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Case #9: <br /> <br />Request for Final Plat Approval for Town Center 4th Addition; Case of <br />Ramsey Town Center, LLC <br /> <br />Community Development Director Frolik advised that the City is in receipt of a final plat for <br />Ramsey Town Center 4~h Addition. The development will plat one buildable lot for an office <br />building for Jim Deal. The subject property is located at the comer of Sunwood Drive and <br />Peridot Street. She stated the City Council approved the preliminary plat for Ramsey Town <br />Center 4th Addition on June 22, 2004. The plat is proposing to plat one buildable lot and one <br />outlot. Lot I is 1.23 acres in size and is zoned TC-3. The property is bordered by Sunwood Drive <br />to the south, Rhinestone to the west, and 145th Street to the north. The City received a site plan <br />by Sharp and Associates to develop a 43,168 square foot office building on Lot 1. The <br />preliminary site plan was approved by the City Council on June 22, 2004. A final site plan <br />review of the development will be considered at the July 27, 2004 City Council meeting. The <br />final site plan approval will review the drainage, grading, utility, and street plans. The final site <br />plan case wi 11 also contain the Secondary Development Agreement as required under the Ramsey <br />Town Center Master Development Agreement. She stated the applicant would like the City <br />Council to consider approval of the final plat at this time to expedite the plat recording process. <br />Staff finds this acceptable due to the simple nature of the plat and the fact that the final site plan <br />will be reviewed on July 27, 2004. She noted that the City will not release the plat or building <br />permit until the final site plan approval is given, the development agreement is executed, and all <br />applicable fees are paid. Given the time lag for County plat review and the time it takes to <br />prepare the final plat mylars used for recording, the applicant 9could like to get a two week head <br />start. <br /> <br />Community Development Director Frolik stated the final plat has been revised to show a 58-foot <br />wide right-of-way for 145th Avenue as approved by the Board of Adjustment on July 1, 2004. <br />The final plat also shows an additional two feet of right-of-way for Sunwood Drive as requested <br />by the City. This additional right-of-way will allow for proper maintenance of the sidewalk and <br />streetscape along Sunwood Drive. Payment of stormwater, sewer, and water trunk fees will be <br />required prior to release of the plat for recording. <br /> <br />Pursuant to the Master Development Agreement between the City and Ramsey Town Center <br />LLC, a separate parks agreement between the two parties has been agreed upon. The Park and <br />Trail Dedication Agreement stipulates that land and cash payments will be made to cover the <br />Park Dedication and Trail Development obligations by Ramsey Town Center; therefore, no Park <br />and Trail Dedication or fees are required as part of this plat. However, Ramsey Town Center <br />LLC has not executed the Park and Trail Dedication Agreement. Without the executed <br />agreement fi'om Ramsey Town Center LLC, the City will require an escrow in an amount equal <br />to normal Park and Trail Dedication fee amounts prior to the release of the final plat for <br />recording. Once the Park and Trail Dedication Agreement is executed by Ramsey Town Center <br />LLC, the City will release the escrow for Park and Trail Fees. <br /> <br />Community Development Director Frolik reiterated that this development will still need to <br />receive final site plan approval prior to issuance of a building permit and plat release. The final <br />site plan will review the outstanding issues related to the development including landscaping, the <br /> <br />City Council/July 13, 2004 <br />Page 16 of 24 <br /> <br /> <br />