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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 commencing grading or the installation of any required improvements, the developer shall <br />enter into a written development agreement with the City requiring the developer to furnish, <br />construct, and complete said grading and improvements in accordance with plans and specifications <br />and usual agreement conditions and/or pay appropriate costs for improvements or other costs <br />associated with the plat. Further, the agreement shall provide for the development of any <br />restrictions, covenants, easements, signage, park or open space requirements, or other conditions of <br />the approved preliminary plat and provide for the proper execution, recording or other action <br />required. Approval of the development agreement shall 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 />