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5.1 Due North Car Wash Preliminary Plat, Final Plat, and PUD Request for City Council Action DEPARTMENT INFORMATION ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Planning City Planner Licht 10 October 2022 PRESENTER(s) REVIEWED BY: ITEM #: City Planner Licht City Administrator/Finance Director Flaherty City Engineer Wagner City Attorney Kendall 5.1 – Due North Car Wash STRATEGIC VISION MEETS: THE CITY OF OTSEGO: Is a strong organization that is committed to leading the community through innovative communication. Has proactively expanded infrastructure to responsibly provide core services. 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. Is a distinctive, connected community known for its beauty and natural surroundings. AGENDA ITEM DETAILS RECOMMENDATION: The Planning Commission recommends approval of a final plat, PUD Development Stage Plan, and development contract. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? Yes Yes held by Planning Commission 6 September 2022 BACKGROUND/JUSTIFICATION: CN Otsego Properties, LLC has submitted plans for development of a drive through car wash at the northeast corner of Parrish Avenue (CSAH 42) and 85th Street within the Great River Centre commercial development. The Planning Commission and City Council previously considered a PUD Concept Plan application for the proposed use. The proposed development requires consideration of a preliminary plat and PUD Development Stage Plan. A public hearing to consider the applications was held by the Planning Commission at their meeting on 6 September 2022. One resident was online and asked about employment and tax base that the proposed use would generate. The applicant said they expect up to six full time employees and more than 20 part- time employees. City staff noted that property tax generation would be based on the County Assessors valuation of the property. There were no other comments and the public hearing was closed. Consistent with their support for the prior concept plan, the Planning Commission was favorable to the proposed car wash use and appreciated the efforts of the developer to address comments raised previously. The Planning Commission discussed maintained of the windows along the wash tunnel facing Parrish Avenue (CSAH 42). City staff and the developer were to present a recommendation to the City Council for language as to a condition of approval to address this issue. The Planning Commission also discussed potential reuses of the building. The Planning Commission voted to recommend approval of the applications. SUPPORTING DOCUMENTS ATTACHED: ▪ Planning Report dated 29 August 2022 ▪ Engineering Review dated August 29, 2022 ▪ Final Plat ▪ Findings of Fact and Decision ▪ Resolution 2022-80 approving a Development Contract ▪ Development Contract POSSIBLE MOTION PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES: Motion to approve the Great River Centre of Otsego Seventh Addition preliminary and final plat and PUD Development Stage Plan for Due North Car Wash subject to the conditions stated in the findings of fact and decision as presented; and adopt Resolution 2022-80 approving a Development Contract. BUDGET INFORMATION FUNDING: BUDGETED: N/A N/A TPC 3601 Thurston Avenue Anoka, MN 55303 763.231.5840 TPC@PlanningCo.com The Planning Company PLANNING REPORT TO: FROM: REPORT DATE: 60-DAY DATE: Otsego Planning Commission D.Daniel Licht, AICP 29 August 2022 14 October 2022 RE: Otsego -Due North Car Wash; PUD Development Stage Plan TPC FILE: 101.02 BACKGROUND CP Otsego Properties, LLC has submitted plans for development of a drive through car wash at the northeast corner of Parrish Avenue (CSAH 42} and 85th Street within the Great River Centre commercial development. The Planning Commission and City Council previously considered a PUD Concept Plan application for the proposed use. The proposed development requires consideration of a preliminary plat and PUD Development Stage Plan. A public hearing to consider the applications has been noticed for the Planning Commission meeting on 6 September 2022 at 7:00PM. Exhibits: ■Site Location Map ■Architectural plans dated 08-11-22 (7 sheets) ■Civil Plans date 8/15/22 (11 sheets) ■Final Plat ANALYSIS Comprehensive Plan. The 2012 Comprehensive Plan guides the subject site within the Great River Centre of Otsego for commercial land use as part of the City's primary retail, service, and office area within the community. The proposed car wash use will serve both local and regional patrons consistent with the intended land uses for this commercial area. The City has been careful in considering locations appropriate for automobile oriented uses within this 1 S:\Municipal\Aotsego25xx\2500\OT2522.04 Due North car wash Main Office: 3601 Thurston Avenue, Anoka, MN 55303 Phone: 763/427-5860 Fax: 763/427-0520 www.haa-inc.com MEMORANDUM TO: Honorable Mayor and City Council CC: Adam Flaherty, City Administrator Audra Etzel, City Clerk Daniel Licht, City Planner Dave Kendall, City Attorney Cory Kampschroer, CN Otsego Properties, LLC Jessica Kampschroer, CN Otsego Properties, LLC Scott Dahlke, Civil Engineering Site Design FROM: Ronald Wagner, P.E. City Engineer Abdullah Alqwaizani, E.I.T. DATE: August 26, 2022, updated August 29, 2022 with other staff input RE: Due North Otsego We have reviewed the following information provided by Civil Engineering Site Design on behalf of Scott Dahlke regarding the Due North Otsego. Civil Plan Set for Due North Otsego, dated 8/15/2022 by Due North Otsego The submittal is to be considered for preliminary acceptance. We would offer the following comments: Cover Sheet 1. Provide an approval signature line for Ronald J. Wagner, P.E., City Engineer. 2. Provide benchmark(s) and datum listed (should be NGVD 1929 Adj. Datum). Preliminary Plat & Site Plan 3. A few existing utilities are missing. All existing sewer, watermain, culverts, and other underground facilities within 150’ shall be shown. 4. Provide a stop sign on the east and south entrance. 5. Provide cross walk paint and signage on Parson Ave. a. Key note 18 to signify 10’ trail (City Standard Plate 707). 6. Add key note 19 to the ped ramp west side of Parson Avenue and south side of 85. August 26, 2022, revised August 29, 2022 Page 2 S:\Municipal\Aotsego25xx\2500\OT2522.04 Due North car wash 7. Verify if there is a push button crossing the traffic signal at 85th Street and Parrish Avenue intersection. 8. Provide drainage & utilities easement for storm sewer on west of the site. 9. Provide a one-way signage across the south entrance on median strip and raised concrete traffic median “pork chop” at 85th Street access to guide right in, right out only movements. Grading and Drainage Plan 10. Provide the normal, 2-year, 10-year, and 100-year water level for the proposed pond. Sanitary Sewer & Water Plan 11. The hydrant coverage is insufficient for the building. Storm Sewer Plan 12. No comments. SWPPP 13. No comments. Existing Conditions & Removal Plan 14. No comments. Details 15. Remove standard plat: 300, 301, 304, 307, 309, 314, and 408 16. Verify standard plat 407, 48” diameter outlet structure is needed. Plan shows 27” outlet structure. 17. Standard plate 409 will also be used as pond outlet structure. Landscape Plan 18. No comments. Summary and/or Recommendation We recommend approval contingent on the above comments being addressed. GREAT RIVER CENTRE OF OTSEGOSEVENTH ADDITIONKNOW ALL PERSONS BY THESE PRESENTS: CN Otsego Properties, LLC, a Minnesota Limited Liability Company, fee owner of the following described property situated in theCounty of Wright, State of Minnesota to-wit:Lot 1, Block 2, Great River Centre of Otsego Second Addition, Wright County Minnesota.Has caused the same to be surveyed and platted as GREAT RIVER CENTRE OF OTSEGO SEVENTH ADDITION and does hereby dedicate to the public for public use the publicways and the drainage and utility easements as created by this plat.In witness whereof CN Otsego Properties, LLC a Minnesota limited liability company, has caused these presents to be signed by its proper officer this____day of_________________,20___.___________________________________Cory Kampschroer, Chief ManagerSTATE OF MINNESOTACOUNTY OF ______________This instrument was acknowledged before me this_____ day of_________________, 20___, by Cory Kampschroer, Chief Manager of CN Otsego Properties, LLC a Minnesota limitedliability company, on behalf of the company.____________________________Notary Public Signature____________________________Notary Printed NameNotary Public_______________County, MinnesotaMy Commission Expires_______________I Kaleb J. Kadelbach 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 thisplat 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 the plat have been, orwill be correctly set within one year; that all water boundaries and wetlands, as defined in Minnesota Statutes, Section 505.01, Subd. 3, as of the date of this certificate are shown andlabeled on this plat; and all public ways are shown and labeled on this plat.Dated this__________ day of _______________________, 20___._____________________________________________Kaleb J. Kadelbach, Licensed Land SurveyorMinnesota License No. 57070STATE OF MINNESOTACOUNTY OF ________The foregoing surveyor's certificate was acknowledged before me this_____ day of_________________, 20___, by Kaleb J. Kadelbach, Land Surveyor, Minnesota Licence No 57070.____________________________Notary Public Signature____________________________Notary Printed NameNotary Public_______________County, MinnesotaMy Commission Expires_______________CITY COUNCIL, CITY OF OTSEGO, MINNESOTA:This plat of GREAT RIVER CENTRE OF OTSEGO SEVENTH ADDITION was approved and accepted by the City of Otsego, Minnesota, at a regular meeting thereof held this____ day of __________________, 20___.CITY COUNCIL OF OTSEGO, MINNESOTABy:______________________________MayorBy:______________________________City ClerkWRIGHT COUNTY SURVEYORI hereby certify that in accordance with Minnesota Statutes, 505.021, Subd.. 11, this plat has been reviewed and approved this ____ day of _____________________, 20____.______________________________Wright County SurveyorWRIGHT COUNTY LAND RECORDSPursuant 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 Land Records AdministratorWRIGHT COUNTY RECORDERI 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. andwas duly recorded in Cabinet No. ______, Sleeve ________ as Document No. ________________.______________________________________Wright County Recorder V2-28Sep22 1 PRELIMINARY/FINAL PLAT PUD DEVELOPMENT STAGE PLNA FINDINGS OF FACT & DECISION APPLICANT: CN Otsego Properties, LLC APPLICATION: Request for preliminary and final plat approval of Great River Centre of Otsego Seventh Addition and a Planned Unit Development (PUD) Development Stage Plan. CITY COUNCIL MEETING: 10 October 2022 FINDINGS: Based upon review of the application and evidence received, the Otsego City Council now makes the following findings of fact: A. The legal description of the property is Lot 1, Block 2, Great River Centre of Otsego Second Addition B. The property lies within the East Sewer District and is guided for commercial land uses by the 2012 Otsego Comprehensive Plan, as amended. C. The property is zoned PUD, Planned Unit Development District in accordance with ordinance approved by the City Council on 13 March 2005. D. The applicant is proposing a preliminary plat and final plat of one lot to be developed with a car wash use. D. Applications for preliminary plats are processed in accordance with Section 10-5-2 of the Subdivision Ordinance; Section 10-5-2, subject to review by the Planning Commission and approval of the City Council. E. Applications for final plat approval are processed in accordance with Section 10-5-3 of the Subdivision Ordinance, subject to review and approval of the City Council. F. Applications for approval of a PUD Development Stage Plan are processed in accordance with Section 11-36-4.D of the Zoning Ordinance. G. The Planning Commission and City Council must take into consideration the possible effects of the request with their judgment based upon (but not limited to) the criteria outlined in Section 11-3-2.F of the Zoning Ordinance: 1. The proposed action's consistency with the specific policies and provisions of the Otsego Comprehensive Plan. V2-28Sep22 2 Finding: The Comprehensive Plan guides the subject site within the Great River Centre of Otsego for commercial land use as part of the City’s primary retail, service, and office area within the community. The proposed office use is consistent with the land uses guided by the Future Land Use Plan and will provide for day-time employment opportunities and market support for surrounding businesses. The City has been careful in considering locations appropriate for automobile oriented uses within this commercial area to provide for a balance of business types and compatibility with existing and future land uses in the area. The proposed car wash use will serve both local and regional patrons consistent with the intended land uses for this commercial area consistent with the Comprehensive Plan. 2. The proposed use's compatibility with present and future land uses of the area. Finding: The area within Great River Center bounded by 87th Street/Quaday Avenue/85th Street/Parrish Avenue (CSAH 42) is designated as a Village Center where development is to utilize elements of traditional neighborhood design in both site planning and architecture. The existing uses to the north of the subject site that have developed abutting Parrish Avenue (CSAH 42) include a minor auto repair/tire use and bank office with drive through facility, which are more general commercial and automobile oriented in nature. The proposed car wash at this location as shown on the PUD Development Stage Plan is be similar to the existing uses to the north and appropriate for the subject site. Outlot A will be required to develop in accordance with the Village Center elements of the Great River Centre of Otsego PUD Design Guidelines. 3. The proposed use's conformity with all performance standards contained within the Zoning Ordinance and other provisions of the City Code. Finding: The proposed lot and development of the lot will be required to comply with all requirements of the Zoning Ordinance, Subdivision Ordinance, and Engineering Manual. 4. Traffic generation of the proposed use in relation to capabilities of streets serving the property. Finding: The Great River Centre of Otsego development is accessed via Parrish Avenue (CSAH 42), which is a minor arterial roadway. The subject site will access to 85th Street and Parson Avenue. The streets serving the subject site have adequate capacity to accommodate the traffic generated by the proposed development. 5. The proposed use can be accommodated by existing public services and facilities and will not overburden the City's service capacity. Finding: The subject site is located within the East Sewer District established by the 2012 Otsego Comprehensive Plan. Sewer and water utilities are available at the subject site with sufficient capacity to accommodate the proposed use. The City has the ability to provide all other required municipal services to the subject site within the East Sewer District. H. The planning report dated 29 August 2022 prepared by the City Planner, The Planning Company LLC, is incorporated herein. I. The engineering review dated August 29, 2022, prepared by the City Engineer, Hakanson Anderson, Inc. is incorporated herein. V2-28Sep22 3 J. The Otsego Planning Commission conducted a public hearing at their regular meeting on 6 September 2022 to consider the application, preceded by published and mailed notice; based upon review of the application and evidence received, the public hearing was closed, and the Planning Commission recommended by a 5-0 vote that the City Council approve the request based on the aforementioned findings. DECISION: Based on the foregoing information and applicable ordinances, the request is hereby APPROVED, subject to the following conditions: 1. Approval of the preliminary plat shall not guarantee access to sanitary sewer service. The City shall only allocate sanitary sewer capacity to approved final plats with signed development contracts to assure the City of timely development. 2. Right-of-way dedication for Parrish Avenue (CSAH 42) shall be subject to review by the City Engineer and approval of Wright County. 3. Right-of-way dedication and access to 85th Street and Parson Avenue shall be subject to review and approval of the City Engineer. 4. Lot 1, Block 1 shall comply with the following setback requirements: Parrish Ave (CSAH 42) 85th St. Parson Ave. North Parking ROW Interior 30ft. 30ft. 20ft. 10ft. 15ft. 5ft. 5. An ingress/egress easement shall be recorded over Lot 1, Block 1 and Outlot A to allow access to 85th Street and Parson Avenue from each lot, subject to review and approval of the Zoning Administrator. 6. The design and construction of off-street parking areas and the temporary drive to access Parson Avenue shall comply with Section 11-21-7 of the Zoning Ordinance, subject to review and approval of the City Engineer. 7. Construction of sidewalks and trails as shown on the site plan shall be subject to review and approval of the City Engineer, and: a. The pedestrian connection between Parrish Avenue (CSAH 42) and Parson Avenue shall be increased to 10 feet in width and overlaid by public trail easement drafted by the City Attorney with the City responsible for future maintenance. b. The site plan shall provide for connections from the sidewalks at the perimeter of the proposed lot to the principal building, subject to review and approval of the Zoning Administrator. 8. A landscape plan subject to review and approval of the Zoning Administrator shall be submitted outlining proposed location, type, size, and quantities of proposed plantings along with planting details meeting the requirements of Section 11-19-2 of the Zoning Ordinance, and: V2-28Sep22 4 a. A row of ornamental trees 40 feet on center parallel to Parrish Avenue (CSAH 42) is to be added from the north line of Lot 1, Block 1 to the proposed landscaping at the Parrish Avenue (CSAH 42) and 85th Street intersection. b. The type of tree shown at the Parrish Avenue (CSAH 42) and 85th Street intersection is to be specified and two eight foot evergreen trees added to screen the car wash exit. c. The group of three evergreen trees to the west of the 85th Street driveway are to be revised to be eight feet and height and are to be shifted west to be more south of the building, with one to two shade trees added west of the driveway and one shade tree added east of the driveway. d. The trees along the east line of Lot 1, Block 1 between the north and south accesses to Outlot A shall be revised as eight foot evergreen trees spaced 25 feet on center. e. An irrigation system shall be installed as required by Section 5-2-3.C.2 of the City Code. 9. All exterior lighting shall comply with Section 11-16-6 of the Zoning Ordinance, subject to review and approval of the Zoning Administrator. 10. All signs shall comply with Chapter 37 of the Zoning Ordinance, subject to review and approval of the Zoning Administrator. 11. Details and locations for exterior trash containers related to the vacuum stations shall be identified and are subject to review and approval of the Zoning Administrator. 12. Hours of operation for the use upon Lot 1, Block 1 shall be limited to 7:00AM to 10:00PM each day. 13. The windows along the wash tunnel shall be cleaned as necessary manually or by an automated system to avoid chemical residue build up from the wash process (not including steam, water droplets, etc.) to maintain clear transparency except for window signs allowed by the Zoning Ordinance or a treatment shall be applied to the windows approved by the Zoning Administrator to make them opaque and obscure the residue. 14. All grading, drainage, and erosion control issues shall be subject to review and approval of the City Engineer. 15. The developer shall pay Utility Availability Charges for Lot 1, Block 1 at the time of final plat approval in accordance with Title 8, Chapter 1 of the City Code. 16. All utility plans shall be subject to review and approval by the City Engineer as part of a PUD Development Stage Plan and preliminary plat application. 17. Water softening specifications for the car wash system shall be subject to review and approval of the Utility Operations Manager. 18. All easements shall be subject to review and approval of the City Engineer. 19. The developer shall submit a final plat to be titled “Great River Centre of Otsego Seventh Addition” that is consistent with the approved preliminary plat and conditions of approval thereof, subject to review and approval of City staff. V2-28Sep22 5 20. The developer shall enter into a performance agreement and development contract as required by Section 10-10-4.A of the Subdivision Ordinance and Section 11-9-7 of the Zoning Ordinance, subject to review by the City Attorney and approval of the City Council. 21. The final plat shall be recorded within 100 days of City Council approval or shall be deemed void. MOTION BY: SECOND BY: ALL IN FAVOR: THOSE OPPOSED: ADOPTED by the City Council of the City of Otsego this 10th day of October, 2022. CITY OF OTSEGO By:________________________________ Jessica L. Stockamp, Mayor Attest: By:____________________________ Audra Etzel, City Clerk 1 CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO: 2022-80 APPROVING A DEVELOPMENT CONTRACT FOR GREAT RIVER CENTRE OF OTSEGO SEVENTH ADDITION WHEREAS, CN Otsego Properties, LLC (the “developer”) is proposing development of Great River Centre of Otsego Seventh Addition; and WHEREAS, a final plat for the development was approved on 10 October 2022 by the City Council; and WHEREAS, Section 10-10-4.A of the Subdivision Ordinance and Section 11-9-7 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 CN Otsego Properties, 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. 2 ADOPTED by the City Council of the City of Otsego this 10th day of October, 2022. MOTION BY: SECONDED BY: IN FAVOR: OPPOSED: CITY OF OTSEGO __________________________________ Jessica L. Stockamp, Mayor ATTEST: __________________________________ Audra Etzel, City Clerk 1 223682v4 Great River Centre of Otsego Seventh Addition (reserved for recording information) DEVELOPMENT CONTRACT (Developer Installed Improvements) GREAT RIVER CENTRE OF OTSEGO SEVENTH ADDITION CONTRACT dated ____________________, 2022, by and between the CITY OF OTSEGO, a Minnesota municipal corporation (“City”), and CN OTSEGO PROPERTIES LLC, a Minnesota limited liability company (the “Developer”). 1. REQUEST FOR PLAT APPROVAL. The Developer has asked the City to approve a plat for GREAT RIVER CENTRE OF OTSEGO SEVENTH 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: Lot 1, Block 2, Great River Centre of Otsego Second 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, 2 223682v4 Great River Centre of Otsego Seventh Addition streets, utilities, public or private improvements, or any buildings until all the following conditions have been satisfied: 1) this contract has been fully executed by both parties 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. 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. 5. 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: Plan A - Plat Plan B - Final Grading, Drainage, and Erosion Control Plan Plan C - Plans and Specifications for Public Improvements Plan E - Landscape Plan 6. IMPROVEMENTS. The Developer shall install and pay for the following: A. Sanitary Sewer System B. Water System C. Storm Sewer System D. Streets 3 223682v4 Great River Centre of Otsego Seventh Addition E. Concrete Curb and Gutter F. Site Grading, Stormwater Treatment/Infiltration Basins, and Erosion Control G. Underground Utilities H. Setting of Iron Monuments I. Surveying and Staking J. Sidewalks and Trails K. Retaining Walls L. 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 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. 4 223682v4 Great River Centre of Otsego Seventh Addition 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. 7. 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. 8. 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 H. City of Otsego for Building Permits, Retaining Walls, Irrigation I. MDH for water permits J. MPCA for sewer extension 9. 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. 10. TIME OF PERFORMANCE. The Developer shall install all required public improvements by March 30, 2023. 5 223682v4 Great River Centre of Otsego Seventh Addition 11. STREETS. The Developer agrees to maintain the area of Parson Avenue and 85th Street under construction for access to utilities and curb cuts 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 drawn 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. 12. 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. 13. 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. 6 223682v4 Great River Centre of Otsego Seventh Addition 14. GRADING. The Plat shall be graded in accordance with the approved Grading and Erosion Control Plan, Plan “B”. Plan B shall conform to City of Otsego specifications. Within thirty (30) days after completion of the grading and before the City approves the required building permits, the Developer shall provide the City with an “as-built” survey of the grading plan certified by a registered land surveyor or engineer (the “As-Built Survey”) that all storm water treatment/infiltration basins and swales, have been constructed on public easements or land owned by the City. The As-Built Survey 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 As- Built Survey is on file with the City and all erosion control measures are in place as determined by the City Engineer. The certified As-Built Survey must be submitted and approved for commercial, industrial or institutional developments prior to issuance of a building permit. 15. 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 construction in the plat, the Developer shall identify in writing a responsible party and schedule for erosion control, street cleaning, and street sweeping. 16. 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. 17. 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 3.5 RECs per gross acre for commercial, industrial, or institutional uses. 7 223682v4 Great River Centre of Otsego Seventh Addition The Developer shall pay a cash fee in the amount of $21,204.75 for the Sewer Availability Charge (“SAC”) at the time of Plat Approval which is calculated as follows: 2.1 Gr Ac X 3.5 RECs/Gr Ac X $2,885/REC = $21,204.75 18. LATERAL AND TRUNK WATERMAIN. The Developer shall post a security in the amount of $59,500.00 for the installation of lateral and trunk watermain and connection The Developer shall pay a cash fee in the amount of $14,802.90 for the Water Availability Charge (“WAC”) at the time of Plat Approval which is calculated as follows: 2.1 Gr Ac X 3.5 RECs/Gr Ac X $2,014/REC = $14,802.90 19. 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 building permit based on the fee schedule in effect at the time of application for the building permit. 20. 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. 21. WETLAND, STREET, AND TRAFFIC CONTROL SIGNS. The Developer shall pay to the City $750.00 to ensure the installation of wetland, street, and traffic control signs. The fee is calculated as follows: 3 Signs X $250.00/Sign = $750.00 22. LANDSCAPING. Landscaping shall be installed in accordance with the approved landscape plan. The Developer shall post a $36,300.00 landscaping security at the time of final plat approval to ensure that the landscaping is installed in accordance with the approved plan. 23. PARK DEDICATION. The Parks System Master Plan does not identify land within the area of the subject site for acquisition by the City for park purposes. Park dedication requirements for the plat were previously satisfied with the approvals for Great River Centre of Otsego and Great River Centre of 8 223682v4 Great River Centre of Otsego Seventh Addition Otsego Second Addition. No additional park dedication shall be required upon approval of the plat or a future plat of Outlot A. 24. 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 $21,200.00. The fee is calculated as follows: four (4) street lights at $5,300.00 per street light. 25. 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 October 10, 2022. B. The plat shall be developed in accordance with the site and building plans approved by the City Council on October 10, 2022 with securities provided for in accordance with the terms of the Development Contract. C. The Developer shall grant to the City a permanent access easement in a form approved by the City over Lot 1, Block 1, and Outlot A to allow access to 85th Street and Parson Avenue from each lot, subject to review and approval of the Zoning Administrator. D. The Developer shall increase the pedestrian connection between Parrish Avenue (CSAH 42) and Parson Avenue to ten (10) feet in width and grant to the City a permanent easement for public sidewalk and trail purposes in a form approved by the City. The City shall be responsible for future maintenance of the sidewalk and public trail. The Developer shall post a security in the amount of $61,000.00 to ensure that the public trail is installed in accordance with the approved plan. E. The Developer shall submit a site plan shall providing for connections from the sidewalks at the perimeter of the proposed lot to the principal building, subject to review and approval of the Zoning Administrator. F. All grading, drainage, wetland, and erosion control plans shall be subject to review and approval of the City Engineer. 9 223682v4 Great River Centre of Otsego Seventh Addition G. All easements shall be subject to review and approval of the City Engineer. H. All stormwater management plans shall be subject to review and approval of the City Engineer. I. Construction within City rights-of-way and any removals and restoration of City street or curb shall be subject to review and approval of the City Engineer. J. All utility plans are subject to review and approval by the City Engineer as part of a PUD Development Stage Plan and preliminary plat application. K. The Developer shall pay Utility Availability Charges for Lot 1, Block 1 at the time of final plat approval in accordance with Title 8, Chapter 1 of the City Code. L. Water softening specifications for the car wash system shall be subject to review and approval of the Utility Operations Manager. M. The Developer shall submit a plan detailing the type, location, and height of all proposed exterior lighting in compliance with Section 11-16-6 of the Zoning Ordinance, subject to review and approval of the Zoning Administrator. N. All signs shall comply with Chapter 37 of the Zoning Ordinance and shall require a sign permit approved by the Zoning Administrator prior to installation. O. The Developer shall identify the details and locations for exterior trash containers related to the vacuum stations, subject to review and approval of the Zoning Administrator. P. Any outdoor storage of waste and recycling containers shall comply with Section 11-18-4.C of the Zoning Ordinance, subject to review and approval of the Zoning Administrator. Q. Hours of operation for the use upon Lot 1, Block 1, shall be limited to 7:00 AM to 10:00 PM each day. R. The Developer shall clean windows along the wash tunnel as necessary manually, or by an automated system, to avoid chemical residue build up from the wash process (not including steam, water droplets etc.) to maintain clear transparency except for window signs allowed by the Zoning Ordinance or the Developer shall apply a treatment to the windows approved by the Zoning Administrator to make the windows opaque and to obscure the residue. 10 223682v4 Great River Centre of Otsego Seventh Addition S. Prior to City Council approval of the final Plat, the Developer shall furnish a boundary survey of the proposed property to be platted (“Boundary Survey”) 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 Boundary Survey. The Developer's land surveyor shall certify on the Boundary Survey that all irons have been set following site grading and utility and street construction. In addition, the Boundary 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. T. The Developer shall provide a cash escrow for the preparation of record construction drawings, GIS, and City base map updating. This fee is $250.00 per lot for a total charge of $250.00. U. 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. 26. 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 11 223682v4 Great River Centre of Otsego Seventh Addition 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), 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. 27. 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 security amount shall be one hundred twenty five (125) percent of the City Engineer’s estimated cost of all public improvements and/or private improvements required by the Subdivision Ordinance or Zoning Ordinance. The Developer shall provide an additional security equal to six and one-half (6.5%) of the estimated cost of the required public and/or private improvements for use by the City for the purpose of assuming responsibility for design, bidding, and construction administration of the required improvement in the event of a default by the Developer as provided for by 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 12 223682v4 Great River Centre of Otsego Seventh Addition 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. 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. 28. SUMMARY OF SECURITY REQUIREMENTS. The amount of the security described above is calculated as follows: CONSTRUCTION COSTS: A. Watermain – Lateral and Trunk $59,500.00 B. Streets 51,600.00 C. Trails/Sidewalk/ADA Pedestrian Ramps 61,000.00 CONSTRUCTION SUB-TOTAL $172,100.00 13 223682v4 Great River Centre of Otsego Seventh Addition OTHER COSTS: A. Engineering & Surveying Construction Services (6.5%) 11,186.50 B. Site Grading, Erosion & Sediment Control 7,140.00 C. Landscaping 36,300.00 OTHER COSTS SUB-TOTAL $54,626.50 TOTAL – SUBTOTAL $226,726.50 TOTAL IRREVOCABLE LETTER OF CREDIT $283,408.13 FOR SECURITY (125% OF SUBTOTAL ESCROW A. City Legal Expenses (Est. 1.0% of $172,100.00) $1,721.00 B. City Construction Observation (Est. 8.0% of $172,100.00) 13,768.00 C. GIS Data Entry Fee 250.00 ESCROW TOTAL $15,739.00 This breakdown is not a restriction on the use of the escrow or security. 29. 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. City Administrative (1.0% of $172,100.00) $1,721.00 B. Trunk Sewer Access Fee (SAC) 21,204.75 C. Trunk Water (WAC) 14,802.90 D. Wetland, Street & Traffic Control Signs 750.00 E. Street Lights 21,200.00 TOTAL CASH REQUIREMENTS $59,678.65 30. WARRANTY. The Developer warrants all improvements required to be constructed by it pursuant to this Contract against poor material and faulty workmanship, other than as set forth hereafter in this Section 30, for a period of one (1) year. The warranty period for streets is two (2) years as specified in this Contract. The warranty period for underground utilities is two (2) years and shall commence following completion and acceptance by City Council. A minimum of 10% of the total security as specified above in the portion of Section 30 of this Contract shall be retained as warranty security calculated as follows. 14 223682v4 Great River Centre of Otsego Seventh Addition DEVELOPMENT WARRANTY LETTER OF CREDIT A. Watermain $8,925.00 B. Streets 12,600.00 TOTAL WARRANTY LETTER OF CREDIT $21,525.00 31. 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 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 mo re 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 15 223682v4 Great River Centre of Otsego Seventh Addition 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. 32. 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. 33. 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. 16 223682v4 Great River Centre of Otsego Seventh Addition 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 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. 17 223682v4 Great River Centre of Otsego Seventh Addition 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 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 18 223682v4 Great River Centre of Otsego Seventh Addition 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 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 19 223682v4 Great River Centre of Otsego Seventh Addition 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 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. 34. 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: 652 55th Street NE, Buffalo, MN 553313. 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. 20 223682v4 Great River Centre of Otsego Seventh Addition CITY OF OTSEGO BY: ___________________________________________ Jessica L. Stockamp, Mayor (SEAL) AND __________________________________________ Audra Etzel, City Clerk STATE OF MINNESOTA ) )ss. COUNTY OF WRIGHT ) The foregoing instrument was acknowledged before me this ________ day of ______________, 2022, 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 223682v4 Great River Centre of Otsego Seventh Addition DEVELOPER: CN OTSEGO PROPERTIES LLC BY: ___________________________________________ Its STATE OF MINNESOTA ) )ss. COUNTY OF WRIGHT ) The foregoing instrument was acknowledged before me this ________ day of ______________, 2022, by __________________________________ the ____________________________________ of CN OTSEGO PROPERTIES LLC, a Minnesota limited liability company, on behalf of said entity. ______________________________________________ NOTARY PUBLIC DRAFTED BY: CAMPBELL, KNUTSON Professional Association Grand Oak Office Center I 860 Blue Gentian Road, Suite 290 Eagan, MN 55121 Telephone: 651-452-5000 DSK/smt 22 223682v4 Great River Centre of Otsego Seventh Addition FEE OWNER CONSENT TO DEVELOPMENT CONTRACT TC ASSETS LLC, a Minnesota limited liability company, fee owner of all or part of the subject property, the development of which is governed by the foregoing Development Contract, affirms and consents to the provisions thereof and agrees to be bound by the provisions as the same may apply to that portion of the subject property owned by it. Dated this _____ day of ____________, 2022. By: ___________________________________ _________________________ [print name] _________________________ [title] STATE OF MINNESOTA ) )ss. COUNTY OF __________ ) The foregoing instrument was acknowledged before me this _________ day of __________________, 2022, by ______________________________________________________, the ____________________________ of TC Assets LLC, a Minnesota limited liability company, on behalf of said entity. ________________________________________ NOTARY PUBLIC DRAFTED BY: CAMPBELL KNUTSON Professional Association Grand Oak Office Center I 860 Blue Gentian Road, Suite 290 Eagan, Minnesota 55121 651-452-5000 DSK/smt 23 223682v4 Great River Centre of Otsego Seventh Addition [BANK LETTERHEAD] IRREVOCABLE LETTER OF CREDIT No. ___________________ Date: _________________ TO: City of Otsego City Hall 13400 90th Street NE Otsego, Minnesota 55330 Dear Sir or Madam: 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 ______________________________