11-06-02 CCM - Laserfiche WebLink

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is very close to $35,000. A portion of the approved trail alignment with the plat may have value as a Public Trail. The extent of the trails that the Council deems of value as Public will be constructed to a higher standard —an extra 2 inches of rock base. The cost of this extra construction and any easement value determined by the City's appraiser would be credited to the final Park Dedication Fee payable to the City. It was the consensus of the Council that the developer's surveyor would prepare Public easements to the City for the entire proposed trail except the portion in the village green. Also, Public easements would be prepared to extend the trail northeasterly from the northeast corner of the 43`d Street North right of way; and, southerly to the south line of the plat. Additional Public trail should be constructed in the northeasterly extension, but not in the southerly extension. The developer will be given credit to the 7% Park Dedication Fee for the value of the Public easements, as determined by the City appraiser; and, credit for the cost of 2 inches of additional based material (to a total of 6 inches) under the Public trail sections, the value of which to be determined by the City Engineer. The Lake Elmo Parks Supt. will look at what should be done in the area of the Shiltgen property and the possibility of erecting a fence. M/S/P Armstrong/DeLapp - to adopt Resolution No. 2002-125, Approving the Final Plat and Development Agreement for Sunfish Ponds on the following condition: 1. Compliance with the requirements of the City Attorney and City Engineer. 2. Park Dedication Fee to be 7% of he Appraiser's market Value less Trail Credit as determined by City Staff and the Park Commission and 4. Defining the public trail and completion date. (Motion passed 5-0). C. Escrow Release - Tamarack Farm The City Engineer certified that all required improvements within this project are complete and recommends release of escrow and final acceptance by the City. The City Planner reported that he and Mike Bouthilet reviewed the tree planting with the approved Landscape Plan for the project and agree that, although the new trees are grouped more than the original plan showed, the count appears to be in line with the developer's responsibilities on approved landscape plan, when the several naturally wooded lots are considered. Staff recommends release of the remaining $8,750 Letter of Credit security for plat improvements; and acceptance of the Public Improvements constructed within the plat. M/S/P Dunn/Armstrong — to release Tamarack Farms Estates development security in the amount of $8,750 (Letter of Credit #295) and to accept Public Improvements. (Motion passed 5-0.) LAKE ELMO CITY COUNCIL MINUTES NOVEMBER 6, 2002