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ARDEN HILLS PLANNING COMMISSION – May 3, 2017 4 <br /> <br />be tabled until the June 7, 2017 Planning Commission meeting, some of the condition may <br />change if plan revisions are submitted by the applicant: <br /> <br />1. The Preliminary Plat and Final Plat drainage easements shall be expanded to twelve (12) <br />feet in width dedicated to the City along the right-of-way and centered on common lot <br />lines to match the City Code requirement. <br />2. The applicant will supply a Tree Preservation Plan that complies with the City Code <br />requirements before the City Council approval of the Ernie Nelson Estates plat. <br />3. The project shall be completed in accordance with the submitted plans as amended by the <br />conditions of approval. Any significant changes to these plans, as determined by the City <br />Planner, shall require review and approval by the Planning Commission and City <br />Council. <br />4. The execution of the Final Plat shall be contingent upon the Metropolitan Council’s <br />approval of the Comprehensive Plan Amendment. <br />5. The development agreement shall be prepared by the City Attorney and subject to City <br />Council approval. The development agreement shall be executed prior to execution of the <br />Final Plat. <br />6. The Developer shall submit a park dedication, subject to the approval of the City Council, <br />equal to $26,000 (four (4) lots times $6,500 per lot). The City shall use the park <br />dedication to expand the City’s parks, trails, and recreation system. <br />7. The Developer shall submit a financial surety in the amount of 125 percent of the <br />estimated costs of site improvements including grading, utilities, stormwater filtration <br />systems, and driveway openings, 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 bank, <br />and be in a form acceptable to the City. The purpose of the letter of credit is to ensure that <br />site improvements are completed in the event that the developer defaults on the <br />Development Agreement. <br />8. The Developer shall submit a cash escrow in the amount of 25 percent of the estimated <br />costs of site improvements including grading, utilities, stormwater filtration systems, and <br />driveway openings, prior to the issuance of any development permits. The escrow will be <br />used for City costs related to review, approval, and inspection of site improvements or <br />any costs incurred by the City in the event of a developer default. <br />9. The Developer shall submit a financial surety in the amount of 125 percent of the <br />estimated costs of the materials and installation for any tree replacement requirements <br />prior to the issuance of any development permits. The financial surety shall be in the form <br />of a letter of credit issued by a FDIC-insured bank. The purpose of the letter of credit is to <br />ensure that landscaping is completed in the event that the developer defaults on the <br />Development Agreement. The City will hold the letter of credit for two years after the <br />installation of landscaping. The letter of credit should not expire during the two-year <br />period. <br />10. The proposed project may require permits, including, but not limited to, MPCA-NPDES, <br />Rice Creek Watershed District, Minnesota Department of Health, MPCA- Sanitary Sewer <br />Extension, Ramsey County and City Right of Way, and City Grading and Erosion Control <br />permits. Copies of all issued permits shall be provided to the City prior to the issuance of <br />any building permits. <br />11. The final plans shall be subject to approval by the Fire Marshal prior to the issuance of a <br />building permit.