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HomeMy WebLinkAbout6.p.Glendalough 5th Addition Final Plat, Lundgren Brothers Homes 04-84-FPCITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION City Council Meetinq Date February 15, 2005 AGENDA ITEM: Glendalough 5 th Addition Final Plat, Lundgren AGENDA SECTION: Brothers Homes 04 -84 -FP Consent PREPARED BY: Jason Lindahl, A I C P T AI Assistant City Planner WO, ATTACHMENTS: Draft Resolution, Draft 01/25/05 PC Minutes, APPROVED BY: Subdivision Agreement, Site Location Map, Final Plat, Lot Change Analysis spreadsheet. RECOMMENDED ACTION: 1 Motion to adopt a resolution approving the Glendalough 5 th Addition Final Plat containing 35 traditional single family residential dwellings, subject to conditions 2 Motion to authorize the execution of a Subdivision Agreement to secure public infrastructure and private improvements including landscaping ACTION: SUMMARY Applicant Property Owner(s) Location Area in Acres Number of Lots Density Comp Guide Plan Desig Current Zoning Lundgren Brothers Homes North of Connemara Trail, East of Evermoor Parkway and West of Highway 3 (South Robert Trail) 24 Acres 35 Traditional Single Family Dwellings 145 Units /Acres Urban Residential R -1, Single Family Residential Evermoor PUD BACKGROUND The applicant, Lundgren Brothers, requests final plat approval for Evermoor Glendalough 5 Addition This final plat contains 35 single family lots Glendalough is the `Traditional Housing neighborhood" section of Evermoor As part of the PUD, this neighborhood has reduced setbacks in exchange for enhanced architecture, front porches, and recessed or side loaded garages PLANNING COMMISSION ACTION This item was reviewed by the Planning Commission during their January 22, 2005 meeting A copy of the minutes from that meeting is attached for your reference This application appeared as a consent item and was unanimously approved by the Commission Below is a history of this application along with an analysis of the Final Plat application FINAL PLAT ANALYSIS The final plat has been compared with the approved preliminary plat and generally found to be consistent However, there are two notable changes between the preliminary and final plats First, the applicant changed the shape of the two cul -de -sacs from rectangle to oval to improve maintenance and traffic movement Second, the applicant changed the size of the lots While 22 of the lots increased in size, 13 decreased in size from the preliminary plat With these changes, the lots range in size from 11,400 square feet to 16,663 square feet and meet the minimum performance standards for the R -1 District and Evermoor PUD CONCLUSION RECOMMENDATION Staff recommends approval of the Glendalough 5 th Addition final plat for 35 traditional single family lots This recommendation is based on the plans and information provided by the applicant and the findings made in this report A public hearing is not required for final plat approval, unless the final plat is significantly different from the approved preliminary plat This recommendation for approval is also subject to the conditions in the attached resolution `a CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 2005 A RESOLUTION APPROVING THE FINAL PLAT FOR GLENDALOUGH 5" ADDITION WHEREAS, the Community Development Department of the City of Rosemount received an application from Lundgren Brothers Homes requesting a Final Plat for the Glendalough 5th Addition, an attached single family residential development consisting of 35 traditional single family lots and legally described as Outlot A, EVERMOOR GLENDALOUGH 3 RD ADDITION, according to the recorded plat thereof, Dakota County, Minnesota WHEREAS, on December 28, 2004 the applicant submitted the Final Plat for the Glendalough 5 Addition, and WHEREAS, on January 25, 2005 the Planning Commission reviewed the Final Plat for Glendalough 5 Addition and found it consistent with the Preliminary Plat, and WHEREAS, the Planning Commission adopted a motion to recommend that the City Council approve the Final Plat for Glendalough 5 Addition, subject to conditions, and WHEREAS, February 15, 2005, the City Council of the City of Rosemount reviewed the Planning Commission's recommendation for the Final Plat for Glendalough 5 Addition NOW, THEREFORE, BE IT RESOLVED, the Council of the City of Rosemount hereby appro-s es the Final Plat for Glendalough 5 th Addition, subject to 1 Execution of a Subdivision Development Agreement to secure public infrastructure and private improvements including landscaping 2 Dedication of trail and access easements Copies of the easement documents shall be submitted to the City for review and approval by the City Attorney 3. The right -of -way shall have a radius to match the street curb radius at all intersections and cul -de -sacs. The drainage and utility easement between Lot 17, Block 2 and Lot 1, Block 3 shall be a minimum of 40'm width to accommodate the proposed storm sewer outlet, 5. The drainage and utility easement between Lots 3 and 4, Block 3 shall be a minimum of 20' in width to accommodate the proposed watermam Increase the rear yard drainage and utility easement on Lot 1, Block 2 to match that of Lots 2 and 3, Block 2 to preserve the drainage swale for these lots. Execution by Lundgren Brothers of the impervious surface coverage PUD Agreement prior to City Council action on this item ADOPTED this 15` day of February, 2005 by the City Council of the City of Rosemount William H Droste, Mayor ATTEST: Linda Jentmk, City Clerk Motion by Second by- Voted in favor: Voted against: Member absent: Excerpt from the Regular Planning Commission Meeting of January 25, 2005 Consent Agenda 4A. Approval of the December 28, 2004 Minutes. 4B. CASE 04 -83 -FP Connemara Crossing (Basic Builders) Final Plat. 4C. CASE 04 -84 -FP Glendalough 5 1h Addition (U.S. Homes) Final Plat. 4D. CASE 04 -88 -SP Independent School District 4196 Site Plan Review. MOTION b) Powell to approve the Consent Agenda Items 5A, 13, C and D. Second by Humphrey Ayes Zum, Humphrey and Powell Nayes None Motion tamed StiBDIVISION AGREEMENT Glendalough 5 i11 Addition AGREEMENT dated day of 2005, by and between the CITY of ROSEMOuNT, a Minnesota municipal corporation, "City"), and LtiNDGREN BROS CONSTRUCTION, (the "Developer 1. Request for Plat Approval The Developer has asked the City to approve the subdivision of land and a plat of land to be known as Glendalough 5` Addition, which land is legally described on Attachment One, attached hereto and hereby made a part hereof (hereinafter referred to as the "subject property Conditions of Plat Approval The City has approved the subdivision and the plat on the following conditions a Incorporation of recommendations of the City Engineer concerning design and installation of public infrastructure and including grading, erosion control, streets and utilities b Execution of a Subdivision or Development Agreement to secure the public and private improvements c Payment of all applicable fees including G I S Park Dedication and other fees identified in the current fee schedule Incorporation of any easements necessary to accommodate drainage, ponding, trails, conservation areas, streets and utilities 3. Phased Development The City may refuse to approve final plats of subsequent additions of the plat if the Developer has breached this Contract and the breach has not been remedied Development of subsequent phases may not proceed until Subdivision Agreements for such phases are approved by the City 4. Effect of Subdivision Approval For two (2) years from the date of this Agreement, no amendments to the City's Comprehensive Plan, except an amendment placing the plat in the current urban service area, or official controls shall apply to or affect the use, development density, lot size, lot layout or dedications of the approved plat unless required by state or federal law or agreed to in writing by the City and the Developer Thereafter, notwithstanding anything in this Agreement to the contrary, to the full extent permitted by state law the City may require compliance with any amendments to the City's Comprehensive Guide Plan, official controls, platting or dedication requirements enacted after the date of this Agreement 5. Development Plans The subject property shall be developed in accordance with the following plans, original copies of which are on file with the City Public Works Director The plans maybe prepared, subject to City approval, after entering this Agreement, but before commencement of any work on the Subject Property If the plans vary from the written terms of this Agreement, the written terms shall control The plans are Plan A Plat Plan B Soil Erosion Control Plan and Schedule Plan C Drainage and Storm Water Runoff Plan Glendalough 5" Addition 02/09/05 Plan D Plans and Specifications for Public Improvements Plan E Grading Plan and House Pad Elevations Plan F Street Lights Plan G Landscape Improvements 6. Installation by Developer The Developer shall install or cause to be installed and pay for the following A Street Lights B Setting of Lot and Block Monuments C Surveying and Staking of work required to be performed by the Developer D Gas, Electric, Telephone, and Cable Lines E Site Grading F. Landscaping Heremafter referred to as the "Developer Improvements And other items as necessary to complete the development as stipulated herein or in other agreements 7. Time of Performance The Developer shall install all required improvements enumerated in Paragraph 6 which will serve the subject property by June 30, 2006 The Developer may, however, request an extension of time from the City If an extension is granted, it shall be conditioned upon updating the security posted by the Developer to reflect cost increases and the extended completion date 8. Public Infrastructure The following improvements, known as City Project #389, shall be designed, inspected, surveyed and administered by the City and installed in the Subject Property at Developer expense by a Contractor selected by the City through the public bidding process A Sanitary Sewer B, Watermam C. Storm Sewer D. Streets E. Sidewalks /Pathways (Hereinafter referred to as "Public Infrastructure Improvements') The attached figure shows the area within which the Public Infrastructure Improvements will be constructed pursuant to this Paragraph Contracts shall provide for construction in accordance with plans and specifications prepared by the City or its consultants The City will not enter into such contracts until all conditions of plat and subdivision approval have been met, the plat is recorded and the City has received the bonds and security required by this agreement The City will obtain any necessary permits from the Minnesota Pollution Control Agency, Department of Health and all other agencies before proceeding with construction Glendalough 5 fh Addition 02109/05 9. Deposit for Cost of Public Infrastructure Improvements For the purpose of flnancmg the construction, installation and maintenance of the Public Infrastructure Improvements, Developer shall promptly make payments to the City of sums deemed necessary by the City to make timely payments to its contractor as follows a. Prior to the receipt by the City of bids for the Public Infrastructure Improvements, Developer will pay to the City a cash deposit in the amount of One Hundred Fifty Thousand Dollars ($150,000) to cover one or more periodic payments to the City's contractor Such deposit and later payments to the deposit as provided in this paragraph will be held by the City and used to pay the City's contractor for Public Infrastructure Improvements and no other purpose b From time to time as the City's construction of the Public Infrastructure Improvements proceeds and the amount held in the Developer's deposit is diminished by payments to the City's contractor, the City will give written notice specifying an amount due from the Developer to replenish the deposit, as determined by the City to be necessary to cover one or more periodic payments to the City's contractor Payments shall be due no later than five (5) working days after receipt of notice by the Developer C. No interest will be paid or credited to Developer on funds held by the City in the deposit Following final payment for Public Infrastructure Improvements the City will return any unused funds in the deposit to Developer d Upon execution of this Agreement, Developer will provide a letter of credit in form satisfactory to the City in the amount of Seven Hundred Thirty Thousand Dollars ($730,000) (which is 110% of the estimated construction costs ($800,000) less the initial deposit), conditioned on the prompt and faithful performance by Developer of its obligations under this paragraph 9 This letter of credit maybe combined with any other letter of credit given to secure performance under this Agreement provided the form thereof is approved by the City In the event City does not recover its costs for completing the Public Infrastructure Improvements under the provisions of this paragraph, as an additional remedy, City may, at its option, assess the Subject Property in the manner provided by Minnesota Statutes, Chapter 429, and Developer hereby consents to the levy of such special assessments without notice or hearing and waives its rights to appeal such assessments pursuant to Minnesota Statutes, Section 429 081, provided the amount levied, together with the funds deposited with the City under this paragraph, does not exceed the expenses actually incurred by the City in the completion of the Public Infrastructure Improvements Glendalough 5th 02/09/05 10. Securitv for Developer Improvements To guarantee compliance with the terms of this Agreement, payment of the costs of all Developer Improvements and construction of all Developer Improvements (as noted in Paragraph 6), the Developer shall furnish the City with a cash escrow or two (2) individual irrevocable letters of credit from a bank "security for a) $82,500 Landscaping b) $91,850 All Other Improvements which is 110% of the estimated cost of the Developer Improvements The amount of the security was calculated as follows Refer to Exhibit A and B for an explanation of each item Glendalough 5th 02/09/05 Cost 110% Landscaping $75,000 $82,500 Grading Erosion Control $25,000 $27,500 Pond Restoration and Erosion Control Removal $25,000 $27,500 Survey Monumentation $17,500 $19,250 Retaining Walls Street Lighting (4 lights) $16,000 $17,600 Buffer Monumentation Park Equipment /Improvements Wetland Restoration/Mitigation Wetland Monitoring Total $83,500 $91,850 Refer to Exhibit A and B for an explanation of each item Glendalough 5th 02/09/05 Cost 110% Landscaping $75,000 $82,500 Total Refer to Exhibit A and B for an explanation of each item Glendalough 5th 02/09/05 The bank and form of the letter of credit or other security shall be subject to the approval of the City Administrator The letter of credit shall be automatically renewable until the City releases the developer from responsibility The letter of credit shall secure compliance with the terms of this Agreement and all obligations of the Developer under it The City may draw down on the letter of credit without notice if the obligations of the Developer have not been completed as required by this Agreement In the event of a default under this Subdivision Agreement by the Developer, the City shall furnish the Developer with written notice by certified mail of Developers default(s) under the terms of this Subdivision Agreement If the Developer does not remove said default(s) within two (2) w eeks of receiving notice, the City may draw on the letter of credit With City approval the letter of credit may be reduced from time to time as financial obligations are paid and developer installed miprovements completed to the City's requirements 11. Grading Plan /Site Grading Site grading shall be completed by Contractor Property Developers Company (CPDC) at its cost and approved by the City Public Works Director The completion of grading activities will need to be coordinated by the City in conjunction with the installation of utilities CPDC shall furnish the City Public Works Director satisfactory proof of payment for the site grading work and shall submit a certifi cate of survey of the development to the City as the site grading is completed by phase, with street and lot grades If the installation of utilities is occurring simultaneously with the grading, the utility contractor shall have preference over the grading activities No substantial grading activities can be completed over installed utilities unless otherwise protected All improvements to the lots and the final grading shall comply with the grading plan as submitted and shall be the responsibility of the Developer 12. License The Developer hereby grants the City, its agents, employees, officers and contractors a license to enter the Subject Property to perform all work and inspections deemed appropriate by the City during the installation of Public Infrastructure Improvements 13. Erosion Control Prior to site grading, and before any utility construction is commenced orbuildmg permits are issued, the erosion control plan, Plan B, was implemented, inspected and approved by the City All areas disturbed by the excavation and backfilhng operations shall be reseeded within 72 hours after the completion of the work in that area Except as otherwise provided in the erosion control plan, seed shall be rye grass or other fast growing seed suitable to the existing soil to provide a temporary ground cover as rapidly as possible All seeded areas shall be mulched and disc anchored as necessary for seed retention All basement and/or foundation excavation spoil piles shall be kept completely off Citynght -of -way and shall be completely surrounded with an approved erosion control silt fence Approved erosion control fencing shall be installed around the penmeter of each lot or at City approved locations at the time of building permit issuance and remain in place until the lot is seeded or sodded A 20 -foot opening will be allowed on each lot for construction deliveries The parties recognize that time is of the essence in controlling erosion If development 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 This right also applies to the required erosion control for basement and/or foundation excavation spoil piles 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 or City's rights or obligations hereunder If the Developer does not 5 Glendalough 5th 02/09/05 reimburse the City for any cost the City incurred for such work within thirty (30) days, the City may draw down the letter of credit to pay any costs No development will be allowed and no building permits will be issued unless the Subject Property is in full compliance with the erosion control requirements 14. Planting and Seeding Landscaping shall be in accordance with Landscape Plans approved by the City Planner, including additional landscaping per Exhibit C 15. Clean up The Developer shall clean streets of dirt and debris that has resulted from construction work by the Developer, its agents or assigns The City will inspect the site on a weekly basis and determine whether it is necessary to take additional measures to clean dirt and debris from the streets After 48 hours verbal notice to the Developer, the City will complete or contract to complete the cleanup at the Developer's expense in accordance with the procedures specified in Paragraph 13 The Developer shall inspect and if necessary clean all catch basins, sumps, and pondmg areas of erosion/siltation and restore to the original condition at the end of home construction within this development All silt fence and other erosion control should be removed following the establishment of turf These items are to be secured through the letter of credit as is noted in Exhibit A 16. Ownership of Improvements Upon completion and City acceptance of the work and construction required by this Agreement, the public improvements lying within public nghts -of- way and easements shall become City property without further notice or action unless the improvements are slated as private infrastructure 17. Warranty The Developer warrants all work required to be performed by it against poor material and faulty workmanship for a penod of two (2) years after its completion and acceptance by the City All trees, grass and sod shall be warranted to be alive, of good quality and disease free for twelve (12) months after planting, 18. Responsibility for Costs A Except as otherwise specified herein, the Developer shall pay all costs incurred by it or the City in conjunction with the development of the Subject Property including, but not limited to, Soil and Water Conservation District charges, legal, planning, engineering and inspection expenses incurred in connection with approval and acceptance of the subdivision and the plat, the preparation of this Agreement and any amendments hereto, and all costs and expenses incurred by the City in monitoring and inspecting development of the Subject Property B The Developer shall hold the City and its officers and employees harmless from claims made by itself and third parties for damages sustained or costs incurred resulting from plat or subdivision approval and development of the Subject Property The Developer shall indemnify the City and its officers and employees for all costs, damages or expenses which the City may pay or incur in consequence of such claims, including attorney's fees C The Developer shall reimburse the City for costs incurred in the preparation and enforcement of this Agreement, including engineering and attorney's fees The estimated City fees of Glendalough 5th 02/09/05 $180,518 less the initial cash deposit of $15,000 for a total of $165,518 shall be deposited with the City at the time this Agreement is signed, and represent the following estimates $121,000 Engineering Fees (less initial $15,000 cash deposit) 2,500 Attorney Fees S 40,000 5 %City Fees 480 Street Light Energy Cost 1,538 Seal Coating $165,518 If the City fees exceed this estimate, the Developer shall pay the additional costs to the City within 10 days of the request D The Developer shall pay in full all bills submitted to it by the City for obligations incurred under this Agreement witlun thirty (30) days after receipt If the bills are not paid on time, the City may halt development work and construction including, but not limited to, the issuance of building permits for lots which the Developer mayor maynot have sold, until the bills are paid in full Bills not paid within thirty (30) days shall accrue interest at the rate of nine percent (9 per year E The Developer shall pay all energy costs for street lights installed within the Subject Property for 24- months at a cost of $5 /month/light After that, the City will assume the energy costs F The Developer will pay the cost of sealcoatmg the streets within the development at a cost of $0 60 /SY The sealcoatmg will be completed within two (2) years following wear course placement 19. Developer agrees to pay fees, charges and assessments set forth in this Section prior to, or at the time of, execution of any plat by the City A. Park dedication fees in the amount of 0 (Previously Paid) B Geographic Information System (GIS) fees in the amount of $1,925 C Storm Sewer Trunk Area Charges in the amount of $128,964 Or such other amounts for such fees as in effect at the time of plat approval 20. Developer understands that builders will be required to pay for the Subject Property the fees, charges and assessments in effect at the time of issuance of building permits The rates for each of these items will be set according to the current rate structure at the time the building permit is received The fees, charges, and assessments in effect as of this agreement are A. Metropolitan Council Environmental Services Availability Charges per SAC unit (current rate is $1,450) 7 Glendalough 5th 02/09/05 B Storm Sewer Connection Charges per single family unit and per multiple family unit (currently at $670) C Sanitary Sewer Availability Charges per SAC unit (currently at $1,160 /SAC unit) D Water Availability Charges per SAC unit (currently at $1,410 /SAC unit for single family residential and multi- family residential) E Sanitary Sewer Trunk Area Charges (currently at $348 34 /unit) F Watermam Trunk Area Charges (currently at $1,403.34/umt). 21. Building Permits No occupancy permits shall be issued until A The site grading is completed and approved by the City. B All public utilities are tested, approved by the City Engineer, and in service C. All curbing is installed and backfilled D. The first lift of bituminous is in place and approved by the City D. All building permit fees are paid in full F No early building permits will be issued The Developer, in executing this Agreement, assumes all liability and costs for damage or delays, incurred by the City, in the construction of public improvements, caused by the Developer, its employees, contractors, subcontractors, matenalmen or agents No occupancy permits shall be issued until the public streets and utilities referred to in paragraph 6 and 8 are in and approved by the City, unless otherwise authorized in writing by the City Public Works Director 22. 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 is first given notice of the work in default, not less than 48 hours in advance This Agreement 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, levy the cost in whole or in part as a special assessment against the Subject Property Developer waives its rights to notice of hearing and hearing on such assessments and its right to appeal such assessments pursuant to Minnesota Statutes, Section 429 081 23. Miscellaneous A. The Developer represents to the City that the development of the Subject Property, the subdivision and the plat comply with all city, county, metropolitan, state and federal laws and regulations including, but not limited to subdivision ordinances, zoning ordinances and Glendalough 5th 02(09/05 environmental regulations If the City determmes that the subdivision or the plat or the development of the Subject Property does not comply, the City may, at its option, refuse to allow construction or development work on the Subject Property until the Developer does comply Upon the City's demand, the Developer shall cease work until there is compliance B Third parties shall have no recourse against the City under this Agreement C. Breach of the terms of this Agreement by the Developer shall be grounds for denial of building permits, including lots sold to third parties D. If any portion, section, subsection, sentence, clause, paragraph orphase of this Agreement is for any reason held invalid, such decision shall not affect the validity of the remaining portion of this Agreement E If building permits are issued prior to the completion and acceptance of public improvements, the Developer assumes all liability and costs resulting in delays in completion of public improvements and damage to public improvements caused by the City, Developer, its contractors, subcontractors, matenalmen, employees, agents or third parties F The action or inaction of the City shall not constitute a waiver or amendment to the provisions of this Agreement To be binding, amendments or waivers shall be in writing, signed by the parties and approved by written resolution of the City Council The City's failure to promptly take legal action to enforce this Agreement shall not be a waiver or release G This Agreement shall run with the land and maybe recorded against the title to the property The Dev eloper shall take such steps, including execution of amendments to this Agreement, as are necessary to effect the recording hereof After the Developer has completed the work required of it under this Contract, at the Developer's request, the City will execute and deliver to the Developer a release H Each right, power or remedy herein conferred upon the City is cumulative and m addition to every other right, power or remedy, express or implied, now or hereafter arising, available to the 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 exciting 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 wary er of the right to exercise at any time thereafter any other right, power or remedy The Developer may not assign this Agreement without the written permission of the City Council Glendalough 5th 02/09/05 24. 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 registered mail at the following address. Lundgren Bros Construction, Inc. 935 E Wayzata Boulevard Wayzata, MN 55391 Notices to the City shall be in writing and shall be either hand delivered to the City Administrator, or mailed to the City by registered mail in care of the City Administrator at the following address City Administrator, Rosemount City Hall, 2875 145 Street West, Rosemount, Minnesota 55068 10 Glendalough 5th 02/09/05 IN WITNESS WHEREOF, the parties have hereunto set their hands the day and year first above written CITY OF ROSEMOUNT BY: BY: BY: BY: William H. Droste, Mayor Linda Jentink, City Clerk Its Its STATE OF MINNESOTA SS COUNTY OF DAKOTA The foregoing Instrument was acknowledged before me this day of 2005, by William H Droste, Mayor, and Linda Jentink, City Clerk, of the City of Rosemount, 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 DAKOTA The foregoing instrument was acknowledged before me this day of 2005 by and a on behalf of the said Notary Public Drafted By: City of Rosemount 2875145th Street West Rosemount, MN 55068 11 Glendalough 5th 02/09/05 EXHIBIT A The following clarifies the various portions of the letter of credit for Developer Improvements that are outlined in the Subdivision Agreement Grading Erosion Control A restoration and erosion control bond to ensure revegetation and erosion control ($3,500 /acre) Note The minimum bond amount is set at $25,000 Pond Restoration/Erosion Removal A security to allow for cleaning of sedimentation ponds prior to City acceptance and removing any installed erosion control measures such as silt fence and woodfiber blanket following development of 75 percent of adjoining lots (estimated Lump Sum) Survev Monumentation An amount equal to 110% of the cost to monument all lots within the development Landscanme An amount equal to 110% of the cost to complete the minimum required landscaping If additional landscaping is planned, a bond for that cost is not required Retaining Walls An amount equal to 110% of the cost to complete the retaining wall construction. Street Li hang An amount equal to 110% of the cost to complete the minimum required lighting If additional lighting is planned, a bond for that cost is not required ($4,000 per light has been used to calculate this cost) Buffer Monumentation An amount equal to 110% of the cost to manufacture and install the necessary buffer monumentation signs around all ponds and wetlands (S50 per sign has been used to calculate this cost) Park Equipment An amount equal to 110% of the cost of improvements agreed upon to be completed in the park areas Wetland Moratorm An amount equal to 110% of the cost to hire a wetland specialist to monitor the mitigation areas for 5 years to ensure their proper creation, This wetland specialist will be hired by the City Wetland Restoration/Mitigation —An amount equal to 110% of the cost to develop new wetlands should the mitigation not be effective ($20,000 per acre of mitigation) 12 Glendalough 5th 02/09/05 Page 1 of 2 Letter of Credit for Developer Improvements No Item Cost 110% Calculation 1 Cradme and Erosion Control 25 000 27,500 Mtn $25,000 (grading LOC t"eived) 2 Pond Restoration and Et orlon Control Removal 25 000 27,500 Esoindw of first ayment 3 Survey Monumentation 17 500 19,250 $500,Lot 35 Lots 4 Retaining Wall 5 Street Ltehts 16,000 17,600 $4000/Li ht' 4 Lights 6 Buffer Monumentation 7 Park Equi ment'Improvements 8 Wetland Restoration /Mitigation S 9 Weiland Momtonn S Totall S 83,500 1 91,850 Letter of Credit for Public Infrastructure No Item Cost 110% 1 Calculation 1 Estimated Construction Cost 800,000 880,000 jPer Feasibility Report 2 Less Initial Cash Deposit 3 (150 000) Esoindw of first ayment Estimated Construction Cost 5% Totall Street Light Energy Cost 1 82,500 4 Lights 24 Months $5/month 5 rotal 1 538 730 000 Letter of Credit for Landscaping No I Item Cost Ito% I Calculation 1 Estimated Landscaping Cost 75,000 82,500 lPer Rick Pearson 2,500 Estimate 3 5% City Fees 40 000 Estimated Construction Cost 5% Totall Street Light Energy Cost 1 82,500 4 Lights 24 Months $5/month City Fees No Item Cost I Calculation 1 Engineering Fees 121,000 EStlmd[Ld COMtFUO'n CoSI 17% less initial deposits of$15,000 2 Attorney Fees 2,500 Estimate 3 5% City Fees 40 000 Estimated Construction Cost 5% 4 Street Light Energy Cost 480 4 Lights 24 Months $5/month 5 Seal Coating 1 538 Street Area (2,564 SY) SO 60rSY Total 165518 Development Fees No Item Cost Calculation I Park Dedication Previous]% paid by CPDC at time of prelim Plat 2 CIS Fees 1,925 $551ot or Unit (35 Units) 3 Storm Sewer Trunk Charge 128 964 $6,015 total acreage minus pondmg to HINT. 5 Sanitary Sewer I runk Al ea Charge 348 33 Per Esermoor PUD Aerecm�nt per unit at time of building ponnrt 6 Watermam Trunk Area Charge 1,403 33 Per Evermoor PUD A_ereement per unit at time of budding permit Total 130 889 EXHIBIT B Page 2 of 2 No Lots Block Total Lots Lot Block SQ FL Acres 1 2 2 17 3 13 4 3 Total Total Plat Area= 24.01 acres Gross Dev Area= 21.44 acres Pondinn to HWL= 257 acres Park Dedication= 000 acres Dedicated ROW= 287 acres 1 1 1148560 026 2 1 11786 40 027 1 2 13502 70 031 2 2 11654 10 027 3 2 1267320 029 4 2 12831 70 029 5 2 11535 50 0 26 6 2 11783 80 027 7 2 12988 80 030 8 2 1292500 029 9 2 1140000 026 10 2 1622790 037 11 2 16313 70 03 7 12 2 16663 40 038 13 2 1296410 030 14 2 1200000 028 15 2 1500420 034 16 2 1147500 026 17 2 1155840 027 1 3 13061 20 0 30 2 3 15123 90 03S 3 3 1304400 030 4 3 1157260 02 5 3 15757 50 036 6 3 1193670 027 7 3 1202870 028 8 3 1249330 029 9 3 13003 70 030 10 3 13279 30 0 30 11 3 1140000 026 12 3 1237790 028 13 3 13266 70 030 I 4 14309 80 033 2 4 13211 80 030 3 4 1216040 028 Outlot A 422343 20 970 Outlot B 4371700 1 00 Right of Way t75133 70 1 2 87 M mkA yaps�8 YOOVSZa�� n ti t /,ate Up����5 j gooM o P X snxol v i TIaN r O w L (1. U a EVERM00R GLENDAL OUCH TH ADD fTfON I NSET A PRELIMINARY .'.,nom +„c•'•i�y ._+ice a. „�n.' ..,x• j`+'s ,r' '?r- s "r` .1 b ,YJ„�j��- �,y`�,i -nTx v tl �5� X4 5 d.•� nS� }'Ir q e 1 u'i�l x r �1`'. 'V_ l� i x p`, Y p 6 eI" �I t' i� w ✓cam x l i r i r 1p WFS) Ix. ndq nrq y u 4ae F MW� ¢UNU Cwi, aw .wmw a .,s n u•uv c I EVERMOOR GLENDALOUGH dTH ADDITION I PRELIMINARY Cpy M ao•xv' m aJ H, a r ,r+ ^u tl PP M'r✓ai� r Sfifi �C f/ M Jg•• I �1 ij l N •`u %w 4.� i. I I t N Ix'I•'L A C pr J 4.4r CVhOI! o° I D W 3:.a .3, r ^F I s a r ?d v�= .Ey,c..p acew,^w r i a a finJ 5 �a'� fi M1 1 i p ,�nr M �.www�y u�sw w LNL. .n� n p NW91�MM pR10> A *n m. I �✓KH. u mv....n L N.vxIXY Ppo�(Oiw WESTWOOD Glenualough 5th Addition Site ap 0 emara Trail Conn I NI I I I` Copynght 2005, Dakota County Map Date January 19, 2005 R G1.ENaA`©JJGN e EVERT O ,NEr,"�., PPE��M�NA� e 2 Wk P re j� ��0y�f yi Oti• L p�. 1 v YI q `i i f r��3 si rr i J ��C� e r r v 3 1 1 t 11.f any ms uMr.w^•,is a- 0 I 0 Block Lot, Preliminary Plat Lot Size (S q. Ft.)' „Final Plat Lot Size (Sq Ft. Difference (Sq Ft. 1 1 12,090 11,485 60 -6044 1 2 12,090 11,78640 -3036 2 1 13,515 13,502 70 -123 2 2 11,582 11,65410 721 2 3 13,154 12,673 20 -4808 2 4 13,195 12,831 70 -3633 2 5 12,056 11,535 50 -5205 2 6 12,587 11,783 80 -8032 2 7 11,050 12,988 80 1,9388 2 8 11,050 12,825 00 1,7750 2 9 11,383 11,40000 170 2 10 15,665 16,227 90 5629 2 11 11,922 16,31370 4,3917 2 12 15,377 16,663 40 1,2864 2 13 13,388 12,964 10 -4239 2 14 13,000 12,000 00 -1,000 0 2 15 11,616 15,004 20 3,3882 2 16 11,050 11,47500 4250 2 17 11,066 11,558 40 4924 3 1 11,352 13,061 20 1,7092 3 2 14,504 15,123 90 6199 3 3 11,818 13,04400 1,2260 3 4 11,109 11,57260 4636 3 5 13,640 15,757 50 2,1175 3 6 11,900 11,93670 367 3 7 13,205 12,028 70 -1,176 3 3 8 11,263 12,493 30 1,2303 3 9 11,792 13,00370 1,2117 3 10 14,282 13,279 30 -1,0027 3 11 11,185 11,40000 2150 3 12 12,966 12,377.90 -5881 3 13 14,098 13,266 70 -8313 4 1 13,395 14,309 80 9148 4 2 11,922 13,211 80 1 4 3 10,429 12,16040 1,7314 Net Chan a 435,696 i= 454,701,' 11 u1; 19,005.0