04-12-2021 Council Packet - Laserfiche WebLink

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2 1. The final plat substantially conforms to the approved preliminary plat subject to the conditions listed below. 2. The City Attorney reviewed the status of title/property ownership related to the final plat and notes the title commitment shall be updated. 3. A 4th Addition Development Agreement has been drafted and shall be executed. 4. Conditions attached to approval of the preliminary plat have been fulfilled or secured by the Development Agreement. 5. All fees, charges and escrow related to the preliminary or final plat have been paid in full. BE IT FURTHER RESOLVED by the City Council of the City of Lino Lakes hereby approves Watermark 4th Addition PUD Final Plan/Final Plat subject to the following conditions: 1. Outlots A, B and D, Watermark 4th Addition are preserved as permanent Open Space and shall be improved by the Developer in accordance with the approved plans and upon completion and acceptance by the city of such improvements, they shall be owned and maintained by a Homeowner’s Association in accordance with an approved Restoration and Management Plan. 2. Outlot C, Watermark 4th Addition shall be deeded to the City as a Public Park. 3. The Developer shall obtain a FEMA approved CLOMR to revise the impacted floodplain prior to the City issuing a grading permit. Building permits will not be issued on until a FEMA approved LOMR is received for Lots 12-20 Block 1, Lots 8-18 and 20-26 Block 2, and Lots 1-2 Block 3 of the Watermark 4th Addition. 4. Per the Watermark 3rd Addition Development Agreement, the townhome tot lot, play equipment and associated landscaping on Outlot I, Watermark shall be completed by August 30, 2021. BE IT FURTHER RESOLVED by the City Council of the City of Lino Lakes hereby approves the Development subject to the following items being addressed prior to release of final plat mylars: 1. The 4th Addition Agreements (Development Agreement, City Park Operations and Maintenance and Stormwater Re-Use Agreement and Stormwater Re-Use Agreement) shall be approved by the City Council, executed and recorded against the property. 2. Any staff comments requiring revisions to the final plat shall be addressed. 3. The title commitment shall be updated. 4. A draft copy of an Open Space Easement covering the following outlots shall be submitted to the City for review and approval: a. Outlots G, J, M and N, Watermark b. Outlot A, Watermark 2nd Addition c. Outlot A, Watermark 3rd Addition d. Outlots A, B and D, Watermark 4th Addition 5. A draft copy of the deed for Outlot C, Watermark 4th Addition shall be submitted to the City for review and approval.