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EXHIBIT B A developer's agreement be prepared and executed outlining the terms and conditions of approval. Comments contsined in Terry Maurer's memo dated July 1, 1996, be incorporated as part of the approval for final plat. Park dedication requirements be satisfied through both the dedication of land for trail corridors and payment of cash at a rate of $550 per lot. Water availability charge be paid to Elk River Utilities prior to release of the final plat for recording. A surface water management fee be paid for each of the 58 lots within the proposed plat. o A sealcoating fee in the amount determined by the city engineer be paid prior to releasing the final plat for recording. The trail corridor label.ed "Outlot A" be: removed from the plat as it has already been deeded to the city as part of the first addition. o All of the lots within the Wild and Scenic District meet the required setback and lot size requirements. A development plan be prepared and submitted for review by the City Engineer. This plan needs to be approved prior to issuance of building permits. 10. A letter certifying the grading has been completed in accordance with the approved grading plan be submitted and accepted by the City prior to issuance of building permits. 11. Developer install required trails as part of the improvements. The City will either reimburse the developer for the costs associated with trail construction or credit their park dedication payment. 12. The right of way for Riverview Drive be reduced to 60 feet in width. 13. A six foot wide concrete sidewalk be provided along the north side of Riverview Drive from the trail in the southwest corner northeasterly through the entire plat. s:\docu rnent~resoluti\93-4fp.doc Page 7