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RESOLUTION 2017- <br />APPROVING PRELIMINARY PLAT FOR EXCELSIOR GROUP, LLC, FOR <br />"ADELAIDE LANDING" ON PROPERTY LOCATED EAST OF HIGHWAY 61 <br />AND NORTH OF 130TH STREET <br />WHEREAS, Excelsior Group, LLC, has requested approval of a preliminary plat to allow <br />construction of 319 single family lots and 10 outlots on the 216 acre property legally <br />described as follows: <br />(See Attached) <br />WHEREAS, the Planning Commission has reviewed the preliminary plat at a duly called <br />Public Hearing and recommends approval, and; <br />NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF HUGO, MINNESOTA, that it should and hereby does approve the <br />request by Excelsior Group, LLC, for a preliminary plat, subject to the following <br />conditions: <br />A preliminary plat is approved to allow the creation of 319 single family home lots <br />and 10 outlots, in accordance with the application and plans received by the City on <br />February 6, 2017, March 10, 2017, March 11, 2017, March 13, 2017, and March 16, <br />2017, except as amended by this resolution. <br />2. Approval is contingent upon City Council approval of a rezoning to PUD for the 216 <br />acre site. <br />3. The developer must comply with Resolution 2017-_, for the PUD. <br />4. Park Dedication is proposed to be satisfied with a combination of land dedication and <br />fee. The amount of land dedicated is 7.8 acres satisfying 53% of the requirement. The <br />park dedication fee shall be paid for each lot platted at the amount of $1,128 per lot. <br />5. The preliminary phasing plan is generally approved per plans dated November 29, <br />2016, revised March 10, 2017. Any major revisions to the phasing plan shall require <br />PUD amendment. Minor modifications shall be reviewed and approved by staff. <br />a. Phase 1 shall include: <br />i. The following items shall be reviewed and approved by staff in <br />regards to 130th Street: <br />1. The preliminary design for 130th Street shall be reviewed <br />and approved by the City staff. <br />2. The developer and the City shall enter into an agreement on <br />a cost sharing formula for the reconstruction of 130th <br />Street. <br />3. The developer and the City shall enter into an agreement on <br />the timing of the reconstruction of 130th Street. <br />