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ARDEN HILLS PLANNING COMMISSION – November 5, 2014 4 3. That the applicant shall submit a financial surety in the amount of 125 percent of the estimated costs of landscaping prior to the issuance of a grading permit. The financial surety shall be in the form of a letter of credit issued by a FDIC-insured Minnesota bank. The purpose of the letter of credit is to ensure that landscaping is completed in the event that the developer defaults on the approved plan. The City will hold the letter of credit for two years after the installation of landscaping. The letter of credit should not expire during the two-year period. 4. That the final tree and landscaping plan shall be approved by the City before the issuance of the grading permit to ensure that the plan meets the landscaping regulations stated in Section 1325.05 of the City Code. 5. That any newly created parking space or parking area shall meet the parking regulations stated in Section 1325.05 of the City Code. 6. That a Grading and Erosion Control Permit shall be issued by the City before the commencement of any construction, grading or disturbance of soil within the parking lot area. 7. That a cross access easement agreement shall be filed with Ramsey County in order to permit access to the new parking area from 1230 Grey Fox Road. City Planner Streff reviewed the options available to the Planning Commission on this matter: 1. Recommend Approval with Conditions 2. Recommend Approval as Submitted. 3. Recommend Denial 4. Table Chair Larson opened the floor to Commissioner comments. Chair Larson understood that the infiltration basin was being traded for a storm water retention pond. He asked if the site plans had been thoroughly reviewed by the City Engineer. City Planner Streff explained that this was the case and the City Engineer had approved the plans. It was noted that the applicant would have to apply for a grading and erosion control permit, which would require another review of the plans by staff. Commissioner Holewa questioned if the Rice Creek Watershed had reviewed and approved the plans. City Planner Streff commented that the Rice Creek Watershed District had reviewed the plans and have given conditional approval. Commissioner Zimmerman inquired why the additional parking was being requested. City Planner Streff deferred this question to the applicant, but he believed the number of employees has increased at the site and therefore, additional parking spaces were being requested. Chair Larson requested further information on how the north end of the proposed parking area was designed.