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CITY COUNCIL <br />AGENDA ITEM 1F <br /> <br /> <br />STAFF ORIGINATOR: Katie Larsen, City Planner <br /> <br />MEETING DATE: June 28, 2021 <br /> <br />TOPIC: Consider Resolution No. 21-61 Approving Site <br />Improvement Performance Agreement for Otter Crossing <br /> <br />VOTE REQUIRED: 3/5 <br /> <br /> <br />BACKGROUND <br /> <br />The applicant, Tyme Properties, LLC, submitted a land use application for the final plat of Otter <br />Crossing. The plat creates a 1.46 acre parcel for the purpose of constructing a 7,800 sf <br />commercial retail building. Per Section 1007.020 Site and Building Plan Review, a Site <br />Improvement Performance Agreement is required. <br /> <br />(1) General. All site and building plans for multiple family, commercial, industrial or <br />public/semi-public uses shall require review and approval by the Community Development <br />Department. <br /> <br />(5) Performance Standards. (d) The applicant shall, upon completion of site and building plan <br />review, submit to the City an agreement that they will cause all improvements called for in the <br />site and building plan review to be completed within the time specified by the City. Performance <br />of such contracts shall be secured by the amount submitted at application or additional amount as <br />may be required by the City Council. <br /> <br />The attached Site Improvement Performance Agreement addresses the site improvements for the <br />building and provides for submittal of all required fees and securities. <br /> <br />RECOMMENDATION <br /> <br />Staff recommends approval of Resolution No. 21-61. <br /> <br />ATTACHMENTS <br /> <br />1. Resolution No. 21-61 <br />2. Site Improvement Performance Agreement