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• <br />COUNCIL MINUTES FEBRUARY 27, 2006 <br />APPROVED <br />City Administrator Heitke noted Section 6, Default/Remedies was removed from the agreement. He <br />also noted the benefits to the City for entering into the agreement are for a period of fourty years. <br />Staff will be working with the City Attorney to included that language in the agreement. <br />Councilmember O'Donnell moved to approve Resolution No. 06 — 37, with the additional language <br />outlined by the City Administrator. Councilmember Reinert seconded the motion. Motion carried <br />unanimously. <br />COMMUNITY DEVELOPMENT DEPARTMENT REPORT, MICHAEL GROCHALA <br />Cavegn Estates: <br />Consider Resolution No. 06 — 33, Approving Development Contract, James Studenski — City <br />Engineer Studenski advised the City Council approved a preliminary plat on July 25, 2005 for the <br />Cavegn Estates. On February 13, 2006 the 1St Reading of Ordinance 01-06 — Vacation of a portion of <br />Lois Lane right of way and drainage and utility easements was approved. Cavegn Estates provides for <br />the construction of 2 residential units on a 1.38 Acre parcel of property near the intersection of <br />Country Lane and Lois Lane. <br />In accordance with the preliminary plat approval and City policy, staff has prepared a Development <br />Contract. The contract provides for the following: <br />• 1. Submittal by the developer of a Letter of Credit in the amount of $7,400 representing 35 <br />percent of the City improvement costs to insure completion of the project in accordance with <br />the approved plans. No street or utility improvements are necessary for this development. <br />2. Deposit of a cash escrow in the amount of $3,950 to reimburse the City for costs incurred by <br />the City related to the development and improvements of the site and developer <br />improvements. <br />Anthony and Kimberly Cavegn have reviewed the contract and are aware of the conditions set forth. <br />Councilmember Carlson moved to approved Resolution No. 06 — 33, as presented. Councilmember <br />O'Donnell seconded the motion. Motion carried unanimously. <br />Consider Second Reading of Ordinance No. 01 - 06, Vacating Part of Lois Lane Street Right of <br />Way; and drainage and utility easements for Cavegn Estates, Paul Bengtson — Associate Planner <br />Bengtson advised Anthony and Kimberly Cavegn have received approval of a Preliminary Plat for <br />Cavegn Estates and one of the conditions of approval was the vacation of the unused cul-de-sac <br />portion of Lois Lane adjacent to the northeast corner of their property at 7870 Country Lane as well as <br />the corresponding drainage and utility easements. The applicant will dedicate new utility easements <br />in conjunction with the Final Plat of the site which follows this item on the agenda. <br />The cul-de-sac that was dedicated on this lot as part of the Mar Don Acres plat is no longer necessary <br />as the street continues through to the east. The applicant is proposing to plat the property into two <br />• lots. As such the City Council approved the preliminary plat for the site with the condition requiring <br />the vacation of the unused cul-de-sac right of way. <br />5 <br />