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Vaughan Addition <br />Development Contract <br />4 -11 -2005 <br />B. Homeowners association declaration/covenants must be submitted for City Attorney <br />review as required by the City's final plat requirements. In addition, the Developer <br />shall convey to the homeowners association of the existing townhomes abutting the <br />north border of the property, an access easement over the existing access drive. <br />Prior to approval of the final plat by the City Council, the developer shall submit a <br />copy of the easement document and proof that the easement document has been <br />filed with Anoka County. The access drive as it currently exists shall not be altered. <br />V REIMBURSEMENT OF COSTS <br />A. The Developer agrees to establish a non - 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 development of the <br />Subdivision and the Developer Improvements including, but not limited to, the <br />following (See Attachment B for breakdown of costs): <br />1. <br />3. <br />4. <br />5. <br />6. <br />7. <br />8. <br />9. <br />10. <br />11. <br />12. <br />Plat Review Fee <br />Planner Review Fee <br />Administration - 3% Construction Cost <br />Engineering <br />a) Administration <br />Legal - Plat Review <br />Publications <br />Park Dedication Fee <br />Tree Preservation Policy <br />Boulevard Tree Planting <br />Street - Storm Sewer - Pond Maintenance <br />Sealcoating Fund <br />Aerial Photo Recovery Cost <br />B. If the above escrow amounts are insufficient, the Developer shall make such <br />additional deposits as required by the City. The City shall have a right to reimburse <br />itself from the Escrow upon notice to the Developer, with suitable documentation <br />supporting charge. <br />