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not limited to, public utilities, streets, trails, sidewalks and boulevards, and to ensure private site work, including erosion <br />control, stormwater management and landscaping, whether public or private, are completed as required by the City. <br />(1) The site improvement agreement must be executed prior to issuance of a building permit. <br />(2) Site improvement agreements shall require financial securities in the estimated amount of the required site <br />improvements to ensure the proper completion and implementation of site restoration, tree preservation, public <br />improvements, erosion controls, and other site work. <br />(3) Site improvement agreements shall require escrowed funds for engineering review, administration, and inspections. <br />Site improvement agreement provisions may be included within a development agreement associated with a plat or subdivision, in <br />which case, a separate site improvement agreement is not required. <br /> <br />SECTION 7. Effective Date. This ordinance shall become effective immediately upon adoption and <br />publication in the official newspaper of the City of Lake Elmo. <br /> <br />SECTION 8. Adoption Date. This Ordinance 2024-05 was adopted on this 20th day of February 2024, by a <br />vote of __ Ayes and ___Nays. <br /> <br /> <br /> LAKE ELMO CITY COUNCIL <br /> <br /> _________________________________ <br /> Charles Cadenhead, Mayor <br /> <br />ATTEST: <br /> <br /> ______________________________ <br />Julie Johnson, City Clerk <br /> <br /> This Ordinance 2024-05 was published on the ____ day of ___________________, 2024. <br />