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City of Arden Hills Chapter 13 Zoning Code <br /> <br /> <br />Section 1320 – District Provisions <br />Adopted: November 13, 2006 <br />Page 23 of 24 <br /> <br /> <br />guarantee in a penal sum equal to one hundred twenty-five (125) percent <br />of the cost of such improvements as estimated by the City. The <br />development agreement and bond shall be filed with the administrator no <br />later than sixty (60) days after PUD Final Plan approval. <br /> <br />2. The development agreement may provide for several bonds covering <br />separate aspects of the PUD, the aggregate of which shall total one <br />hundred twenty-five (125) percent of all the improvements to be <br />constructed and completed by the applicant pursuant to the approved <br />PUD Final Plan. In this case, each bond required by the development <br />agreement shall be filed no later than sixty (60) days after PUD Final Plan <br />approval. It may also require guarantee bonds in the penal sum of one <br />hundred (100) percent of the cost of completed improvements, as <br />estimated by the City Engineer to guarantee such improvements for <br />whatever lengths of time are specified therein. The release of any bond or <br />any portion thereof shall either be governed by the terms and provisions <br />of the development agreement or shall be based upon the <br />recommendation of the City Engineer or City Planner and approval by the <br />City Council. <br /> <br />3. If the applicant fails to enter into a development agreement and to file <br />the corporate surety bond with the administrator by the expiration of the <br />sixty day period, the PUD Permit, Final Plat (if any) and approved PUD <br />Final Plan shall be deemed void, nullified and revoked unless an <br />extension is requested in writing by the applicant and for good cause <br />granted by the City Council. <br /> <br />E. Park and Open Space Dedication and Covenants. <br /> <br />1. To ensure that any park, open space, recreational areas, common <br />areas and the like that are proposed to be owned and maintained by a <br />homeowners' association, business improvement district, or other similar <br />association are properly maintained for their approved uses, the City <br />Council may require that the applicant execute and grant to the City <br />easements and covenants over such areas within sixty (60) days after the <br />City Council has made such requirements. <br /> <br />2. If the applicant fails to execute the open space easements and <br />covenants and to file the same with the administrator by the expiration of <br />the sixty (60) day period, the PUD Permit, Final Plat, if any and Final Plan <br />shall be deemed to be void, nullified and revoked unless an extension has <br />been required in writing by the applicant and for good cause granted by <br />the City Council. <br />1320.14 Planned Unit Development (PUD) Overlay District. <br /> <br />Subd. 1 General Purpose. The Planned Unit Development (PUD) District promotes <br />the development of land in a unified manner by treating the entire development as a <br />single entity and relaxing the strict application of standard zoning and subdivision