2012-057 Council Resolution - Laserfiche WebLink

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• • • CITY COUNCIL AGENDA ITEM 6Aii STAFF ORIGINATOR: Paul Bengtson MEETING DATE: June 25, 2012 TOPIC: Resolution No. 12 -57 — Performance Agreement — Lakes Building Components Accessory Outdoor Storage Yard VOTE REQUIRED: Simple Majority INTRODUCTION Lakes Building Components has requested an Interim Use Permit to allow an Accessory Outdoor Storage Yard at 7301 Apollo Court. The improvements proposed by the applicant necessitate a Site Performance Agreement to ensure that development occurs to city standards. BACKGROUND The Site Performance Agreement assembled by staff includes a financial security of $22,925 that may be drawn upon if completion stalls and the site needs to be returned to its pre - construction conditions. An escrow account is also being established for the administration of the Site Performance Agreement and will be charged for any ongoing costs the city incurs both with the final review of the Interim Use Permit and during construction of the site. The applicant has submitted an escrow deposit for the land use reviews they requested and the remaining amount will be forwarded to the Site Performance Agreement escrow. A total of $5,000 is being recommended by staff, with $1,900 of that coming from the current escrow account. The applicant will need to submit $3,100 to bring the account into conformance with the agreement. The signed agreement and these deposits must be made to the city prior to any construction on the site. RECOMMENDATION Staff recommends approval of Resolution No. 12 -57. ATTACHMENTS 1. Resolution Number 12 -57, Site Performance Agreement P114a.