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IV. Proof of ownership or interest in the property. <br /> <br />do <br /> <br />A develOpment co'n~ract shall be prepared to be entered into by the appli- <br />cant with and for the City~ The development contract shall include <br />a performance agreement, as to approved site improvements, with an escrow <br />amount to be determined by the City, that the subject property will <br />be constructed, developed and maintained in conformance with the plans <br />specifications and standards. Acceptable financial instruments <br />include cash escrow, certificate of deposit, letter of credit from a <br />financial institution, and performance bond. .A detailed cost breakdown <br />of site improvements is required. A copy of the contract shall be kept <br />on file as part of' the permanent record of the applicant and a copy shall <br />be recorded as part of' the deed of the property at the Anoka County <br />Registrar of Deed's office at the applicant's expense. If the business <br />is sold, any new owner(s) shall automatically become responsible and <br />liable for all terms and conditions of said development contract. <br /> <br />The secretary of the planning & zoning commission shall refer the <br />matter to the planning & zoning commission by placing the application <br />upon the agenda of the commission's next regular meeting; provided, <br />however, that the secretary may,,with the approval of the planning & <br />zoning commission's chairperson, place the application on the agenda <br />for a special meeting of the planning & zoning commission. <br /> <br />The city engineer shall ascertain by investigation or inspection what <br />on-site and off-site improvements are in, or provided for. He shall <br />consider each item as grading, gravel base, blacktop, boulevard Sodding, <br />sidewalk, curb and gutter, drainage,~parking a~ea, san. itary sewer, storm <br />sewer, catch basins, sewer connections, water'mains, wells, property <br />line curbs, buffer zones, and other items of a like nature including <br />street, alley, utility and drainage easements. The city engineer shall <br />report his findings to 'the planning-~& zoning commission'-prior to the <br />commission's review of the application. <br /> <br />The applicant or his agent shall appear at the meeting of the planning <br />& zoning commission and city council meeting to answer questions regarding <br />his proposal and to furnish such information as may be required. <br /> <br />h. The planning & zoning commission shall review the application. It shall <br /> be the duty of the planning & zoning commission to determine whether the <br /> building design and site plan conform with or exceed the standards estab- <br /> lished by this chapter. The decision of the planning &.~zoning commission <br /> with regard thereto, together with its recommendations, shall be included <br /> in its report to the city council. If the planning & zoning commission <br /> disapproves the application, the commission shall prepare in writing a <br /> finding of fact for such disapproval. <br /> <br />i. The developer shall submit Eleven (11) revised copies of the plans if <br /> the planning & zoning commission recommends any changes. <br /> <br />After the city council receives .the report of the planning & zoning <br />commission, the council shall act to approve or disapprove the building <br />design and site plan. If the city council shall disapprove the application <br />for building design and site plan approval, grounds for any such disapproval <br />shall be set forth in writing in a finding of fact and reported to the <br />applicant. <br /> <br /> <br />