2008-005 Council Resolution - Laserfiche WebLink

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• • • Marshan Meadows 2nd Addition Development Contract January 14, 2008 2. A development agreement between the city and the developer must be executed prior to the issuance of any building permits for the site. 3. Park dedication must be paid in accordance with the city's fee schedule. 4. 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. 5. The Rice Creek Watershed District must review the project prior to building permits being issued by the city for any new construction. 6. A boulevard tree shall be provided for each lot frontage. 7. The drainage and utility easement shown on the south property line of Lot 2, Block 1 shall be reduced to 5 feet in width prior to the final plat mylar being signed and released by the city. 8. The signs for the conservation easement must be in place prior to the issuance of building permits for either of the newly created lots. XIII. VIOLATIONSBUILDING 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 $2,075 shall be paid by the Developer to the City for the additional lot. 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 9