Laserfiche WebLink
<br />however, the applicants' bank will not issue a line of credit to an individual residential property <br />owner for this type of proj ect. While the applicants could submit a cash escrow to the City, the <br />initial outlay for the landscaping plan would then be as high as $106,334 ($59,093 for the cash <br />escrow to the City and $47,272 for the actual landscaping). Assuming the landscaping plan is <br />fully implemented and viable, the cash escrow would be returned to the applicants over a two <br />year period; however, the up front costs would substantial and unworkable for the applicants and <br />most other property owners. In order to resolve this issue and to keep the re-Iandscaping plan on <br />track, Staff, with support from the City Attorney, proposes to modifY the Landscaping Plan/Site <br />Development Agreement. <br /> <br />The modified agreement would require the applicants to submit a $3,000 cash escrow to the City, <br />and agree to a condition that would allow the City to assess the property for any additional costs <br />associated with enforcing, completing, or replacing any portion of the landscaping plan that is <br />not implemented or does not survive. Provided the landscaping is implemented and maintained <br />as approved, the $3000 cash surety would be refunded two years after the plan is fully <br />implemented and successfully inspected by the City. The City's ability to assess the property for <br />the costs associated with the landscaping plan would also expire two years after the plan is fully <br />implemented. The overall timeframe is the same as the original agreement. All other conditions <br />would remain unchanged. <br /> <br />The intent of a financial surety is to encourage compliance with an approved plan and conditions. <br />In this planning case, the City's goal is to have the property stabilized and re-landscaped at the <br />cost of the applicants. While the tool to enforce the agreement would change, the intent of the <br />original financial surety condition would still be met. The City will still have a financial <br />instrument that could be used to complete or replace the landscaping should the property owner <br />not fully comply with the approved landscaping plan. <br /> <br />If the Council approves the modified Landscaping Plan/Site Development Agreement, the <br />applicants have agreed to sign the modified agreement. It is important to note that the applicants <br />volunteered to go through this somewhat improvised site plan review process that was used to <br />develop the re-Iandscaping plan. As was noted last year, the Zoning Code does not prescribe a <br />specific remedy for this type of violation, and there are no other similar violations on file on <br />which to model a remedy. While the City could have issued a citation for the violation, the <br />landscaping plan that was developed through the site plan review process is almost certainly <br />more comprehensive than any fine or landscaping plan that may have been required in a <br />successful lawsuit. <br /> <br />While the significance ofthe violation should not be downplayed, the primary goal is to develop <br />a solution that results in the best possible outcome for the surrounding neighborhood and City. <br />Adopting an administrative citation process may help the City impose more stringent financial <br />penalties for future code violations; however, additional research is needed before adopting such <br />a process, <br /> <br />As may be noticed in the original Site Development/Landscaping Agreement, term number five <br />required the applicants to submit the financial surety before the City issued any building permits. <br /> <br />\lMetro-inet.us\ardenhillsIPlanninglPlanning Cases\2006\06-028 Ngo Site Plan Review (APPROVED)\043007 - CC Report - Modified <br />Development Agreement.doc <br /> <br />Page 2 of3 <br />