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d. Vacation of the existing sewer easement and dedication of the proposed replacement sewer 61 easement shall be addressed in conjunction with the Public Improvement Contract that will 62 be required for the reconstruction of the sewer infrastructure related to those easements. 63 The vacation has been approved, and a Notice of Completion will be issued once the sewer is 64 realigned in the new easement as proposed. 65 e. The applicant shall pay park dedication fees in the amount of $3,500.00 per unit; 66 The purchase agreement that pertains to both the Cherrywood Pointe and Applewood Pointe 67 sites includes payment of $350,000 for park dedication fees (equal to 100 units at $3,500 per 68 unit) for the Cherrywood Pointe development, which serves as a waiver of 100 units worth of 69 park dedication fees from the total obligation of the development. Because the total number 70 of units in the Cherrywood Pointe development is not specified as part of the final plat 71 application, the balance of the park dedication fee for units in excess of 100 should be paid 72 at the time building permits are issued. This condition does not require any specific action at 73 this time, but is a recommended as a condition of final plat approval. 74 f. The applicant shall complete a traffic study for this project. The traffic study will be reviewed 75 by, and any required mitigation efforts approved by, the City Engineer prior to the issuance of 76 a building permit. 77 The traffic study has been completed. No major ramifications from the proposed development 78 were identified, but any required mitigations will be specified in the Public Improvement 79 Contract. 80 g. The applicant is aware that any future variance requests will be reviewed on their merits, and 81 the platting process does not have any impact on the variance process, if needed, in the 82 future. 83 This condition does not require any specific action at this time. No variances are being 84 requested, and this is not a recommended condition of final plat approval. 85 OC THER OMMENTS 86 Lot 2 Block 1 of the plat essentially comprises the City-owned portion of the subject property. 87 The purchase agreement noted above will transfer this land to United Properties, but will grant 88 an easement to Roseville in order to ensure access from Lexington Avenue to potential future 89 developments south of the Cherrywood Pointe site. This access easement does not appear on the 90 t need to; it would be accounted for in the purchase agreement. 91 The recently-adopted tree preservation ordinance provided some options for meeting tree 92 replacement obligations that remained when a tree replacement plan cannot reasonably 93 accommodate the full amount of replacement trees on a development site. Specifically, the City 94 can direct that some or all of the remaining replacement trees be planted on public lands, 95 presumably in conjunction with public works projects or parks improvements, or the City can 96 in 97 various places, as the need arises. 98 Beyond the trees to be re-planted on site, United Properties is responsible for 1,298 remaining 99 caliper inches of replacement trees. Assuming that replacement trees are equal to the 3-inch 100 caliper minimum requirements, that would be 433 trees; further, if the City Council establishes a 101 fee of $500 per tree, the equivalent fee in lieu of trees would be $216,500. But the new tree 102 preservation code caps that fee at 10% of the Fair Market Value (FMV) of the site; Ramsey 103 PF15-015_RCA_031416-Final.doc Page 3 of 5