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ARDEN HILLS CITY COUNCIL—NOVEMBER 24, 2014 9 approve, deny or table this request. Both the motion to approve and the motion to table resulted in a split vote (3-3). Therefore, the Planning Commission forwarded this Site Plan Review and Variance request to the City Council with no recommendation. If the City Council approves the Site Plan Review and Variance, staff has offered the following eight (8) conditions: 1. That the project shall be completed in accordance with the plans submitted as amended by the conditions of approval. Any significant changes to these plans, as determined by the City Planner, shall require review and approval by the Planning Commission and City Council. 2. That the variance shall permit the reduction of landscaping coverage from 24.06% to 20.32% and increase the impervious coverage from 75.94%to 79.68%. 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. 8. That the project shall be approved by the Rice Creek Watershed District (RCWD). Councilmember Holden asked who would be responsible for maintaining the current swale located between the two properties. City Planner Streff indicated that the property owner currently maintains the swale between 1230 Grey Fox Road and 1160 Grey Fox Road. John Thompson, Transwestern, explained that Traveler's Insurance has occupied this site (1160 Grey Fox Road) for the past 25 years. He reviewed the landscaping and beautification efforts that Traveler's has made along Dunlap Avenue. He noted that Taylor Corporation was interested in renting a portion of this property which has led to the need for additional parking. He reviewed how water currently runs off of the site, along with how the runoff would be managed through the proposed holding pond. He noted that he recently signed a 5 year renewal with Taylor Corporation with the understanding that the parking would be approved. Councilmember Holmes requested further information on Venture Solutions.