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HomeMy WebLinkAbout8B - Knob Hill 2nd Addition STAFF AGENDA REPORT AGENDA #: PREPARED 8Y: SUBJECT: DATE: 88 JANE KANSIER, PLANNING COORDINATOR CONSIDER APPROVAL OF RESOLUTION 97 -XX APPROVING FINAL PLAT AND DEVELOPERS CONTRACT FOR "KNOB HILL SECOND ADDITION" JULY 7,1997 INTRODUCTION: The purpose of this agenda item is to consider approval of the final plat and Developer's Contract for Knob Hill Second Addition. The southerly portion of the land included in this final plat was part of the preliminary plat of Knob Hill, approved by the Council on August 1, 1994. The northerly portion of the site was the preliminary plat of Knob Hill North, approved by the Council on March 3, 1997. The final plat consists of 39.70 acres to be subdivided into 53 lots for single family dwellings, a 1.6 acre parcel dedicated as park (originally labeled as Outlot B), and 4 outlots. Outlots A and C will be developed in a future phase. Outlot D is to be deeded to the adjacent parcel, and Outlot E is the location of a future trail which will be developed when the property to the north is developed. This plat is somewhat unique in that it creates two flag lots (Lots 7 and 8, Block 7). The City Council authorized a variance to approve these flag lots with the approval of the preliminary plat. The reasoning for this variance is the fact that the two lots are situated between two wetlands. In addition, the developer could have created these lots without a variance by adding another 300' cul-de-sac. The cul-de-sac would not have provided access to any additional lots, and would have further disturbed the site. DISCUSSION: The principal requirements for final plat approval include a signed developer's contract with surety for the installation of utilities and streets and the satisfactory completion of all 1:\97fi1es\97subdiv\final\knobhiI2\fprept.doc Page 1 16200 Eagle Creek Ave. S.E., Prior Lake. Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY E:VIPLOYER ALTERNATIVES: RECOMMENDA TION: ACTION REQUIRED: preliminary plat conditions. Staff has reviewed the final plat and finds it to be in substantial compliance with the approved preliminary plats. The conditions placed upon the final plat approval have been satisfied, or will be accounted for in the Developer's Contract and in Resolution 97 -XX approving the final plat. While this plat dedicates some parkland, the site is a wetland and does not qualify for parkland dedication credits. The park dedication requirements for this plat will be satisfied by a cash dedication. City charges for sewer and water, storm water management and collector streets are detailed in the attached development contract. The developer's contract specifies the improvements to be made by the developer, and a signed copy of the contract is attached to this report. Staff will be available to discuss the details of this contract with the Council. 1. Adopt Resolution 97 -XX, approving the final plat for Knob Hill Second Addition and the Developer's Contract. 2. Deny Resolution 97-XX 3. Defer consideration of this item for specific reasons. Alternative #1 pt Resolution 97 -XX 1:\97files \97subdiv\final\knobhiI2\fprept.doc Page 2 RESOLUTION 97-XX RESOLUTION OF THE PRIOR LAKE CITY COUNCIL TO APPROVE THE FINAL PLAT OF "KNOB HILL SECOND ADDITION" AND DEVELOPER'S CONTRACT AND SETTING FORTH CONDITIONS TO BE MET PRIOR TO RELEASE OF THE FINAL PLAT. MOTION BY: SECOND BY: WHEREAS: the City Council held a hearing on and approved, subject to conditions identified in the meeting minutes, the preliminary plat for Knob Hill as approved by Resolution 94-46 on August I, 1994, and the preliminary plat for Knob Hill North as approved by Resolution 97-15 on March 3, 1997; and WHEREAS: the City Council has found that the final plat of "Knob Hill Second Addition" is in substantial compliance with the approved preliminary plats; and WHEREAS: The City Council has approved the final plat of "Knob Hill Second Addition". NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PRIOR LAKE, MINNESOTA, that it should and hereby does require the following conditions to be met, prior to release of, and recording of said plat: 1. A current title opinion or commitment of title insurance be submitted acceptable to the City Attorney. 2. Payment of all fees prior to release of the final plat mylars. 3. Reductions of the entire final plat be submitted, to the following scales: 1" = 800'; I" = 200'; and one reduction at no scale which fits onto an 81/2" x 11" sheet of paper. 4. Four mylar sets of the final plat with all required signatures be submitted. 5. The developer provide financial security, acceptable to the City Engineer prior to release of the [mal plat mylars. 6. The [mal plat and all pertinent documents must be filed with Scott County within 60 days from the date of final plat approval. Failure to record the documents by July 5, 1997, will render the final plat null and void. Passed and adopted this 5th day of May, 1997. YES NO ANDREN VACANT KEDROWSKI MADER SCHENCK ANDREN VACANT KEDROWSKI MADER SCHENCK Frank Boyles, City Manager City of Prior Lake {Seal} I :\97files\ 97 subdi v\final\knobhiI2\rs97 xxcc.doc 16200 Eagle Creek Ave. S.E.. Prior Lake. Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER --.'i ~~ ii, ~! ~i I 5 i . ! 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The Developer has asked the City to approve a Plat for Knob Hill Second Addition (referred to in this Contract as the "Plat"). The land is legally described as shown on attached Exhibit A which is incorporated herein as if fully set forth. 2. CONDITIONS OF PLAT APPROVAL. The City hereby approves the Plat on condition that the Developer enter into this Contract, furnish the security required by it, and record the Plat with the County Recorder or Registrar of Titles within 60 days after the City Council approves the fmal Plat. 3. RIGHT TO PROCEED. Within the Plat or land to be platted, the Developer may not construct sewer lines, water lines, streets, utilities, public or private improvements, or any buildings until all the following conditions have been satisfied: 1) this Contract has been fully executed by both parties, 2) the necessary security, development fees and insurance have been received by the City, and 3) the City Engineer or Designee has issued a letter that all conditions have been satisfied and that the Developer may proceed. 4. PHASED DEVELOPMENT. If the Plat is a phase of a multiphased preliminary Plat, the City may refuse to approve final Plats of subsequent phases if the Developer has breached this Contract or the Resolution approving the Final Plat and the breach has not been remedied. Development of subsequent phases may not proceed until Development Contracts for such phases are approved by the City. Fees and charges collected by the City in connection with infrastructure and public improvements I: \97files\97 subdiv\ final\knobhiI2\dvcmrct. doc 1 06/25/97 are not being imposed on outlots, if any, in the Plat that are designated in an approved preliminary Plat for future subdivision into lots and blocks. Such charges will be calculated and imposed when the outlots are subdivided into lots and blocks. 5. PRELIMINARY PLAT STATUS. If the Plat is a phase of a multiphased preliminary Plat, the Developer shall submit a Staging Plan for City Council approval which may allow the Developer more than one (1) year to subdivide the property into lots and blocks. 6. DEVELOPMENT PLANS. The Plat shall be developed in accordance with the following plans. The plans shall not be attached to this Contract, but are incorporated by reference and made a part of this Contract as if fully set forth herein. If the plans vary from the written terms of this Contract, the written terms shall control. The plans are: Plan A -- Approved Final Plat Dated June 13, 1997 (prepared by Pioneer Engineering) Plan B -- Final Grading, Development, and Erosion Control Planes). The soil erosion plan must also be approved by the Prior Lake/Spring Lake Watershed District. Dated June 20, 1997 (prepared by Pioneer Engineering) Plan C -- Tree Preservation and Replacement Plans and Landscaping Plan Dated June 24, 1997 (prepared by Pioneer Engineering) Plan D -- One set of mylar reproducible Plans and Specifications for Developer Improvements Plan E -- Street Lighting Plan Dated 6/6/97 (prepared by Shakopee Public Utilities) 7. DEVELOPER Ij'JPROVEj'JENTS. The Developer shall install and pay for the following: A. Sanitary Sewer System B. Water System C. Storm Sewer I: \97files\97 subdiv\final\knobhiI2\dvcntrct. doc 2 06/25/97 D. Streets E. Concrete Curb and Gutter F. Street Lights G. Site Gradipg and Ponding H. Underground Utilities 1. Setting of Iron Monuments J. Sidewalks and Trails K Tree Preservation and Replacement The improvements shall be installed in accordance with the City subdivision ordinance; City standard specifications for utilities and street construction; the City's Public Works Design Manual and any other applicable City ordinances, all of which are incorporated herein by reference. The Developer shall submit plans and specifications which have been prepared by a Minnesota registered professional civil engineer to the City for approval by the City Engineer. The Developer shall obtain all necessary permits from the Metropolitan Council and other agencies before proceeding with construction. The Developer, its contractors and subcontractors, shall follow all instructions received from the City's authorized personnel. The Developer or his engineer shall schedule a preconstruction meeting with all parties concerned, including the City staff, to review the program for the construction work. Before the security for the completion of utilities is released, iron monuments must be installed in accordance with Minn. Stat. ~ 505.02. The Developer's surveyor shall submit a written notice to the City certifying that the monuments have been installed. 8. CONSTRUCTION OBSERVATION. a. The City's authorized personnel shall inspect the DEVELOPER IMPROVEMENTS in accordance with the Public Works Design Manual. Inspection services by the City shall include: I: \97files \97 subdiv\tinal\knobhiI2\dvcntrct. doc 3 06/25/97 1. Inspection of required improvements which include grading, sanitary sewer, watermain, storm sewer/ponding and street system. 2. Documentation of construction work and all testing of improvements. 3. As-built location dimensions for sanitary sewer, watermain and storm sewer facilities. The City will prepare as-built record drawings. 9. DEVELOPER SERVICES. The Developer shall be responsible for providing all other construction services including, but not limited to: a. Construction surveying b. As-built drawings of grading plans. c. As-built elevations of all utility improvements, including but not limited to top nut of hydrants, manhole rims, manhole inverts. (Tie dimensions to sewer and water services from City staff or City consultants.) d. Project Testing: The Developer is responsible through its testing company, at the Developer's cost, to provide testing to certify that Developer Improvements were completed in compliance with the approved fInal plans and specifIcations. The personnel performing the testing shall be certifIed by the Minnesota Department of Transportation. The City Engineer may require additional testing if in his opinion adequate testing is not being performed. The cost of additional testing is to be paid by the Developer. e. Lot comers and monuments , 10. BOULEVARD AND AREA RESTORATION. The Developer shall seed or lay cultured sod in all boulevards within 30 days of the completion of street related improvements and restore all other areas disturbed by the development grading operation in accordance with the approved erosion I: \97files\97 subdiv\final\knobhiI2\dvcntrct. doc 4 06/25/97 control plan. Upon request of the City Engineer, the Developer shall remove the silt fences after turf estab lishment. 11. SUBDIVISION MONUMENTS. The Developer shall install all subdivision monumentation within one year from the date of recording the plat, or the monumentation shall be installed on a per lot basis at the time the building permit for the subject lot is issued, whichever occurs fIrst. At the end of the one year period from recording of the Plat, the Developer shall submit to the City Engineer written verifIcation by a registered land surveyor that the required monuments have been installed throughout the plat. 12. OCCUPANCY. A permanent CertifIcate of Occupancy shall not be issued for any building in the plat until water and sanitary sewer improvements have been installed and the streets have been completed and the fIrst lift of bituminous has been placed and said improvements have been inspected and determined by the City to be available for use. 13. TI1\ifE OF PERFORMANCE. The Developer shall install all required public improvements by December 31, 1999, with the exception of the fmal wear course of asphalt on streets. The fmal wear course on streets shall be installed the fIrst summer after the base layer of asphalt has been in place for one freeze thaw cycle. The Developer may, however, request an extension of time from the City. If an extension is granted, it shall be in writing and conditioned upon updating the security posted by the Developer to reflect cost increases and the extended completion date. 14. LICENSE. The Developer hereby grants the City, its agents, employees, officers and contractors a non-revocable license to enter the Plat to perform all work and inspections deemed appropriate by the City in conjunction with Plat development. 15. EROSION CONTROL. Prior to initiating site grading, the erosion control plan, Plan B, shall be implemented by the Developer and inspected and approved by the City. The City may impose I: \97 files\97 subdiv\ final \knobhiI2\dvcntrct. doc 5 06/25197 additional erosion control requirements if, in the City Engineer's opinion they are necessary to meet erosion control objectives at no cost to the City. All areas disturbed by the excavation and backfIlling operations shall be reseeded forthwith after the completion of the work in that area. All seeded areas shall be mulched, and disc anchored as necessary for seed retention. The parties recognize that time is of the essence in controlling erosion. If the Developer does not comply with the erosion control plan and schedule or supplementary instructions received from the City, the City may take such action as it deems appropriate to control erosion. The City will endeavor to notify the Developer in advance of any proposed action, but failure of the City to do so will not affect the Developer's and City's rights or obligations hereunder. If the Developer does not reimburse the City for any cost the City incurred for such work within ten (10) days, the City may draw down the letter of credit to pay any costs. No development, utility or street construction will be allowed unless the Plat is in full compliance with the erosion control requirements. 16. CLEAN UP. The Developer shall daily clean dirt and debris from streets that has resulted from construction work by the Developer or its agents. Prior to any construction in the Plat, the Developer shall identify in writing a responsible party for erosion control, street cleaning, and street sweepmg. 17. GRADING PLAN. The Plat shall be graded in accordance with the approved grading, development and erosion control p1an(s), Plan "B". The plan shall conform to City of Prior Lake Public Works Design Manual. Before the City releases the security, the Developer shall provide the City with an "as built" grading plan and a certifIcation by a registered land surveyor or engineer that all ponds, swales, and ditches have been constructed on public easements or land owned by the City. The "as built" plan shall include field verified elevations of the following: a) cross sections of ponds, b) location and I: \97files\97 subdiv\tinal\knobhiI2\dvcntrct. doc 6 06/25/97 U;;J.- . .~ elevations along all swales and ditches, and c) lot corners and house pads. The City may withhold issuance of building permits until the approved certified grading plan is on me with the City and all erosion control measures are in place as determined by the City Engineer. 18. OWNERSHIP OF IMPROVEjl1ENTS. Upon completion of the Developer Improvements required by this Contract and fInal written acceptance by the City Engineer, the improvements lying within public easements shall become City property without further notice or action. 19. CITY ADMINISTRATION. The Developer shall pay a fee for City administration. City administration will include all activities necessary to implement this Developer's Contract. These activities include, but are not limited to, preparation of the Development Contract, consultation with Developer and its engineer on the status of or problems regarding the project, project monitoring during the warranty period, processing of requests for reduction in security, and City legal expenses. Fees for this service shall be six percent (6%) of the estimated construction cost as detailed in Exhibit E, less oversizing costs outlined in Exhibit D, Section A, assuming normal construction and project scheduling. 20. CITY CONSTRUCTION OBSERVATION. The Developer shall pay six percent (6%) of the estimated construction cost, less oversizing costs outlined in Exhibit D, Section A, for construction observation performed by the City's authorized personnel. Construction observation shall include, but is not limited to, part or full-time inspection of proposed grading, pubiic utilities and street construction, and preparation of "as-built" drawings. 21. TRUNK STORM SEWER AREA CHARGE. The Developer shall pay a trunk storm , sewer area connection charge of $134,132.21 prior to the City signing the final Plat. The amount was calculated as follows: 798,406 square feet at 16.8C per square foot. 22. SANITARY SEWER AND WATERMAIN TRUNK AREA CHARGES. A Sanitary sewer and watermain trunk area charge of $22,820.00 shall be paid by the Developer for sanitary sewer I: \97 files\97 subdiv\ final\knobhiI2\dvcntrct. doc 7 06/25/97 and watermain trunk improvements prior to the City signing the fInal Plat. The amount was calculated as follows: 6.52 acres at $3500.00 per acre. 23. COLLECTOR STREET FEE. This Development Contract requires the Developer to pay a collector street fee of $27,450.00 for collector street improvements prior to the City signing the fInal Plat. The amount was calculated as follows: 18.3 acres at $1500.00 per acre. 24. PARK AND TRAIL DEDICATION. The Developer shall dedicate to the public an amount of cash or land or a combination of both as established by the Parks and Recreation Director. The land to be dedicated shall be approved by the City Park and Recreation Director and consistent with City Code provisions. A portion of the dedication requirement for this plat was satisfIed by the park dedication in the original Knob Hill plat. The remaining dedication is based on a total area of 17.01 acres. The Park Dedication is a combination of land and cash, so the amount of land dedicated as park is deducted from the total acreage, and the cash amount is based on the remaining acres. The land dedication will be 0.15 acres and the cash contribution will be $21,918.00. This amount was calculated as follows: Gross area of the plat: 17.01 acres minus 0.15 acres dedication equals 16.86 acres X 10% X $13,000.00 (the current fair market value of the land per acre as established by the Prior Lake City Council). The fee shall be paid prior to the City signing the fInal Plat. 25. TRAFFIC CONTROL SIGNS. STREET SIGNS. AND STREET LIGHTS AND OPERATIONAL COSTS. Before the City signs the fInal Plat, the Developer shall pay to the City $200.00 for installation of traffic control signs and street signs. The Developer shall be fmancially responsible for the installation of street identifIcation signs and non-mechanical and non-electrical traffic control signs. Street signs will be in conformance with the names as indicated on the Plat and pursuant to City standards. The actual number and location of signs to be installed shall be determined by the City and actual installation shall be performed by City authorized personnel. The Developer is I: \97fi1es\97 subdiv\final\knobhil2\dvcntrct. doc 8 06/25/97 responsible for the installation of the street lighting. The Developer shall pay the full capital cost of every light to be installed; this includes poles, fIxtures, underground wiring, and all appurtenant work. The street light plan must be acceptable to the City Engineer and in accordance with Exhibit F. 26. LANDSCAPING (Sim!le-Familv Residential>. Each residential lot in the Plat must have at least two (2) front yard trees as required in the Subdivision provisions of the City Code. The Developer or lot purchaser shall plant the two (2) front yard trees on every lot in the Plat which does not already meet this requirement at the time of the building permit. The trees shall be planted according to the requirements for subdivision trees as set forth in the Subdivision provisions of the City Code. The Developer or lot purchaser shall sod the front yard, boulevard, and side yards to the rear of every structure on every lot at the time of the building permit. If this section is to be satisfied by existing trees, a tree protection security may also be required. Upon satisfactory completion of the landscaping, the escrow funds, without interest, less any draw made by the City, shall be returned to the person who deposited the funds with the City. If the required landscaping is not installed the City is granted a license to enter upon a lot and install the landscaping using the escrowed funds deposited by the builder at the time the building permit was issued. 27. TREE PRESERVATION AND REPLACEMENT. Subject to approved Plan C, the Developer shall provide a fmancial guarantee of $27,309.45 based on an amount equal to 125% of the estimated cost to furnish and plant the replacement trees. The estimated cost shall be provided by the Developer subject to approval by the City, and shall be at least as much as the reasonable amount charged by nurseries for the furnishing and planting of replacement trees. The security shall be maintained for a least one (1) year after the date the last replacement tree has been planted. At the end of such year, the portion of the security equal to 125% of the estimated cost of the replacement trees which are alive and healthy may be released. Any portion of the security not entitled to be released I: \97tiles \97 subdiv\ tinal\knobhiI2\dvcmrct. doc 9 06/25/97 shall be maintained and shall secure the Developer's obligation to remove and replant replacement trees which are not alive or are unhealthy, and to replant missing trees. Upon completion of the replanting of these trees, the entire security may be released. 28. SECURITY. To guarantee compliance with the terms of this Contract, payment of real estate taxes including interest and penalties, payment of special assessments, payment of the costs of all public improvements, and construction of all public improvements, the Developer shall furnish the City with an Irrevocable Letter of Credit in an amount equal to 125 % of the estimated Developer Improvement Costs. The Irrevocable Letter of Credit shall be in the form attached hereto, from a bank ("Security") for $856,598.20, plus a cash fee of $285,747.57 for City Development Fees. The amount of the Security was calculated as follows: DEVELOPER Il\1PROVEMENTS COSTS: Sanitary Sewer $ 103,609.42 Watermain $ 148,343.31 Storm Sewer $ 166,526.90 Streets/Sidewalks/Trails $ 244,951.37 Tree Preservation and Replacement $ 21,847.56 ESTIl\1A TED DEVELOPER Il\1PROVEMENTS SUBTOTAL $ 685.278.56 X 1.25 TOTAL FOR IRREVOCABLE LETTER OF CREDIT Al\10UNT $ 856.598.20 CITY DEVELOPMENT FEES: City Administration Fee (6.0%) (19) $ 39,613.68 City Construction Observation (6 %) (20) $ 39,613.68 Trunk Storm Sewer Area Charges (21) $ 134,132.21 I: \97files\97subdiv\final\knobhiI2\dvcntrct.doc 10 06/25/97 Sanitary Sewer and Watermain Trunk Area Charges (22) $ 22,820.00 Collector Street Fees (23) $ 27,450.00 Park Dedication Fee (if in lieu of land) (24) $ 21,918.00 Street and Traffic Control Signs (25) $ 200.00 TOTAL CITY DEVELOPlVIENT FEES $ 285.747.57 This breakdown is for historical reference; it is not a restriction on the use of the Security. The bank shall be subject to the approval of the City Manager. The Security shall be for a term ending December 31, 1999. Individual Security instruments may be for shorter terms provided they are replaced at least sixty (60) days prior to their expiration. The City may draw down the Security, without notice, for any violation of the terms of this Contract or if the Security is allowed to lapse prior to the end of the required term. If the required Developer Improvements are not completed at least thirty (30) days prior to the expiration of the Security, the City may also draw it down. If the Security is drawn down, the proceeds shall be used to cure the default. 29. REDUCTION OF SECURITY. Upon receipt of proof satisfactory to the City that work has been completed and fmancial obligations to the City have been satisfied, with City approval the Security may be reduced from time to time by seventy-five percent (75 %) of the financial obligations that have been satisfied. Twenty-five percent (25 %) of the Security shall be retained until all improvements have been completed, all fmancial obligations to the City satisfied, and the required "as- built" grading plans and information have been r~ceived by the City. The City Public Works Design Manual outlines the procedures for Security reductions. 30. WARRANTY. The Developer warrants all improvements required to be constructed by it pursuant to this Contract against poor material and faulty workmanship. The warranty period for streets 1:\97files\97subdiv\flnal\knobhi12\dvcntrct.doc 11 06/25197 is one year. The warranty period for underground utilities is two years. The warranty period on streets shall commence after the fmal wear course has been installed and accepted by the City and the warranty period on underground utilities shall commence following their completion and acceptance by the City. The Developer shall post maintenance bonds to secure the warranties. All trees shall be warranted to be alive, of good quality, and disease free for twelve (12) months after planting. Any replacements shall be warranted for twelve (12) months from the time of planting. The City shall retain twenty-five percent (25 %) of the Security posted by the Developer until the Developer Improvements are accepted by the City Engineer and the bonds are furnished to the City. The security retainage may be used to pay for warranty work. The City standard specifications for utilities and street construction identify the procedures for final acceptance of streets and utilities. 31. REDUCTION OF SECURITY TO FIVE PERCENT (5% ). The Security guaranteeing satisfactory performance of the Developer Improvements can be reduced to 5 % of the original cost of the construction costs as set forth in Paragraph 28 by the City Engineer in writing and by providing the City a performance bond or a warranty bond from the Developer or its contractors in an amount equal to the construction costs which shall be in force for one (1) year for streets and two (2) years for utilities (the "Warranty Period") following acceptance of all required improvements and shall guarantee satisfactory performance of such improvements. All punch list items must be completed before a reduction in Security will be considered. The Warranty Period shall begin effective the date that the City Engineer accepts, in writing, all of the completed Developer Improvements. The five percent (5 %) Security shall not be released until the Developer provides the City Engineer with a certificate from the Developer's land surveyor stating that all irons have been set following site grading and utility and street construction. I: \97fi1es\97 subdi v\ tinal\knobhiI2\dvcntrct. doc 12 06/25/97 ~~., 32. OVERS/ZING. City and Developer agree that the Developer Improvements consisting of watermain on Pike Lake Trail should be oversized for the benefit of future development. As a special condition of the Knob Hill Development Contract dated May 1, 1995, the City will reimburse the Developer for the cost of oversizing Pike Lake Trail from a 7 -ton to a 9-ton aggregate base and concrete to construct a sidewalk along Pike Lake Trail. City and Developer agree that the cost of watermain and street oversizing and sidewalk construction to be reimbursed to the Developer is $25,049.09 based upon a cost estimate as determined by both quotes received from the Developer's subcontractor and the City Engineer using the City I S Assessment Policy based on a fmal engineering design. The calculation for oversizing and sidewalk construction is attached as Exhibit D. If the City Engineer determines additional work as the result of oversizing is required, the City shall reimburse the Developer for the costs associated with this work. 33. STOR}1l WATER DRAINAGE IMPROVENIENTS. The City will reimburse the Developer for the costs to construct drainage facilities as required for storm water control as determined and approved by the City Engineer. The construction cost of such facilities to be credited shall be limited to catch basins, manholes, conduit, pond excavation, water quality control structures and landscaping around newly constructed water quality treannent ponds. 34. CLAIMS. A. City Authorized to Commence Interpleader Action. In the event that the City receIves claims from labor, materialmen, or others that work required by this Contract has been performed, the sums due them have not been paid, and the laborers, materialmen, or others are seeking payment from the City, the Developer hereby authorizes the City to commence an Interpleader action pursuant to Rule 22, Minnesota Rules of Civil Procedure for the District Courts, to draw upon the Security in an amount up to 125 % of the claim(s) and deposit the funds in compliance with the Rule, and I: \97files\97 subdiv\fina1\knobhiI2\dvcntrct.doc 13 06/25197 upon such deposit, the Developer shall release, discharge, and dismiss the City from any further proceedings as it pertains to the letters of credit deposited with the District Court, except that the Court shall retain jurisdiction to determine attorneys' fees pursuant to this Contract. B, Prompt Payment to Subcontractors Required, The Developer shall pay any subcontractor within ten (10) days of the Developer's receipt of payment by the City for undisputed services provided by the subcontractor. If the Developer fails within that time to pay the subcontractor any undisputed amount for which the Developer has received payment by the City, the Developer shall pay interest to the subcontractor on the unpaid amount at the rate of 1 V2 percent (1.5 %) per month or any part of a month. The minimum monthly interest penalty payment for an unpaid balance of $100 or more is $10. For an unpaid balance of less than $100, the Developer shall pay the actual interest penalty due to the subcontractor. A subcontractor who prevails in a civil action to collect interest penalties from the Developer shall be awarded its costs and disbursement, including attorney's fees. incurred in bringing the action. (See Minn. Stat. ~471.425, Subd. 4a.) 35, SPECIAL PROVISIONS, The following special provisions shall apply to Plat development: A. Implementation of the conditions listed in the Resolution approving the fmal plat. B. The Developer is required to submit the fmal Plat in electronic format. The electronic format shall be compatible with the City's software. C. The provisions of Minn. Stat. ~462.358 are incorporated herein as if fully set forth. To the extent this Contract or the City's ordinances differ form the statute, the more stringent shall apply. 36, RESPONSIBILITY FOR COSTS, I: \97fi1es\97 subdiv\final\knobhil2\dvcntrct. doc 14 06/25/97 A. Once the City Engineer approves the construction costs or estimates, there will not be any reimbursement to the City by the Developer or by the Developer to the City for "Other Costs" as set forth herein. B. The Developer shall hold the City and its officers, employees, and agents harmless from claims made by itself and third parties for damages sustained or costs incurred resulting from Plat approval and development. The Developer shall indemnify the City and its officers, employees, and agents for all costs, damages, or expenses which the City may payor incur in consequence of such claims, including attorneys' fees. C. The Developer shall reimburse the City for costs incurred in the enforcement of this Contract, including engineering and attorneys' fees. D. The Developer shall pay in full all bills submitted to it by the City for obligations incurred under this Contract within thirty (30) days after receipt. If the bills are not paid on time, the City may halt Plat development and construction until the bills are paid in full. Bills not paid within thirty (30) days shall accrue interest at the rate of eighteen percent (18 %) per year. 37. DEVELOPER'S DEFAULT. In the event of default by the Developer as to any of the work to be performed by it hereunder, the City may, at its option, perform the work and the Developer shall promptly reimburse the City for any expense incurred by the City, provided the Developer, except in an emergency as determined by the City, is fIrst given notice of the work in default, not less than 48 hours in advance. This Contract is a license for the City to act, and it shall not be necessary for the City to seek a Court order for permission to enter the land. When the City does any such work, the City may, in addition to its other remedies, assess the cost in whole or in part against all or any portion of the property within the Plat. The Developer hereby waives any and all procedural or substantive objections I: \97files\97 subdi v\ tinal\knobhiI2\dvcntrct. doc 15 06/25/97 to any special assessment levied to pay the cost to remedy a Developer default, including but not limited to hearing requirements and any claim that the assessment exceeds the benefit to the Property. 38. INDEMNIFICATION. Developer shall indemnify, defend, and hold the City, its Council, agents, employees, attorneys and representatives harmless against and in respect of any and all claims, demands, actions, suits, proceedings, liens, losses, costs, expenses, obligations, liabilities, damages, recoveries, and deficiencies, including interest, penalties, and attorneys' fees, that the City incurs or suffers, which arise out of, result from or relate to this Development Contract. 39. il1ISCELLANEOUS. A. The Developer represents to the City that the Plat complies with all city, county, metropolitan, state, and federal laws and regulations, including but not limited to: subdivision ordinances, zoning ordinances, and environmental regulations. If the City detennines that the Plat does not comply, the City may, at its option, refuse to allow construction or development work in the Plat until the Developer does comply. Upon the City's demand, the Developer shall cease work until there is compliance. B. Developer shall be responsible for all street maintenance until final written acceptance by the City of the Developer Improvements. Warning signs and detour signs, if detennined to be necessary by the City Engineer, shall be placed when hazards develop in streets to prevent the public from traveling on same and directing attention to detours. If and when streets become impassable, such streets shall be barricaded and closed. , C. Third parties shall have no recourse against the City under this Contract. D. Breach of the terms of this Contract by the Developer shall be grounds for denial of building pennits, including lots sold to third parties. 1: \97fi1es\97 subdiv\ tina1\knobhil2\dvcntrct. doc 06/25/97 16 E. If any portion, section, subsection, sentence, clause, paragraph, or phrase of this Contract is for any reason held invalid, such decision shall not affect the validity of the remaining portion of this Contract. F. Grading, curbing, and one lift of bituminous shall be installed and accepted on all public streets prior to issuance of any certificates of occupancy, except for model purposes only, a maximum of ten percent (10%) of the total lots in the active phase of the subdivision may be issued building permits prior to utility and street construction. All such lots must be readily accessible for inspection by way of a two wheel drive vehicle, but in no case shall the distance exceed 300 feet of an existing roadway. If certificates of occupancy are issued prior to the completion and acceptance of Developer Improvements, the Developer assumes all liability and costs resulting in delays in completion of Developer Improvements and damage to Developer Improvements caused by the City, Developer, its contractors, subcontractors, materialmen, employees, agents, or third parties. No sewer and water connection permits may be issued and no permanent certificates of occupancy may be issued until the streets needed for access have been paved with a bituminous surface and the Developer Improvements including utilities are accepted by the City Engineer. G. The action or inaction of the City shall not constitute a waiver or amendment to the provisions of this Contract. To be binding, amendments or waivers shall be in writing, signed by the parties and approved by resolution of the City Council. The City's failure to promptly take legal action to enforce this Contract shall not be a waiver or release. H. This Contract shall run with the land. The Developer, at his/her sole expense, shall record this Contract against the title to the property within ten (10) days of the City Council's approval of the Contract. The Developer shall provide the City with a recorded copy of the Contract. The Developer covenants with the City, its successors and assigns, that the Developer is well seized in I: \97 files \97 subdiv\ tinal \knobhiI2\dvcntrct. doc 17 06/25/97 fee title of the property being [mal platted and/or has obtained consents to this Contract, in the form attached hereto, from all parties who have an interest in the property; that there are no unrecorded interests in the property being fInal platted; and that the Developer will indemnify and hold the City harmless for any breach of the foregoing covenants. 1. Developer, at its sole cost and expense, shall take out and maintain or cause to be taken out and maintained, until the expiration of the warranty period(s) on the Developer Improvements, public liability and property damage insurance covering personal injury, including death, and claims for property damage which may arise out of Developer's work or the work of its subcontractors or by one directly or indirectly employed by any of them. Limits for bodily injury and death shall be not less than $1,000,000 for one person and $2,000,000 for each occurrence; limits for property damage shall be not less than $500,000 for each occurrence; or a combination single limit policy of $1,000,000 or more. The City shall be named as an additional insured on the policy, and the Developer shall file with the City a certifIcate evidencing coverage prior to the City signing the Plat. The certifIcate shall provide that the City must be given thirty (30) days advance written notice of the cancellation of the insurance. J. Each right, power or remedy herein conferred upon the City is cumulative and in addition to every other right, power or remedy, express or implied, now or hereafter arising, available to City, at law or in equity, or under any other agreement, and each and every right, power and remedy herein set forth or otherwise so existing may be exercised from time to time as often and in such order as may be deemed expedient by the City and shall not be a waiver of the right to exercise at any time thereafter any other right, power or remedy. K. The Developer may not assign this Contract without the prior written approval of the City Council. The Developer's obligation hereunder shall continue in full force and effect even if the Developer sells one or more lots, the entire Plat, or any part of it. I: \97files\97 subdiv\ final \knobhiI2\dvcntrct.doc 06/25197 18 40. AMENDMENTS. Developer hereby acknowledges that the City is working with the Developer Community through a series of "Developer Workshops" to standardize its Development Contract. If the City Council approves a standardized Development Contract, and the terms, provisions or conditions thereof differ materially from the terms, provision or conditions herein, City agrees it will amend this Development Contract, if requested by the Developer, to be consistent with the provisions and the approved standardized Development Contract referenced herein. If a standardized Development Contract provides for fees that differ from those set forth in this Development Contract, the fees in this Development Contract will be amended to be consistent with the fees established in a standardized contract. Not withstanding the foregoing, no amendment to this contract shall be made unless both parties agree in writing to the amendment. The provisions of this paragraph shall be null and void, without any further action, one (1) year from the date the City Council approves this Development Contract. 41. NOTICES. Required Notices to the Developer shall be in writing, and shall be either hand delivered to the Developer, its employees or agents, or mailed to the Developer by certified mail at the following address: Gold Nugget Development, Inc., 8857 Zealand Avenue North, Brooklyn Park, MN 55445. Notices to the City shall be in writing and shall be either hand delivered to the City Manager, or mailed to the City by certified mail in care of the City Manager at the following address: City of Prior Lake, 16200 Eagle Creek Avenue, Prior Lake, Minnesota 55372-1714. Concurrent with providing Notice to the City, Notice(s) shall be served upon the City Attorney Suesan Lea Pace, Esq. at Campbell, Knutson, Scott & Fuchs, P .A., 1380 Corporate Center Curve, Suite 317, Eagan, Minnesota 55121. 42. INTERPRETATION. This agreement shall be interpreted in accordance with and governed by the laws of the State of Minnesota. The words herein and hereof and words of similar 1:\97files\97subdiv\final\knobhi12\dvcntrct.doc 19 06/25/97 import, without reference to any particular section or subdivision, refer to this Contract as a whole rather than to any particular section or subdivision hereof. Titles in this Contract are inserted for convenience of reference only and shall be disregarded in constructing or interpreting any of its provisions. 43. SEVERABILITY. In the event any provisions of this Contract shall be held invalid, illegal, or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof, and the remaining provisions shall not in any way be affected or impaired thereby. 44. COUNTERPARTS. This Contract may be simultaneously executed in several counterparts, each of which shall be an original and all of which shall constitute one and the same instrument. 45. JURISDICTION. This Contract shall be governed by the laws of the State of Minnesota. CITY OF PRIOR LAKE (SEAL) By: Lydia Andren, Mayor By: Frank Boyles, City Manager Reviewed for Form and Execution: By: Suesan Lea Pace City Attorney By: Its: I: \97files\97subdiv\ final\knobhiI2\dvcntrct. doc 20 06/25197 By: Its: STATE OF MINNESOTA ) ( ss. COUNTY OF SCOTT ) The foregoing instrument was acknowledged before me this _ day of , 19_, by Lydia Andren, Mayor, and by Frank Boyles, City Manager, of the City of Prior Lake, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. NOTARY PUBLIC STATE OF MINNESOTA ) ( ss. COUNTY OF ) The foregoing instrument was acknowledged before me this 19_, by day of NOTARY PUBLIC DRAFTED BY: Campbell, Knutson, Scott & Fuchs, P.A. 317 Eagandale Office Center 1380 Corporate Center Curve Eagan, Minnesota 55121 (612) 452-5000 SLP:kgm 1:\97files\97subdiv\tinal\knobhiI2\dvcntrct.doc 21 06/25/97 FEE OWNER CONSENT TO DEVELOPMENT CONTRACT , fee owners of all or part of the subject property, the development of which is governed by the foregoing Development Contract, affirm and consent to the provisions thereof and agree to be bound by the provisions as the same may apply to that portion of the subject property owned by them. Dated this _ day of ,19_ STATE OF MINNESOTA ) ( ss. COUNTY OF ) The foregoing instrument was acknowledged before me this _ day of 19_, by NOTARY PUBLIC DRAFTED BY: Campbell, Knutson, Scott & Fuchs, P.A. 317 Eagandale Office Center 1380 Corporate Center Curve Eagan, Minnesota 55121 (612) 452-5000 SLP:kgm I: \97fiIes\97 subdiv\ tinal\knobhil2\dvcntrct. doc 22 06/25/97 MORTGAGE CONSENT TO DEVELOPMENT CONTRACT , which holds a mortgage on the subject property, the development of which is governed by the foregoing Development Contract, agrees that the Development Contract shall remain in full force and effect even if it forecloses on its mortgage. Dated this _ day of , 19_ STATE OF MINNESOTA ) ( ss. COUNTY OF ) The foregoing instrument was acknowledged before me this _ day of 19_, by NOTARY PUBLIC DRAFTED BY: Campbell, Knutson, Scott & Fuchs, P .A. 317 Eagandale Office Center 1380 Corporate Center Curve Eagan, Minnesota 55121 (612) 452-5000 SLP:kgm I: \97files \97 subdi v\ tlnal \knobhil2 \dvcntrct. doc 23 06/25/97 CONTRACT PURCHASER CONSENT TO DEVELOPlVIENT CONTRACT , which/who has a contract purchaser's interest in all or part of the subject property, the development of which is governed by the foregoing Development Contract, hereby affIrms and consents to the provisions thereof and agrees to be bound by the provisions as the same may apply to that portion of the subject property in which there is a contract purchaser's interest. Dated this _ day of , 19_ ST ATE OF MINNESOTA) ( ss. COUNTY OF ) The foregoing instrument was acknowledged before me this _ day of 19_, by NOTARY PUBLIC DRAFTED BY: Campbell, Knutson, Scott & Fuchs, P.A. 317 Eagandale Office Center 1380 Corporate Center Curve Eagan, Minnesota 55121 (612) 452-5000 SLP:kgm 1: \97files\97 subdi v\final\knobhi12\dvcntrct. doc 24 06/25/97 KNOB HILL 2ND ADDITION KNOW AU. MEN BY n4[S( PR{S[NT'S: ",ot Cold Nu191' O--'09""""t. I"e.. 0 Ulnr..t~IG c~oro:tUO". own... ,,,.,,oj pr."tor of ,.... 'olIowln, If.,crlbed pr<<lllrty "Iuoted n the Cnunty of Scan, 51 ole (If lolln"Halo 10 wit' S1A 1"[ CI UlNN(SOTA COONTY Of _ The 'or.qoln, SU,..,.,..,..... C...tlftcot. 101 ltdInowt~ before m. Ihll _ dey of 19_ by Rob.., 8. SIo:Ic:tl. "'""~to UC."H No. 14891 Outlot ". Knob H_, oceer6'l, 10 tt., ,~(lP'd4d phlt thereof; <( .... - m - J: >< W ",01 p<<1 of thl North HoIf of the North...1 1/4 0' s.eU"" 2e. 'o...,~1p 115. AOI'\~' 22 Scott c/)UrIty. ",""nolI! de9a"ibed Ot Idlowt Cornm~cln, at (hI N."th.." com. of tmd North H~' of 0.. North~t Ouor1er; '...ane. South fig delT'" 22: "'"",". ~ 'Korldl [n.l ("_H ~) oI0ft9 thl North ~. of MId Nan'" Hotf of till NorUt.-:)lt ~I., 0 d"'oncI of geO.OO 'Nt: thene. Sou'" 00 deqr.... 37 mktl... JO tecmdt w..t /I dlttClr'(:I 410,89 r..t: o.."CI South 83 6eQr.... ~ mlnutls. !IO ,eeonde [a.t 0 dlstanc. of !t.JJ.Jei '-I to thl oclual ,oftt of bOlQlnnh9 of ttI4 troct 0' larod to bt ~ibed: thence (""tln"lnq S(Il.llh 8] dlt9r-. ~ ,",""In. 50 MConch [OIl . dht_s Gf I12.JJ 'Mt 'a ths $outheatt ~.. of lol 5.. Bllldt I, Ptat 01 Eo"'s f1Uo:k,e Acr-:; 1h.,.,. South_ter1y aiM' the .....ter1, ..,. 01.... Pfm e dht~s 01 424.10 feet to CI point M ttls South ,Ins of MW N.....th M....' &f the Nnrthe.,.1 ~.. ...tant 1898..00 '..-i [asl of th. Souttl...t r:onMI'" of .oW Nor'" Hat' of the North_I QuG'1.r, th_ Horth M 6e9r.... ~ mhu'''' 30 MCM~I "-, aklftlJ told Sou'" IIns .. chtanc. M 1480.00 'Ht: Ulenee North J de9".... 3J mm.tss, 54 1<<Of'd. ..." CI .1C1'1C4 01 439.29 f..t: "'....,.,. Norttl 80 6e9".... M mlnvl_ ,.. MCClndtl ElMl. CI dlelol'lf:e of lM.41 fNt; "".ne. South 82 ~.... 49 m....l,It.. !IO MeCWld. E"', CI df.'~ of 728..50 'Ht to lie Int.-..cUon with e lt1e drown $evth 21 de9r.... 4' mnvt... 10 MC'0NhI ...t from ,"s actual point 0' beqlnnln~ then.ee Horlh 21 de9'-. 48 mn,t_. 10 Meondl E~I . dItItCW'lee ef 335.81 r..1 10 Ih. aeluclll ,.., of tteqnn~. Notcr, Pvbl&c, --' Couft'y, WMeeel.. "y Commlnton ~..." _ I h...y eer11fy IhGt I hcrooe .._"-I "'fe plol el KN09 HIll NQRnt onlll do h..eby recommend thJ, "'al for ~owal M to ferm. ClI, Altom.y Prier loll.. tllnn_te Thol p..t I)' OIUot C, Knob HIt dMCl'1bed "1 ,enor. Comm...elnt lJI the ncwth..lt etltT'l.. of OlIUol A, Knob HIt; "'.nee N~ l!9 deoqr... 35 Mhll" 09 MC-onft (OIl alent the Mf"Ih line 0' Knob H.. 807.80 fMt to Ihe octl,lol polnt of be9h'1n<< thene. South !J4 detir... 12 m",l" " MeOndI tOil 2.5.84 f..t: Ih~ Herth 77 dlJC7'" 2' mlnvl_ 42 eeeond, Ealt, 72.10 f..1 10 90id _th nn.: thene. South 81 d..... J! MiMvI.. 09 HeOnft Wnt. Glon, ,.Id "orttl line. 10 the actual point of beqln"lnf. WI do h..eby ewUfy that on thle _ day 0' ---" 19 _ ths cny Cevnel 0' Prior lob. ...~_IG, opp"O"O'Id tt.It plol HoB eouMd lh. .oms 10 b. .........,..cII CW'Id p1otte.d 0. KJf08 HIlL NOR"" _d dOoM h..-oeby donote Gr1d dedleol. 10 the public: for public: ,," for_ the eourt and trob or\d arM dfdcot. th. 8CI'~~ttl ~ -"'<I..... Ot+ lhle ptot 'or dro.... and utllt, P"'1'~ only. In .ltrl... wtttteol ..,.., Cold Nv'941 O......apm...t. Inc.. 0 ....."_10 eCJr'1'orollorl h01l eouMd Ih... ,...._1' to b. ~ by It. prop... orfle..,. ltll. _ do)' or "__ w.,.,. Moru,9"" ..... ~....t 19_ 10." are pofd In Ml 011 or ltll, _ do, of "- GO..D NUCC[f DE\n(lf't,l(Nf, !Nc.. SCOU (;cunty freoNrIf" Wo,.,e n.d:, Preefdw11 Sf A 1[ CF M1NNE5QTA CClJNTY OF _ ttt. forll)oirI, ""tllrumOW'lI ",n)9 ockflowledqed belor. ms thl, _ day 01 of ___19_ by 'ffo~ ned!. pr..ldent or Cold Nv~t De<.orIl"""'....I. Inc., II ...1nn...,le Corl:I<<allGn M behGlf of ths eorp....-ollon. No d",...qu...t '0.... CWId tronl'" ....1...-1 "'lot _ day of "- Scott C_t, Audller Nolory PubI&c., ~ County. tlnn"olo Uy CcmmfnlGn Explr.. _ Punvant 10 OlGelt..- 1, Wm_Io lo.. of 19111. thl. ptel hoe been opflf'ltWd Itdl _ doy of "-' $eoU C_Iy Sur'w)'Ol'" , h.nby eertlly thot I hG.... .....-)'Wd and plotted Ih. prop'"-y de'lC:r~ lY'l !hltl ptot G. KNOR HIll NQAnt. 11'10' IMt pfat hi 0 correct r......enlolkJfl 01 lhs ~y. \hot all dt.'_ee. en eorncfly WlOWfl Oft Ih. plol In ,..t cruI kundrslht 0' 12 'ool thot "" morluments 1'10.... b..... correett, ploeM In It'ls ",_d _ Itl~ er .. b. corrotctl, proeM Irt the ",,,,,"d e, d","","oled: 'hol Uti out,1de boundory ,In.. en e~"y ~Ie.d on ths plot Oftd thol ltl... en "0 .., I,,"d, 0. de""ed In US :505.02. Subd. 1 or public hl9h_)'1I te be ~e'ed othll' thCW'l 011 .....OWI'I. I h..wby e....Wy thol lhi. ptel ..,. flied In ",Ie oUle. thl. _ day or ____ 19 __ Qt _o'dock _tl. o. Doeumill"ll Ho. _ Scott County Reecrd.. (Ab.troet Pf'oplll'1:,) Robwt 8. $a.:letl, lond ~'P" WlrW'le,.,lo lieif'!"'" He. 14Mt ~r:{~~:i~~ .... : ;..-... .. .. .... ....-.-- _-.-._- - I '('91) lit-I';: ,::-..1-..- I..~... (:;; 713-1_ ,At! 11t3-1" 5tf[[T'aF3SHUn c:( I- - m X x w KNOB HILL 2ND ADDITION DRAINAGE AND UnUTY EASEMENTS ARE SHO"",,, THUS: f\-- _______u____u____u__________. -~oo--;.;'m;~- :-~_::~-=~::=_~-.:7u-..- i---- I ~h_Now1h~. C-- of S-tlart M. r--. 115, ,,"".. 12 0-- '" ~ :Ill. ,~. 115. ,..... 2:2---' II~ , (1cetl e-t,. ---"-0 ~ I ! ru -U-T----U.,~ ~.~.. i i ~.:.~t:( ) ,.,.'~, I.' . I I i ,.::.' j~ i L~~~_~-:'r-..--I I' I' ..1=1 I : ~}':~.: !,/+...~rr. I 4 Ie? j/" I : :... ___ l.MlI': LU___----L-h_U.....! ...:"" '" .... '. " , l, ,: '"" , '-t ... -'dftI, on' od......~' lot no.., ...It 10 f-.t ... wWttI lIrI4 "'..-lNIi ,1rM( 1"'- .... _ .ot ...... ......_ 8th__ ....ted ... h ~, -, I~ C " SEC1fOH 28. rottN9lIP ,,~. RANGe 22 lOCAnON IIAP .. ..... l'J n. 'C .~ ..z ~o>- ~d~ o j~b .. ~ I t""" ~ > ~OT "7. \,..) >4 t1 .j 11 f Ii :l ,- "...00 .1. _ NOrD; s...tIleMt_..-*...._..."..."'...~/ o.-t. ., !edIIR 21. t~ Its. ..... II _.- " 602.60 , S 89"::15'09' 'It ..... , ( \ , SCAlE IN FEET o o.nol.. \>(lft m-..rf',,"' '_4 . o-at.. 1/2 hdI It, 14 Inch Iron monvm..., ..t...4 lnGrtred..1ft ICe..... ~ 14891 ...-'.",........._1M,ec.t........_'. I. .... ... -.... t. fII\owwMl. St..I.. CIft4 ..... ..... ..In..-...., 1M........ _"of_ '"_ nt, _th h 01 tM Nor1h H.tf 01 11M Nor1hwet Quart.. of s.c,.,.., 21. fOOlll'l.... liS. "... Z2 .,.. .. ....-..f IMm1rIt of S ,,-,s"ot- . -.-- -_._- - ~- ~ - - ....... -~ '" T ." .. : ....... .... .* ....-- -..........--. ('11) "'-IIt. 'AX:..1-.... :...~1lL ('11) 1U-1_ 'd: ,.,...-.J Se..e: I Incb - 80 reet MlT 2 rY .J !HaTS ~ ~ ! ;l \ -, \~ f-1, l " . ! , . ~ f ! { ~ f S i ! . ~ r j :& ...f.... . . . . .. uS ~I~ ;~ ;u ~ ~I ~ , ! i EXHIBIT A ~ F7, " 'v, ~ ..-,; I (, E rl '. ,. 1.: -', r'l N 89.35'09" E 417.86 z ~ I / l.. \ " . \ '-/ ........... / "" it . if CI1 n .. . ~ . .. 2 . ~ .., '" . ~ . . 1 , \ \ \ \ 1 \ , .lllll'" en Ii,!: N ~Il i~ ~I\ I .217?!_ I i _",..... - l{ ! !:, ~ S ~". ...... II I _ _.J~.23 _ j ~'" N8g1~~~"E P:).. zs.! uoo ~18 8.5 N81"":~5.E {)' ~.." 50.Q9. NOi..,.O . ~.4'c.}' H87.,,, 55 t .5 It' ~. ~ ,0: ~ if: ... rp: :. Vl "'0 <:", ---- is; ~~ .10.56 ., Vl:' \ h! ~- 45.75' p. "':. 'R_~48.a~ . S .11 z \ /1.-0...6'35 HI ~o ,~AF{:(~.,'A ~' 0<= - ~j~ ~e - J!~ - - - - .s! <= j"l '" ... " 1---- I , :l ~ \ \ I l... --,r- il II II !II- ,^ .II~ ~ ';1 ,8 "II \ \ \ \ \ \ \ . \ ; \ \ \ co ...... ~I. ~N ~i~ () c- 1';)2 11:i \ Is: '\ ;.: I t-j I u~!:.~___.J ~:=:- .>>."\----~ I' ~I . ~ N i8 \ :il ,S; ~ --=-f:- -1 () -1 \ \ \ ). 8- ~~ ~(Jl ui' ...'" .", '" 81 I I I I I I I I I I I L _ '.1:1_ r--ii~n I .I --- ... ~' -.., i j I' I .. .. cJ>I1 ,r..~)~,-o -:<:1''' (,; I~ClQ - NieW'on -., I ~ ~N ...ll ~!::: . N ... I ~~,.I I :.>~~,;:-.J.. L_-iTh~---~ .... '''00 650.62 S 88"53'29' w C;AF-),~I:~ c;[ r III I::" r 111.. 1... ...; B ~~ Jat~ 8~ ~~!N' ^ af:~~ :;~.o:~ '" v ;t' I ~~ i..Vl "'~ <: C>:I -l \Jl "'~ (Jl . lOt: lJlO ~o. \ . \ I I I I I I I I \ \ \ \ --...-' '" .. .. ~ t""' I / / I / / / / j"' ,..,~ ~o. ~'t>. '" > z 103.00 SaS'55'J2"r .... ~ ~ (:) .. ~ ~ ~ ~ ~ ,"" ~ !J'8 "'~ CD:!: t::3 '-'on ~ "'8 ~J! ~ ~ CS ~ EXHIBIT "B" SAMPLE IRREVOCABLE LETTER OF CREDIT No. Date: TO: City of Prior Lake 16200 Eagle Creek Avenue Prior Lake, Minnesota 55372-1715 Dear Sir or Madam: We hereby issue, for the account of Irrevocable Letter of Credit in the amount of $ sight on the undersigned bank. (Name of Developerl and in your favor, our , available to you by your draft drawn on The draft must: a) Bear the clause, "Drawn under Letter of Credit No. 19_, of (Name of Bank) "; , dated b) Be signed by the Mayor or City Manager of the City of Prior Lake. c) Be presented for payment at November 30, 19_ (Address of Bank) , on or before 4:00 p.m. on This Letter of Credit shall automatically renew for successive one-year terms unless, at least forty-five (45) days prior to the next annual renewal date (which shall be November 30 of each year), the Bank delivers written notice to the Prior Lake City Manager that it intends to modify the terms of, or cancel, this Letter of Credit. Written notice is effective if sent by certified mail, postage prepaid, and deposited in the U.S. Mail, at least forty-five (45) days prior to the next annual renewal date addressed as follows: Prior Lake City Manager, Prior Lake City Hall, 16200 Eagle Creek Avenue, Prior Lake, Minnesota 55372-1714, and is actually received by the City Manager at least forty-five (45) days prior to the renewal date. This Letter of Credit sets forth in full our understanding which shall not in any way be modified, amended, amplified, or limited by reference to any document, instrument, or agreement, whether or not referred to herein. This Letter of Credit is not assignable. This is not a Notation Letter of Credit. More than one draw may be made under this Letter of Credit. This Letter of Credit shall be governed by the most recent revision of the Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce Publication No. 400. We hereby agree that a draft drawn under and in compliance with this Letter of Credit shall be duly honored upon presentation. BY: Its 1: \97flles\97 subdi v\final\knobhi12\dvcntrct. doc 26 06/25197 -t1 EXHIBIT "C" CERTIFICATE OF INSURANCE PROJECT: CERTIFICATE HOLDER: City of Prior lake 16200 Eagle Creek Avenue Prior lake, Minnesota 55372-1714 INSURED: ADDITIONAL INSURED: City of Prior lake AGENT: WORKERS' COMPENSATION: Policy No. Effective Date: Expiration Date: Insurance Company: COVERAGE - Workers' Compensation, Statutory. GENERAL LIABILITY: Policy No. Effective Date: Expiration Date: Insurance Company: ( ) Claims Made ( ) Occurrence LIMITS: [Minimum] Bodily Injury and Death: $500,000 for one person $1,000,000 for each occurrence Property Damage: $200,000 for each occurrence -OR- Combination Single Limit Policy $1,000,000 or more COVERAGE PROVIDED: 1: \97fi les \97 subdiv\final\knobhil2\dvcntrct. doc 27 06/25/97 Operations of Contractor: ~ Operations of Sub-Contractor (Contingent): lli Does Personal Injury Include Claims Related to Employment? lli Completed Operations/Products: lli Contractual Liability (Broad Form): lli Governmental Immunity is Waived: ill Property Damage Liability Includes: Damage Due to Blasting lli Damage Due to Collapse lli Damage Due to Underground Facilities lli Broad Form Property Damage ill AUTOMOBILE LIABILITY: Policy No. Effective Date: Expiration Date: Insurance Company: (X) Any Auto LIMITS: [Minimum] Bodily Injury: $500,000 each person $1,000,000 each occurrence Property Damage: $500,000 each occurrence -OR- Combined Single Limit Policy: $1,000,000 each occurrence ARE ANY DEDUCTIBLES APPLICABLE TO BODILY INJURY OR PROPERTY DAMAGE ON ANY OF THE ABOVE COVERAGES: If so, list: Amount: $ [Not to exceed $1,000.00] SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELED BEFORE THE EXPIRATION DATE THEREOF, THE ISSUING COMPANY WILL MAIL TEN (10) DAYS WRITTEN NOTICE TO THE PARTIES TO WHOM THIS CERTIFICATE IS ISSUED. Dated at On BY: Authorized Insurance Representative I: \97files \97 subdiv\ final\knobhiI2\dvcntrct. doc 28 06/25/97 EXHIBIT "0" TO DEVELOPMENT CONTRACT (Oversizing and Storm S~wer Improvements Calculations for Developer Improvements) A. OVERSIZING 1) Watermain (oversizing from 8" to 10" watermain in Pike Lake Trail) . 1375 LF of watermain (DIP) from 8" to 10" @ $3.15/LF = $4,331.25 . 3 Each. Gate Valves from 8" to 10" @ $267.00/Ea. = $ 801.00 . 495 Ibs. 0.1. Fittings from 8" to 10" @ 1.01 /Ib. = $ 499.95 TOTAL COST = $5,632.20 2) Pike Lake Trail . From 30' wide to 32' wide face to face of curb . From 7-ton to 9-ton pavement design TOTAL COST = $2,673.74 = $4.655.85 = $7,329.59 3) Sidewalk (from Exhibit E) . 6050 SF (1210 LF X 5 FT) of sidewalk @ $1 .89/SF . 4 Each Pedestrian Ramps @ $163.20 Ea. . TOTAL COST = $11,434.50 = $ 652.80 = $12,087.30 Total Oversizing and Sidewalk Costs $25,049.09 B. STORM SEWER IMPROVEMENTS (from Exhibit E) Storm Sewer Cost = $166,526.90 I: \97fi1es\97 subdiv\ final\knobhiI2\dvcntrct. doc 29 06/25/97 FROM PIONEER ENGINEERING, PA PHONE NO. : 612 783 1883 Jun. 25 1997 11:39AM P2 EXHIBIT IIEII PROJECT NAME: PROJECT No.: Knob Hill 2nd Addition 14347 OWNER: PAGE: Gold Nugget Developm.en.t, Inc. lof4 ITEM CONTRACT ITEM UNIT UNIT PAYMENT SCHEDULE WORK COMPLETE NO. PRICE QUANTITY AMOUNT QU.ANI1TY AMOUNT SANITARY SEWER . 1. gn PVC SDR 35 10-12' Depth wieand LF $12.55 B44 $16,867.20 $0.00 bedding 2. 8" PVC SDR 35 12-14' Depth VII/sand LF $13.65 1467 $20,024.55 SO.OO bedding 3. 8" PVC SDR 3514-16' Depth w/Sand LF $15.05 ,127 $1,911.35 SO.OO bedding 4. 8" PVC SDa 2614-16' Depth w/sand LF $15.80 123 $1,943.40 $0.00 bedding s. SIt PVC SDR 2616-18' Depth wieand LF S11.80 400 S1,120.00 $0.00 bedding , 6. S" PVC, SDR 26 18-20' Depth w/sand LP $20. SO. 185 S3,848.00 SO.OO bedding . SanitaIy Sewer Manhole , , 7. Ea. $1,220.00 22- $26,840.00 $0.00 3. Manhole built in excess of 10' VF $77:55 73,77 $5,120.86 $0.00 , 9. 8" x 4" Service Wye EA $15.95 53 $845.35 SO.OO 10. 4" PVC SDR 26 Sexvcie' pipe w/sand ,LF $6,65 2465 $16,392.25 $0.00 bedding , 11. 4" PVC snR 26 Service Riser VF' $6.82, 32.5 $221.65 so. 00 12. 4" PVC Cleanout VF $86.40 3." $259.20 $0.00 13. 1 W' RCC'k for Grandular Pipe Ton S12.10 100 51,270.00 $0.00 Poandaticm. (100% Cmshed Reck) , 14. Connect to existing Ea $345.60 1 $345.60 SO.OO ]5. Sewer Test LS. $0.01 1 SO.OI SO.OO -:- SUBTOTAL FOR SANITARY 5103,609.42 $0.00 SEWER. S.R. Weidema, Inc. ACTUAL BIDS , FROM : PIONEER ENGINEERING, PA PROJECT NAME: PROJECT No.: PHONE NO. : 612 783 1883 EXHIBIT IIEII Knob Hill 2M Addition OWN.E.&: Gold Nugget Development, Inc. 14347 PAGE: 2of4 Jun. 25 1997 11:40AM P3 IT'EM CON1'RAcr ITEM UNIT UNIT l>AYMENT SCHEDULE WORK COMPLETE NO. PRlCE QUANTITY AMOUNT QUANTITY AMOUNT WATllRMAlN - l. 6" OJ.P. CL. 52 LF $17.75 448 $7,952.00 so. 00 2. 8" OJ.P. 0... S2 LF $17.70 )(/10 ~) to'i 3.00 $0.00 3. Fire Hydranl w/gate valve Ea $1,866.00 11 $20,526.00 SO.OO 4. D.l. Fitti.ngs 1bs '1.01 5, CO ~S) \5\.00 $0.00 5. 1" Corporation Stop Ea $13.35. 54 $720.90 $0.00 6. Curb Stop &- Box Ea. $61.60 54 $3,326.40 $0.00 7, I" Copper Service Pipe Type K LF $7.26 2640 $19,166.40 $0.00 s. 6" Gate Val~ &- Box Ea. $394.75 2 $789.50 SO.OO 9. 8" Gate Valve & Box Ea. $540.75 0 $0.00 10. Wal1:r Test LS $0.01 1 $0.01 $0.00 11. Connect to Existing Ea $420.40 4 $1,681.60 $0.00 J'}. }O" DIP . . LF $" ;;20.85 1375' . '$~. ~f&8~75 SO.OO 13 10 II Gc. of< V 0- t.,; (! :f f3v1-- Ea.. -180 7.75 3 '\,.2 <-1;).3.25 , $Iz.t e" 3~1 3.3 I '51...: l?:> \b ~ L W Po. 1e<L. fv"\.,o.. / "-J S.R.Weidema, Inc. ACTUAL BIDS FROM PIONEER ENGINEERING, PA PHONE NO. : 612 783 1883 Jun. 25 1997 11:40RM P4 IIEII Gold Nugget Development, Inc. 30f4 PROJECT NAME: PROJECT No.: EXHIBIT Knob Hill 2nd Addition 14347 OwNER: PAOE: ITEM CONTRACT ITEM UNIT UNIT PAYMENT SCHEDULE WORK COMPLE.TE NO. PRICE QUANTITY AMOUNT QUANTITY AMOUNT STORM SEWltR -. 1. 12" HOPE LF $19.60 1265 $24,794.00 $0.00 2. 15" HOPE LF $19.60 200 $3,920.00 $0.00 3. 18" HOPE: LP' $23.60 145 $3,422.00 $0.00 4. 12" RCP CL. 5 LF 521.10 902 $19,032.20 $0.00 5. IS" Rep CL. 5 LF $21.10 896 $18,905,60 $0.00 6. 18" :R.CP CL. 5 LF $25.10 113 $2,836.30 $0.00 7. 21" RCP CL. 4 LF $26.65 384 $10,233.60 $0.00 S. 24" RCP CL. 3 LF $27.60 222 $6,127.20 $0.00 9. 27" RCP cr.. 3 LP $35.20 432 $15,206.40 . $0.00 10. 30" RCP CL. 3 , LF $39.10 172 S6, 125.20 .$0.00 11. 12" RCP Apron wI trashguard . Ea $165.65 4 $662.60 SO.OO 12. 12" RCP Apran Ea. $312.85 3 $938.55 SO.OO 13. IS" Rep Apron Ea. $330.25 1 S330.25 $0.00 ]4. 18" RCF Apron Ea. $355.95 2 $71.1.90 $0.00 ! 15. 30" RCP Apron w/trashguard E.a. 5984.10 1 $984.10 $0.00 16. RIP :RAP CL. 3 w/filter CY $64.15 48 $3,079.20 $0.00 , 17. 48" Dia. Stcmn Manhole 0-10' Ba. 51,1.50.35 6 $6,902.10 $0.00 18. 48" Dia Catch Basin Manhole 0-1 (J Ea. $1,018.75 25 $25,468.75 SO.OO 19. 27" Dia Catch Basin Ea. 5512.95 2 $1,025.90 $0.00 20, 2' x 3' Catch Basin Ea $810.00 7 $5..670,00 $0.00 . 21. 54" Dia. Catch Basin Manhole . Ea. Sl,299.00' :2 $2,598.00 $0.00 22. 60" Dia. Catch Basin Manhole' .Ea $1,851.95 ; 1 $1,851.95 $0.00 23. Baffled Weir (including RIP RAP) Ea 51,985.60 .' 1 $1,985.60 SO.OO Connect to Existing : Ea. $232.75 2 $465.50 $0.00 24. 25. Outlet Contral Manhole . Ea 52,650.00 1 $2,650.00 $0.00 SUB TOTAL FOR. STORM SEWER. $166.526.90 $0.00 S.R. Weidenia, Inc. ACTUAL BIDS FROM : PIONEER ENGINEERING, PR PROJECT NAME: PROJECT No.: PHONE NO. : 612 783 1883 EXHIBIT IIEII Knob Hill 2M Addition OWNER: Gold Nugget Development, Inc. 14347 PAGE: 4 of 4 Jun. 25 1997 11:41AM P5 ITEM CONTRACt ITEM UNIT UNIT PAYMENT SCHEDULE WORK. COMPLETE NO. PRICE QUANTITY AMOUNT QUANTITY AMOUNT STREETS , 1. Subgrade 'Preparation SY $0.18 19119 $3,441.42 $0.00 2. 6" Aggregate Base CL. 5 SY $2.53 12449 $31,495.97 SO.OO MnDOT 3138 (100% Crushed St.ime) 3. 1" Aggregate Base CL. 5 Sy $2.95 5060 514,927.00 $0.00 MnDar 3138 (100% Crushed StOne) 4. 2W' Bit. Base Courss i Sy $2.94 10901 $32,048.94 $0.00 MnDOI'Type 31B 5. 3" Bit Base Course MnDOT Type 31B SY $3.62 4209 S15,236.58 $0.00 I 6. 1 W' Bit Wear Course I SY $2.02 1090 1 $22,020.02 $0.00 I MnDOTType 41A (1998) ! 7. 2" Bit. Wear Course SY $2.65 4209 511,153.85 SO.OO MnDarType 41A (1998) : , Tack Coat :MnDOI' 2351 , Gal $1. 63 800 $1.304.00 8. $0.00 Surmou1itahle Curb &. Gutter ; $5.76 $32,169.60 9. I LF 5585 $0.00 10. B618 Curb &. Gutter LF $6.12 3465 521,205.80 so.OO 11. 4" Conc:rete Sidc'Mllk wi 4" GIanU1ar SF $1.89 12350 $23,341.50 SO.oo Base 12. ConaeU! Pedestrian Ramps Ea. $163.20 1 $1.142.40 $0.00 13. Adjust Gate Valve Box : Ea. $145.86 18 $2,625.48 $0.00 ~ 14. Acljust Ca!cl1 Baain Casting Ea. $40.80 34 $1,387.20 $0.00 15 Adjust Manhole Casting : Ea. $190.14 48 59,155.52 $0.00 16. Sawcut Bituminous LF 52.04 34 $69.31) $0.00 11. Mill Bituminous LF $4.08 34 $13&.72 so.oo 18. Subg,radc Excavation I CY $2.81 1000 $2.810.00 $0.00 19. Geotsxtile Fabric: I Sy $1.53 1000 $I,S30.00 $0.00 20. 0... 5 .AggJegate MnDOT 3138 (por Ton $7.65 lOOO S1.650.00 $0.00 Subgrade Ex.cavation B~ldil1) I 21. Permment Barricade Ea. $178.S0 6 $1,071.00 SO.OO "., Regrade and Patch Existing ~way LS $867.00 1 $861.00 $0.00 -_. wlEqual Section ! 23. . Bacldi1l Clubs & Grad Blvei LS $0.01 1 $0.01 $0.00 ; 24. Tuxf Est.ablishment j AC $816.00 10.0 $8.160.00 SO.OO , SUBTOTAL STREETS i $2.44..951..37 SO;OO I $Gl.& 3 . '-f 3 I HTOTAL FOR PROJEer i 00 $0.00 . i S.R. Weidema, Inc. ACTUAL BIDS 6-25-1997 3:58PM FROM PIONEER ENGINEERING 681 9488 JUH-~~-~( ~3~4e PM CHUCKS T~EE LAW~SeA~ $~R 5555553936 P.2 P.01 EXHIBIT E Chuclcs Q'IudC P'IIIcintoft ~ & WIIO"'1CbC;opfrlg Sc:Ntce lno=. I it ",,~sa1 ,S In'\\,~ Esitmate for Plantin9s Gold Nugget Development Prior lake MN. Deciduous Trees AV. Red Map/ef Acer rubrum Si~e 25.in ax6 Cty 17 Price $ 159.95 Total $2.719.15 LL. LittfeLeaf Li~den/ Tllia cordata 2.5in 8.tB '5 $ 159 9S $2,399.25 SA. Seedless Ash/ Fraxinus pen~. 2.5in axe ( (vlarsnalJ's Seedless) 1 1 $ 149.95 $1,649.45 Size Oty Price Total Conifer Trees Hardwood Mulch Yards 34 $ 169.95 $5.778.30 40 $ 169.95 $6,798.00 58.5 $20.00 $1,170.00 CS. Colorado Spruce/ Picae pungens 6ft ax8 BS. Black Hills Spruce 6ft BxB Tax on all the above $1,333.4 1 Total Price with one year warr;;1nty and first watering = $21,.847.56 This is a estimate. Thank you Chuck Pilkinton President 1-\ ."5:3 I. ,', ,i :> l , C' (. r N \J I J. t I I; 0 !.J t f1 ~.;. I ,., r r ~~ v '. M N $!. 0 I :. Office: f61Z) 5S2-0020 · Fax: 1612' 4!;!;.3936 EXlllBIT "F" TO DEVELOPMENT CONTRACT RESIDENTIAL STREET LIGHTING POLICY BACKGROUND The City intends that this street lighting policy promote the safe travel of city streets in a manner both fair and affordable to the City and its residents. Residential street lighting promotes pedestrian and traffic safety to the extent that the City shall approve street lighting where warranted by such concerns. Lighting requests shall come either by recommendation of the City Engineer or by resident petition. The capital costs of residential street lighting shall be the responsibility of those residents. or any portion of those residents, determined to be affected by the light. NEW SUBDMSIONS All lighting plans require approval by the City and the utility responsible for street light operation and maintenance. In new subdivisions, street lights shall be placed at intersections, every 300 feet between intersections where intersections are more than 600 feet apart, and at the ends of cul-de-sacs where the distance from said end to the intersection of the cul-de-sac where the street is greater than 300 feet. Within their developments, developers shall also install lights to City standards at the intersections of residential streets with collector streets. The developer shall pay full capital cost of every light to be installed; this includes poles, fixmres, underground wiring, and all appurtenant work. The developer shall pay operation and maintenance for the light system until the City accepts the project, at which time the billing shall be transferred to the City. 100 or 150 watt high pressure sodium lights in traditional or cobra-head style (as approved by the City and the utility) shall be the standard for new subdivisions. Where a portion of the development is already lit, new lights shall match in style and wattage those already in place. In cases where developers wish to install more lights than warranted by City policy, or wish to install non-standard lights, monthly operation and maintenance becomes the responsibility of the development's residents through their homeowner's association or similar organization. The City will not take over such non-standard systems, though City approval shall still be required. EXISTING SUBDIVISIONS Where traffic safety clearly warrants, a street light may be placed upon the recommendation of the City Engineer's office. The basis of such warrants shall be a minimum Average Daily Traffic of 2000 vehicles or a layout such that, in the City Engineer's estimation, significant improvement in safety might be obtained by the placement of a street light. Since the benefit of such installations extends to the City as a whole, these will be done at City expense. When residents request additional lighting for their neighborhoods, they must do so by petition - signed by 60 % of the neighbors affected by the proposed light. The affected area shall be 100 linear feet on either side of the proposed light, on both sides of the street. The placement of the proposed light shall be specified in the petition. Petitioners shall approach the City prior to circulating their petition to obtain direction as to where street lights are warranted for their neighborhoods. Lights shall be approved only as they meet the following warrants for existing subdivisions: intersections, between intersections at intervals of 300 feet where the distance between intersections is greater than 600 feet, and at the ends of cul-de-sacs where the distance from said end to the intersection of the cul-de-sac where the street is greater than 300 feet. If approved, each street light shall be purchased by the affected residents. Payment shall be made prior to the installation of the light and shall include the cost of the poles, fixmres, underground wiring, and all appurtenant work. The method of payment shall be as directed by the City Finance Department. The City shall assume operation and maintenance cost for a light from the time it is energized by the utility. In existing developments, new lights shall match in style and wattage those already in place. If no lights be currently in place, 100 or 150 watt high pressure sodium lights in cobra-head or traditional style shall be the standard. 1:\97files\97subdiv\final\knobhiI2\dvcntrct.doc 31 06/25/97 EXlllBIT "G" TO DEVELOPMENT CONTRACT CONDITIONS OF PLAT APPROVAL 1. A current title opinion or commitment of title insurance be submitted acceptable to the City Attorney. 2. Payment of all fees prior to release of the fInal plat mylars. 3. Reductions of the entire fInal plat be submitted, to the following scales: 1" = 800'; 1" = 200'; and one reduction at no scale which fIts onto an 81/2" x 11" sheet of paper. 4. Four mylar sets of the fInal plat with all required signatures be submitted. 5. The developer provide fInancial security, acceptable to the City Engineer prior to release of the fmal plat mylars. 6. The fInal plat and all pertinent documents must be fIled with Scott County within 60 days from the date of fmal plat approval. Failure to record the documents by September 7, 1997, will render the fInal plat null and void. I: \97files\97 subdiv\final\knobhil2\dvcntrct. doc 32 06/25/97 -~-T'''' -.--. -- -- fir