Loading...
HomeMy WebLinkAbout5G - Pike Lake Meadows Final Plat MEETING DATE: AGENDA#: PREPARED BY: AGENDA ITEM: DISCUSSION: 4646 Dakota Street S.E. Prior Lake, MN 55372-1714 CITY COUNCIL AGENDA REPORT SEPTEMBER 17, 2007 5G JEFF MATZKE, PLANNER CONSIDER APPROVAL OF A RESOLUTION APPROVING THE FINAL PLAT AND DEVELOPMENT CONTRACT FOR PIKE LAKE MEADOWS Introduction Manley Land Development has applied for approval of a development to be known as Pike Lake Meadows on the property located at the northwest intersection of CSAH 42 and Pike Lake Trail, south of Pike Lake. The application calls for a property of 21 acres to be subdivided into 19 lots and 4 outlots to allow for 11 townhome residential units and 8 townoffice units. History On June 18,2007, the City Council adopted Resolution #07-122, approving the preliminary plat for Pike Lake Meadows. The resolution listed the following as conditions of approval: a) The developer must obtain the required permits from any other state or local agency prior to any work on the site. b) The developer shall provide documentation verifying access easements that allow the adjacent residential property a maintained driveway through the project site to Pike Lake Trail. c) The developer shall stub utility services to the property boundary of the adjacent residential parcel. d) The developer shall provide an easement within Outlot D to assure future access from Sherrie Street to the adjacent parcel to the northeast. e) The developer shall provide a cost estimate for oversizing the trunk watermain from an 8" to 12" pipe. f) The developer shall provide a cash escrow of $34,225.65 to the City for the installation of a Pressure Reduction Value (PRV) Station. g) The developer shall dedicate a trail easement across part of Lot 17, Block 2. h) The developer shall submit a revised building elevation plan for the office condominium units identifying a minimum 60% of Class I materials on all building faces. i) Revise the plans to address all of the Engineering comments in the memorandum from Assistant City Engineer Larry Poppler dated May 3, 2007. j) The developer must submit a Letter of Credit in an amount equal to 125% of the cost of the required replacement trees. Current Circumstances The final plat of Pike Lake Meadows consists of approximately 21 acres to be subdivided into 19 lots and 4 outlots to allow for 11 townhome residential units, 8 townoffice units, and parkland. www.cityofpriorlake.com Phone 952.447.9800 / Fax 952.447.4245 Motion By: Second By: WHEREAS, On June 18, 2007, the City Council approved the preliminary plat known as "Pike Lake Meadows", subject to conditions identified by Resolution 07-122; and WHEREAS, The City Council has found that the final plat of "Pike Lake Meadows" is in substantial compliance with the approved preliminary plat for "Pike Lake Meadows"; and WHEREAS, The City Council has approved the final plat of "Pike Lake Meadows." NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The final plat of "Pike Lake Meadows" is approved subject to the conditions set forth in this resolution. 3. The final plat of "Pike Lake Meadows" is subject to the following conditions, which shall be met prior to release of and recording of the final plat: a) Payment of all fees prior to release of the final plat mylars. b) Reductions of the entire final plat be submitted, to the following scales: 1" = 200'; and one reduction at no scale which fits onto an 81/2" x 11" sheet of paper. c) Four mylar sets of the final plat with all required signatures must be submitted. d) The developer must provide financial security, acceptable to the City Engineer prior to release of the final plat mylars. e) The developer shall provide documentation verifying access easements that allow the adjacent residential property a maintained driveway through the project site to Pike Lake Trail. f) The developer shall stub utility services to the property boundary of the adjacent residential parcel. g) The developer shall provide an easement within Outlot D to assure future access from Sherrie Street to the adjacent parcel to the northeast. h) The final plat and all pertinent documents must be filed with Scott County within 90 days from the date of final plat approval. Failure to record the documents by December 17, 2007, will render the final plat null and void. 4. The Mayor and City Manager are hereby authorized to execute the Development Contract on behalf of the City. PASSED AND ADOPTED THIS 17TH DAY OF SEPTEMBER, 2007. Hauaen Hauaen Hedbera Hedbera Erickson Erickson LeMair LeMair Millar Millar YES NO Frank Boyles, City Manager .... \A1WW:tityofpriorlake:cotn. Phone 952.447.9800 / Fax 952.447.4245 PIKE LAKE MEADOWS LOCATION MAP I S ita ~ CSAH 42 DRIVE N + "\..'~""" ,\',,- ' "' ~"' 0,.", "'"' '\ \'" ,,'\\. '\., ".. '" '\.'" \ \::,'~ -'.,\.. '\, it 1\ ) ,/ ,,,\,_. '-"\.. '\" 1/ -? ,L/ ~,~ i ... / I \ "'. '.... \', I ' ' 1 ' , I ..-- - ""'-'-, "'_\.~" : / /~/ ,1/ I, ! \ "'. ","' ~'" )' / / " " ~,~..........,~ // // r / "\~~ ::-::---~~:..---1f--~---*----~-----=-~==--=-.-:~~ ___C'C_~~~~ , :I>' \~ ,\_,~~ -;y.~ ;;'::_ b~ PIKE LAKE 1RAI. HE.. \::? v~ // / '"", t........,.. 1\ \ /~",,t (1 I .." \ ///'1 f....) " /'....,[./.;;-JiZ.. / /,' I....)&+,:;' t;.. .'......; :./ / / "*'>."!J"~/' /~ r......--~~/~ \, ,O_:y; / I, ~J~~: "''', / "!fit ""'-Z. I1/, , J '~/ PONO ......'................. I \ '.~:~:~.---' \\ ~~~ " ' ~ I , ----<:::". ! } ;,11 .- 1 SPACE / 25CI Sf' rF FLOOR AREA 2,470 Sf X a UNITS _ 15.760 Sf TOTAl.. ~= : t~ .n1S SPACES (3 HAN[NCAP) ~1.~EE~engineering =.--=-.o:."UII l6i\)M1.It'._I_ 301_A ",_w. f;~:=l_ McDdou. Heipu 0fIice '. ~~~"IH~j~~T 't~ ~,/', / ----------...,/' ./ \ ", \, ,~ )-=- ~W lie GRAPHIC SCALE IN FEET P.U.D. SITE PLAN ---Multi Family / Town Home Setback Check List--- ... "<>1. on*" N~ WItl.... ..Iotrno\,,,,, not OI>~l<.obl.'''' Pnjo<'-PI<l:l..MI_ P"'jo<'_~"""P 0.""-'-00 ea..,._...........~'5. = '::':..u:.'~ ~o:::.~~ .... ..... =~~~tt:;:!::....-~ ~_':5-..'-'5 ~II<_" ..., _.. _.5 """', _, ,N(.~~ ~~~~.0i~~~~';~~ ~~ .......--_...,.._" - ~,..~:;~:=~-=-=:::-::=-~-=- ;{':"I/~];E- ~2J;E-I/~J;'6 1.:6 ~/~) ",=~,~_:~':~~:mn I'."" :1\-'" .. .~':\ 0..:0.. uunn______________ ~*...'/!PI ~ _ Y I '. ,/!PI ~ ~..:T~:~~~~~~~~~~~-[E~/:nE_~ :..:~>:jJ .-,""'""Y_......_........." .or_DJ___....... :.:.~~~.::::" u ----../ / / --~ ul .. Z 8 ~ j!; ; ""'" LME ~ d z ~ a: ~ ~ SHORELAND OVERLAY ---Comerclol Property Setback Check Lilllt--- PERCENT PROPOSED NPERVllUS ARE'~JI 111.74\ 2'-"1' 24.57% 21.54\ WEllAtil 'REA [SJI 103,588 114,620 4,191 222,999 NET AREA [SJ,I 140,575 227,496 143,539 511,610 EUSS 25\SHORElANO AllOWABLE PROPOSED NUYBER ALLOWABLE NUMBER OF NUMBER OF OF UIm IlIPERV()US UNlTSlEACHl UNITS (EAOi) (EA0i) ARD.(SJ.) 7.03 4.00 3.00 35.144 11.37 12.00 .(I.53 56,874 7.16 3.00 4.18 35,885 25.58 1& 6.58 127,9ll3 PROPOSED TOTAl. STREETIPARll:1(; PROPOSED NPERVOUS AREA UPERVDUS ISJ.) AREA (SJ.) 5978 15092 _ ,.,,, 29!i66 35271 61812 1111181 "..., ~... .......'.... "","_~n ~~ ':::::,"::. ':'. ~~ ..,.. -~. ~= ~f~~~ ~R;1~~"" -.' ~.~~_20 ~..- __.....5 ......'_r'.,.(.l:~. ;~:0i~:~~~'~;' ~ GROSS 'REAISJ,) 244,163 342,116 148,3311 734."" lIRNUMBER I 1 3 TOTAl GRO\Hl lOT"- """"'" FLOOR AREA PARK"" UhTlS AREA FLOOR AREA RAm DENSIlY STAllS " ,- 21351 21'-"" <t.51 .. , .,." ,..., 13.05% ;,'; " 01$ 0 """ 0 0."", 0.00 0 0 "'" 0 0"", 0,00 0 " .,,"" 31799 '''' 0.87 ", ~...,....._..- ...... ~ ::7~~:=:-~=:;::.~=- ~r:;:: ~l;~ ~/I~E-i/ :i~:~: :'~/1 ~2:.;;;;.:::::::::::: IE: :;11=:;0I1=~;:1I::: n;Ol = :::::::::::::::::::::::- [t:'~,\,/,~~i:. \'~)~t=. \'/~/~I '';. 'I\'~J ~_ ".. __nnu__u______ I_'l!ll ~J\_l!ll ~J I.-l!ll MJ II" Il!ll M) ~ _ WEllAND ElUFfER. zrt WIN. 30' A'fUAGE ~~~ ,- n.Uo" ~. MANLEY LAND DEVELOPMENT 211] QJfP DIUVE EAOAN,MDiNPOTA~I22 PI '" I PIKE LAKE MEADOWS ftUOIl LAKE. MINNiSOtA FINAL P.U.D. SITE PLAN /'" .\, \, <-., "\ ~;, "- ~------- ~-/ 11 -'- -- -----....... ~/ ~ /: ..~~~~f... / / I - ~ 7 ITR / '... WETLAND BASIN WITH (: _,~/--QJIIM C, MNDOT/BWSR MIX W2 AND l I, --,--~' I CONTAINERS PER ,-- ~ .... l STQRMWA TER WETLAND ~ Ir I, DETAIL ON SHEET U OF :3 ----- r~/ I ~~_ ___!~~ 1 -- ___ -- --_~ __CS~~' ~...~<:--~~ 9 9 _ t"~g' ~"1l c .E COUNTY ROAD NO:--42.7(140TH STREET NEl--// - y - .1 "' I / I / I I \/,1 '--- C.,! r>I.~JEE~engi~~ :::'-~-=':=''=T - ~~_ :.:.':'~'i::':r": ....No. ~ o.~ - _-II7a-N:oI..Iit<TniI m-%1-O'INEWtaB_VA'JJl:.tI~ 09-1141 =:-.:!.= MmdocaIldifabOfficc =~'?=11lJ u. u. RESlDENTlAL LANOSCAPE TREE REQUIREMENTS KEY COWMON N.....E me NAME O~RSTORY TREES AS AUTUWN BLAZE IolAPLE/ACER X FREEIolANII 'AUrut.lN BLAZE' 110 REO OAK/QUERCUS RUflRA so sw....wP 'M-t1T[ OAK/OUERCUS BICOLOR EVERGREEN TREES BLACK HilLS SPiruCE/f>ICEA GlAWe... DENSATA 'MiITE PINEjf'lNUS STROBUS ROOT QtJANTIlY 2_5.B~ .}.S"B<k6 2.5"8116 ,'"" 6'86:8 RES. LANDSCAPE TREES PROPOSEDjREQUIREO - 1480 L.F. / 40 L. F. = 37 LANDSCAPE NOlES COMMERCIAL LANDSCAPE TREE REQUIREMENTS KEY COMMON NAME C NAME OVERSTQRY TREES FiB RIVER BIRCH/SOUL" NIGRA 'HfRITAGE' C" GREEN ASHjrRAXINuS PENNSY~VANICA RO RED OAK/QUERCUS RUBRA EVERGREEN TREES 5S BLACK HILLS SPRucrfPlCEA GLAUCA DENSA TA we 'M1ITE CEDARj1liUJA OCCIDENTAUS V6' Wr11Tt: PINE/PINUS smosus QUAI< TY '~~:=-lia.f:"~~oru.."":io~ ~~':': t.. ,TII. Lon_' c..o.,.""tor _ _'1, OIl ~tl.t~ "" lI'I.,...jKt....,,;orl<>c.............,-... .AI....gh_fio....~I..IIo~..'.."'~ .:..~t~r::='~~~r.::e.,:"" ....."""""'....."'.."".....,tl>eot_.t_..1n _ _ ...._..,ion ..I_,....,-_an St_<If...~_1Stodo. .:-- :~::''' ..r:-t:) ~t/lr=- ~..V;...c:~"": ..t. .~~~~~::-;~":t"~nr...~=.~:1 ';:~:~=:Cir =1!":;:-~"}~f':" .11 tI'...-. .. . _",,""C1 bet*..n III. ......~... .1 p......_...t/I.pl""_u..nII"I1kt....""... =.~~~. n......... _on on 11>0 pi"" .;0 .=:r:.....~':':!I":'k.~.= =-... In."".... .TIIr.. .... -- ~~ 2.5" B&S .l5.B~ 2SBtiI S' B&S S'8~ S'BiIcB COMM. LANDSCAPE TREES PROPOSED/REQUIRED = 1280 L.F. / 40 L. F. - 32 '''-, TREE MITlGA TlON REQUIREMENTS KEY COMl.lON NAt.tE/SCIENTIflC NAWE OVERSTORY TREES RB RIVER aiRCH/BETuLA NIGRA 'HERITAGE' GA GREEN ASH/fRAXINUS POINS'I1.VANtCA Ail AUTUIolN BLAZE IolAf'LE/ACER X ,REEt.lANII 'AuTUMN BLAZE' BLACK ASH/tRAXINUS NIGRA rAllGOLO' SWAMP 'M-IITE OAX/aUERCUS BICO!..OR GK GINGKO/GINGKO BllOOA HO HONE'I1.0CUST/ GLrDlTSIA TRIACANTHOS INERIoIIS 'SK'I1.INE" EVERGREENTR(ES BS BLACK HILLS SPfWCE{pICEA GLAUCA OENSATA wp 'N"IITE PINEjPlNUS STROBUS TOTAL MITlGATlON TREES REQUIRED = 67 MITlGA TlON TREES PROPOSED ON PLAN - 67 ; L:LJ Ii CRAPHIC SCALE IN FEET M - ---.-------.-- MANLEY LAND DEVELOPMENT 2113 aJPF DDRJVE EAGAN, MINNIlSOT/t. ~Sl:n LANDSCAPE PLAN 2.5" B&B 2.5"BokB 2.5" B&E! 2.5" B&B 2.5" B&B 2.5"8011B 25"8011B 6'BoIIB 6' B&B ALL OTHt:R TREES ,U.e1I'!nInk. 'P?Jr-..!~C~I~';i..~~ '~l:' ~c~1 ROOT QUANTITY " . CONIFER TREE PLANTlNG DETAIL , " " ;~l DEQIDUOUS TREE PLANllNG DETAIL !~~SEP ~' 1M? ~:I .. m~ 11 CITY PROJECT #06-162 PIKE LAKE MEADOWS PlIOIlLAlC.l!.MlHNESOT/t. 104305 LS.DWG L1 01' 3 " DEVELOPMENT CONTRACT PIKE LAKE MEADOWS PROJECT #07-128 This DEVELOPMENT CONTRACT is entered into this 17th day of September, 2007, by and between the CITY OF PRIOR LAKE, a Minnesota municipal corporation ("City"), and Manley Land Development Inc., a Minnesota corporation (the "Developer"). Based on the mutual promises and covenants set forth herein, the sufficiency of which is not disputed, the City and the Developer (collectively "Parties") agree as follows: 1. REOUEST FOR PLAT APPROVAL. The Developer has asked the City to approve a Plat for Pike Lake Meadows (referred to in this Development 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 Dev,elopment Contract, furnish the Security required by it, and record the Plat and Development Contract with the County Recorder or Registrar of Titles within 90 days after the City Council approves the final Plat. L:\07 FlLES\07 SUBDIVISIONS\07 F1NAL\Pike Lake Meadows\Dev Contract (final).DOC Page 1 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: I) this Development 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. The foregoing restriction on the Developer's "Right To Proceed" does not apply to grading or other approvals set forth in Resolution No. 07-122, dated June 18, 2007, approving the Preliminary Plat for Pike Lake Meadows. 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 Development Contract or any terms or conditions set out in the Resolution approving the Final Plat and the breach has not been remedied. Development of subsequent phases may not proceed until the City approves Development Contracts for such phases. Fees and charges collected by the City in connection with infrastructure, public improvements and parkland dedication requirements 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 Plans identified below. The Plans shall be approved by the City Engineer prior to consideration of the Final Plat and Developer's Contract by the City Council. The plans shall not be attached to this Development Page 2 Contract, but are incorporated by reference and made a part of this Development Contract as if fully set forth herein. If the plans vary from the written terms of this Development Contract, the more specific or stringent controls shall apply. The Plans are: Plan A -- Plan B -- Plan C -- Plan D -- Plan E -- Plan F -- Final Plat Stamp Dated September 7, 2007 (Prepared by Pioneer Engineering) Final Grading, Development, and Erosion Control Planes) Stamp Dated September 7, 2007 (Prepared by Pioneer Engineering) Tree Preservation and Replacement Plans Stamp Dated September 11, 2007 (Prepared by Pioneer Engineering) Landscaping Plan Stamp Dated September 11, 2007 (Prepared by Pioneer Engineering) Plans and Specifications for Developer Installed Improvements Stamp Dated September 7, 2007 (Prepared by Pioneer Engineering) Site Plan Stamp Dated September 7, 2007 (Prepared by Pioneer Engineering) All plans set forth above are incorporated herein and made part of this Development Contract. 7. DEVELOPER INSTALLED IMPROVEMENTS. The Developer shall install and pay for the following: A. Sanitary Sewer System B. Water System C. Storm Sewer D. Streets E. Concrete Curb and Gutter F. Street Lights G. Site Grading and Ponding H. Underground Utilities I. Traffic Control Signs J. Street Signs K. Setting of Iron Monuments Page 3 L. Sidewalks and Trails M. Landscaping N. Building Demolition O. Pressure Reducing Valve The Developer Installed Improvements shall be installed in accordance with the City's 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 and approvals from any other agencies having jurisdiction before proceeding with that aspect of the construction as it relates to that permit. The Developer, its contractors and subcontractors, shall follow all instructions received from the City's authorized personnel. The Developer or the Developer's engineer shall schedule a preconstruction meeting with all parties concerned, including the City staff, to review the program for the construction work. In accordance with Minnesota Pipeline Safety law revisions effective January 1, 2006 the Developer will be responsible for installing a tracer wire mechanism for all service lines in public right-of-way. The proposed tracer mechanism shall be approved by the City prior to installation. All costs associated with furnishing and installing the tracers shall be the Developer's responsibility. City has the right to reject the placement of the wear course of asphalt should settlements occur that mean correction after one winter. 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. The City's authorized personnel shall provide construction observation during the installation of the Developer Installed Improvements in accordance with the Public Works Design Manual. These services by the City shall include: Page 4 A. Construction observation during installation of required Developer Installed Improvements, which include grading, sanitary sewer, watermain, storm sewer/ponding and street system. B. Documentation of construction work and all testing of Developer Installed Improvements. C. Field document as-built location dimensions for sanitary sewer, watermain and storm sewer facilities. The Developer's Engineer is responsible for data collection and preparation of as- built record plans. 9. DEVELOPER PROVIDED CONSTRUCTION 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 record drawings showing location, dimensions and elevations of all utility improvements, including but not limited to top nut of hydrants, manhole rims, manhole inverts. (Field tie dimensions to sewer and water services shall be provided to the Developer's Engineer, by City staff or City consultants.) As-built record drawings shall follow the requirements set forth in the Public Works Design Manual (PWDM). The as-built record drawings shall be submitted to the City for approval within six (6) months of substantial base pavement course placement. D. Project Testing: The Developer is responsible, at the Developer's sole cost, to provide testing to certify that Developer Installed 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 has the sole discretion to determine if additional testing is necessary. The cost of additional testing is to be paid by the Developer. E. Lot comers and monuments. Page 5 10. SUBDIVISION MONUMENTS. The Developer shall install all subdivision monumentation within one (1) 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 (1) 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. 11. TIME OF PERFORMANCE. The Developer shall install all required public improvements by December 31, 2008, with the exception of the final wear course of asphalt on streets. The final 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. If necessary, the Developer and the City shall consult about an extension of time. 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. 12. 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 the development of the Plat. 13. EROSION CONTROL. A. Prior to initiating site grading, the erosion control plan, Plan B, and Stormwater Pollution Prevention Plan (SWPPP) shall be implemented by the Developer and inspected and approved by the City. The City may require the Developer, at no cost to the City, to install additional erosion control measures if they are necessary to meet erosion control objectives. All areas disturbed by the excavation and backfilling operations shall be reseeded immediately 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 Page 6 with the erosion control plan and schedule or supplementary conditions imposed by 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. The Developer shall be solely responsible for any costs incurred by the City for erosion control measures. The Developer shall fully reimburse the City for any cost incurred within ten (10) days of the date of the City's invoice. If the Developer does not reimburse the City for any cost the City incurred for such work within ten (10) days, the City may, without further notice to the Developer, draw down the Irrevocable 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. Due to the time sensitive nature of providing for erosion control, the notice provisions set out in Paragraph 40 shall not apply to notifications to the Developer under this paragraph. B. The Developer shall lay cultured sod and place silt fencing in all boulevard areas behind curb within thirty (30) days, or within a timeline established by the City Engineer, of the completion of street related improvements. C. The Developer shall restore all other areas disturbed by the development grading and construction operations within this time period. D. Boulevard and disturbed area restoration shall be in accordance with the approved Plan Band SWPPP. (No building permits will be issued until the Developer has installed silt-fence behind the curb of all buildable lots). It is expressly understood that once silt fence has been installed it shall be become the builders' responsibility to maintain the silt fence, unless the silt fence is damaged by the Developer's utility contractors. Page 7 14. CLEAN UP. The Developer shall clean dirt and debris from streets that has resulted from any and all construction work by the Developer, homebuilders, contractors and subcontractors, their agents or assigns. Prior to any construction in the Plat, the Developer shall identify, in writing, a responsible party and schedule for erosion control, street cleaning, and street sweeping. If the Developer fails to perform the required clean up within 24 hours of receiving instructions and notice from the City, the City, without further notice, will perform the work and charge the associated cost to the Developer. If the Developer does not reimburse the City for any cost the City incurred for such work within ten (10) days of receipt of the invoice, the City may draw down, without further notice, the Irrevocable Letter of Credit to pay any costs incurred by the City. Due to the time sensitive nature of clean up, the notice provisions set out in Paragraph 39 shall not apply to notifications to the Developer under this paragraph. 15. GRADING PLAN. A. The Plat shall be graded in accordance with the approved grading, development and erosion control planes), (Plan B). The plans and work shall conform to the requirements set forth in the City of Prior Lake Public Works Design Manual. B. As-builts. Before the City releases the Grading 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 elevations along all swales and ditches, and c) lot comers and house pads. The City may withhold issuance of building permits until the approved certified grading plan is on file with the City and all erosion control measures are in place as determined by the City Engineer. The Developer shall also submit a lot tabulation certified by a registered engineer showing that all pads have been corrected in accordance with project specifications. Page 8 16. OWNERSHIP OF DEVELOPER INSTALLED IMPROVEMENTS. Upon completion of the Developer Installed Improvements required by this Development Contract; (1) final written acceptance by the City Engineer and, (2) adoption of a resolution of acceptance by the City Council, the improvements lying within public right-of-way and easements shall become City property. The Developer shall be responsible for all pond maintenance until written acceptance by the City of the Developer installed improvements. (Alternative): Pond shall be maintained in perpetuity by developer or homeowner's association. 17. STREET MAINTENANCE. Developer shall be responsible for all street maintenance until final written acceptance by the City of the Developer Installed Improvements, All private street maintenance shall remain the Developer's and homeowners association in perpetuity. Warning signs and detour signs, if determined 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. For the purpose of this subparagraph, "street maintenance" does not include snow plowing or normal sweeping. 18. CONSTRUCTION ACCESS. Construction traffic access and egress for grading, public utility construction, and street construction is restricted to Pike Lake Trail. No construction traffic is permitted on the adjacent local streets. 19. IMPROVEMENTS REOllJRED BEFORE ISSUANCE OF BUIWING PERMITS. A. Grading, utilities, curbing, wetland buffer signs, and one lift of bituminous shall be installed on all streets providing access and adjacent to a lot prior to issuance of any building permits for that lot. Grading as-builts for the proposed building permit shall be approved prior to issuance of a building permit. Before a building permit will be issued a minimum of one (1) active fire hydrant within 300 feet of the unit must be available for fire protection. If building permits are issued prior to the Page 9 acceptance of the Developer Installed Improvements, the Developer assumes all liability and costs incurred as a result of the delays in completion of the Developer Installed Improvements; including damages to Developer Installed Improvements caused by the Developer, its contractors, subcontractors, material men, employees, agents or third parties. B. A temporary or 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. 20. 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 development of the Plat, project monitoring during the warranty period, processing of requests for reduction in security, and any consulting or legal fees incurred by the City. Fees for this service shall be four percent (4%) of the estimated construction cost as detailed in Exhibit E, less oversizing costs outlined in Exhibit D, assuming normal construction and project scheduling. Extraordinary costs incurred by the City over and above the four percent (4%) Administration fee shall be billed to the Developer. Extraordinary costs are defined as costs resulting from change orders applied to the project and costs incurred as a result of unknown conditions at the time of design, project delays, or costs incurred in enforcing the terms of this Development Contract. 21. CITY CONSTRUCTION OBSERVATION. Construction observation shall include, but is not limited to, part or full-time inspection of proposed grading, public utilities and street construction and City consultant expenses. The Developer shall deposit an amount equal to five percent (5%) of the estimated construction cost, less oversizing costs outlined in Exhibit D, for construction observation Page 10 performed by the City's authorized personnel. This amount shall be maintained by the City in escrow until final acceptance of all Developer Installed Improvements by the City. Any balance remaining in the escrow account will be returned to the Developer at that time. Extraordinary costs incurred by the City over and above the five percent (5%) Construction Observation fee shall be billed to the Developer. Extraordinary costs are defined as costs resulting from change orders applied to the project, project delays or costs incurred as a result of unknown conditions at the time of design. 22. TRUNK STORMWATER ACREAGE CHARGE. The Developer shall pay a trunk stormwater acreage charge of $19,143 for trunk stormwater improvements prior to the City signing the final Plat. The amount was calculated as follows: 3.36 acres at $2,790.00 per acre and 1.69 acres at $5,780.00 per acre. This charge was determined by the Trunk Storm Water Fee Study adopted by City Council Resolution # 05-18 on January 18,2005. 23. TRUNK WATER ACREAGE CHARGE. A trunk water acreage charge of $27,775 shall be paid by the Developer for trunk watermain improvements prior to the City signing the final Plat. The amount was calculated as follows: 5.05 acres at $5,500.00 per acre. This charge was determined by the Trunk Water System Fee Study adopted by the City Council Resolution #05-07 on January 3,2005. 24. TRUNK SANITARY SEWER ACREAGE CHARGE. A trunk sanitary sewer trunk area charge of $15,352 shall be paid by the Developer for sanitary sewer trunk improvements prior to the City signing the final Plat. The amount was calculated as follows: 5.05 acres at $3,040.00 per acre. This charge was determined by the Trunk Sanitary Sewer Fee Study adopted by City Council Resolution on #05-18 on January 18,2005. 25. STREET OVERSIZE ACREAGE CHARGE. The Developer shall pay a street oversize acreage charge of $24,846 for street oversizing improvements prior to the City signing the final Plat. The Page 11 amount was calculated as follows: 5.05 acres at $4,920.00 per acres. This charge was determined by the Transportation Plan Fee Study adopted by City Council Resolution #05-18 on January 18,2005. 26. SANITARY SEWER AND WATER CONNECTION CHARGE. The Developer shall pay a sanitary sewer and water connection charge of $ 18,000 for connection to the sanitary sewer and water systems prior to the City signing the final plat. The amount was calculated as follows: 150' at $120.00 per front foot. 27. 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 City. The required amount of dedication of land or cash payment shall be determined by the provisions of Section 1004.1000 if the City Subdivision Ordinance, or by the fee scheduled adopted by resolution of the City Council. The fee shall be paid prior to the City signing the final Plat. The Developer shall provide the City with a warranty deed for any land described as an outlot or a lot rather than park on the final plat. This Development Contract requires the Developer to dedicate the 14.49 acres of parkland identified as "PARK" on the final plat. The Developer must provide a trail easement across Lot 17, as shown on the trail easement plan stamp dated August 17, 2007. This easement must be recorded with the Final Plat. Prior to City acceptance of the "P ARK" area, any diseased trees shall be removed according to City Ordinance Section 602. 28. STREET LIGHTS AND OPERATIONAL COSTS. The Developer is 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 Developer shall pay operation and maintenance for the streetlights until the City accepts the Developer Installed Improvements, at which time the billing shall be transferred to the City. The street light plan must be acceptable to the City Engineer and in accordance with the Public Works Design Manual. Page 12 29. LANDSCAPING. Landscaping for this Plat shall comply with Plan D. The cost of the landscaping requirements shall be provided by the Developer, subject to approval by the City. Subject to approved Plan D, the Developer shall provide a financial guarantee of $87,268.75 based on an amount equal to 125% of the estimated cost, to furnish and plant the required landscaping and irrigation system. The City shall maintain the Security for at least one (1) year after the date the final landscaping has been planted. At the end of such year, or such longer period as the City determines to be reasonable, the portion of the Security equal to 125% of the estimated cost of the landscaping/replacement trees, which are alive and healthy may be released. Any portion of the Security not entitled to be released 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 plant missing trees. Upon completion of the replanting or planting of these trees, the Security shall be maintained for at least one (1) year after the date of the replanting or planting of these trees. If, at the end of this period, all of the required trees are alive and healthy, the entire Security may be released. 30. TREE PRESERVATION AND REPLACEMENT. Subject to approved Plan C, and to the provisions of Section 1107.2100 of the City Zoning Ordinance, the Developer shall replace 166.7 caliper inches of trees on the site. These replacement trees are identified on the approved landscaping plan, Plan D. The financial guarantee for these trees is included in the landscaping guarantee. 31. SECURITY. To guarantee compliance with the terms of this Development Contract, payment of the costs of all Developer Installed Improvements, and construction of all Developer Installed 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 ("Security") shall be in the form attached hereto as Exhibit B, from a bank for $ 596,581.00. The amount of the Security was calculated as follows: Page 13 DEVELOPER INSTALLED IMPROVEMENTS COSTS: Sanitary Sewer $ 47,353.90 Watermain $ 148,409.35 Storm Sewer $ 51,458.60 Streets/Sidewalksffrails $ 230,043.12 Landscaping/ Tree Preservation and Replacement $ 0.00 (collected as a part of LOC# 200440) GradinglErosion Control (collected as part of LOC#200441 ) $ 0.00 ESTIMATED DEVELOPER INSTALLED IMPROVEMENTS SUBTOTAL $ 477,264.97 X 1.25 TOTAL FOR IRREVOCABLE LETTER OF CREDIT AMOUNT $ 596,581.00 This breakdown is for historical reference; it is not a restriction on the use of the Security. The bank on which the Irrevocable Letter of Credit is drawn shall be subject to the approval of the City. The bank shall be authorized to do business in the State of Minnesota with a principal branch located within the seven County Twin City Metropolitan area. The Security shall be for a term ending December 31, 2008 unless otherwise approved by the City Engineer. The Irrevocable 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 January 1st of each year), the Bank delivers written notice to the Prior Lake City Manager that it intends to modify the terms of, or cancel, the Irrevocable 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, 4646 Dakota Street, Prior Lake, Minnesota 55372-1714, and is actually received by the City Manager at least forty-five (45) days prior to the renewal date. If the required Developer Installed Improvements are not Page 14 completed at least thirty (30) days prior to the expiration of the Security, the City may draw on the Irrevocable Letter of Credit. If the Security is drawn down, the proceeds shall be used to cure the default. 32. REDUCTION OF SECURITY. Upon receipt of proof satisfactory to the City that the required portions of the Developer installed improvements have been satisfactorily completed and financial tIO obligations to the City have been satisfied, the Security may be reduced by seventy-five percent (75%) of the financial obligations that have been satisfied upon written authorization by the City Engineer. Any requests for reductions in the Security must be made in writing to the City Engineer and must be accompanied by lien waivers from any contractor or subcontractor for the Developer. Twenty-five percent (25%) of the Security shall be retained until all Developer Installed Improvements and other obligations under this Development Contract have been completed, including, but not limited to, all financial obligations to the City, and the receipt of all required as-built street, utility and grading plans by the City. Once the City has accepted the project, as-builts have been completed, all punch list items are completed and warranty bonds submitted, the Irrevocable Letter of Credit may be reduced to 5%. Upon completion of the warranty period the 5% Irrevocable Letter of Credit may be released. In no event shall the five percent (5%) Security be released until the Developer provides the City Engineer with a certificate from the Developer's registered land surveyor stating that all irons have been set following site grading and utility and street construction. 33. CITY DEVELOPMENT FEES. The Developer shall also furnish the City with a cash fee of $146,690.00 for City Development Fees. The amount of the cash fee was calculated as follows: CITY DEVELOPMENT FEES: City Administration Fee (4%) $ 18,166.00 City Construction Observation (5%) $ 22,708.00 Trunk Stonnwater Acreage Charge $ 19,143.00 Page 15 Trunk Water Acreage Charges $ 27,775.00 Trunk Sanitary Sewer Acreage Charges $ 15,352.00 Street Oversize Acreage Charge $ 24,846.00 Sanitary Sewer and Water Connection Charge $ 18,000.00 Park and Trail Dedication Fee (if in lieu of land) $ 0.00 Street Sign at CSAH 42 and Pike Lake/Sherrie $ 700.00 TOTAL CITY DEVELOPMENT FEES $ 146,690.00 34. WARRANTY. The Developer warrants all Developer Installed Improvements required to be constructed by it pursuant to this Development Contract against poor material and faulty workmanship. The Developer shall post warranty bonds in the amount of twenty-five (25%) of the improvements as security. The warranty period for streets is one (1) year. The warranty period for underground utilities is one (1) year. The warranty period on Developer Installed Improvements shall commence on the date the City Council adopts a resolution accepting the improvements. All punch list items must be completed and "as-built" drawings received prior to the commencement of the warranty period. The retained Security may be used by the City to pay for warranty work. The City standard specifications for utilities and street construction identify the procedures for final acceptance of streets and utilities. These standards are set out in the Public Works Design Manual. 35. OVERSIZING. City and Developer agree that the Developer Installed Improvements should be oversized for the benefit of future development. Oversizing is the construction of a Developer Installed Improvement to City specifications that exceeds those that would otherwise be required of the Developer. Oversizing improvements include, but are not limited to, sanitary sewer, water, storm drainage facilities, road improvements, and off-site house removal/abatement. If the City Engineer determines that Page 16 . oversizing is required, the City shall reimburse the Developer for the costs associated with this work and as approved in this contract. City and Developer agree that the cost of system oversizing to be reimbursed to the Developer is $23,105.00 for the PRY valve vault based upon a cost estimate by the City Engineer as determined by the Developer's consultant's estimate (Exhibit D) to be provided by the Developer and application of the City's Assessment Policy based on a final engineering design. A portion of the valve vault cost is provided by the Developer through the P,U.D. Contract. If the oversizing exceeds $23,105.00, the Developer shall be reimbursed for the additional cost as approved by the City Engineer. If the Developer does not obtain competitive bids for the work the City Engineer may reject the estimate prices and use competitive bid prices obtained from recent city projects. No additional oversizing compensation relating to this Development Contract shall be made unless approved in writing by the City Engineer and approved by the City Council. It is the Developer's responsibility to provide accurate estimates in accordance with the approved construction plans. The calculation for oversizing is attached as Exhibit D. 36. CIAIMS. 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 Development 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 the Minnesota Rules of Civil Procedure for the District Courts, to draw upon the Irrevocable Letter of Credit Security in an amount up to one-hundred twenty-five percent (125%) of the claim(s) and deposit the funds in compliance with the Rule, and upon such deposit, the Developer shall release, discharge, and dismiss the City from any further proceedings as it pertains to the Irrevocable Letters of Credit deposited with the District Court, except that the Court shall retain jurisdiction to determine attorneys' fees pursuant to this Development Contract. Page 17 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 one and one-half percent (1.5%) per month or any part of a month. The minimum monthly interest penalty payment for an unpaid balance of one- hundred dollars ($100) or more is ten dollars ($10). For an unpaid balance of less than one-hundred dollars ($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, from the Irrevocable Letter of Credit or other security provided by the Developer to the City. (See Minn. Stat. ~471.425, Subd. 4a.) 37. RESPONSIBIliTY FOR COSTS. A. The Developer shall reimburse the City for costs incurred in the enforcement of thi"s Development Contract, including engineering and attorneys' fees. B. Except as provided in Paragraphs 14 and 15 of this Development Contract, the Developer shall pay in full all bills submitted to it by the City for obligations incurred under this Development Contract within thirty (30) days after receipt. If the bills are not paid on time, the City may issue a stop work order until the bills are paid in full. 38. DEVELOPER'S DEFAULT. A. Definition. In the context of this Development Contract, "Event of Default" shall include, but not be limited to, anyone or more of the following events: (1) failure by the Developer to pay, in a timely manner, all real estate property taxes and assessments with respect to the development property; (2) failure by the Developer to construct the Developer Installed Improvements pursuant to the terms, Page 18 conditions and limitations of this Development Contract; (3) failure by the Developer to observe or perform any covenant, condition, obligation or agreement on its part to be observed or performed under this Development Contract; (4) transfer of any interest in the Plat without prior written approval by the City Council. (For the purpose of this paragraph 38) The sale of a lot, except an outlot, to a builder is not an event of default); (5) failure to correct any warranty deficiencies; (6) failure by the Developer to reimburse the City for any costs incurred by the City in connection with this Development Contract; (7) failure by the Developer to renew the Irrevocable Letter of Credit at least forty-five (45) days prior to its expiration date; (8) receipt by the City from the Developer's insurer of a notice of pending termination of insurance; (9) a breach of any material provision of this Development Contract. With respect to this paragraph, "material provision" shall be construed broadly to offer the City the fullest protection and recourse possible. B. Event of Default. Remedies. Whenever an Event of Default occurs, the City, after providing the Developer with ten (10) days written notice in accordance with the terms of Paragraph 39 of this Development Contract, may take anyone or more of the following actions: I. The City may suspend its performance under this Development Contract. 2. The City may cancel or suspend this Development Contract. 3. The City may draw upon or bring action upon any or all of the Securities provided to the City pursuant to any of the terms of this Development Contract. 4. The City may take whatever action, including legal or administrative action, which may be necessary or desirable to the City to collect any payments due under this Development Contract or to enforce performance and/or observance of any obligation, agreement or covenant of development under this Development Contract. 5. The City may suspend issuance of building permits and/or certificates of occupancy on any of the lots in this Plat. Page 19 6. The City may draw upon the Irrevocable Letter of Credit if the City receives notice that the bank elects not to renew the Irrevocable Letter of Credit. 7. The City may, at its option, install or complete the Developer Installed Improvements using the Irrevocable Letter of Credit to pay for the related costs. 8. Any fees incurred by the City associated with enforcing any of the provisions set out in sections 1-7 above shall be the sole responsibility of the Developer. C. Election of Remedies. None of the actions set forth in this Section are exclusive or otherwise limit the City in any manner. 39. NOTICES. Whenever any paragraph in this Development Contract, with the exception of paragraphs 14 and 15, requires Notice to be provided to the Developer, the notice shall include the following: (1) the nature of the breach of the term or condition that requires compliance by the Developer, or the Event of Default that has occurred; (2) what the Developer must do to cure the breach or remedy the Event of Default; and (3) the time the Developer has to cure the breach or remedy the Event of Default. 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: Manley Land Development, Inc. 2640 Eagan Woods Drive Suite 220, Eagan, MN 55121 . 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, 4646 Dakota Street SE, 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 Halleland Lewis Nilan & Johnson, US Bank Plaza, 220 South Sixth Street, Suite 600, Minneapolis, Minnesota, 55402-4501. 40. 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, Page 20 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. The responsibility to indemnify and hold the City harmless from claims arising out of or resulting from the actions or inactions of the City, its Council, agents, employees, attorneys and representatives does not extend to any willful or intentional misconduct on the part of any of these individuals. 41. NO THIRD PARTY RECOURSE. The City and Developer agree that third parties shall have no recourse against the City under this Development Contract. The Developer agrees that any party allegedly injured or aggrieved as a result of the City's approval of the Plat shall seek recourse against the Developer or the Developer's agents. In all such matters, including court actions, the Developer agrees that the indemnification and hold harmless provisions set out in Paragraph 40 shall apply to said actions. 42. INSURANCE REOUIREMENTS. 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 Installed 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. The Certificate shall be in the form attached hereto as Exhibit C. All insurance certificates shall Page 21 have expiration dates falling on June 30lh or December 3151 of each year. Each insurance certificate shall have the project name and City project number clearly shown. 43. RECORDING DEVELOPMENT CONTRACT. This Development Contract shall run with the land. The Developer, at its sole cost and expense, shall record this Development Contract against the title to the property within ninety (90) days of the City Council's approval of the Development Contract. The Developer shall provide the City with a recorded copy of the Development Contract. The Developer covenants with the City, its successors and assigns, that the Developer is well seized in fee title of the property being final platted and/or has obtained consents to this Development 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 indemnifies and holds the City harmless for any breach of the foregoing covenants. 44. SPECIAL PROVISIONS. The following special prOVISIons shall apply to Plat development: A. Compliance with all of the conditions listed in the Resolution approving the final Plat. B. The Developer is required to submit the final Plat in electronic format. The electronic format shall be compatible with the City's current software. In addition upon completion of the project the Developer shall provide the City with as-built utility plans in electronic format compatible with the City's current software and with layers, colors and line-types formatted in accordance with City standards. Additionally three (3) full size (22x34 inch) paper copies and one (1) reduced (1lx17 inch) copy shall be certified and submitted to the City. Page 22 C. The Developer hereby waives any claim against the City for removal of signs placed in the right-of-way in violation of the City Zoning Ordinance and State Statutes. The City shall not be responsible for any damage to, or loss of, signs removed pursuant to this provision. 45. MISCELLANEOUS. A. Compliance With Other Laws. The Developer represents to the City that the Plat complies with all county, metropolitan, state, and federal laws and regulations, including but not limited to: subdivision ordinances, zoning ordinances, and environmental regulations. If the City determines 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. Severability. If any portion, section, subsection, sentence, clause, paragraph, or phrase of this Development Contract is for any reason held invalid, such decision shall not affect the validity of the remaining portion of this Development Contract. C. Amendments. There shall be no amendments to this Development Contract unless 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 Development Contract shall not be a waiver or release. D. Assignment. The Developer may not assign this Development Contract without the prior written approval of the City Council which approval shall not unreasonably be withheld. 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. E. Interpretation. This Development Contract shall be interpreted in accordance with and governed by the laws of the State of Minnesota. The words herein and hereof and words of similarf Page 23 import, without reference to any particular section or subdivision, refer to this Development Contract as a whole rather than to any particular section or subdivision hereof. Titles in this Development Contract are inserted for convenience of reference only and shall be disregarded in constructing or interpreting any of its provISIons. F. Jurisdiction. This Development Contract shall be governed by the laws of the State of Minnesota. Page 24 CITY OF PRIO~ LAKE (SEAL) By: Jack G. Haugen, Mayor By: Frank Boyles, City Manager ~PER: Its:J\LA rt ~V11{;1 ') frf'S(kvt- / By: Its: STATE OF MINNESOTA ) ( ss. COUNTY OF SCOTT) The foregoing instrument was acknowledged before me this _ day of ,20_, by Jack G. Haugen, 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 ST ATE OF MINNESOTA COUNTY OF ~ ) ( ss. ) The foregoing instrument was acknowledged before me this J I day of Sepkm~, 2007, KfL"H..::. YY1ltV\je,-, . I . "--1111, I ... ~ "-t..t'd= KATHRYNE MARIE FORSBERG .4JJ ~ Notary Public NO ARY LIC Minnesota My Commission Expires Jan. 31,2010 by FEE OWNER CONSENT TO DEVELOPMENT CONTRACT \\&trl \0{ l-aVlJ frV-e 10 fm-e11t:Jn (J , , 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 JJ.:. day of ~ 20 01 . -=====- 4/ . .. .:<::. - ..-= / Kv. ({; na n ~ f/\-{ ') p( -ch1'dcv1 t ST ATE OF MINNESOTA) ( ss. COUNTY OF ~ ) The fo,!,~oin~_ instrument was acknowledged before me this ..lL- day Of~, 20~, by ~r+I~ YY\D...r)\~4 \ KATHRYNE MARIE FORSBERG Notary Public Minnesota My Commission Expires Jan. 31,2010 ~ '/bN'e1J~ NO ARY P Lie DRAFTED BY: City of Prior Lake 16200 Eagle Creek Avenue SE Prior Lake, Minnesota 55372 Page 26 MORTGAGEE CONSENT TO DEVELOPMENT CONTRACT La../u l~h.J:I' t-t?hSJ-rue-It' Or> rr h CLJL U J LLc....-- , 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. . -fA.. & Dated this I ~ day of r:pf..eh-. 6.t~ , 20q. /fd1ln [A~('f .~.!-, J~t --" r~ STATEOFMINNESOTA ) ( ss. COUNTY OF bAk...t;TH- ) A.. The foregoing instrument was acknowledged before me this J ~ -f day of j:, pf~~~ ~ , 20~, by ..s ~ oft .li ----rt:; r.s.. trh . 5v V" t< j? ru~ ;' {."~ 1- L (jJ Iu I C<.- ^-4'" ~ t' i->-5 +1- a ell' h-.. .;:1/ h CL... L.t I L- L f-...- ~~~ NOTARY PUBLIC DRAFfED BY: . City of Prior Lake 16200 Eagle Creek A venue SE Prior Lake, Minnesota 55372 Page 27 CONTRACT PURCHASER CONSENT TO DEVELOPMENT CONTRACT " "~" , which/who has a contract purc ser's interest in all or part of the subject property, the development of which is governed by the foregoing De elopment Contract, hereby affirms and consents to the provisions thereof and agrees to be bound by the provislons as the same may apply to that portion of the subject property in which there is a contract purchaser's iI1t~st. Dated this _ ~ ,20_. DRAFTED BY: NOTARY PUBLIC STATE OF MINNESOTA) ( ss. COUNTY OF ) The foregoing instrument was acknowledged be:b 20_, by City of Prior Lake 16200 Eagle Creek Avenue SE Prior Lake, Minnesota 55372 Page 28 EXHIBIT A (/) ~ o o <{ w ~ w ~ <{ ~ w ~ Q.. !~l'l l . I 1 ;hi. ! ~11!1 I~z' ~!f:: ii.i:l~ I IlJl~ ~~f!l h,11 u f1tH '~ll~ ii.'. ti-lj titl; lhl1 l't:' ilf': "I,U 'I""" l,1!i 1,1" j HHl jlllj ft~l~ ~h!l ! ;JI~ [I~ I~ '\8 ~ C:=J l- [LIl::'] ~-=-"') ~ l:::':!J <:I) -V-:-'-'---j :>., ~" c::::;::=] ro: L_~=~, , i I~ it Ii p p lJ j~ ..1 ~] ,. ~ 3 i ; li ~ ., ~ ~ to ~ .Ii t; i li ;~ I; ,. 3~ l' ,{ €i ~ 1 ]J 6 l { : . . 1 , I =: 1 i2 Pi ~ . ! 1 1 I ! ! ! ~ ~ 1 ~ I iL ~ ~i I ~i, ~ $'1 j 5 ~i! ~ l~i ~ ". U D . Ii ii~ ;; 6 ~ ~ i . . -, ~ 1'1 ~ , ~ Ii u! i fL,.ii Jf.~ ' I j"-l l l~ii!" .: t I - 11~1; .. ,U ;j~.! ~t~ l dial ' hl.s11 !aj . J - h~l. . 'jg,. "I" i j i W'l t :;.ls'r~ Id f · I f fljh ; !,!:iH ~~~ ~~ 1 t iin1 ~ il~i!h li~ ~! 1 h ~ ~~~ii f ~iH.il~ ~.!! E6" '. !.]' f I:.lz ! Jk;lta AI! !lh t ! ill" ~ l- lal Jl'i ~ifi I] I~ ~ z~!:t i zlHiUt hi ~H ~ ~ A n ,& · ., is~ &" l!~~ J2 !- Ji nll, I' m"fl~; 'f'! . i~ 11 JlU:!! A"'Ji 'I I: G Oll<'V D t~: ..,l 'JZ';il ii. h6 i ~! 1 IU1~ i pu~Il!~ ~li :}t 1 . I~ 11* ! 11~IIJU it: ~I~ 1, I~ 11 i i~l :1 i~hll11 11: ltl FI ~I ,t l~,t 1. J.l ']1 i! J)~ I ~t Ii lifi~ 1I1!~I~i;~ ~I! it; I~ 11 I ']! 01-1 · Ii -Jl ..i iE ~} ~-ft -f'!ll~!J ii! 'fii~iiil i;:h Hi i! Ii . ,d, ~!! Ishd ~lhl H, .; ~ ~ . ~ . ! i .. I ~ ~ 1 I I - ~I ;f ~.! ~ ! iP E' I f;l ~ i ., 'I I~ H I! If I' ~ i t II. ~ ~ I ; ~ ~ I 1 til 1.1 . I .. L n In ~ '. :~ ~n j . ! II ! 't' - ~I ~ ~l ~l !I ~l i i ! ! H I ~ : 8 I 8: ! t E X C E P T ION ~_""."_"' : '!fI I ______________________________________________________L-------------------------------------~~~~!d3: PIKE LAKE MEADOWS I -------------------------~ PIKE NOR1H LAKE TR AIL NE 707.30 0/1----------------------------------------------::- ~, ii ' J I liIS-' G ~ I i ~! i~ Ill'" LAKE ,-t'-"E. 01' 'JM( S! 1/4 01' 'JM( 5.1/. TRAIL NE 9 ,"~ /,or- A. .f.~ /:1' \,o~ S'f..CS..? ~-----r-----------...... ! ~, ~ \ i~ \ ~w I I I I } I I I J I / I // /' POND 1t:[n..Il2&.',.,.IN~'9'9) 2(7/05 PMAUD.. m TIC t Lilli: tl1Hr $[ 1/4 01' 'IH[ S\I 1/.-~.. NORTH 329.311'- \ I NORlM / I PAllAUb. lO THE t uc: 01' ft4E 5l 1/. 01' '1M[ SW '/4-" i8 '2 / I' S S84.M ""<,st.- ~-rtMlE orVlETI.AND \,o~ S'f..CS? SOUlH Sll5.39 .. >:.- I J b ~ <:<' [lItAINACE Nftl U'IlUTYI:"'SOII"NT aVO! AU or OOTlOT C ) ( (1 ~ : =\ ~ " "', ''-, '"""" s ~ J~ bOli !.. WETLAND tlNIIPltOlEC1'[t)WE1l.AHrII'O-,n i:; II I PIKE LAKE tM'ltw~~N..1 Il:I: n-no:/7?r "21) U'~ ? 17 .- [ASTLNE: OI'M tll[ST 4tlO.M FttT..-- 1312..... NOO"12'41"E llnfCH"'AIIIl:_... ....... w w Z Z l- I- W ~ W W w I!: n: I- Ul (f) ;!: 2' 0 0 .... v .::::. N N .... V ci ci z z 0 0 <! <( 0 0 10 n: lr }J ~ r; >- ~ I- Z Z Z ::l ::J 0 0 u u s ~ ~ bl !~ 7:b "50 ,\ PIKE LAKE TRAIL NE .:t:: ~~ ~,~ la ~I 1------ 1 I I 1 1 I I I 1 If=: Ig I <q----nT-----' I: \,: ,': I ! ~~' ! ~<..' 'I I' , , f------+-----1 1: \' ~ \~: I I '~'GkLF ,,<..' I 1 ' -, , I ~~_ 911: ___J I SECnON l~~ ~~ RGE. 22 I(/) I::J II I I I 1 I I 1 1 I 1 I 1 I I I I I I I __ k-- ~I.~E!mgi~ng m X :J: - OJ - --I >- [il;.1 ~@ ~ 0 ill L~ Ir-~ \i Ii " I I, ,I rr I S E P 7 Z007 I iI Ii 1~0 ul ~y -... :z: L.W i CRAf'RIC SCALE Df n:!'I' ?; 0 ~Vi~~.J::'..,1tON <( lJttNS[1fO, '1MB. f- z. IlDtO'lESFOI.ICl.ON 1I(lNUU[H1'. ::> II[NIWCS .. IASm ON 1Ml un 2 ~~~~M~A - .... ... ..... '/2""'X1.1CH,"*,~ IlAlllC!!l In' l.IC:tMS[ ...... ttD&. I!tICJfIlAJltt:st<<llM[lllrJFM Sf: 1/' t1fMSW1/4 fll'1[C. n (!iCOTTCt.\UNT'founn.-lS5.ct nn (MMI ,.,.) .".. -- -- -- SHEET 2 OF 2 SHEETS EXffiBIT "B" SAMPLE IRREVOCABLE LETTER OF CREDIT No. Date: TO: City of Prior Lake 4646 Dakota Street SE Prior Lake, Minnesota 55372-1715 Dear Sir or Madam: We hereby issue, for the account of (Name of Develooer) and in your favor, our Irrevocable Letter of Credit in the amount of $ , available to you 'by your draft drawn on sight on the undersigned bank. The draft must: a) Bear the clause, "Drawn under Letter of Credit No. (Name of Bank) "; , dated , 20_, of b) Be signed by the Mayor or City Manager of the City of Prior Lake. c) Be presented for payment at (Address of Bank) , on or before 4:00 p.m. on December 31, 20_. 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 January I 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, 4646 Dakota Street SE, 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 Page 3 ] EXHIBIT "C" SAMPLE CERTIFICATE OF INSURANCE PROJECT: CERTIFICATE HOLDER: City of Prior Lake 4646 Dakota Street SE 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: $1,000,000 for one person $2,000,000 for each occurrence Property Damage: $500,000 for each occurrence -OR- Combination Single Limit Policy $1,000,000 or more COVERAGE PROVIDED: Page 32 Operations of Contractor: YES Operations of Sub-Contractor (Contingent): YES Does Personal Injury Include Claims Related to Employment? .YES. Completed OperationslProducts: YES Contractual Liability (Broad Form): YES Governmental Immunity is Waived: YES Property Damage Liability Includes: Damage Due to Blasting YES Damage Due to Collapse .YES Damage Due to Underground Facilities YES Broad Form Property Damage YES AUTOMOBILE LIABILITY: Policy No. Effective Date: Expiration Date: Insurance Company: (X) Any Auto LIMITS: [Minimum] Bodily Injury: $ I ,000,000 each person $2,000,000 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 THIRTY (30) DAYS WRITTEN NOTICE TO THE PARTIES TO WHOM THIS CERTIFICATE IS ISSUED. Dated at On BY: Authorized Insurance Representative Page 33 EXHIBIT "D" TO DEVELOPMENT CONTRACT OVERSIZING FOR PIKE LAKE MEADOWS PRY VALUE VAULT TOTAL COST DEVELOPER CONTRIBUTION THROUGH PUD TOTAL OVERSIZING $ 57,330.00 $ 34.225.00 $23,105.00 Page 34 EXHlcBIT E ENGINEER'S ESTIMATE FOR PIKE LAKE MEADOWS - UTILITY AND STREET CONSTRUCTION IN PRIOR LAKE, MINNESOTA October 3, 2006 Revised 6-21-07 Revised 9-6-07 Bid Estimate Contract Item Unit , Unit Price Quantity Amount Section A . Sanitary Sewer 8" PVC SDR 35, 0'-10' Depth LF $18.50 360 $6,660.00 8" PVC SDR 35,10'-12' Depth LF $18.50 425 $7,862.50 4" PVC SDR 26 Service Pipe LF $10.00 611 $6,110.00 8"x4" PVC Service WYE EA $113.50 19 $2,156.50 48" Sanitary Sewer Manhole (0'-10' Depth) EA $1,605.00 6 $9,630.00 48" Sanitary Sewer Manhole Extra Depth VF $90.00 4.11 $369.90 60" Sanitary Sewer Manhole (0'-10' Depth) EA $4,300.00 1 $4,300.00 Sanitary MH Infrashield EA $250.00 7 $1,750.00 Seal Wrap Joints EA $85.00 14 $1,190.00 Connect to Existing Sanitary Sewer (MET Council MH) EA $3,000.00 I $3,000.00 Televise Sanitary Sewer LF $1.00 785 $785.00 Raise MET Council MH (1.7 vertical feet) LS $850.00 1 $850.00 2" Sanitary Service Forcemain to Existing house LF $12.00 ]95 $2,340.00 Test Sanitary LS $350.00 1 $350.00 Total Sanitary Sewer Contract Amount $47,353.90 EXHIBIT E r--- Bid Estimate Contract Item Unit Unit Price Quantity Amount Section B . Watermain 6" D.l.P. Class 52 LF $22.80 78 $1,778.40 8" D.I.P. Class 52 LF $26.60 830 $22,078.00 12" D.I.P. Class 52 LF $35.65 637 $22,709.05 Fire Hydrant w/6" Gate Valve EA $3,090.35 4 $12,361.40 Relocate Fire Hydrant w/6" Gate Valve EA $750.00 1 $750.00 D.I.P. Fittings LB $2.00 3855 $7,710.00 1" Corporation Stop EA $81.80 12 $981.60 1" Curb Stop & Box EA $142.50 12 $1,710.00 1 " Copper (Type- K) Service Pipe LF $12.35 512 $6,323.20 2" Corporation Stop EA $222.50 1 $222.50 2" Curb Stop & Box EA $278.50 1 $278.50 2" Copper (Type-K) Irr. Service Pipe LF $21.50 51 $1,096.50 4" D.I.P. Class 52 Service LF $20.35 128 $2,604.80 4" Gate Valve & Box EA $796.60 5 $3,983.00 8" Gate Valve & Box EA $1,129.95 3 $3,389.85 12" Gate Valve & Box EA $1,852.55 1 $1,852.55 Connect To Existing Watermain EA $900.00 1 $900.00 Watermain Test LS $350.00 1 $350.00 PRV Valve Items 12" DJ.P. Class 52 LF $36.00 50 $1,800.00 DJ.P. Fittings LB $4.00 820 $3,280.00 12" Gate Valve & Box EA $2,250.00 1 $2,250.00 Pressure Release Valve Box, Components and Site LS $50,000.00 1 $50,000.00 Total Watermain Contract Amount $148,409.35 EXHIBIT E Bid Estimate Contract Item Unit Unit Price Quantity Amount Section C . Storm Sewer 15" RCP Class 5 IF $21.45 438 $9.395.10 18" RCP Class 5 LF $23.15 250 $5,787.50 27" RCP Class 3 LF $28.50 118 $3,363.00 15" FES wrrrash Guard EA $745.00 1 $745.00 27" FES wffrash Guard EA $1,345.00 1 $1,345.00 27" Diameter Catch Basin EA $1,250.00 1 $1,250.00 24"x36" Catch Basin EA $1,250.00 1 $1,250.00 60" Manhole (0'-10' Depth) EA $2,575.00 1 $2,575.00 48" Catchbasin Manhole (0'-10' Depth) EA $1,870.00 8 $14,960.00 RIP RAP Class III CY $60.00 18.8 $1,128.00 Catchbasin inserts EA $380.00 9 $3,420.00 Excavate/ExportlRegrade Infiltration area after Streets CY $30.00 $160.00 $4,800.00 6" Infiltration Swale Perforated Draintile LF $17.00 35 $595.00 6" Infiltration Swale Draintile Cleanout EA $125.00 I $125.00 6" Infiltration Swale Inspection Well EA $125.00 I $125.00 4" PVC Perforated Draintile LF $7.00 85 $595.00 Total Storm Sewer Contract Amount $51,458.60 EXHIBIT E Bid Estimate Contract Item Unit Unit Price Quantity Amount Section D - Streets Mobilization LS $0.01 1 $0.01 Subgrade Preparation (Includes Test Roll) SY $0.20 7168 $1,433.60 24" Granular Borrow (MnDOT 3149) SY $11.96 4490 $53,700.40 9" Class 5 100% Crushed (MnDOT 3138) SY $7.03 6585 $46,292.55 2.5" Bituminous Base (MnDOT Type 31B) SY $6.35 5799 $36,823.65 Tack Coat (MnDOT 2357) GL $2.50 289 $722.50 1.5" Bituminous Wear (MnDOT Type 41B) SY $4.40 5799 $25,515.60 Concrete Mountable Curb & Gutter LF $8.60 756 $6,501.60 Concrete B618 Curb & Gutter LF $8.65 2352 $20,344.80 Adjust Gate Valve Box EA $350.00 7 $2,450.00 Adjust Catch Basin Casting EA $50.00 6 $300.00 Adjust Manhole Casting EA $450.00 8 $3,600.00 Backfill Curb & Gutter and Grade Boulevard LS $2,500.00 1 $2,500.00 Sod 4' Behind Back of Curb SY $2.35 1380 $3,243.00 Concrete Pedestrian Ramp EA $755.00 3 $2,265.00 Sawcut Existing Bituminous LF $5.00 102 $510.00 6" Class 5 for Bituminous Path SY $8.01 541 $4,333.41 2.5" Bituminous Path Wear (MnDOT Type 41B) SY $10.20 470 $4,794.00 Driveway to Existing House SY $19.50 434 $8,463.00 Double Permanent Barricades EA $315.00 2 $630.00 Install Conduit Crossings LS $1,500.00 1 $1,500.00 Irrigation Conduit Crossing EA $250.00 1 $250.00 Concrete driveway apron SF $6.00 645 $3,870.00 Total Street Contract Amount $230,043.12 Total Sanitary Sewer Contract Amount $47,353.90 Total Watermain Contract Amount $148,409.35 Total Storm Sewer Contract Amount $51,458.60 Total Street Contract Amount $230,043.12 TOTAL CONTRACT AMOUNT $477,264.97 EXillBIT ''F' TO DEVELOPMENT CONTRACT CONDITIONS OF PLAT APPROVAL 1. A current title opinion or commitment of title insurance is 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: I" = 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 are submitted. 5. The developer provides financial security, acceptable to the City Engineer prior to release of the final plat mylars. 6. The developer must provide a trail easement across Lot 17, as shown on the final plat. This easement must be recorded with the final plat. 7. The final plat and all pertinent documents must be filed with Scott County within 90 days from the date of final plat approval. Failure to record the documents by December 17, 2007, will render the final plat null and void. Page 39