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Marshan Meadows Second Addition <br /> Development Con tract <br /> January 2014 <br />page 2 <br />I. DEVELOPER IMPROVEMENTS <br />A. The Developer shall place iron monum ents at all l ot and block corners and at all <br />other angle points on boundary lines. <br />B. The Developer shall notify the Rice Creek Watershed District (RCWD) of their <br />intent to construct a new home and submit a grading plan to the City and RCWD. <br />The RCWD will confirm that no wetland or flood plain impacts will occur and <br />that proper soil erosion and sediment control are employed during construction. <br />C. The Developer is to maintain a 150 foot setback from the Ordinary High Water <br />Level of Marshan Lake. <br />D. The Develope r shall dedicate to the City at no cost to the City, any permanent or <br />temporary easements that may be necessary for drainage and utilities and side <br />yard set backs . All such easements required by the City shall be in writing, in <br />recordable form, containing such terms and conditions as the City shall determine. <br />E. The Developer shall make provision that all gas, telephone, cable TV and electric <br />utility designs be submitted to the City for review and approval prior to <br />construction of the improvements. Following review and approval by the City, <br />the Developer shall insure that all installations comply with applicable City, <br />County and State design standards and show proof of security arrangements with <br />said utility companies. <br />II. CITY IMPROVEMENTS <br />A. There are no Developer installed City Improvements for this project. <br />III. RECORDING AND RELEASE <br />A. The Develope r agrees that the terms of this Development Contract shall be a <br />covenant on any and all property included in the Subdivision. The Developer <br />agrees that the City shall have t he right to record a copy of this Development <br />Contract with the Anoka County Recorder to give notice to future purchasers and <br />owners. This Development Contract shall be recorded against the Subdivision <br />described on Page 1 hereof. City shall provide to De veloper upon completion of <br />Developer’s private improvements , a release of such parcel from the terms and <br />conditions of this Development Contract subject to provisions contained in this <br />contract. <br />IV. REIMBURSEMENT OF COSTS <br />A. The Developer agrees to establish a no n -interest bearing escrow account with the <br />City in an amount determined by the City Administrator or his designee for the <br />payment of all costs incurred by the City related to the review of the Subdivision