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Conditions: <br /> <br />EXHIBIT B <br /> <br />1. A DEVELOPERS AGREEMENT OUTLINING THE TERMS AND CONDITIONS OF THE PLAT <br /> APPROVAL AND INSTALLATION OF IMPROVEMENTS BE PREPARED AND EXECUTED <br /> PRIOR TO RELEASING THE PLAT FOR RECORDING. <br /> <br />2. ALL COMMENTS OF THE CITY ENGINEER BE SHALL BE ADDRESSED. <br /> <br />3. STREET LIGHTS BE INSTALLED AS REQUIRED BY ELK RIVER UTILITIES <br /> <br />4. A LETTER OF CREDIT BE PROVIDED TO THE CITY IN THE AMOUNT OF 100% OF THE <br /> COSTS OF THE PUBLIC IMPROVEMENTS. <br /> <br />5. UPON COMPLETING ALL OF THE IMPROVEMENTS AND HAVING THEM ACCEPTED BY <br /> THE CITY, A WARRANTY BOND IN THE AMOUNT OF 25% OF THE IMPROVEMENT <br /> COSTS SHALL BE SUBMII'rED TO THE CITY FOR THE PERIOD OF ONE YEAR. <br /> <br />6. SURFACE WATER MANAGEMENT FEE IN THE AMOUNT REQUIRED BY THE CITY AT THE <br /> TIME OF FINAL PLAT BE PAID PRIOR TO RELEASING THE PLAT FOR RECORDING. <br /> <br />7. A SEALCOAT FEE IN THE AMOUNT TO BE DETERMINED BY THE CITY ENGINEER BE PAID <br /> PRIOR TO RELEASING THE PLAT FOR RECORDING. <br /> <br />8. A GRADING AND EROSION CONTROL PLAN BE APPROVED BY 1'HE CITY ENGINEER <br /> <br />9. ALL DISTURBED AREAS SHALL BE GRADED AND SEEDED. <br /> <br />10. ALL APPROPRIATE EASEMENTS SHALL BE SHOWN ON THE PLAT. <br /> <br />11. ALL WELLS ON LOTS ABUTi'ING THE WEST BOUNDARY OF THE PLAT BE LOCATED TO <br /> THE EAST AS FAR AS POSSIBLE. <br /> <br />12. PARK DEDICATION FEES IN THE AMOUNT REQUIRED BY THE CITY AT THE TIME OF <br /> FINAL PLAT BE PAID PRIOR TO RELEASING THE PLAT FOR RECORDING. <br /> <br />13. THAT OUTLOT B BE DEEDED TO THE ADJACENT PROPERTY OWNER TO THE NORTH. <br /> <br />S:\PLAN NING\RESOLUTI\P01-20.DOC Page 6 <br /> <br /> <br />