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EXHIBIT B A DEVELOPERS AGREEMENT OUTLINING THE TERMS AND CONDITIONS OF THE PLAT APPROVAL AND NECESSARY IMPROVEMENTS BE PREPARED AND EXECUTED PRIOR TO RELEASING THE PLAT FOR RECORDING. 2. ALL THE COMMENTS OF THE CITY ENGINEER BE ADDRESSED. 3. A LETTER OF CREDIT IN THE AMOUNT OF 100% OF THE COST OF PUBLIC IMPROVEMENTS BE PROVIDED PRIOR TO RELEASING THE PLAT FOR RECORDING. A SURETY BOND IN THE AMOUNT OF 25% BE PROVIDED TO THE CITY UPON COMPLETING PUBLIC IMPROVEMENTS FOR A ONE YEAR PERIOD TO GUARANTEE QUALITY OF WORK. 5. SURFACE WATER MANAGEMENT FEE IN THE AMOUNT OF $2,891.49 BE PAID PRIOR TO RELEASING THE PLAT FOR RECORDING. 6. PARK DEDICATION FEE IN THE AMOUNT OF $13,650 BE PAID PRIOR TO RELEASING THE PLAT FOR RECORDING. 7. A SEAL COATING FEE, IN AN AMOUNT TO BE DETERMINED BY THE CITY ENGINEER, PAID PRIOR TO RELEASING THE PLAT FOR RECORDING. 8. STREETLIGHTS BE PROVIDED PER ELK RIVER UTILITIES RECOMMENDATION. 9. A GRADING, DRAINAGE AND EROSION CONTROL PLAN BE SUBMITTED AND APPROVED BY THE CITY ENGINEER. 10. ALL GRADING WILL NEED TO BE CERTIFIED PRIOR TO THE ISSUANCE OF BUILDING PERMITS 11. A WATER AVAILABILITY CHARGE IN THE AMOUNT OF $300 PER LOT BE PAID TO ELK RIVER MUNICIPAL UTILITIES PRIOR TO RELEASING THE PLAT FOR RECORDING WITH SHERBURNE COUNTY. 12. PRIOR TO THE ISSUANCE OF BUILDING PERMITS, A DEVELOPMENT PLAN WILL NEED TO BE SUBMITTED AND APPROVED OUTLINING THE STYLE OF HOMES AND FINISHED FLOOR ELEVATIONS PRIOR TO THE ISSUANCE OF BUILDING PERMITS. 13. A CLUSTER MAIL BOX DESIGN MUST BE UTILIZED THROUGHOUT THE DEVELOPMENT IN LOCATIONS APPROVED BY THE CITY PRIOR TO RELEASING THE PLAT FOR RECORDING. 14. A LANDSCAPE PLAN BE SUBMITTED FOR APPROVAL PRIOR TO RELEASING THE PLAT FOR RECORDING. BOULEVARD TREES AND FRONT YARD TREES BE INSTALLED BY THE DEVELOPER AS REQUIRED BY THE SUBDIVISION ORDINANCE. 15. THE STREET NAMES BE CHANGED PER ELK RIVER BUILDING DEPARTMENT COMMENTS. \\elkriver\sys\shrdoc\document\resolutiXp99-1.docP age 6