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Item 3.9 - Pleasant Creek Farms 7thOtSeoF o MINNESOTA DEPARTMENT INFORMATION Request for City Council Action ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Planning City Planner Licht 10 May 2021 PRESENTER(s) REVIEWED BY: ITEM #: Consent City Administrator/Finance Director Flaherty 3.9 — Pleasant Creek Farms 7th City Engineer Wagner City Attorney Kendall STRATEGIC VISION MEETS: THE CITY OF OTSEGO: Addition Is a strong organization that is committed to leading the community through innovative communication. IS A PUBLIC HEARING REQUIRED? Has proactively expanded infrastructure to responsibly provide core services. No Is committed to delivery of quality emergency service responsive to community needs and expectations in a cost-effective manner. X Is a social community with diverse housing, service options, and employment opportunities. 23 February 2005 for development of 209 townhouse units of which 131 were constructed and 78 not Is a distinctive, connected community known for its beauty and natural surroundings. AGENDA ITEM DETAILS RECOMMENDATION: City staff recommends approval of a final plat and development contract for Pleasant Creek Farms 7th Addition ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? Yes No BACKGROUND/JUSTIFICATION: A preliminary plat and PUD -CUP was approved on 25 November 2019 to subdivide 19.2 acres located north of 77th Street and east of CSAH 19 into 47 single family lots. The subject site was previously final platted on 23 February 2005 for development of 209 townhouse units of which 131 were constructed and 78 not constructed. Tamarack Land — Pleasant Creek, LLC has submitted application to final plat 30 single family lots as the 7th and final addition to Pleasant Creek Farms. Comprehensive Plan. The Comprehensive Plan guides the subject site for medium to high density residential land uses. The proposed single family lots provide a transition between existing single family homes to the east and existing/future townhomes to the north and west of the subject site. Single family dwellings are an acceptable land use within this land use category. Zoning. The subject site is zoned, R-6 Medium Density Residential District, which allows single family dwellings as a permitted use. Preliminary Plat Consistency. The design of the final plat is consistent with the preliminary plat as approved by the City Council on 25 November 2019. Streets. The final plat includes construction of the remaining section of Lachman Avenue, 78th Street, and Lambert Avenue north of 77th Street. These are public streets within a 60 foot right-of-way and with a 28 foot wide section with curb and a five foot wide concrete sidewalk on one side, as required by the Subdivision Ordinance and Engineering Manual. A sign will be installed identifying possible future extension of 78th Street to the west. All street construction plans are subject to review and approval of the City Engineer. Lot Requirements. Under the PUD -CUP approved with the preliminary plat, single family lots within Pleasant Creek Farms 7th Addition are to be subject to the minimum requirements shown in the table below. All of the proposed lots illustrated on the final plat comply with these requirements. Landscaping. The preliminary plat/PUD-CUP approval for Pleasant Creek Farms 7th Addition included a landscape plan to provide for boulevard landscaping along the public streets, as well as buffer yard plantings for the properties to the north and west as required by Section 11-19-2.13 of the Zoning Ordinance. The development contract includes a security for the installation and warranty for these plantings for the first phase of development. Park and Trail Dedication. The Parks System Master Plan does not designate any area within the preliminary plat for additional park land acquisition. Park and trail dedication requirements for the final plat established by Section 10-8-15 of the Subdivision Ordinance will be satisfied by payment of a cash fee in lieu of land. Park and trail dedication fees were paid for 78 townhouse dwellings as part of the final plat of Pleasant Creek Farms 4th Addition being replatted with the current application. The amount of the park and trail dedication fees paid for the townhouse dwelling units satisfies the requirements for the proposed single family lots. Utilities. The developer has submitted utility plans for the proposed final plat. All utility plans are subject to review and approval by the City Engineer. Availability charges for sewer and water utilities were paid for the 78 townhouse dwelling units within Pleasant Creek Farms 4th Addition being replatted with the current application. The amount of the sewer and water availability charges with Pleasant Creek Farms 4tn Addition satisfies the requirements for the proposed final plat. A sewer and water connection charge will be paid at the time a building permit is issued for each lot in accordance with the current fee schedule in effect. Grading and Drainage Plans. The developer has submitted grading and drainage plans for the proposed final plat. Outlots A and B are to be deeded to the City for stormwater management purposes. All grading and drainage plans are subject to review and approval by the City Engineer. The developer is required to pay a Stormwater Impact Charge for Otsego Creek at the time of final plat approval for the portion of the subject site not included with in the final plat of Pleasant Creek Farms 4th Addition. Easements. The final plat illustrates drainage and utility easements at the perimeter of each single family lot as required by Section 10-8-12.A of the Subdivision Ordinance. All proposed drainage and utility easements on the final plat are subject to approval of the City Engineer. Lot Area Lot Width Lot Depth Setbacks Front Side Rear Wetland Interior 9,OOOsf. (net) 60ft. 100ft. 30ft. 7ft. 20ft. 40ft. Corner 90ft. 25ft. Landscaping. The preliminary plat/PUD-CUP approval for Pleasant Creek Farms 7th Addition included a landscape plan to provide for boulevard landscaping along the public streets, as well as buffer yard plantings for the properties to the north and west as required by Section 11-19-2.13 of the Zoning Ordinance. The development contract includes a security for the installation and warranty for these plantings for the first phase of development. Park and Trail Dedication. The Parks System Master Plan does not designate any area within the preliminary plat for additional park land acquisition. Park and trail dedication requirements for the final plat established by Section 10-8-15 of the Subdivision Ordinance will be satisfied by payment of a cash fee in lieu of land. Park and trail dedication fees were paid for 78 townhouse dwellings as part of the final plat of Pleasant Creek Farms 4th Addition being replatted with the current application. The amount of the park and trail dedication fees paid for the townhouse dwelling units satisfies the requirements for the proposed single family lots. Utilities. The developer has submitted utility plans for the proposed final plat. All utility plans are subject to review and approval by the City Engineer. Availability charges for sewer and water utilities were paid for the 78 townhouse dwelling units within Pleasant Creek Farms 4th Addition being replatted with the current application. The amount of the sewer and water availability charges with Pleasant Creek Farms 4tn Addition satisfies the requirements for the proposed final plat. A sewer and water connection charge will be paid at the time a building permit is issued for each lot in accordance with the current fee schedule in effect. Grading and Drainage Plans. The developer has submitted grading and drainage plans for the proposed final plat. Outlots A and B are to be deeded to the City for stormwater management purposes. All grading and drainage plans are subject to review and approval by the City Engineer. The developer is required to pay a Stormwater Impact Charge for Otsego Creek at the time of final plat approval for the portion of the subject site not included with in the final plat of Pleasant Creek Farms 4th Addition. Easements. The final plat illustrates drainage and utility easements at the perimeter of each single family lot as required by Section 10-8-12.A of the Subdivision Ordinance. All proposed drainage and utility easements on the final plat are subject to approval of the City Engineer. Street Lighting. Section 8-8-4 of the City Code specifies installation of street lighting for new subdivisions. Type I lighting will be required to be installed by the developer at the corners of intersecting local streets and at the cul-de-sac terminus. The development contract will provide for payment of the street light operation fee of as established by the City Code. Development Contract. A development contract has been drafted by the City Attorney to provide for construction of the project, completion of all public improvements, establishment of required securities, and payment of applicable fees. The development contract is to be approved by resolution of the City Council concurrent with the final plat approval and executed prior to recording of the final plat. SUPPORTING DOCUMENTS ATTACHED: ■ Site Location Map ■ Final Plat (2 sheets) ■ Engineering Review dated May 4, 2021 ■ Findings of Fact and Decision ■ Resolution 2021-36 approving a Development Contract ■ Development Contract PCIGRIRI F MC)TION PLEASE WORD MOTION AS YOU WOULD LIKE ITTO APPEAR IN THE MINUTES: Motion to approve the Pleasant Creek Farms 7th Addition Final Plat subject to the conditions in the Findings of Fact and Decision as presented and adopt Resolution 2021-36 approving a Development Contract. RIIII(.FT INF()RMATI()N FUNDING' BUDGETED: N/A N/A Site Location Map City[Townshlp Limits ❑ c ❑t OParcels PLEASANT CREEK FARMS 7TH ADDITION KNOW ALL PERSONS BY THESE PRESENTS: That Tamarack Land — Pleasant Creek, I.I.C. a Minnesota limited liability company, fee owner of the following described property situated in the County of Wright, State of Minnesota to it: Outlet A. PLEASANT CREEK FARMS 6TH ADDITION, Wright County, Minnesota. Has caused the some to be surveyed and platted as PLEASANT CREEK FARMS 7TH ADDITION and does hereby donate and dedicate to the public for public use the public ways and the drainage and utility easements as created by this plat. In witness whereof said Tamarack Land — Pleasant Creek, LLC, a Minnesota limited liability company, has caused these presents to be signed by its proper officer this day of 20_ Signed: Tamarack Land — Pleasant Creek, LLC President Dale Willenbring STATE OF MINNESOTA COUNTY OF This instrument was acknowledged before me this day of , 20. by Dale Willenbring, President, Tamarack Land — Pleasant Creek. LLC, LLC, a Minnesota limited liability company, on behalf of the company (Printed name) Notary Public, County, Minnesota My Commission Expires I. Chris Amboum, do hereby certify that this plat was prepared by me or under my direct supervision; that I am a duly Licensed Land Surveyor in the State of Minnesota; that this plat is a correct representation of the boundary survey; that all mathematical data and labels are correctly designated on this plat; that all monuments depicted on this plat have been, or will be correctly set within one year, that all water boundaries and wet lands as defined in Minnesota Statutes, Seation 505.01, Subd. 3. as of the date of this certificate arc shown and labeled on this plat; and all public ways are shown and labeled on this plat. - Dated this day of . 20 Chris Ambourn, Licensed Land Surveyor Minnesota License No. 43055 STATE OF MINNESOTA COUNTY OF The foregoing Surveyor's Certificate was acknowledged before me this day of , 20_, by Chris Amboum, Land Surveyor, Minnesota License No. 43055. (Printed name) Notary Public, County, Minnesota My Commission Expires CITY COUNCIL, CITY OF OTSEGO, MINNESOTA This plat of PLEASANT CREEK FARMS 7TH ADDITION was approved and accepted by the City Council of the City of Otsego, Minnesota, at a regular meeting thereof held on this day of , 2D and said plat is in compliance with the provisions of Minnesota Statutes, Section 505.03, Subd. 2. Mayor Clerk WRIGHT COUNTY SURVEYOR I hereby certify that in accordance with Minnesota Statutes 505.021, Subd. 11, this plat has been reviewed and approved this day of , 20— Wright 0 . Wright County Surveyor WRIGHT COUNTY AUDITOR/TREASURER Pursuant to Minnesota Statutes, Section 505.021, Subd. 9, taxes payable for the year 20 on the land hereinbefore described have been paid. Also, pursuant to Minnesota Statutes, Section 272.12, there are no delinquent taxes and transfer entered this day of . 20 Wright County Auditor/Treasurer Deputy WRIGHT COUNTY RECORDER I hereby certify that this instrument was filed in the office of the County Recorder for record on this day of 20, at o'clock _.M. and was duly recorded in Cabinet No. , Sleeve as Document No. Wright County Recorder V^VWENCK a ® Stantec PLEASANT CREEK FARMS 7TH ADDITION 4 +ie +4D X •w a , wcx - ao lacr BEIRING ORIEVD,K NOTE ME FAST LFNE OF OU20r A PIFASMIr GREEK FARMS ESM ADDITION IS ASSUMED TO 9EAR N -m8 W. LEGEND •DENOTES IRON MONUMENT FOUND O OENOTfS 1/2 WON X 14 INCH IRON MONUMENT SET WIM FTASM CAP A KEV RLS N0. AD033 ORA QE AND URUrr EASVIEMs ARE SHOWN MUS 1 1 E I ;:4' �w I I -----J II L--I---- Nor rosats BUNG S FEET IN WIDTH AND ADIOINING LOT UNU AND BUNG 10 FEET IN WIDM AND ADIDINING PUSUG WAIS AND HEAR = ONES. 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I IIL I a I „ I _: jti xarona•e ,a,.00 — — — I A ^rWENCK �a ®Stantec Review No. 1 IIIHe kanson Anderson ENGINEERING REVIEW Residential Subdivision for the City of Otsego by Hakanson Anderson Submitted to: Honorable Mayor and City Council cc: Adam Flaherty, City Administrator/Finance Director Audra Etzel, City Clerk Dan Licht, City Planner Dave Kendall, City Attorney Dale Willenbring, Tamarack Land Development, LLC Marty Campion, P.E. Campion Engineering Services, Inc. Reviewed by: Ronald J. Wagner, P.E. Brent M. Larson, P.E. Date: May 4, 2021 Proposed Development: Pleasant Creek Farms 7' Addition Street Location A portion of the NW '/a of S25, T121, R24, north of 77th Street, of Property: east of LaBeaux Avenue NE. Applicant: Dale Willenbring Developer: Tamarack Land Development, LLC 1536 Beachcomber Blvd Waconia, MN 55387 Owners of Record: Tamarack Land Development, LLC Purpose: Pleasant Creek Farms 7th Addition is a proposed 9.24± acre, 30 lot single-family residential development in the City of Otsego, Wright County, Minnesota. This is a replat of a portion of the Pleasant Creek Farms 4th/5th Addition. The proposed development will be served with municipal water, sanitary sewer, storm sewer, and public streets typical of an urban setting. Jurisdictional Agencies: City of Otsego, Wright County, Minnesota Department of (but not limited to) Health, Minnesota Department of Natural Resources, Minnesota Pollution Control Agency, Wright Soil and Water Conservation District. Permits Required: NPDES, Minnesota Department of Health (water), and (but not limited to) Minnesota Pollution Control Agency (sanitary sewer) TABLE OF CONTENTS INFORMATION AVAILABLE FINAL PLAT GRADING PLANS COVER EXISTING CONDITIONS AND REMOVALS GRADING PLAN SWPPP PLAN DETAILS CONSTRUCTION PLANS COVER EXISTING CONDITIONS AND REMOVALS OVERALL UTILITY PLAN SANITARY AND WATERMAIN CONSTRUCTION PLAN STREET AND STORM SEWER CONSTRUCTION PLAN SWPPP DETAILS HYDROLOGY & STORM SEWER DESIGN WETLANDS OTHER CONSIDERATIONS SUMMARY AND/OR RECOMMENDATIONS PAGE 2 S:\Municipal\Aotsego22xx\2299.07\A-REVIEW PHASE\ot2299.07 RVW1.docx INFORMATION AVAILABLE Final Plat for Pleasant Creek Farms 7th Addition, received 4/19/2021, by Wenck Associates Grading Plans for Pleasant Creek Farms 7th Addition, 3/10/2021, by Campion Engineering Services, Inc. Construction Plans for Pleasant Creels Farms 7th Addition, 3/30/2021, by Westwood Professional Services, Inc. and revised by Campion Engineering Services, Inc. Previous Pleasant Creek Farms Additions' Information Storm Sewer Design calculations for Pleasant Creek Farms 51h Addition, 2/14/14, by Westwood Professional Services, Inc. Stormwater Ponding calculations for Pleasant Creek Farms 5th Addition, 2/13/14, by Westwood Professional Services, Inc. Preliminary Plat Submittal, 11/11/13, by Westwood Professional Services, Inc. Final Plat of Pleasant Creek Farms 4th Addition, filed 5/4/05, by Westwood Professional Services, Inc. Preliminary Plat of Pleasant Creek Farms, 3/18/03, by McCombs Frank Roos Associates, Inc. Grading, Drainage and Erosion Control Plan for Pleasant Creek Farms, 10/30/03 revision, by McCombs Frank Roos Associates, Inc. Additional Information Minnesota Rules, Chapter 4410 — EAW Requirement City of Otsego Engineering Manual City of Otsego Zoning and Subdivision Ordinances National Wetland Inventory Map PAGE 3 S:\MunicipaMotsego22xx\2299.07\A-REVIEW PHASE\ot2299.07 RVW1.docx FINAL PLAT 1. The wetland in Outlot A, to the north of Lot 1 Block 1 requires an average 20' buffer. At a minimum 10' wetland buffer shall be maintained. This buffer shall be contained within Outlot A. This appears to impact Lot 1, Block 1 rear property line. 2. Street centerline horizontal curve information shall be provided. All curves shall meet a 30 -mph design speed. 3. A minimum 10' wide maintenance access route covered by an easement shall be provided to access the Outlot A ponds outlet control structure. Discussion with the developer's engineer will be needed to find an acceptable route. 4. Additional drainage easement appears to be needed to cover cross drainage for Lot 14 and 15, Block 1 and Lot 3, Block 3. 5. The temporary cul-de-sac at the west end of Lambert Avenue shall have a separate document for the required easement beyond the right-of-way. GRADING PLANS COVER SHEETS 6. No comments. EXISTING CONDITIONS AND REMOVALS 7. Overlapping text shall be revised. Some text, especially along 77th Street is difficult to read. 8. Existing utilities within 150' of the project shall be shown and labeled with pipe type, size, and inverts including utilities installed with Pleasant Creels Farms 6th Addition. 9. Label the designed NWL, 2 -yr, 10 -yr, and 100 -yr HWL elevations for the pond(s). GRADING SHEET 10. See final plat comments 1 and 3. 11. Easements shown in the grading plans shall match the final plat easements. 12. Lot corner elevations shall be provided, currently a number of rear corner elevations are missing. 13. Readable Block and Lot numbers that match the final plat are required. PAGE 4 S:\Municipal\Aotsego22xx\2299.07\A-REVIEW PHASE\ot2299.07 RVW1.docx 14. It shall be verified that all garage elevations are a minimum of 18" above the adjacent street as well and no driveway exceeds 10% slope. It would be helpful if proposed driveway grades were provided. 15. Provide an emergency over flow (EOF) elevation and label for the high point between Lots 2 and 3, Block and along the SW radius of the intersection of Lambert Avenue and Lachman Avenue. SWPPP PLAN 16. The designated concrete washout area shall be identified in the plans. DETAILS 17. The Standard Plate 110 for the PUD Private Street is not needed with this phase of development and should be removed. 18. The Public Street Section requires two separate details; one for the 60' right-of-way and another for the 50' right-of-way streets. CONSTRUCTION PLANS COVER SHEET 19. No comments EXISTING CONDITIONS AND REMOVALS 20. Existing utilities within 150' of the project shall be shown and labeled with pipe type, size, and inverts including utilities installed with Pleasant Creek Farms 6th Addition. 21. Label the designed NWL, 2 -yr, 10 -yr, and 100 -yr HWL elevations for the pond(s). OVERALL UTILITY PLAN 22. The drawing bar scale is mislabeled. 23. Block numbers shall be labeled. 24. Existing utilities beyond the project limits shall be shown (missing hydrants along Lachman Avenue). Verify there is a maximum 300' spacing (150' radius) from the northern most existing hydrant along Lachman Avenue to the new hydrants. 25. The flared end sections require articulated block per Standard Plate 500 but are being called out as rip -rap on the overall plan. 26. Verify drive over castings will not be necessary for structures C135, CBMH 5, and CBMH 10. The structures in these locations could potentially have driveways. PAGE 5 S:\Municipal\Aotsego22xx\2299.07\A-REVIEW PHASE\ot2299.07 RVW1.docx SANITARY AND WATERMAIN CONSTRUCTION PLAN 27. Block numbers shall be labeled. 28. The profiles shall be aligned with the plan view to the extent possible. 29. Services to Lots 3-5, Block 3 will need discussion. Potential conflict with storm sewer. 30. The connection to the existing watermain on Lambert Avenue should be done with the 8" gate valve. Moving the valve from approximate station 7+80 should work. 31. Insulation is required where this is less than 24" of separation between the storm sewer and watermain/sanitary sewer including services. (i.e. crossings on Lambert Avenue at stations: 9+40, 14+75; and on Lachman Avenue at station: 3+60 and services to Lots 3-5, Block 3) 32. The length of 8" DIP is needed for Lachman Avenue STREET AND STORM SEWER CONSTRUCTION PLAN 33. Block numbers shall be labeled. 34. The profiles shall be aligned with the plan view to the extent possible. 35. Insulation at all storm crossings with less than 24" of separation is required 36. The detail for FES -6 and FES -7 is located on Sheet 10. 37. FES -4 invert shall be lowered to the pond NWL (948.0). 38. The NWL, 2 -yr, 10 -yr, and 100 -yr HWL ponds shall be shown on all sheets. 39. The flared end sections require articulated block per Standard Plate 500 but are being called out as rip -rap on the overall plan. This is labeled riprap on plan view, correctly labeled in profile view. 40. Overlapping text shall be removed. 41. Detail E, pertaining to FES -2 and FES -3, requires an outlet/skimmer structure for the pond within Outlot B. 42. The vertical curve at station 3+00 does not meeting the minimum 30 mph design speet. The curve shall be revised to provide a minimum 90' curve or K -value of 37. 43. Drain tile will be required on the upstream side of storm pipe crossings (cross pipes protrude into the sand base) and on both sides at low points. SWPPP PLAN 44. The designated concrete washout area shall be identified in the plans. PAGE 6 S:\Municipal\Aotsego22xx\2299.07\A-REVIEW PHASE\ot2299.07 RVW1.docx DETAILS 45. Two separate details; one for the 60' right-of-way and another for the 50' right-of-way streets are required. 46. Otsego Standard Plate 309 shall be included. 47. It is unclear where the "Metal Lid for Cleanout" will be needed. No cleanouts are required. 48. Otsego Standard Plat 701 shall be removed and replaced with the MnDOT standard plates for ADA Pedestrian ramps. The provided detail below Plate 701 is unreadable and shall be revised. HYDROLOGY AND STORM SEWER DESIGN 49. Provide storm sewer design calculations. WETLANDS 50. No comments. OTHER CONSIDERATIONS 51. A separate lot tabulation is required listing each the lot and block with the house type and elevations for the garage, lowest floor and lowest opening. SUMMARY AND/OR RECOMMENDATION We recommend approval contingent upon the above comment being addressed. PAGE 7 S:\Municipal\Aotsego22xx\2299.07\A-REVIEW PHASE\ot2299.07 RVW1.d0cx 16 Apr 21 IYv Cit 0 Z'-% MINIV960TA 9 FINDINGS OF FACT AND DECISION APPLICANT: Tamarack Land — Pleasant Creek, LLC APPLICATION: Request for approval of a final plat to be known as Pleasant Creek Farms 7th Addition. CITY COUNCIL MEETING: 10 May 2021 FINDINGS: Based upon review of the application and evidence received, the City Council of the City of Otsego now makes the following findings of fact: A. The legal description of the property is Outlot A, Pleasant Creek Farms 6th Addition, City of Otsego, Wright County, Minnesota. B. The subject site is guided by the Comprehensive Plan for low medium to high density residential uses within the East Sewer District. C. The subject site is zoned R-6, Medium Density Residential District. D. The City Council approved application for preliminary plat and PUD -CUP of the property on 25 November 2019. E. The applicant has applied for a final plat of 30 single family lots. F. The Request for Council Action dated 10 May 2021 prepared by the City Planner, The Planning Company LLC, is incorporated herein. G. The Engineering Review dated May 4, 2021 prepared by the City Engineer, Hakanson Anderson Inc., is incorporated herein. H. Final plat applications are to be processed in accordance with Section 10-5-3 of the Subdivision Ordinance and do not require review by the Planning Commission. DECISION: Based on the foregoing information and applicable ordinances, the application is hereby APPROVED subject to the following conditions: 1. All rights-of-way, street design and construction plans, and street lighting shall be subject to review and approval by the City Engineer. 2. Lots within the final plat shall be subject to the requirements of the R-6 District except as may be modified below: 1 3. All utility plans and issues shall be subject to review and approval by the City Engineer. 4. Stormwater basins shall be platted within outlots to be deeded to the City in accordance with Section 10-8-12.D of the Subdivision Ordinance for stormwater management purposes. 5. All grading, drainage, and erosion control plans and issues shall be subject to review and approval of the City Engineer. 6. All easements shall be subject to review and approval of the City Engineer. 7. The developer shall be entitled to credits related to utility availability charges, park dedication fees paid in lieu of land, and Otsego Creek stormwater area charges paid with the final plat and development contract for Pleasant Creek Farms 4th Addition. The amount of the credit will be limited as being up to the amount of the charges due for the Pleasant Creek Farms 7th Addition preliminary plat. Any uncredited portion of the charges paid with the Pleasant Creek Farms 4th Addition final plat shall be retained by the City. 8. Outlots A and B shall be deeded to the City for stormwater management purposes. 9. The developer shall execute a development contract as required by Section 10-10-4.A of the Subdivision Ordinance drafted by the City Attorney and subject to approval of the City Council concurrent with final plat approval. 10. The final plat shall be recorded by 18 August 2021 as provided for Section 10-5-3.13.8 of the Subdivision Ordinance. MOTION BY: SECOND BY: ALL IN FAVOR: THOSE OPPOSED: ADOPTED by the City Council of the City of Otsego this 10th day of May, 2021. CITY OF OTSEGO Jessica L. Stockamp, Mayor Attest: Audra Etzel, City Clerk 2 Lot Area Lot Width Lot Depth Setbacks Front/ Side Corner' Side Interior Rear Wetland Interior 9,OOOsf. (net)90ft. 60ft. 100ft. 25ft./ 30ft. garage face 7ft. 20ft. 40ft. Corner 3. All utility plans and issues shall be subject to review and approval by the City Engineer. 4. Stormwater basins shall be platted within outlots to be deeded to the City in accordance with Section 10-8-12.D of the Subdivision Ordinance for stormwater management purposes. 5. All grading, drainage, and erosion control plans and issues shall be subject to review and approval of the City Engineer. 6. All easements shall be subject to review and approval of the City Engineer. 7. The developer shall be entitled to credits related to utility availability charges, park dedication fees paid in lieu of land, and Otsego Creek stormwater area charges paid with the final plat and development contract for Pleasant Creek Farms 4th Addition. The amount of the credit will be limited as being up to the amount of the charges due for the Pleasant Creek Farms 7th Addition preliminary plat. Any uncredited portion of the charges paid with the Pleasant Creek Farms 4th Addition final plat shall be retained by the City. 8. Outlots A and B shall be deeded to the City for stormwater management purposes. 9. The developer shall execute a development contract as required by Section 10-10-4.A of the Subdivision Ordinance drafted by the City Attorney and subject to approval of the City Council concurrent with final plat approval. 10. The final plat shall be recorded by 18 August 2021 as provided for Section 10-5-3.13.8 of the Subdivision Ordinance. MOTION BY: SECOND BY: ALL IN FAVOR: THOSE OPPOSED: ADOPTED by the City Council of the City of Otsego this 10th day of May, 2021. CITY OF OTSEGO Jessica L. Stockamp, Mayor Attest: Audra Etzel, City Clerk 2 CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO: 2021- 36 APPROVING A DEVELOPMENT CONTRACT FOR PLEASANT CREEK FARMS 7T" ADDITION WHEREAS, Tamarack Land — Pleasant Creek, LLC (the "developer") is proposing development of Pleasant Creek Farms 7th Addition; and WHEREAS, a final plat for the development was approved on May 10, 2021 by the City Council; and WHEREAS, Section 10-10-4.A of the Subdivision Ordinance requires the developer to enter into a development contract to provide the City construction and warranty securities for the public and private improvements and to provide the City various remedies in the event that the developer breaches the terms and conditions of said agreement; and WHEREAS, those obligations are outlined and memorialized in the attached Development Contract. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA THAT: 1. The Development Contract attached hereto between the City of Otsego and Tamarack Land — Pleasant Creek, LLC is hereby approved in form subject to modification of fees, charges, and securities as approved by City staff. 2. The Mayor and City Clerk are hereby authorized to execute the Development Contract on behalf of the City of Otsego. ADOPTED by the City Council of the City of Otsego this 10th day of May, 2021. MOTION BY: SECONDED BY: IN FAVOR: OPPOSED: 2 CITY OF OTSEGO Jessica L. Stockamp, Mayor ATTEST: Audra Etzel, City Clerk (reserved for recording information) DEVELOPMENT CONTRACT AND PLANNED UNIT DEVELOPMENT AGREEMENT PLEASANT CREEK FARMS 71H ADDITION CONTRACT dated , 2021, by and between the CITY OF OTSEGO, a Minnesota municipal corporation ("City"), and TAMARACK LAND — PLEASANT CREEK, LLC, a Minnesota limited liability company (the "Developer") 1. REQUEST FOR PLAT APPROVAL. The Developer has asked the City to approve a plat for PLEASANT CREEK FARMS 7T" ADDITION (referred to in this Contract as the "plat"). The land is situated in the County of Wright, State of Minnesota, and is legally described as: Outlot A, Pleasant Creek Farms 6th Addition, Wright County, Minnesota, according to the recorded plat thereof. 2. CONDITIONS OF PLAT APPROVAL. The City hereby approves the plat on condition that the Developer enter into this Contract, furnish the security required by it, and record the plat with the County Recorder or Registrar of Titles within 100 days after the City Council approves the final plat. 3. RIGHT TO PROCEED. Within the plat or land to be platted, the Developer may not grade or otherwise disturb the earth or remove trees, unless a grading permit has been approved by the City Engineer following approval of a preliminary plat by the City Council, construct sewer lines, water lines, streets, utilities, public or private improvements, or any buildings until all the following conditions have been Pleasant Creek Farms 7t' Addition 215113v2 satisfied: 1) this contract has been fully executed by both parties and filed with the City Clerk, 2) the necessary security has been received by the City, 3) the necessary insurance for the Developer and its construction contractors has been received by the City, and 4) the plat has been filed with the Wright County Recorder or Registrar of Titles' office. 4. PHASED DEVELOPMENT. If the plat is a phase of a multi -phased preliminary plat, the City may refuse to approve final plats of subsequent phases if the Developer has breached this Contract and the breach has not been remedied. Development of subsequent phases may not proceed until Development Contracts for such phases are approved by the City. Park dedication charges referred to in this Contract 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 final platted into lots and blocks. 5. PRELIMINARY PLAT STATUS. If the plat is a phase of a multi -phased preliminary plat, the preliminary plat approval for all phases not final platted shall lapse and be void unless final platted into lots and blocks and outlots, within two (2) years after preliminary plat approval. 6. CHANGES IN OFFICIAL CONTROLS. For five (5) years from the date of this Contract, no amendments to the City's Comprehensive Plan 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 Contract to the contrary, to the full extent permitted by state law, the City may require compliance with any amendments to the City's Comprehensive Plan, official controls, platting or dedication requirements enacted after the date of this Contract. 7. DEVELOPMENT PLANS. The plat shall be developed in accordance with the following plans. The plans shall not be attached to this Contract. The plans may be prepared, subject to the City Engineer's approval, after entering the Contract, but before commencement of any work in the plat. The City Engineer may approve minor amendments to Plans without City Council approval. If the plans vary from the written terms of this Contract, the written terms shall control. The plans are: Pleasant Creek Farms 7111 Addition 215113v2 Plan A - Plat Plan B - Final Grading, Drainage, and Erosion Control Plan Plan D - Plans and Specifications for Public Improvements Plan E - Street Lighting Plan Plan F - Landscape Plan 8. IMPROVEMENTS. The Developer shall install and pay for the following: A. Sanitary Sewer System B. Water System C. Storm Sewer System D. Streets E. Concrete Curb and Gutter F. Street Lights G. Site Grading, Stormwater Treatment/[nfiltration Basins, and Erosion Control H. Underground Utilities I. Setting of Iron Monuments J. Surveying and Staking K. Sidewalks and Trails L. Retaining Walls M. Landscaping The improvements shall be installed in accordance with the City subdivision ordinance; City standard specifications for utility and street construction; and any other ordinances including Chapter 6 of the City Code concerning erosion and sediment control. The Developer shall submit plans and specifications which have been prepared by a competent Minnesota registered professional engineer to the City for approval by the City Engineer. The Developer shall instruct its engineer to provide adequate field inspection personnel to assure an acceptable level of quality control to the extent that the Developer's engineer will be able to certify that the construction work meets the approved City standards as a condition 3 215113v2 Pleasant Creek Farms Th Addition of City acceptance. In addition, the City may, at the City's discretion and at the Developer's expense, have one or more City inspectors and a soil engineer inspect the work on a full or part-time basis. The Developer, its contractors and subcontractors, shall follow all instructions received from the City's inspectors. The Developer's engineer shall provide for on-site project management. The Developer's engineer is responsible for design changes and contract administration between the Developer and the Developer's contractor. The Developer or its engineer shall schedule a pre -construction meeting at a mutually agreeable time at the City with all parties concerned, including the City staff, to review the program for the construction work. Within thirty (30) days after the completion of the improvements and before the security is released, the Developer shall supply the City with a complete set of reproducible "as - constructed" plans and an electronic file of the "as -constructed" plans in an AutoCAD .DWG file or a .DXF file, all prepared in accordance with City standards. In accordance with Minnesota Statutes 505.021, the final placement of iron monuments for all lot corners must be completed before the applicable security is released. The Developer's surveyor shall also submit a written notice to the City certifying that the monuments have been installed following site grading, utility and street construction. 9. CONTRACTORS/SUBCONTRACTORS. City Council members, City employees, and City Planning Commission members, and corporations, partnerships, and other entities in which such individuals have greater than a 25% ownership interest or in which they are an officer or director may not act as contractors or subcontractors for the public improvements identified in Paragraph 8 above. 10. PERMITS. The Developer shall obtain or require its contractors and subcontractors to obtain all necessary permits, which may include: A. Wright County for County Road Access and Work in County Rights -of -Way B. MnDot for State Highway Access C. MnDot for Work in Right -of -Way D. Minnesota Department of Health for Watermains E. MPCA NPDES Permit for Construction Activity F. MPCA for Sanitary Sewer and Hazardous Material Removal and Disposal G. DNR for Dewatering 4 215113v2 Pleasant Creek Farms 7" Addition H. City of Otsego for Building Permits, Retaining Walls, Irrigation I. MDH for water permits J. MPCA for sewer extension 11. DEWATERING. Due to the variable nature of groundwater levels and stormwater flows, it will be the Developer's and the Developer's contractors and subcontractors responsibility to satisfy themselves with regard to the elevation of groundwater in the area and the level of effort needed to perform dewatering and storm flow routing operations. All dewatering shall be in accordance with all applicable county, state, and federal rules and regulations. DNR regulations regarding appropriations permits shall also be strictly followed. 12. TIME OF PERFORMANCE. The Developer shall install all required public improvements by November 30, 2021. 13. STREETS. The Developer agrees to maintain the streets within the Plat until the base course bituminous surfacing has been accepted by the City. Should the City be required to grade the street prior to paving, the cost of such grading shall be paid by the Developer and draw from the Developer's letter of credit. Should the City determine that snowplowing is necessary prior to street paving, the City will plow the street(s) prior to acceptance of the streets. The Developer shall hold harmless and indemnify the City from any and all liability related to this snow plowing and shall pay all costs associated with this snow plowing. Any plowing undertaken by the City shall constitute no acceptance or evidence of acceptance of the street(s) in question. The final wear course shall not be constructed until at least one construction season after the base construction is completed and shall be delayed one more construction season if at least 75% build out is not achieved. However, the final wear course shall not be delayed for a period longer than two years after the base course is paved, regardless of build out; in which case, the Developer shall provide an escrow for fog sealing the streets in the event the final wear course is placed prior to 75% build out. Upon final completion of streets and acceptance by the City as a City street rather than a private drive, the Developer shall guarantee to the City for a period of two (2) years the streets have been constructed to City standards. The warranty period shall not commence until such time as street construction is completed 5 Pleasant Creek Farms 7th Addition 215113v2 and the streets are accepted as City streets by the City. The two (2) year warranty period set forth above commences upon the date on which the City accepts the streets by resolution. 14. LICENSE. The Developer hereby grants the City, its agents, employees, officers and contractors a license to enter the plat to perform all work and inspections deemed appropriate by the City in conjunction with plat development. 15. EROSION CONTROL. Prior to initiating site grading, the erosion control plan, Plan B, shall be implemented by the Developer and inspected and approved by the City. The City may impose additional erosion control requirements if they would be beneficial. All areas disturbed by the grading operations shall be stabilized per the MPCA Stormwater Permit for Construction Activity. Seed shall be in accordance with the City's current seeding specification which may include temporary seed to provide ground cover as rapidly as possible. All seeded areas shall be fertilized, mulched, and disc anchored as necessary for seed retention. The parties recognize that time is of the essence in controlling erosion. If the Developer does not comply with the MPCA Stormwater Permit for Construction Activity or with the erosion control plan and schedule or supplementary instructions received from the City, the City may take such action as it deems appropriate to control erosion. The City will endeavor to notify the Developer in advance of any proposed action, but failure of the City to do so will not affect the Developer's and City's rights or obligations hereunder. If the Developer does not reimburse the City for any cost the City incurred for such work within ten (10) days, the City may draw down the letter of credit to pay any costs. No development, utility or street construction will be allowed and no building permits will be issued unless the plat is in full compliance with the approved erosion control plan. 16. GRADING. The plat shall be graded in accordance with the approved grading development and erosion control plan, Plan "B". The plan shall conform to City of Otsego specifications. Within thirty (30) days after completion of the grading and before the City approves individual building permits (except three (3) model home permits on lots acceptable to the Building Official), the Developer shall provide the City with an "as -constructed" grading plan certified by a registered land surveyor or engineer that all storm water treatment/infiltration basins and swales, have been constructed on public easements or land owned 6 Pleasant Creek Farms 7th Addition 215113v2 by the City. The "as -constructed" plan shall include field verified elevations of the following: a) cross sections of storm water treatment/infiltration basins; b) location and elevations along all swales, wetlands, wetland mitigation areas if any, locations and dimensions of borrow areas/stockpiles, and installed "conservation area" posts; and c) lot corner elevations and house pads, and all other items listed in City Code. The City will 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 certifies to the City that all lots with house footings placed on fill have been monitored and constructed to meet or exceed FHA/HUD 79G specifications. The soils observation and testing report, including referenced development phases and lot descriptions, shall be submitted to the Building Official for review prior to the issuance of building permits. Before a building permit is issued, a cash escrow shall be furnished to the City in accordance with the City's current fee schedule to guarantee compliance with the erosion control and grading requirements and the submittal of an as -built certificate of survey. Prior to the release of the required individual lot grading and erosion control security that is submitted with the building permit, an as -built certificate of survey for single family lots must be submitted to verify that the final as -built grades and elevations of the specific lot and all building setbacks are consistent with the approved grading plan for the development, and amendments thereto as approved by the City Engineer, and that all required property monuments are in place. If the final grading, erosion control and as -built survey is not timely completed, the City may enter the lot, perform the work, and apply the cash escrow toward the cost. Upon satisfactory completion of the grading, erosion control and as -built survey, the escrow funds, without interest, less any draw made by the City, shall be returned to the person who deposited the funds with the City. A certified as -built building pad survey must be submitted and approved for commercial, industrial or institutional developments prior to issuance of a building permit. 17. CLEAN UP. The Developer shall clean dirt and debris from streets that has resulted from construction work by the Developer, home builders, subcontractors, their agents or assigns. Prior to any 7 215113v2 Pleasant Creek Farms 71' Addition construction in the plat, the Developer shall identify in writing a responsible party and schedule for erosion control, street cleaning, and street sweeping. 18. OWNERSHIP OF IMPROVEMENTS. Upon completion of the work and construction required by this Contract and final acceptance by the City, the improvements lying within public easements shall become City property without further notice or action. 19. LATERAL STORM SEWER. The Developer shall post a security for lateral storm sewer in the amount of $176,885.00 which is due upon final plat approval. The Developer shall pay a cash fee in the amount of $18,135.53 for the Trunk Storm Water Management Impact Fee (Otsego Creek) due upon final plat approval which is calculated as follows: 4.97 Acres X $3,649.00/Net Acre = $18,135.53 20. LATERAL AND TRUNK SANITARY SEWER. The Developer shall pay to the City the required water availability charges and sanitary sewer availability charges. The water and sewer availability charges shall be collected according to Section 8-1-6-B of City Code including 9.0 RECs per gross acre for multiple family uses and 3.5 RECs per gross acre for commercial, industrial, or institutional uses. The water and sewer availability charges shall be paid in cash at the time of final plat approval. The Developer shall post a security in the amount of $128,402.50 for the installation of lateral and trunk sanitary sewer and connection. 21. LATERAL AND TRUNK WATERMAIN. The Developer shall post a security in the amount of $114,840.00 for the installation of lateral and trunk watermain and connection. 22. SEWER CONNECTION CHARGE AND WATER CONNECTION CHARGE. The Developer shall pay to the City required water and sewer connection charges. The water and sewer connection charges shall be collected per Section 8-1-6-C of City Code for all uses and must be paid prior to the issuance of a Certificate of Occupancy based on the fee schedule in effect at the time of application for the Certificate of Occupancy. 8 215113v2 Pleasant Creek Farms 7' Addition 23. CONSTRUCTION ACCESS. Construction traffic access and egress for grading, public utility construction, and public street construction is restricted to access the subdivision as approved by the City Engineer. 24. TRAFFIC CONTROL SIGNS. The Developer shall pay to the City $3,250.00 for installation of traffic control signs. The fee was calculated as follows: ten (13) traffic signs at $250.00 per traffic sign. 25. STREET LIGHT OPERATION COSTS. The Developer shall be responsible for the cost of street light installation consistent with a street lighting plan approved by the City. The Developer shall pay to the City a cash fee in the amount of $1,500.00. The fee is calculated as follows: three (3) street lights at $500.00 per street light. 26. LANDSCAPING. The Developer or lot purchaser shall plant least two (2) trees on every lot in the plat, one of which must be planted in the front yard. Trees that are chosen by the Developer or property owner cannot cause a public nuisance, such as cotton producing trees, or trees that may become a public hazard due to insect infestation or weak bark. The minimum deciduous tree size shall be two and one-half (21/2) inches caliper, balled and burlapped. Evergreen trees must be at least eight feet (8') tall. The trees may not be planted in the right-of-way. The Developer or lot purchaser shall sod the front yard, boulevard, and side yards to the rear of the structure on every lot. Weather permitting, the trees, sod, and seed shall be planted within sixty (60) days after a home has received a certificate of occupancy. Before a building permit is issued, a cash escrow per each lot in the plat shall be furnished the City in accordance with the City's current fee schedule to guarantee compliance with the landscaping requirements. If the landscaping is not completed in a timely manner, the City may enter the lot, perform the work, and apply the cash escrow toward the cost. Upon satisfactory completion of the landscaping the escrow funds, without interest, less any draw made by the City, shall be returned to the person who deposited the funds with the City. All trees shall be warranted to be alive, of good quality, and disease free for twelve (12) months after planting. Any replacements shall be warranted for twelve (12) months from the time of planting. The Developer or property owner is responsible for contacting the City when all the landscaping has been installed to set up an inspection. Fifty percent (50%) of the security will be 9 Pleasant Creek Farms 71' Addition 215113v2 released when all the landscaping has been installed and inspected by City staff and the remaining fifty percent (50%) will be released one year after the landscaping inspection and any warranty work has been completed. 27. SPECIAL PROVISIONS. The following special provisions shall apply to plat development: A. Implementation of the conditions listed in the Findings of Fact approved by the City Council on May 10, 2021. B. Before the City signs the final plat, the Developer shall convey Outlots A and B to the City by warranty deed, free and clear of any and all encumbrances, including but not limited to all Outlots for stormwater basins, wetlands, and wetland buffers. C. The Developer shall install a "Future Street Extension" sign and barricades at the terminus of 78th Street. D. The Developer shall be entitled to credits related to utility availability charges, park dedication fees paid in lieu of land, Otsego Creek stormwater area charges paid with the final plat and Development Contract for Pleasant Creek Farms 4th Addition. The amount of the credit will be limited as being up to the amount of the charges due for the Pleasant Creek Farms 7th Addition preliminary plat. Any uncredited portion of the charges paid with the Pleasant Creek Farms 4th Addition final plat shall be retained by the City. E. The final plat shall be recorded by August 18, 2021 as provided for in Section 10-5-3.13.8 of the Subdivision Ordinance. F. Prior to City Council approval of the final plat, the Developer shall furnish a boundary survey of the proposed property to be platted with all property corner monumentation in place and marked with lath and a flag. Any encroachments on or adjacent to the property shall be noted on the survey. The Developer's land surveyor certifies that all irons have been set following site grading and utility and street construction. In addition, the certificate of survey must also include a certification that all irons for a specific lot have either been found or set prior to the issuance of a building permit for that lot. 10 215113v2 Pleasant Creek Farms 7th Addition G. The Developer shall pay a cash fee for the preparation of record construction drawings and City base map updating. This fee is $100.00 per acre for a total charge of $1,150.00. H. The Developer is required to submit the final plat in electronic format. The electronic format shall be either AutoCAD.DWG file or a .DXF file. All construction record drawings (e.g., grading, utilities, streets) shall be in electronic format in accordance with standard City specifications. 28. CONSTRUCTION ADMINISTRATION AND FEES FOR CITY SERVICES. The Developer shall pay a fee for consulting engineering administration following approval of the Plat. City engineering administration will include consultation with Developer and its engineer on status or problems regarding the project, monitoring during the warranty period, general administration and processing of requests for reduction in security. Fees for this service shall be the actual amount billed for those services, which are estimated to be three percent (3%) of the estimated construction cost of the Improvements to be inspected, assuming normal construction and project scheduling. The Developer shall pay for construction observation performed by the City Engineer. Construction observation shall include part or full time observation, as determined by the City Engineer, of proposed street, sanitary sewer, water and storm drainage construction and will be billed on hourly rates actually required for said inspection, which are estimated to be five percent (5%) of the estimated construction cost of the Improvements to be inspected. In the event of prolonged construction or unusual problems, the City will notify the Developer of anticipated cost overruns for engineering administration and observation services. Any amounts for engineering administration not utilized from this escrow fund shall be returned to the Developer when all improvements have been completed, all financial obligations to the City satisfied, and the required "as constructed" plans have been received by the City. The escrow and fee account shall also include estimated fees for Legal expenses actually incurred (with any excess funds, if any, returned to Developer as indicated in this Contract), City Administrative Fee (a flat fee due upon execution of this Agreement), Trunk Water and Sewer Access Fees (a flat fee due upon execution of this Agreement), Transportation Infrastructure Costs (a flat fee due upon 11 Pleasant Creek Farms Th Addition 215113v2 execution of this Agreement), Park and Trail Dedication Fees (a flat fee due upon execution of this Agreement), Street Light Maintenance and Operation Fee (a flat fee due upon execution of this Agreement) and shall be as stated by the Financial Summary. This escrow amount shall be submitted to the City prior to the City executing this Agreement. All administrative and legal fees related to plan review, drafting of this Agreement and any other necessary items shall be paid to the City prior to execution of this Agreement. Any amounts for legal and engineering not utilized from this escrow fund shall be returned to the Developer when all improvements have been completed, all financial obligations to the City satisfied, and the required "as constructed" plans have been received by the City. All other amounts listed as flat fees are non-refundable and available immediately for City use when posted. 29. SECURITY. To ensure compliance with the terms of this Contract, and construction of all public improvements, and satisfaction of all other obligations, the Developer shall furnish the City with a cash escrow or Irrevocable Standby Letter of Credit with automatic renewal provisions in the amount as required under this Contract. The issuer and form of the security (other than cash escrow) shall be subject to City approval in its reasonable discretion. The security shall be issued by a banking institution in good standing as determined by the City and approved by the City Administrator. The City shall have the ability to draw on the security at a bank or branch bank located within fifty (50) miles of the City Hall. The security shall contain an automatic renewal provision and shall not expire until all the Development is complete and fully and finally accepted by the City, and all terms of this Contract are satisfied. The City may draw down the security, on five (5) business days written notice to the Developer, for any violation of the terms of this Contract or without notice if the security is allowed to lapse prior to the end of the required term. If the required public improvements are not completed at least thirty (30) days prior to the expiration of the security, the City may also draw it down without notice. If the security is drawn down, the proceeds shall be used to cure the default. 12 215113v2 Pleasant Creek Farms 7th Addition Upon receipt of proof satisfactory to the City that work has been completed and financial obligations to the City have been satisfied, with City approval not to be unreasonably withheld or delayed, the security shall be reduced from time to time in proportion to the work completed, but not below ten (10) percent which is the amount of the warranty security. For purposes of this Section, the warranty period shall be a twelve (12) month period after the applicable work has been completed, except with respect to streets, for which the warranty period shall be two years as addressed elsewhere in this Contract. This security amount shall be submitted to the City prior to execution of the Contract. All administrative and legal fees related to plan review, drafting of this Contract and any other necessary items shall be paid to the City prior to execution of the Contract. Upon completion of the work contemplated hereunder and expiration of the warranty period, the remaining security shall be promptly released to Developer. 30. SUMMARY OF SECURITY REQUIREMENTS. The amount of the security described above is calculated as follows: CONSTRUCTION COSTS: A. Sanitary Sewer — Lateral and Trunk B. Watermain — Lateral and Trunk C. Storm Sewer -Lateral D. Streets CONSTRUCTION SUB -TOTAL OTHER COSTS: A. Engineering & Surveying Construction Services (6.5%) OTHER COSTS SUB -TOTAL TOTAL — SUBTOTAL TOTAL IRREVOCABLE LETTER OF CREDIT FOR SECURITY (125% OF SUBTOTAL ESCROW A. City Legal Expenses (Est. 1.0% of $734,593.00) B. City Administrative (Est. 1.0% of $734,593.00) 13 215113v2 $128,402.50 114,840.00 176, 885.00 314,465.50 $734.593.00 $47,748.55 $47,748.55 $782,341.55 $977,926.93 $7,345.93 7,345.93 Pleasant Creek Farms 711 Addition C. City Construction Administration and Utility & Street Inspection (Est. 8.0% of 734,593.00) 58,767.44 D. GIS Data Entry Fee 1,350.00 ESCROW TOTAL $74,809.30 DEVELOPMENT WARRANTY LETTER OF CREDIT A. Sanitary Sewer $19,260.38 B. Watermain 17,226.00 C. Storm Sewer 26,532.75 D. Streets 34,250.00 E. Erosion & Sedimentation Control 7,500.00 TOTAL WARRANTY LETTER OF CREDIT $104,769.13 This breakdown is not a restriction on the use of the security. 31. SUMMARY OF CASH REQUIREMENTS. The following is a summary of the cash requirements under this Contract which must be furnished to the City prior to the City Council signing the final plat: A. Trunk Storm Water Management Impact Fee $18,135.53 B. Traffic Control Signs 3,250.00 C. Street Light Operating Fee 1,500.00 TOTAL CASH REQUIREMENTS $22,885.53 32. WARRANTY. The Developer warrants all improvements required to be constructed by it pursuant to this Contract against poor material and faulty workmanship. The warranty period for streets is two years as specified in this Contract. The warranty period for underground utilities is two years and shall commence following completion and acceptance by City Council. A minimum of 10% of the total security required under this Contract shall be retained as warranty security as specified in the section of this Contract. 33. 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 plat, including but not limited to Soil and Water 14 215113v2 Pleasant Creek Farms 7`h Addition Conservation District charges, legal, planning, engineering and construction observation inspection expenses incurred in connection with approval and acceptance of the plat, the preparation of this Contract, review of construction plans and documents, and all costs and expenses incurred by the City in monitoring and inspecting development of the plat. B. The Developer shall hold the City and its officers, employees, and agents harmless from claims made by itself and third parties for damages sustained or costs incurred resulting from plat approval and development. The Developer shall indemnify the City and its officers, employees, and agents for all costs, damages, or expenses which the City may pay or incur in consequence of such claims, including attorneys' fees. C. The Developer shall reimburse the City for costs incurred in the enforcement of this Contract, including engineering and attorneys' fees. D. The Developer shall pay, or cause to be paid when due, and in any event before any penalty is attached, all special assessments referred to in this Contract. This is a personal obligation of the Developer and 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. The Developer shall pay in full all bills submitted to it by the City for obligations incurred under this Contract within thirty (30) days after receipt. If the bills are not paid on time, the City may halt plat development and construction until the bills are paid in full. Bills not paid within thirty (30) days shall accrue interest at the rate of eighteen percent (18%) per year. Additionally, the Developer shall pay in full all bills submitted to it by the City prior to any reductions in the security for the development. F. In addition to the charges and special assessments referred to herein, other charges and special assessments may be imposed such as but not limited to sewer availability charges ("SAC"), City water connection charges, City sewer connection charges, and building permit fees. 15 215113v2 Pleasant Creek Farms 71' Addition 34. DEVELOPER'S DEFAULT. In the event of default by the Developer as to any of the work to be performed by it hereunder, the City may, at its option, perform the work and the Developer shall promptly reimburse the City for any expense incurred by the City, provided the Developer, except in an emergency as determined by the City, is first given notice of the work in default, not less than forty-eight (48) hours in advance. This Contract is a license for the City to act, and it shall not be necessary for the City to seek a Court order for permission to enter the land. When the City does any such work, the City may, in addition to its other remedies, assess the cost in whole or in part. 35. MISCELLANEOUS. A. The Developer represents to the City that the plat complies with all city, county, 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. Third parties shall have no recourse against the City under this Contract. C. Breach of the terms of this Contract 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, or phrase of this Contract is for any reason held invalid, such decision shall not affect the validity of the remaining portion of this Contract. E. Grading, curbing, and one lift of asphalt shall be installed on all public and private streets prior to issuance of any building permits. F. If building permits are issued prior to the 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, material men, employees, agents, or third parties. No sewer and water connections or 16 215113v2 Pleasant Creek Farms 711 Addition inspections may be conducted and no one may occupy a building for which a building permit is issued on either a temporary or permanent basis until the streets needed for access have been paved with a bituminous surface and the utilities are accepted by the City Engineer. G. The action or inaction of the City shall not constitute a waiver or amendment to the provisions of this Contract. To be binding, amendments or waivers shall be in writing, signed by the parties and approved by written resolution of the City Council. The City's failure to promptly take legal action to enforce this Contract shall not be a waiver or release. H. This Contract shall run with the land and may be recorded against the title to the property. In the event this Contract is recorded, upon request by Developer, the City covenants to provide a recordable Certificate of Completion within a reasonable period of time following the request, upon the completion of the work and responsibilities required herein, payment of all costs and fees required and compliance with all terms of the Contract. A release of this Contract may be provided in the same manner and subject to the same conditions as a Certificate of Completion provided there are no outstanding or ongoing obligations of Developer under the terms of this 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 Contract, in the form attached hereto, from all parties who have an interest in the property; that there are no unrecorded interests in the property being final platted; and that the Developer will indemnify and hold the City harmless for any breach of the foregoing covenants. I. Insurance. Prior to execution of the final plat, Developer and its general contractor shall furnish to the City a certificate of insurance showing proof of the required insurance required under this Paragraph. Developer and its general contractor shall take out and maintain or cause to be taken out and maintained until six (6) months after the City has finally accepted the public improvements, such insurance as shall protect Developer and its general contractor and the City for work covered by the Contract including workers' compensation claims and 17 Pleasant Creek Farms Th Addition 215113v2 property damage, bodily and personal injury which may arise from operations under this Contract, whether such operations are by Developer and its general contractor or anyone directly or indirectly employed by either of them. The minimum amounts of insurance shall be as follows: Commercial General Liability (or in combination with an umbrella policy) $2,000,000 Each Occurrence $2,000,000 Products/Completed Operations Aggregate $2,000,000 Annual Aggregate The following coverages shall be included: Premises and Operations Bodily Injury and Property Damage Personal and Advertising Injury Blanket Contractual Liability Products and Completed Operations Liability Automobile Liability $2,000,000 Combined Single Limit — Bodily Injury & Property Damage Including Owned, Hired & Non -Owned Automobiles Workers Compensation Workers' Compensation insurance in accordance with the statutory requirements of the State of Minnesota, including Employer's Liability with minimum limits are as follows: $500, 000 — Bodily Injury by Disease per employee • $500, 000 — Bodily Injury by Disease aggregate $500,000 —Bodily Injury by Accident The Developer's and general contractor's insurance must be "Primary and Non -Contributory". All insurance policies (or riders) required by this Contract shall be (i) taken out by and maintained with responsible insurance companies organized under the laws of one of the states of the United States and qualified to do business in the State of Minnesota, (ii) shall name the City, its employees and agents as additional insureds (CGL and umbrella only) by endorsement which shall be filed with the City and (iii) shall identify the name of the plat. A copy of the endorsement must be submitted with the certificate of insurance. Developer's and general contractor's policies and Certificate of Insurance shall contain a provision that coverage afforded under the policies shall not be cancelled without at least 18 215113v2 Pleasant Creek Farms Th Addition thirty (30) days' advanced written notice to the City, or ten (10) days' notice for non-payment of premium. An Umbrella or Excess Liability insurance policy may be used to supplement Developer's or general contractor's policy limits on a follow -form basis to satisfy the full policy limits required by this Contract. J. Indemnification. To the fullest extent permitted by law, Developer agrees to defend, indemnify and hold harmless the City, and its employees, officials, and agents from and against all claims, actions, damages, losses and expenses, including reasonable attorney fees, arising out of Developer's negligence or its performance or failure to perform its obligations under this Contract. Developer's indemnification obligation shall apply to Developer's general contractor, subcontractor(s), or anyone directly or indirectly employed or hired by Developer, or anyone for whose acts Developer may be liable. Developer agrees this indemnity obligation shall survive the completion or termination of this Contract. K. Each right, power or remedy herein conferred upon the City is cumulative and in addition to every other right, power or remedy, express or implied, now or hereafter arising, available to City, at law or in equity, or under any other agreement, and each and every right, power and remedy herein set forth or otherwise so existing may be exercised from time to time as often and in such order as may be deemed expedient by the City and shall not be a waiver of the right to exercise at any time thereafter any other right, power or remedy. L. The Developer may not assign this Contract without the written permission of the City Council. The Developer's obligation hereunder shall continue in full force and effect even if the Developer sells one or more lots, the entire plat, or any part of it, until the City's issuance of a Certificate of Completion and Release. M. Retaining walls over four feet in height shall be constructed in accordance with plans and specifications prepared by a structural or geotechnical engineer licensed by the State of Minnesota. Following construction, a certification signed by the design engineer shall be filed 19 215113v2 Pleasant Creek Farms Th Addition with the Building Official evidencing that the retaining wall was constructed in accordance with the approved plans and specifications. All retaining walls identified on the development plans and by special conditions referred to in this Contract shall be constructed before any other building permit is issued for a lot on which a retaining wall is required to be built. All retaining walls must comply with the City's engineering manual and the City's zoning ordinance. N. Should the Developer convey any lot or lots in the Development to a third party, the City and the owner of that lot or those lots may amend this Development Contract or other city approvals or agreements for development or use of those lots without the approval or consent of the Developer or other lot owners in the Development. Private agreements between the owners of lots within the Development for shared service or access and related matters necessary for the efficient use of the Development shall be the responsibility of the lot owners and shall not bind or restrict City authority to approve applications from any lot owner in the Development. 36. NOTICES. Required notices to the Developer shall be in writing, and shall be either hand delivered to the Developer, its employees or agents, or mailed to the Developer by certified mail at the following address: 1536 Beachcomber Boulevard, Waconia, Minnesota 55387. Notices to the City shall be in writing and shall be either hand delivered to the City Administrator, or mailed to the City by certified mail in care of the City Administrator at the following address: Otsego City Hall, 13400 90th Street NE, Otsego, Minnesota 55330. [The remainder of this page has been intentionally left blank. Signature pages follow.] 20 215113v2 Pleasant Creek Farms 711 Addition CITY OF OTSEGO M (SEAL) AND STATE OF MINNESOTA ) )ss. COUNTY OF WRIGHT ) Jessica L. Stockamp, Mayor Audra Etzel, City Clerk The foregoing instrument was acknowledged before me this day of 2021, by Jessica L. Stockamp and by Audra Etzel, the Mayor and City Clerk of the City of Otsego, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. NOTARY PUBLIC 21 215113v2 Pleasant Creek Farms 711 Addition STATE OF MINNESOTA )ss. COUNTY OF DEVELOPER: TAMARACK LAND — PLEASANT CREEK, LLC Its The foregoing instrument was acknowledged before me this day of , 2021, by the of Tamarack Land — Pleasant Creek, LLC. NOTARY PUBLIC DRAFTED BY: CAMPBELL, KNUTSON Professional Association Grand Oak Office Center 1 860 Blue Gentian Road, Suite 290 Eagan, MN 55121 Telephone: 651-452-5000 DSK/smt 22 215113v2 Pleasant Creek Farms 711 Addition MORTGAGE HOLDER CONSENT TO DEVELOPMENT CONTRACT SECURITY BANK & TRUST CO., organized and existing under the laws of the State of Minnesota, which holds a mortgage executed by Tamarack Land — Pleasant Creek, LLC, a Minnesota limited liability company, in favor of Security Bank & Trust Co., dated June 18, 2020, filed June 26, 2020, as Document No. A1431190, in the principal sum of $200,270.88, on the subject property, the development of which is governed by the foregoing Development Contract, agrees that the Development Contract shall remain in full force and effect even if it forecloses on its mortgage. Dated this day of 12021. SECURITY BANK & TRUST CO. in Its [print name] [title] STATE OF ) )ss. COUNTY OF ) The foregoing instrument was acknowledged before me this day of 2021, by , the of SECURITY BANK & TRUST CO., organized and existing under the laws of the State of Minnesota, on behalf of said entity. NOTARY PUBLIC DRAFTED BY: CAMPBELL KNUTSON Professional Association Grand Oak Office Center 1 860 Blue Gentian Road, Suite 290 Eagan, Minnesota 55121 651-452-5000 DSK/smt 23 215113v2 Pleasant Creek Farms Th Addition [BANK LETTERHEAD] IRREVOCABLE LETTER OF CREDIT TO: City of Otsego City Hall 13400 90th Street NE Otsego, Minnesota 55330 Dear Sir or Madam: No. _ Date: We hereby issue, for the account of (Name of Developer) 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. dated 2 , of (Name of Bank) "; b) Be signed by the City Administrator or Finance Director of the City of Otsego. c) Be presented for payment at (Address of Bank) , on or before 4:00 p.m. on November 30, 2 This Letter of Credit shall automatically renew for successive one-year terms unless, at least forty-five (45) days prior to the next annual renewal date (which shall be November 30 of each year), the Bank delivers written notice to the Otsego Finance Director 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: Otsego Finance Director, Otsego City Hall, 13400 90th Street NE, Otsego, MN 55330, and is actually received by the Finance Director at least thirty (30) 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. 600. We hereby agree that a draft drawn under and in compliance with this Letter of Credit shall be duly honored upon presentation. [NAME OF BANK] BY: Its 24 215113v2 Pleasant Creek Farms 7'' Addition