03-14-2001 Council Agenda - Laserfiche WebLink

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PRATT January 16, 2001 Joel Hanson City Administrator City of Little Canada 515 E. Little Canada Road Little Canada, MN 55117 Re: Development Agreement for Twin Lake Pines Dear Joel: We have reviewed the Development Agreement between the City of Little Canada and Pratt Investment Company for Twin Lake Pines and have the following comments: 1. Paragraph 13(b), Park Dedication Requirements. The Development Agreement states: "Said installation or any substitute proposal shall be subject to approval by the City, the City of Vadnais Heights, and Ramsey County Public Works." It is our understanding that the trail issue is address in paragraph D(1)(g) of the Joint Powers Agreement between the City of Little Canada and the City of Vadnais Heights and that the Developer will not be required to install the trail, but rather make a cash deposit of $12,200. 2. Paragraph 15(g), Additional Requirements. In an effort to simplify the ownership of Outlot A with regards to the maintenance and insurance thereof, we have decided that the owner of Outlot A will be Lot 12 exclusively. It's proximity and contiguous location made the decision a logical one for us. If you are in agreement with the above, please let me know and I will make the change in in paragraph 15(g) of the Development Agreement and initial the same along with signing the Agreement and returning it to the City. Enclosed please find a draft of the tree preservation/shoreline ordinance which we discussed at our last meeting, for your review. This would be distributed to prospective buyers along with our landscaping contractors. Since the City of Little Canada has accepted the Twin Lake Pines project and all punchlist items have been addressed, we would request releasing the bond in effect. If this is not your understanding, please feel free to give me a call. L W P /rm Enclosure 4225 White Bear Parkway, Juice Page 8 110 (651) - 29.8 32 Fax :0.2255