My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
06-08-2016 PC
ArdenHills
>
Administration
>
Commissions, Committees, and Boards
>
Planning Commission
>
Planning Commission Packets
>
2010-2019
>
PC Packets 2016
>
06-08-2016 PC
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/6/2017 5:08:39 PM
Creation date
6/6/2017 4:55:07 PM
Metadata
Fields
Template:
General
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
150
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />City of Arden Hills <br />Planning Commission Meeting for June 8, 2016 <br /> <br />P:\Planning\Planning Cases\2016\PC 16-014 - Land O' Lakes - PUD\Memos_Reports_16-014 <br />Page 13 of 15 <br />development permits. Upon completion of required Developer improvements, and <br />acceptance by the City, the City may reduce the amount of security for the <br />improvements still to be completed. The financial surety shall be in the form of a <br />letter of credit issued by a FDIC-insured Minnesota bank, and be in a form acceptable <br />to the City. The purpose of the letter of credit is to ensure that private site <br />improvements stabilized in the event that the Developer defaults on the Master PUD <br />Agreement and Phase I Development Contract. <br />7. The Developer shall submit a cash escrow for site improvements, including grading, <br />utilities, and paving, in the amount of $20,000 prior to the issuance of any <br />development permits. The escrow will be used for City costs related to review, <br />approval, and inspection of site improvements or any costs incurred by the City in the <br />event of a developer default. If at any time during the course of construction on the <br />project the amount in the account is reduced to below $5,000, the Developer shall <br />replenish the account to not less than $20,000. In the event there is a failure to <br />replenish the account in accordance with the terms of the Agreement, the City has the <br />right to withhold the issuance of a Certificate of Occupancy until the deficiency is <br />paid. Upon completion of the project, payment of all outstanding bills and satisfaction <br />of this Agreement, the City shall refund the remainder of the account to the <br />Developer. <br />8. The Developer shall submit a financial surety in the amount of 125 percent of the <br />estimated costs of landscaping prior to the issuance of any development permits. The <br />financial surety shall be in the form of a letter of credit issued by a FDIC-insured <br />Minnesota bank. The letter of credit shall automatically renew for successive one- <br />year terms unless at least sixty (60) days prior to the next annual renewal date, the <br />issuing bank delivers notice to the City that it intends to modify the terms of, or <br />cancel, the letter of credit. A partial reduction in the letter of credit may be granted by <br />the City in the event that landscaping improvements are installed over successive <br />growing seasons. The purpose of the letter of credit is to ensure that landscaping is <br />completed in the event that the developer defaults on the Development Agreement. <br />9. The Developer shall submit a cash escrow for landscaping improvements in the <br />amount of $15,000 prior to the issuance of any development permits. The escrow will <br />be held by the City for two years after installation of landscaping and used for City <br />costs related to review, approval, and inspection of landscaping, or developer default. <br />10. That the proposed project may require permits, including, but not limited to, MPCA- <br />NPDES, Rice Creek Watershed District, Minnesota Department of Health, Ramsey <br />County and City Right of Way, and City Grading and Erosion Control permits. <br />Copies of all issued permits shall be provided to the City prior to the issuance of any <br />development permits. <br />11. That the final plans for Phase 1 shall be subject to approval by the City Engineer, <br />Building Official, and Fire Marshal prior to the issuance of a grading and erosion <br />control permit. <br />12. Final grading, drainage, utility, and site plans shall be subject to approval by the <br />Public Works Director, City Engineer, and City Planner prior to the issuance of a <br />grading and erosion control permit or other development permits.
The URL can be used to link to this page
Your browser does not support the video tag.