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i) Creation of more efficient provision of public utilities and services, lessened demand on transportation, and/or the promotion of energy resource conservation. j) Establishing measures to protect and preserve groundwater storage. k) Allowing the development to operate in concert with a redevelopment plan in certain areas of the City and to ensure the redevelopment goals and objectives will be achieved. SECTION 2. The City Council of the City of Lake Elmo hereby ordains that Title 105 Zoning; Chapter 105.12: Zoning Code, Section 1210 is hereby amended by changing the following section (Proposed language is underlined, deleted language is shown with s riketIffe - r,`- 105.12.1210(c)(3)(d) PUD final plan review. a) The Planning Director shall prepare an analysis of the final documents against the conditions of the PUD preliminary plan approval and shall make a recommendation as to whether all conditions have been met or if the applicant needs to make additional changes to the project plans. b) The Planning Director shall identify any information submittals that were waived so the City Council may determine if such is needed before making a final decision. c) The Planning Director shall finalize the ordinance to establish the proposed overlay district for consideration by the Plmmittg Gaftimissiatt md City Council. d) Gaffifflissiatt9 e) The City Council shall then consider the recommendations of the Planning Director, , aftd the and make a decision of approval or denial, in whole or in part, on the PUD final plan. A City Council denial shall only be based on findings that a PUD final plan is not in substantial compliance with the approved PUD preliminary plan for the required conditions of approval of the approved PUD preliminary plan. f) As a condition of PUD final plan approval, publication of the PUD ordinance shall be required before filing of the approved final plat. g) Planned unit development agreement. 1. At its sole discretion, the City may, as a condition of approval, require the owner and developer of the proposed PUD to execute a development agreement that may include but not be limited to all requirements of the PUD final plan. 2. The development agreement may require the developers to provide an irrevocable letter of credit in favor of the City. The letter of credit shall be provided by a financial institution licensed in the state and acceptable to the City. The City may require that certain provisions and conditions of the development agreement be stated in the letter of credit. The letter of credit shall be in an amount sufficient to ensure the installation or development of all improvements called for by the City and outlined in the development agreement. h) As directed by the City, the applicant or developers shall record with Washington County all documents related to the PUD against the property.