Agenda Packets - 2000/08/14 - Laserfiche WebLink

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Walgreens Planned Unit Development Walgreens PUD Mounds View Planning Case PD00-001 2387 Highway 10 Exhibit 2 of City Council Resolution 5462 Page 7 Approved by the City Council on this __ day of _____, 2000. 18. Deceleration Lane The Developer shall construct a deceleration lane and reinforce the existing shoulder area according to the specifications and requirements of the agency having jurisdictional control over Highway 10. The Developer shall be responsible for obtaining necessary permits to work within the Highway 10 right of way. 19. Sidewalks &Trailways The Developer shall be responsible for extending the sidewalk along and within the Edgewood Drive right of way from the Community Center to Highway 10. The sidewalk shall match the existing walk in all respects. The Developer shall also be responsible for installing a nine-foot wide bituminous trailway along and within the Highway 10 right of way extending from Edgewood Drive to the St. Stephen Street right of way. (The Developer will be responsible for obtaining necessary permits to work within the Highway 10 right of way.) In addition, the Developer shall be responsible for installing a nine-foot wide bituminous paved trailway extending north through Outlot A (the former Midland Videen land) connecting the Highway 10 trailway to the Community Center, linking with the southeastern corner of the Community Center’s parking lot. Where the trailway crosses the development’s Highway 10 access drive, the Developer shall stripe the pavement to indicate a pedestrian crossing and shall install signage as may be appropriate. 20. Platting & Easements This PUD requires a replatting of the properties involved to create the two developable parcels (Lot 2 and Lot 3) as well as to create a parcel encompassing the wetlands and relocated stormwater pond to be transferred to the City (Outlot A.). This land subdivision shall comply with Title 1200 of the Mounds View Municipal Code. This Title includes a requirement for the payment of park dedication fees based upon the fair market value of land to be developed. The fair market value of the land will be based on a recent commercial appraisal performed by Appraisal Concepts, Inc. The appraisal, dated June 30, 2000, assigned a value of $166,000 to the one-acre remnant parcel, or, $3.81 per square foot. Applying the square footage value to the 116,875 square feet of area to be developed results in a land value of $445,294. A ten percent park dedication fee would amount to $44,529. The plat, which is named Mounds View City Hall Addition, shall dedicate a perpetual drainage and utility easement to cover all drainage areas, wetlands, ponds, storm sewers, water mains, fire hydrants, and all utility lines and services. In addition, the plat shall dedicate a five-foot drainage and utility easement around the perimeter of both Lots 2 and 3, with the exception of the common property line between said lots. The Developer shall provide to the City a cross access and parking easement which allows for the shared use of the Highway 10 and Edgewood Drive accesses by both Lots 2 and 3. The cross access and parking easement shall be approved as to form by the City Attorney, executed and recorded prior to approval of the final plan. The plat shall also indicate a vacation of the former alignment of Edgewood Drive as well as a vacation of a previously dedicated sign easement controlled by the City which no longer serves a public purpose. The Developer shall record the approved plat with Ramsey County and provide the City with a reproducible Mylar copy of the plat.