HomeMy WebLinkAbout2015-092 Council Resolution\.- CITY OF LINO LAKES
RESOLUTION NO. 15-92
RESOLUTION APPROVING DEVELOPMENT AGREEMENT FOR SITE GRADING
FOR EARTHMOVING/ BORROW PIT AND CENTURY FARM NORTH 6th ADDITION
WHEREAS, the City Council approved an amendment to the PUD Development Stage
Plan/Preliminary Plat for Century Farm North that includes grading, drainage and erosion control
plans with Resolution No. 14-43 on July 28, 2015; and
WHEREAS, the City Council approved the conditional use permit for earth moving/borrow pit
at 7860 Sunset Avenue with Resolution No. 15-91 on September 14, 2015; and
WHEREAS, the City's subdivision ordinance and conditional use permit require the execution
of a development agreement between the Developer and the City of Lino Lakes and securities.
NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes
hereby approves the Development Agreement for Site Grading between Century Farm North
Development, Inc., Jeffrey E. Morell and the City of Lino Lakes and authorizes the Mayor and
City Clerk to execute such agreement on behalf of the City.
Adopted by the Council of the City of Lino Lakes this 14th day of September, 2015.
The motion for the adoption of the foregoing resolution was introduced by Council Member
Kusterman and was duly seconded by Council Member Roeser and upon
vote being taken thereon, the following voted in favor thereof:
Kusterman, Roeser, Stoesz, Reinert
The following voted against same:
none (Absent - Rafferty)
ATTEST:
u anne Bartell, Cit, Cler
\.
CITY COUNCIL
AGENDA ITEM 6B
STAFF ORIGINATOR: Katie Larsen, City Planner
MEETING DATE: September 14, 2015
TOPIC: Earth Moving/Borrow Pit Excavation at 7860 Sunset Avenue
(Morell Property)
i. Consider Resolution No. 15-91 Approving a Conditional
Use Permit for Earth Moving/Borrow Pit at 7860 Sunset
Avenue
ii. Consider Resolution No. 15-92 Approving Development
Agreement for Site Grading for Morell Borrow Pit and
Century Farm North 6th Addition
VOTE REQUIRED: 3/5
INTRODUCTION
`-- Staff is requesting City Council consideration of a Conditional Use Permit and Development
Agreement for Site Grading for Earth Moving/Borrow Pit Excavation at 7860 Sunset Avenue.
Complete Application Date:
July 9, 2015
Environmental Board Meeting:
NA
Park Board Meeting:
NA
Planning & Zoning Board Meeting:
August 12, 2015
Council Work Session Meeting:
September 7, 2015
Council Meeting:
September 14, 2015
60 -Day Review Date:
September 7, 2015
120 -Day Review Date:
November 6, 2015
BACKGROUND
Jeff Morell submitted a Land Use Application for a conditional use permit for earth
moving/borrow pit excavation on his 2 parcels located at 7860 Sunset Avenue (PID #07-31-22-
23-0005 and #07-31-22-23-0006). The material excavated from the borrow pit will be used for
fill in Century Farm North 6th Addition.
. ANALYSIS
The Planning and Zoning Board Staff Report dated August 12, 2015 details the project. The 2
parcels are approximately 9.7 acres in size and are located east of Sunset Avenue/CR 53. Morell
is proposing to disturb approximately 1.1 acres and excavate 9,500 cubic yards (950 loads) of
granular material. This material is needed for fill for Century Farm North 6th Addition, a 29 lot
single family residential development located north of the borrow pit. Excavation is anticipated
to operate for 3-6 weeks starting late September. The grading shall be in compliance with the
approved grading plan for Century Farm North 6th Addition.
The Planning & Zoning Board held a public hearing on August 12, 2015. One Blaine resident
inquired about the proposed Century Farm North 6th Addition residential development and staff
was able to provide him information. Staff was also able to address Board questions regarding
truck traffic, exaction depths and drainage. The Board recommended approval of the conditional
use permit with a 6-0 vote.
The Environmental Review Board also reviewed the project at their August 26, 2015 meeting.
Attached is a copy of their comments.
Development Agreement for Site Grading
A Development Agreement for Site Grading incorporating both the earth moving/borrow pit
excavation and Century Farm 6th Addition grading has been drafted by the City and shall be
�. recorded by the developer. A grading permit and securities shall be required by the City.
RECOMMENDATION
Staff is recommending approval of the following items with conditions as listed:
1. Resolution No. 15-91 Approving Conditional Use Permit for Earth Moving/Borrow Pit
2. Resolution No. 15-92 Approving Development Agreement for Site Grading
ATTACHMENTS
1. Site Location Map
2. City Engineer Letter dated August 4, 2015
3. Environmental Coordinator Letter dated August 27, 2015
4. Resolution No. 15-91
5. Resolution No. 15-92
6. Development Agreement for Site Grading
'MR..•
WSB
engineering. planning. environmental. construction 701 Xenia Avenue South
Suite 300
Minneapolis, MN 55416
Tel: 763-541-4800
Fax: 763-541-1700
Memorandum
To: Katie Larsen, City Planner
From: Diane Hankee PE and
Ed Youngquist
Date: August 4, 2015
Re: Morell Borrow Pit Plan Review
WSB Project No. 2988-030
The Borrow Pit submittal document received on July 12, 2015 and reviewed here within,
included the following:
1. Full size Final Plan prepared by Plowe Engineering, Inc. dated July 10, 2015.
2. Email from Adam Ginkel to Katie Larsen dated August 3, 2015.
3. RCWD 15-018 CAPROC
General Comments:
1. Obtain permits for the project: NPDES permit, City of Lino Lakes grading permit
Grading Plan and Drainage Comments:
1. Project cannot disrupt or otherwise alter existing surface water drainage patterns. Existing
drainage patterns flow from east to west.
2. Prevent general public access and maintain safe site conditions per City Ordinance.
3. Future filling of the site will require an additional CUP or Site Development Agreement.
This CUP and grading permit does not include borrow pit fill.
4. Require that all decomposable material, or other unsuitable foundation material, be removed
from the area before deposition of fill begins.
5. The excavation of land reclamation project shall be completed by November 30, 2015 and
the site restored.
6. Place a minimum of four (4) inches of topsoil over all disturbed areas, including haul road,
and establish ground cover in a time period consistent with the City's SWPPP.
7. Show location of rock construction entrance on plan.
8. Acquire temporary access easement across city owned property.
9. Soil boring data shall be provided.
St. Cloud • Minneapolis • St. Paul
Equal Opportunity Employer
wsbeng.com
S:\Commwity Development\Projeets\Platming Cases\Morell Borrow Pit CUP \Staff Reports\ 20150914 CO2 20150804 Cit}' Engineer Letter Morell Borrow 151t doe
Memo
Environmental
To: Katie Larsen
Diane Hankee
From: Marty Asleson
Date: August 27, 2015
Re: Comments/Environmental Board/Morrell Borrow Pit
The Environmental Board, at their regular meeting on August 26, 2015, had the
following comments about the proposed Morrell Borrow Pit:
• If it isn't already a procedure, that the adjacent residents be notified of noise
and construction activity.
• The area of the park that will be used for transporting borrow from the pit to
the construction site be fenced off in order to keep soil compacting equipment
limited to one area.
• That park area impacted by soil compaction be restored back to an original
condition.
• Any refilling of the borrow pit in the future will be done using similar soils to
those removed. Soils imported at a later date must be approved by City Staff.
• Since an NPDES permit is required for the project, an appropriate Storm
Water Pollution Prevention Plan (SWPPP) will need to be submitted.
• The SWPPP must include the name, phone number, and inspector
credentials of the person that will be implementing the SWPPP. The SWPPP/
• Page 1
Implementation Plan must include all elements of the NPDES permit
requirements.
The SWPPP must include that weekly and post rainfall event inspections will
be performed. The inspection reports must be submitted to the City Engineer
and the City MS4 inspector in a timely manner. These reports and the
SWPPP must be kept on site in a known and accessible location. Failure to
perform inspections and follow-up corrections will result in an information
request from the city, and if no action is taken by the permit work holder, a
stop work order shall be given.
• Page 2
DEVELOPMENT AGREEMENT
(Site Grading Only)
Century Farm North 6th Addition & Morell Borrow Pit
THIS AGREEMENT is made this day of , 2015, by and between the
City of Lino Lakes, a Minnesota municipal corporation, and Century Farm North Development,
Inc., a Minnesota corporation, and Jeffrey E. Morell, a single person, referred to as "Developer".
1. Subdivision. Developer received preliminary plat approval from the City by Resolution
No. 14-43 for the plat known as Century Farm North 6th Addition ("Subdivision"). The
Morell Borrow Pit has Conditional Use Permit approval by Resolution No. 15-91. Both
legally described in Attachment A. Unless otherwise stated, all terms and conditions of
this Agreement relate to work within the Subdivision and Morell Borrow Pit.
2. Grading. The Developer has requested approval to commence with site grading
activities prior to final plat approval.
3. Phased Development. The City may refuse to approve final plats of subsequent additions
of the plat if the Developer has breached this Agreement and the breach has not been
remedied. Development of subsequent phases may not proceed until Development
Agreements for such phases are approved by the City.
4. Developer Plans.
a. The subject property shall be graded in accordance with Conditional Use Permit
Resolution No. 15-91 and the following Developer Plans, original copies of which
are on file with the City Engineer. The Developer Plans may be prepared and
revised after entering into this Agreement but must be completed and approved
by the City before commencement of any work. If the plans vary from the
written terms of this Agreement, this Agreement shall control.
b. The Developer Plans as of the date of this Agreement are:
i. Century Farm North PUD/Preliminary Plat Amendment — 6th Addition,
revision date February 9, 2015, containing 7 sheets, prepared by Plowe
Engineering Inc.
ii. Morell Borrow Pit dated July 10, 2015 and received on July 12, 2015,
containing 1 sheet, prepared by Plowe Engineering Inc.
5. Permits. The Developer shall be responsible for securing all site grading and
development approvals and permits from all appropriate Federal, State, Regional and
Century Farm 6th Addition and Morell Borrow Pit
Grading Agreement
September 2015
Local jurisdictions prior to the commencement of site grading or construction and prior
to the City awarding construction contracts for public improvements.
6. Developer Improvements. The Developer shall secure a contractor to install these
improvements, hereinafter referred to as the "Developer Improvements," which
contractor shall be approved by the City in its absolute discretion. The cost of
Developer Improvements is as shown on Attachment B. All Developer Improvements
shall require City inspection and approval and, where appropriate, the approval of any
other governmental agency having jurisdiction. The Developer shall construct and
install at the Developer's expense the following improvements according to the
following terms and conditions:
a. Site Grading
i. No grading shall commence until all requirements of the Rice Creek
Watershed District (RCWD) have been satisfied.
ii. The grading plan and all site grading shall be provided and conducted in
accordance with the plan as approved by the City, NPDES requirements
and the RCWD requirements. The Developer shall perform the work in
accordance with a Storm Water Pollution Prevention Plan (SWPPP)
pursuant to Minnesota Pollution Control Agency (MPCA) requirements.
b. Grading and Erosion Control
The Developer shall grade the site to within 0.2 foot of the grades shown
on the approved grading plan. No deviations will be allowed unless a
revised plan is submitted and approved by the City and all other
regulatory agencies.
ii. The Developer shall be responsible for ascertaining that site geotechnical
and groundwater conditions are adequate and conforming with the
grading and site improvement as proposed.
iii. The Developer's engineer shall certify in writing, with an as -built survey,
that all grading complies with the approved grading plan.
iv. The Developer shall promptly clear dirt and debris within public right-of-
ways and drainage and utility easements resulting from construction by
the Developer, its contractors within five (5) days after notification by
the City. The Developer or its assigns shall be responsible for all
necessary street and storm sewer maintenance, including street
sweeping. Warning signs shall be placed when hazards develop in
streets to prevent the public from traveling on same and directing
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Century Farm 6th Addition and Morell Borrow Pit
Grading Agreement
September 2015
attention to detours. If and when the streets become impassable, such
streets shall be barricaded and closed. The Developer shall maintain a
smooth, hard driving surface and adequate drainage on all temporary
streets.
c. Final site grading and restoration shall be completed.
d. Landscaping shall be furnished and installed in accordance with the approved
plans.
7. Time of Performance. The Developer shall complete site grading and restoration, by
November 31, 2015. The Developer may request an extension of time from the City. If
the extension is granted, it shall be conditioned upon updating the security posted by
the Developer to reflect cost increases and the extended completion date.
8. City Improvements. The following improvements, hereinafter referred to as "City
Improvements" shall be designed, inspected, surveyed and administered by the City,
and installed in the Subject Property at Developer Expense by the City:
No City Improvements are proposed to be constructed.
9. Record Drawings.
a. Upon project completion, Developer shall submit record drawings, in electronic
format of site grading. The files shall be drawn in Anoka County NAD 83
Coordinate system and provided in both AutoCad .dwg and Adobe .pdf file
formats. The plans shall include accurate locations, dimensions, elevations,
grades, slopes and all other pertinent information concerning the complete work.
No securities will be fully released until all record drawings have been submitted
and accepted by the City Engineer.
b.
10. Faithful Performance of Construction Contracts and Security.
a. The Developer will fully and faithfully comply with all terms and conditions of any
and all contracts entered into by the Developer for the installation and
construction of all Developer Improvements. Concurrent with the execution
hereof by the Developer, the Developer will furnish to, and at all times thereafter
maintain with the City, a cash deposit, certified check, or Irrevocable Letter of
Credit, based on one hundred fifty (150%) percent of the total estimated cost of
Developer's Improvements.
b. Irrevocable Letter of Credit. An Irrevocable Letter of Credit shall be for the
exclusive use and benefit of the City of Lino Lakes and shall state that it is issued to
guarantee and assure performance by the Developer of all the terms and
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Century Farm 6th Addition and Morell Borrow Pit
Grading Agreement
September 2015
conditions of this Development Contract and construction of all required
improvements in accordance with the ordinances and specifications of the City.
The City reserves the right to draw, in whole or in part, on any portion of the
Irrevocable Letter of Credit for the purpose of guaranteeing the terms and
conditions of this contract. The Irrevocable Letter of Credit shall be automatically
extended for additional periods of one year from present or future expiration
dates. The Irrevocable Letter of Credit may not be terminated without the City's
written consent.
c. Alternatively the Developer may enter into a Public Improvement Surety
Agreement in the form attached hereto as Attachment C.
d. Reduction of Security. The Developer may request reduction of the Letter of Credit
or cash deposit based on prepayment or the value of the completed
improvements at the time of the requested reduction.
11. Warranty. Restoration and erosion control, grass and sod shall be warranted to be alive,
of good quality and disease free for twelve (12) months after planting. Prior to final
acceptance of the Developer Improvements the City shall require a Performance Bond or
Cash Escrow to cover the warranty provisions of this Agreement. The amount shall be
determined by the City Engineer.
12. Dedication. The Developer shall dedicate to the City, at no cost to the City, any
permanent or temporary easements that may be necessary for the construction and
installation of the Developer Improvements. All such easements required by the City
hall be in writing, in recordable form, containing such terms and conditions as the City
hall determine.
13. Recording and Release. The Developer agrees that the terms of this Development
Agreement shall be a covenant on any and all property included in the Subdivision. The
Developerr agrees that the City shall have the right to record a copy of this Development
Agreement with the Anoka County Recorder to give notice to future purchasers and
owners. This shall be recorded against the Subdivision described on Page 1. City shall
provide to Developer upon payment of all the special assessments levied against a
parcel, a release of such parcel from the terms and conditions of this Development
Agreement subject to provisions contained in this Agreement.
14. Escrow for City's Costs.
a. The Developer agrees to establish a non-interest bearing escrow account with
the City in an amount determined by the City Administrator or his designee for
the payment of all costs incurred by the City related to the development of the
Subdivision including, but not limited to, the following (See Attachment B for
breakdown of costs):
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Century Farm 6th Addition and Morell Borrow Pit
Grading Agreement
September 2015
i. Planning review fees.
ii. Administration - 3% of Developer Improvement Costs.
iii. City Engineering and Construction Oversite and Administration.
b. If the above escrow amounts are insufficient, the Developer shall make such
additional deposits as required by the City. The City shall have a right to
reimburse itself from the Escrow upon notice to the Developer, with suitable
documentation supporting the charges.
15. Developer Fees. The Developer also agrees to pay fees related to the grading of the
Subdivision (See Attachment B for breakdown of costs):
16. Hours of Construction Activity.
All construction activity shall be limited to the hours as follows:
Monday through Friday 7:00 a.m. to 7:00 p.m.
Saturday 9:00 a.m. to 5:00 p.m.
Sunday and Holidays No working hours allowed
17. Insurance. Developer or its general contractor shall take out and maintain until one (1)
year after the City has accepted the Developer Improvements, public liability and
property damage insurance covering personal injury, including death, and claims for
property damage which may arise out of the Developer's work or the work of his
subcontractors or by one directly or indirectly employed by any of them. Limits for
bodily injury and death shall be not less than Five Hundred Thousand and no/100
($500,000.00) Dollars for one person and One Million and no/100 ($1,000,000.00)
Dollars for each occurrence; limits for property damage shall be not less then Two
Hundred Thousand and no/100 ($200,000.00) Dollars for each occurrence; or a
combination single limit policy of One Million and no/100 ($1,000,000.00) Dollars or
more. The City, its employees, its agents and assigns shall be named as an additional
insured on the policy, and the Developer or its general contractor shall file with the City
a certificate evidencing coverage prior to the City signing the plat. The certificate shall
provide that the City must be given ten (10) days advance written notice of the
cancellation of the insurance. The certificate may not contain any disclaimer for failure
to give the required notice.
18. Developer's Default. In the event of default by the Developer as to any of the work to
be performed by it hereunder, the City may, at its option, perform the work and the
Developer shall promptly reimburse the City for any expense incurred by the City,
provided the Developer is first given notice of the work in default, not less than 48
hours in advance. This Agreement is a license for the City to act, and it shall not be
necessary for the City to seek a court order for permission to enter the land. When the
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Century Farm 6th Addition and Morell Borrow Pit
Grading Agreement
September 2015
City does any such work, the City may, in addition to its other remedies, levy the cost in
whole or in part as a special assessment against the Subject Property. Developer waives
its rights to notice of hearing and hearing on such assessments and its right to appeal
such assessments pursuant to Minnesota Statutes, Section 429.081.
19. General.
a. Binding Effect
The terms and provisions hereof shall be binding upon and inure to the benefit
of the heirs, representatives, successors and assigns of the parties hereto and
shall be binding upon all future owners of all or any part of the Subdivision and
shall be deemed covenants running with the land.
b. Validity.
If a portion, section, subsection, sentence, clause, paragraph or phrase in this
contract is for any reason held to be invalid by a court of competent jurisdiction,
such decision shall not affect or void any of the other provisions of the
Development Contract.
c. Notices
Whenever in this agreement it shall be required or permitted that notice or
demand be given or served by, either party to this agreement to or on the other
party, such notice or demand shall be delivered personally or mailed by United
States mail to the addresses below by certified mail (return receipt requested).
Such notice or demand shall be deemed timely given when delivered personally
or when deposited in the mail in accordance with the above. The addresses of
the parties are as set forth until changed by notice given as above.
Century Farm North Development, Inc.
Attn: Gary M. Uhde
3157 Berwick Knoll
Brooklyn Park, MN 55443
Jeffrey E. Morell
7860 Sunset Avenue
Lino Lakes, MN 55014
Community Development Director
City of Lino Lakes
600 Town Center Parkway
Lino Lakes, MN 55014
page 6
Century Farm 6th Addition and Morell Borrow Pit
Grading Agreement
September 2015
DEVELOPER
By
Gary M. Uhde
Its
Century Farm North
Development, Inc.
By
Jeffrey E. Morell
STATE OF MINNESOTA
) ss.
COUNTY OF ANOKA
CITY OF LINO LAKES
By
Mayor
ATTEST:
By
City Clerk
On this day of , in the year of 2015 before me, a Notary
Public within and for said County, personally appeared Julianne Bartell, City Clerk of the City of
Lino Lakes, who executed the foregoing instrument, attesting to the signature of Jeff Reinert,
Mayor and acknowledged that it was executed on behalf of said City.
Notary Public
STATE OF MINNESOTA
COUNTY OF
On this day of , 2015, before me, a Notary Public within and
for said County, personally appeared Gary M. Uhde, of Century Farm
North Development, Inc. (Developer), who executed the foregoing instrument.
Notary Public
page 7
Century Farm 6th Addition and Morell Borrow Pit
Grading Agreement
September 2015
STATE OF MINNESOTA
COUNTY OF
)
) ss.
On this day of , 2015, before me, a Notary Public within and
for said County, personally appeared Jeffrey E. Morell, who executed the foregoing instrument.
Notary Public
This instrument was drafted by:
City of Lino Lakes
600 Town Center Parkway
Lino Lakes, Minnesota 55014
page 8
Century Farm 6th Addition and Morel! Borrow Pit
Grading Agreement
September 2015
ATTACHMENT A
Legal Description
THAT PRT OF SW1/4 OF NW1/4 OF SEC 7 TWP 31 RGE 22 DESC AS FOL: BEG AT A PT ON W LINE
OF SD 1/4 1/4, 328 FT S OF NW COR THEREOF, TH E PRLL/W N LINE OF SD 1/4 1/4, 1047 FT, TH
S PRLL/W SD W LINE 208FT, TH W PRLL/W SD N LINE 1047 FT TO SD W LINE, TH N ALG SD W
LINE 208 FT TO POB, EX RD, SUBJ TO EASE OF RECORD
And
THAT PRT OF SW1/4 OF NW1/4 OF SEC 7 TWP 31 RGE 22 DESC AS FOL: BEG AT PT ON W LINE
OF SD 1/4 1/4, 536 FT S OF NW COR THEREOF, TH E PRLL/W N LINE OF SD 1/4 1/4, 1047 FT, TH
S PRLL/W SD W LINE 208 FT,TH W PRLL/W SD N LINE 1047 FT TO SD W LINE, TH N ALG SD W
LINE 208 FT TO POB, EX RD, SUBJ TO EASE OF RECORD
And
OUTLOT A CENTURY FARM NORTH 5TH ADDITION
And
THAT PART OF THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION 7,
TOWNSHIP 31, RANGE 22.
BEGINNING AT THE NORTHWEST CORNER OF THE SOUTHWEST QUARTER OF THE NORTHWEST
QUARTER OF SECTION 7, TOWNSHIP 31, RANGE 22, THENCE SOUTH ALONG THE WEST LINE OF
SAID SOUTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION 7, ON AN ASSUMED
BEARING OF S00 27112"E A DISTANCE OF 120 FEET; THENCE N87 36' 19"E EAST A DISTANCE OF
360 FEET; THENCE, PARALLEL WITH SAID WEST LINE OF THE SOUTHWEST QUARTER OF THE
NORTHWEST QUARTER TO A POINT OF INTERSECTION WITH THE NORTH LINE OF SAID
SOUTHWEST QUARTER OF THE NORTHWEST QUARTER; THENCE WESTERLY ALONG THE NORTH
LINE OF THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER TO THE POINT OF
BEGINNING.
page 9
9/11/2015
ATTACHMENT B
PROJECT: CFN 6TH ADDITION & MORELL BORROW NUMBER OF REU's: NA
APPLICANT: Century Farm North Development, Inc. and Jeffrey E. Morell
IMPROVEMENTS
COST NOTES
DEVELOPER IMPROVEMENT COSTS
SITE GRADING $71,610
EROSION CONTROL $1,275
LANDSCAPING $1,080
STREETS $0
STORM SEWER CONST. $0
SANITARY SEWER CONST. $0
WATERMAIN CONST. $0
ENGINEERING & SURVEYING $5,000
Total $78,965
Letter of Credit Amount X 150%
$118,448 Surety Agreement Option is 125%
CITY IMPROVEMENT COSTS
TRUNK SANITARY SEWER $0 $3,073/REU
TRUNK SANITARY SEWER CREDIT $0 Estimated until final construction
TRUNK WATERMAIN $0 $4,069/REU
TRUNK WATERMAIN CREDIT $0 Estimated until final construction
TOTAL TRUNK FEES $0
SURFACE WATER MANAGEMENT $0 $1,832/REU ($0.12/SF Includes 1, 2, 4, & 6)
SURFACE WATER MANAGEMENT CREDIT $0
Total $0
Letter of Credit Amount X 35% $0
ESCROW
PLANNING REVIEW $1,500
ADMINISTRATION $2,370 3% of construction
ENGINEER PLAN REVIEW $2,500
ENGINEER CONSTRUCTION SERVICES $2,500
PROJECT FINAL DOCUMENTS & CITY ENGINEER $4,500
STREET LIGHT INSTALLATION $0
STREET & STORMWATER MAINTENANCE $2,500
PROPERTY TAXES _ $0 If final plat between July 1 and Dec. 31
Total $15,870
FEE DEPOSIT
PARK DEDICATION $0
PARK DEDICATION CREDIT $0
SEAL COATING FEE $0 $2.70/SY of road
AERIAL PHOTO FEE $0 $90/Lot
STREET LIGHTING OPERATION $0 $105/Light
Total $0
SUMMARY OF COSTS
LETTER OF CREDIT DEVELOPER IMP'MENT COSTS $118,448
LETTER OF CREDIT CITY IMPROVEMENT COSTS $0
ESCROW $15,870
FEES $0