit, or bond in an <br /> amount and with surety and conditions sufficient to assure the <br /> municipality that the utilities and improvements will be constructed or <br /> installed according to the specifications of the municipality" <br /> <br />6. Special Provisions <br /> <br />-P.U.D.'s <br />-Extraterritorial subdivision regulations <br />-Solar protection/orientation regulations <br />-Lot Split divisions <br />-Railroad and Highway impact <br />-Access to arterial street <br />-Postponded construction of improvements <br /> <br />7. Future Trends/Issues of Subdividing <br /> <br />-Greater involvment by State <br /> .mandating adoption and enforcement of subdivision regulations <br /> .increased requirement of protecting critical areas <br /> .requiring proof of water and sewer facilities before subdivisions <br /> are approved '~ <br /> <br />-County/City in~olvment <br /> · greater attention to timing and/or phasing of development <br /> · greater attention to fiscal impacts <br /> <br />-Providing opportunities for low and moderate income persons <br /> ."inclusionary" regulations <br /> <br />8.Recent Minnesota Law Chanoes <br /> <br />-Subdivision regulations <br /> .effects metes and bounds parcels <br /> · repeals existing law relating to the definitions of platting authority. <br /> the procedure for extraterritorial application of subdivision regulation~ <br /> by cities, the law relating to the term of subdivision regulations, and <br /> the law relating to the process of plat approval· New provisions are <br /> enacted on these subjects! <br /> <br /> <br />