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ii. No credit for land acquisition. <br />iii. Actual construction costs at $50 per lineal foot, plus actual cost for other necessary <br />costs, limited to retaining walls (the $50 per foot includes ancillary costs). <br />iv. 5 benches on slabs, at a not -to -exceed cost of $9,600. <br />v. The City responds with the standard hold harmless agreement for public use, in favor <br />of Capstone Homes and associated Home Owners Association. <br />b. Pearson Park <br />i. Actual construction costs pursuant to `Alternative2' as detailed in the May 23rd City <br />Council meeting and June 8th Park and Recreation Commission. <br />ii. Unique, predominately Nature -Based Recreation Facility to be defined as part of Final <br />Plat, subject to the approval of the Parks Superintendent. <br />iii. Total not to exceed Park Dedication Credit amount of $275,300. <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />, and upon vote being taken thereon, the following voted in favor thereof: <br />and the following voted against the same: <br />and the following abstained: <br />and the following were absent: <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this 13th day of <br />June, 2017. <br />ATTEST: <br />City Clerk <br />Mayor <br />RESOLUTION #17-06-144 <br />Page 3 of 3 <br />