10/22/2007 Council Packet - Laserfiche WebLink

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• • • Grandview Development Contract October 22, 2007 3. A development agreement between the city and the developer must be executed prior to the issuance of any building permits for the site. 4. Park dedication must be paid in accordance with the city's fee schedule. 5. A conservation easement shall be granted over the drainage and utility easement within the lots fronting Marshan Lake. Easement restrictions shall be defined prior to city council approval of the final plat. 6. The Rice Creek Watershed District must review the project prior to building permits being issued by the city for any new construction. 7. A boulevard tree shall be provided for each lot frontage. 8. The existing roadway easement shall be vacated by the City Council prior to the approval of the final plat. 9. A written agreement from the property owners to the north will be required for the off -site grading. A copy of these agreements must be provided to the City prior to construction. XIII. VIOLATIONS/BUILDING PERMITS A. In the event that Developer violates any of the covenants and agreements contained in this Development Contract and to be performed by the Developer, the City, at its option, in addition to the rights and remedies as set out hereunder may refuse to issue building permits and/or Certificate of Occupancies to any property within the Subdivision until such time as such default has been corrected to the satisfaction of the City. XIV. PARK DEDICATION A. Park dedication in an amount of $14,525 shall be paid by the Developer to the City. XV. PROPERTY TAXES A. Should the recording of the Final Plat occur after July 1, any and all property taxes on any public property dedicated as a part of this plat shall be the responsibility of the Developer. Dollars shall be incorporated into the escrow agreement to cover the cost of said property taxes. page 11 —96—