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Section 2. Approval of the preliminary plat and the final plat. The City Council hereby approves the preliminary plat and the final plat based on the written findings in this resolution and subject to the following conditions: 1) Drainage and utility easements will be recorded as described on the Preliminary Plat dated 10/17/2024 and Final Plat from E.G. Rud and Sons at the time the final plat is recorded. 2) The highway and utility easement will be vacated as illustrated on the Preliminary Plat map from E.G. Rud and Sons, dated 10/17/2024 at the time the final plat is recorded. 3) The Owners shall submit a title commitment and proforma for a title policy approved by the City Attorney, to be followed by a title insurance policy upon recording the plat and will be subject to any requirements resulting from the City Staff's and the City Attorney's review of the title work and plat opinion issued for this plat. 4) The City Council's approval of the preliminary plat and final plat set forth in this resolution is contingent on the City Attorney's plat opinion letter, review of title work, and any further requirements thereof. 5) The Owners shall adequately address all items as listed in the City Attorney's plat opinion letter or as may be otherwise directed by the City Engineer, City Attorney, or others with review and approval authority of the City. 6) The Owners must address all plat -related comments of City staff. 7) The Owners shall enter into a Developer's Platting Agreement (the "Agreement") with the City to the satisfaction of the City Attorney and City Engineer before recording the plat with Ramsey County and shall satisfy all terms and conditions set forth in the Agreement. 8) Before the approved final plat is filed with the Ramsey County Recorder's office, all applicable fees must be paid. 9) The final plat shall be submitted in a digital format suitable to the City Engineer when the final plat is forwarded for required City signatures. 10) The City's parkland dedication requirements have previously been satisfied for this plat. 11) The Owners must record the final plat and Agreement with the Ramsey County Recorder's Office within twelve (12) months following City Council approval, or the City Council will automatically, without further action, deem the plat null and void unless the City Council extends the deadline to record the final plat. 12) The Owners must provide the City Engineer with a signed mylar copy of the final plat as soon as possible after all signatures have been obtained and after the final plat has been successfully recorded at Ramsey County. DOCSOPEN\MU21 0\339\987158.v6-11/19/24