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Item 08C
<br />Page 4 of 5
<br />WHEREAS, the City of Mounds City Code, Section 1204.02, Subd 4 (Dedication
<br />Amount), allows for the dedication by the subdivider to the City, up to ten percent (10%) of the
<br />buildable land (land area minus right-of-way dedication), or cash equivalent. The City is
<br />requiring a Park Dedication Fee of $110,000 based on 10% of the land sale price ($1,350,000
<br />minus $250,000 in Variable Costs of Developing the Development Property); and,
<br />WHEREAS, the Developer agrees to construct public improvements, including streets,
<br />trails, sidewalks, and private improvements, as shown on the approved Site Plan and
<br />Development Review (Resolution 9132); and,
<br />NOW, THEREFORE, BE IT RESOLVED, the City Council finds that the request is
<br />consistent with the City of Mounds View City Code, Title 1000 (Building and Development
<br />Regulations), Title 1100 (Zoning Code), and Title 1200 (Land Subdivision), and the
<br />Comprehensive Plan; and,
<br />NOW, THEREFORE, BE IT FURTHER RESOLVED, based upon the above
<br />findings, the information and documents regarding the proposed Final Plat, the Staff Report, the
<br />Plat Opinion, testimony of the applicant, and in consideration of public testimony, the City
<br />Council does hereby approve the Final Plat of "Crossroad Pointe", with the following conditions:
<br />1. New utilities within the development shall be located underground (excludes existing
<br />overhead power lines along Mounds View Boulevard, and County Road 1-12); and,
<br />2. The Developer shall obtain applicable permits from the Rice Creek Watershed District
<br />(RCWD), and submit a signed/recorded copy of the Maintenance Agreement for storm
<br />water management facilities to RCWD; and,
<br />3. The Developer agrees to construct at the Developer's expense, a public sidewalk, trail,
<br />and public roadway (Greenfield Avenue turn -around) to city standards as shown on the
<br />plan set, undated (Preliminary Plat/Development Review plans, approved on June 24,
<br />2019) or as amended and approved by City Staff. These improvements shall be
<br />constructed at the time the building is constructed; and,
<br />4. The Developer shall submit a Landscape Escrow to the City in an amount equal to 150%
<br />of the estimated cost of materials (all vegetation) and labor (installation of all vegetation).
<br />The Escrow shall be provided to the City prior to issuance of a Building Permit. The City
<br />shall hold this escrow in a non-interest bearing account. On or about one-year after
<br />landscaping is installed, the City will inspect the property. If all landscaping has
<br />survived, the escrow will be returned to the Developer. If all, or a portion of landscaping
<br />has not survived, the City will notify the Developer, and the Developer shall replace the
<br />landscaping. The City may retain a proportionate amount of this escrow until one-year
<br />after the replacement landscaping is installed and inspected for survivability; and,
<br />5. The Developer agrees to pay to the City, a Park Dedication Fee of $110,000, equivalent
<br />to 10% the agreed sale price (EDA Resolution 19 -EDA -320). This fee shall be paid prior
<br />to the City signing the Final Plat mylars; and,
<br />6. The Developer shall satisfy all requirements of the City Attorney, and Ramsey County
<br />The Mounds View Vision
<br />A Thriving Desirable Communaty
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