05-18-1992 CC MIN - Laserfiche WebLink

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. . . Elk River City Council Minutes May 18, 1992 Page 8 4. PARK DEDICATION THAT THE DEVELOPER PAY $350 PER LOT FOR PARK DEDICATION FEES PRIOR TO RECORDING THE PLAT (A TOTAL OF $17,150 FOR THE 49 ADDITIONAL LOTS PROPOSED IN THIS FIRST PHASE). 5. STUMP BURYING THAT THE LOCATIONS OF STUMP BURYING SITES ARE IDENTIFIED AND APPROVED BY STAFF AND PROTECTED BY EASEMENTS WHEN FUTURE PHASES ARE PLATTED. 6. TREE PROTECTION THAT, AS PROPOSED BY THE DEVELOPER, THE SERVICES OF A FORESTER ARE RETAINED TO DETERMINE WHAT TREES MUST BE REMOVED FOR ROAD AND HOUSE CONSTRUCTION. ALSO, THAT TREES THAT ARE TO BE SAVED ARE PROTECTED DURING CONSTRUCTION. LASTLY, THAT THE AUTHORITY OF THE FORESTER TO MAKE DECISIONS ON TREES DURING HOUSE CONSTRUCTION IS ESTABLISHED IN THE PURCHASE AGREEMENTS ON THE LOTS AND THE COVENANTS FOR THE PLAT. 7. SETBACKS THAT SETBACKS FOR THIS PLAT ARE 30 FEET FROM THE FRONT PROPERTY LINE AND 10 FEET FROM THE SIDE AND REAR PROPERTY LINES AND A SIX FOOT SIDE YARD SETBACK BE ALLOWED FOR GARAGES. 8. DEVELOPMENT PLAN THAT THE DEVELOPMENT PLAN FOR HOUSE SITES IS CONTINGENT UPON SOIL BORINGS VERIFYING ELEVATIONS FOR THE PROPOSED HOUSE PADS (APPROVED BY STAFF). 9. SEWER AND WATER THAT THE FIRST PHASE OF THIS DEVELOPMENT PAY ITS SHARE OF THE COST FOR THE LONG-RANGE TRUNK SEWER AND WATER LINES. THE COST OF THESE LONG-RANGE FACILITIES WILL BE ESTIMATED AND PAYMENTS WILL BE MADE AS LOTS SELL. THE MONEY WILL BE PLACED IN AN ESCROW ACCOUNT. THE DEVELOPER WILL BE SOLELY RESPONSIBLE FOR THESE PAYMENTS. THE ESTIMATED COST MAY BE ADJUSTED UP OR DOWN WHEN THE ACTUAL ASSESSMENT AMOUNT IS KNOWN. THIS WILL BE AGREED TO THROUGH THE DEVELOPER AGREEMENT. THAT THE FIRST PHASE OF THIS PLAT BE ALLOWED TO TEMPORARILY CONNECT TO SEWER AND WATER THROUGH DEERFIELD 3RD ADDITION. FURTHER, THAT THE DEVELOPER IS RESPONSIBLE FOR ALL COSTS FOR THIS TEMPORARY CONNECTION AND HOOKING UP TO THE PERMANENT LINES IN THE FUTURE (AS PART OF PHASE TWO). LASTLY, THAT NO CREDIT IS GIVEN AGAINST THE ASSESSMENT FOR LONG-RANGE TRUNK FACILITIES FOR TEMPORARY IMPROVEMENTS THAT DO NOT FIT IN WITH THE LONG-RANGE PLAN. 10. LETTER OF CREDIT THAT A LETTER OF CREDIT IN AN AMOUNT ESTIMATED BY STAFF IS ESTABLISHED FOR THE IMPROVEMENTS IN THIS FIRST PHASE PRIOR TO RECORDING THE PLAT. THE LETTER OF CREDIT AMOUNT MAY BE ADJUSTED TO THE ACTUAL AMOUNT OF THE BID FOR THE PROJECT AND ALSO QUARTERLY AS LOTS SELL AND ASSESSMENTS ARE PAID. THE DEVELOPER WILL NOT NEED TO POST A WARRANTY BOND AFTER IMPROVEMENTS ARE ACCEPTED BECAUSE IT IS A CITY PROJECT. 12. SEAL COATING THAT THE DEVELOPER PAY $6,200 FOR THE SEAL COATING ON ROADS PRIOR TO RECORDING THE PLAT.