2017.09.05 RESO 2017-33 Final Plat and DA for Fable Hills 5th

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RESOLUTION 2017-33 APPROVING A FINAL PLAT AND DEVLEOPMENT AGREEMENT FOR ELMCREST INVESTMENTS LLC, FOR FABLE HILLS 5th ADDITION WHEREAS, Elmcrest Investments LLC, has requested approval of a final plat for the property legally described as follows: Outlot C, Fable Hills 4th Addition WHEREAS, the Planning Commission has reviewed the preliminary plat at a duly called public hearing and recommended approval of the preliminary plat; and WHEREAS, the City Council approved the preliminary plat at its meeting on June 1, 2015 and as amended on August 21, 2017. NOW, THEREFORE, BE IT HEREBY RESOVLED BY THE CITY COUNCIL OF THE CITY OF HUGO, MINNESOTA, that it should and hereby does approve the request by Elmcrest Investments, LLC, for a final plat, subject to the following conditions: The final plat is approved to allow the creation of 11 single family lots (villa units) and 2 outlots, in accordance with the plans and application received by the City on July, 21, 2017, August 16, 2017, and August 21, 2017, except as amended by this resolution. 2. The final plat approval is contingent upon the PUD amendment and preliminary plat approval for Fable Hill 4'h Addition. 3. Development standards shall comply with Resolution 2002-40, 2015-29, and 2017-27, as amended. 4. The development standards shall comply the PUD amendment and preliminary plat approvals granted by the City on June 1, 2015 and as amended on August 21, 2017. 5. The developer shall comply with all conditions outlined in the City Engineer's memo dated May 6, 2015, May 27, 2015, and August 31, 2017 6. The plat shall comply with the City's street naming system, except as otherwise approved by the City Council. Staff will continue to work with the applicant on the street names. 7. The plans shall be revised to combine Outlot A and Outlot B into one Outlot. The Outlot will be occupied by wetlands and will be used for future phased of the development. A drainage and utility easement shall be provided over the Outlot. 8. The park dedication requirement shall be met by fee for a total of $50,400 ($2,400 per unit)