11-15-2004 CC MIN - Laserfiche WebLink

Home Browse Search

City Councill\iIinutes November 15, 2004 Page 4 --~_.------------------------ 4. APPLICANT PAY $92,000 INTO AN ESCROW ACCOUNT FOR STREET REDEVELOPMENT FOR THE GENERAL AREA OF 6TH, 7TH, 8TH STREETS AND IRVING AVENUE. 5. $15,000 BE PAID FOR RESTRIPING OF JACKSON AVENUE. 6. PARK DEDICATION FEE AT THE CURRENT RATE AT THE TIME OF FINAL PLAT PER UNIT FOR THE ADDITIONAL 23 UNITS TO BE BUILT BE PAID. 7. APPLICANT EXECUTE A PUD AGREEMENT INCORPORATING THESE FINDINGS AND CONDITIONS IN ORDER FOR THE PUD ZONING CHANGE TO BECOME EFFECTIVE. MOTION CARRIED 4-0. --------.------ MOVED BY COUNCILMEMBER MOTIN AND SECONDED BY COUNCILMEMBER TVEITE TO APPROVE A CONDITIONAL USE PERMIT TO RIVERSIDE PROPERTIES BASED ON THE FOLLOWING CONDITIONS: 1. A DEVELOPERS AGREEMENT BE PREPARED AND EXECUTED OUTLINING THE TERMS AND CONDITIONS OF THE PLAT APPROVAL PRIOR TO RELEASING THE PLAT FOR RECORDING. 2. SURFACE WATER MANAGEMENT FEE BE PAID IN THE AMOUNT REQUIRED BY THE CITY AT THE TIME OF FINAL PLAT PRIOR TO RELEASING THE PLAT FOR RECORDING. 3. A SEALCOAT FEE IN THE AMOUNT TO BE DETERMINED BY THE CITY ENGINEER BE PAID PRIOR TO RELEASING THE PLAT FOR RECORDING. . 4. WATER ACCESSIBILITY FEES IN THE AMOUNT DETERMINED BY THE CITY BE PAID TO ELK RIVER MUNICIPAL UTILITIES PRIOR TO RELEASING THE PLAT FOR RECORDING. 5. A LETTER OF CREDIT BE PROVIDED TO THE CITY IN THE AMOUNT OF 100% OF THE COSTS OF THE PUBLIC IMPROVEMENTS. 6. UPON COMPLETING ALL OF THE IMPROVEMENTS AND HAVING THEM ACCEPTED BY THE CITY, A WARRANTY BOND IN THE AMOUNT OF 25% OF THE IMPROVEMENT COSTS SHALL BE SUBMITTED TO THE CITY FOR THE PERIOD OF ONE YEAR. 7. THE LETTER OF CREDIT SHALL COVER WETLAND MITIGATION. DRAINAGE EASEMENTS SHALL BE IN PLACE OVER THE WETLAND AND THE WETLAND MITIGATION AREAS.