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• <br />s <br />• <br />1010 -4 IMPROVEMENT FINANCING <br />All public improvements for new subdivisions shall be financed and secured in accordance with <br />public improvement financing policies of Lino Lakes, as may be amended. <br />1010 -5 UTILITY AREA AND UNIT CHARGES <br />The following utility area and unit charges shall be collected with any new subdivisions in <br />accordance with the public improvement financing policy of Lino Lakes, as may be amended: <br />1. Trunk sewer area and unit charges. <br />2. Trunk water main area and unit charges. <br />3. Surface water management planning (SWMP) and storm sewer trunk (SST) charges. <br />1010 -6 DEVELOPMENT AGREEMENT <br />Prior to iiistallationcommencing grading or the installation of any required improvements and prior <br />to approval of the-final-plat, the developer shall enter into a written development agreement in <br />writing with the City requiring the developer to furnish., and construct, and complete saidyrading <br />and improvements in accordance with plans and specifications and usual agreement conditions <br />and/or pay appropriate costs for improvements or other costs associated with the plat. Further, the <br />agreement shall provide for the development of any restrictions, covenants, easements, signage, park <br />or open space requirements, or other conditions of the approved preliminary plat and provide for the <br />proper execution, recording or other action required. Approval of the development agreement shall <br />be by City Council resolution. <br />For a project involving a phasing plan, the initial development agreement shall allow for grading, <br />wetland mitigation. and installation of stormwater management facilities on the entire site included <br />in the approved preliminary plat. Such work may begin after approval of the preliminary plat but <br />only after approval, execution. and recording of the development agreement. Such work must <br />comply with the approved grading plan. <br />The construction of streets, facilities for sanitary sewer and water, and other improvements beyond <br />grading, wetland, and stormwater facilities shall not begin until approval of a final plat. Each <br />subsequent phase shall require a separate development agreement for improvements beyond those <br />covered in previous agreements. Improvements in each phase shall not begin until the final plat for <br />that phase is approved and the development agreement for the phase is approved, executed, and <br />recorded. <br />1010.3 <br />Lino Lakes <br />Subdivision Ordinance Improvements <br />