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it ci <br />Elk* <br />River <br />Request for Action <br />To <br />Item Number <br />Mayor and City Council <br />7.3 <br />Agenda Section <br />Meeting Date <br />Prepared by <br />Public Hearings <br />April 19, 2021 <br />Chris Leeseberg, Senior Planner <br />Item Description <br />Reviewed by <br />Preliminary and Final Plat: Tranquil Meadows - <br />Zack Carlton, Planning Manager <br />25 Lot Residential Subdivision, 18990 Twin <br />Reviewed by <br />Lakes Road <br />Cal Portner, City Administrator <br />Action Requested <br />Approve, by motion, the Preliminary Plat for Tranquil Meadows with <br />the condition that all comments noted in the March 5, 2021, comment <br />letter are addressed. <br />Approve, by resolution, the Final Plat for Tranquil Meadows with the <br />following conditions: <br />1. A Development Agreement must be signed by the city and <br />developer prior to releasing the final plat for recording. <br />2. The final plat shall be updated to reflect the approved wetland <br />boundary as determined by a wetland delineation. <br />3. Park dedication be paid for the final number of dwelling units, <br />at the applicable rate when the subdivision is released for <br />recording. <br />4. The trail and utility stubs along Tyler Street shall extend to the <br />north limits of the subject parcel. <br />5. Water Availability Charge shall be paid in the amount required <br />by the city when the final plat is released for recording. <br />6. A Letter of Credit shall be provided to the city in the amount <br />of 100% of the costs of the public improvements. <br />7. Upon completion of all improvements and acceptance by the <br />city, a security or warranty in a form acceptable to the city <br />engineer must be secured. <br />Figure I <br />8. Development Plan shall be approved by the city engineer prior to issuance of building permits. <br />9. Staff approval of all updated site and engineering plans. <br />10. Any item or condition found that indicates the site is likely to yield information important to prehistory or <br />history shall be reported to the city immediately. Further, the city reserves the right to stop work <br />authorized in its approval until the site is appropriately investigated and work is authorized. <br />Background/Discussion <br />The subject property is 13.23 acres in size, zoned R1c and located at the northwest corner of the County Road <br />13 (Twin Lakes Road) and Tyler Street intersection. The proposed plat consists of 25 single-family lots and <br />The Elk River Vision P O E R E U s Y <br />A n elcoming community avith revolutionary and spirited resourcefulness, exceptional [NATURE <br />service, and community engagement that encourages and inspires prosperity. Updated. August 2020 <br />