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EXHIBIT B <br /> <br />A DEVELOPERS AGREEMENT OUTLINING THE TERMS AND CONDITIONS <br />OF THE PLAT APPROVAL AND NECESSARY IMPROVEMENTS BE <br />PREPARED AND EXECUTED PRIOR TO RELEASING THE PLAT FOR <br />RECORDING. <br /> <br />2. ALL THE COMMENTS OF THE CITY ENGINEER BE ADDRESSED. <br /> <br />A LETTER OF CREDIT IN THE AMOUNT OF 100% OF THE COST OF PUBLIC <br />IMPROVEMENTS BE PROVIDED PRIOR TO RELEASING THE PLAT FOR <br />RECORDING. <br /> <br />o <br /> <br />A SURETY BOND IN THE AMOUNT OF 25% BE PROVIDED TO THE CITY <br />UPON COMPLETING PUBLIC IMPROVEMENTS FOR A ONE YEAR PERIOD <br />TO GUARANTEE QUALITY OF WORK. <br /> <br />SURFACE WATER MANAGEMENT FEE BE PAID IN THE AMOUNT REQUIRED <br />BY THE CITY AT THE TIME OF FINAL PLAT AND PRIOR TO RELEASING <br />THE PLAT FOR RECORDING. <br /> <br />o <br /> <br />PARK DEDICATION FEE BE PAID IN THE AMOUNT OF $900 PER <br />RESIDENTIAL LOT AT THE TIME OF FINAL PLAT AND PRIOR TO <br />RELEASING THE PLAT FOR RECORDING. <br /> <br />A SEAL COATING FEE BE PAID IN THE AMOUNT REQUIRED BY THE CITY <br />AT THE TIME OF FINAL PLAT AND PRIOR TO RELEASING THE PLAT FOR <br />RECORDING. <br /> <br />8. STREET LIGHTS BE PROVIDED PER ELK RIVER UTILITIES <br /> RECOMMENDATION. <br /> <br />9. A GRADING, DRAINAGE AND EROSION CONTROL PLAN BE SUBMITTED <br /> AND APPROVED BY THE CITY ENGINEER. <br /> <br />10. ALL GRADING WILL NEED TO BE CERTIFIED PRIOR TO THE ISSUANCE OF <br /> BUILDING PERMITS. <br /> <br />11. A WATER ACCESS CHARGE IN THE AMOUNT OF $300 PER LOT BE PAID TO <br /> ELK RIVER MUNICIPAL UTILITIES PRIOR TO RELEASING THE PLAT FOR <br /> RECORDING WITH SHERBURNE COUNTY. <br /> <br />12. PRIOR TO THE ISSUANCE OF BUILDING PERMITS, A DEVELOPMENT PLAN <br /> WILL NEED TO BE SUBMITTED AND APPROVED OUTLINING THE STYLE OF <br /> HOMES AND FINISHED FLOOR ELEVATIONS PRIOR TO THE ISSUANCE OF <br /> BUILDING PERMITS. <br /> <br />s:kdocument\resolutikreslaf4.doc <br /> <br />Page 6 <br /> <br /> <br />