Agenda - Council - 07/23/2019 - Laserfiche WebLink

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be equal to two and a half percent (2.5%) of the estimated cost of the Required Improvements, which equates to Seven Thousand One Hundred Thirty Three Dollars and No Cents ($7,133.00) (2.5% x $285,336.29). Upon completion of the Required Improvements to the satisfaction of the CITY, any surplus balance remaining in the CITY' s escrow account shall be refunded to the PERMITTEE. 11. Development Fees. It is assumed that all applicable development fees were satisfied at the time of platting of the Subject Property. However, the Lower Rum River Watershed Management Organization requires projects to infiltrate the first inch of rainfall to reduce volume entering the City's regional stormwater system. Due to the materials handled on site, the Minnesota Pollution Control Agency will not allow infiltration on the Subject Property. Therefore, in lieu of constructing an infiltration basin, the PERMITTEE must contribute to the City's regional system for infiltration to accomplish this requirement. The PERMITTEE is responsible for a contribution of Seven Thousand Seven Hundred Thirty Five Dollars and No Cents ($7,735.00). SECTION II PERMITS AND OCCUPANCY 12. Requirements for Building Permits. No building permit for any lot in the Plat shall be issued until: (a) a Class 5 driving surface is installed to within 300 feet of the structure; (b) site plan approval is granted by the CITY and any expense incurred in giving site plan approval has been reimbursed to the CITY; (c) the Building Official has been provided with a copy of the approved site plan, signed by a registered architect or surveyor, showing all dimensions to scale; (d) the Plat has been recorded at Anoka County Property Records, (e) a Lower Rum River Watershed Management Organization Permit has been obtained, The CITY reserves the right to suspend all building activities upon the CITY being notified by an outside agency that the appropriate permit(s) was not obtained from the applicable agency. Approval of the building foundation requires a certificate of elevation signed by a licensed (State of Minnesota), professional land surveyor, verifying that the elevation is in accordance with the approved grading plan for the Plat. Foundation approvals will require a certificate of elevation verifying that the actual elevation is in compliance with the approved grading and drainage plan. The lowest floor elevation shall be at least two (2) feet above the 100 year elevation. No occupancy permit for any lot in the Plat shall be issued until: (a) vehicular access to the lot is provided including the installation of at least one layer of bituminous surfacing; (b) all utilities are in place, operational and accepted by the CITY; (c) for lots that have a slope of less than 2%, a certificate of grading, prepared by a licensed (State of Minnesota), professional land surveyor, must be provided to the CITY documenting that the flattest grade on this lot is 1% or greater will require certificates of grading. SECTION IV LANDSCAPING 13. Maintenance Guarantee for Landscaping. It is herein agreed that the PERMITTEE shall provide a maintenance guarantee to ensure the survival of the plantings. Said maintenance guarantee shall consist of cash or a letter of credit, approved as to form by the CITY, in the amount of Two Thousand Two Hundred Five Dollars and No Cents (2,205.00) [# plantings (16 trees) x cost/planting ($300/tree) x 30% average non -survival rate; (34 shrubs) x cost/planting $75/shrub) x 30% average non -survival ACE Solid Waste, Inc. Development Agreement Page 3 of 6