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�O.4tp CITY OF ORONO RESOLUTION OF THE CITY COUNCIL y� G4' NO. 6 9 1 8 `-iKESH0l-t 2) Dedication on the plat of the perimeter Drainage and Utility Easements as required in Resolution 6907. 3) Plans and Specifications. Development within PENCE LANE ADDITION is subject to the City approved plans and specifications: a) Final grading, stormwater, drainage and erosion control plan, dated 11/16/18. b) Final stormwater pollution prevention plan (SWPPP), dated 11/16/18. 4) Access to Lot 1 will be via Walters Port Lane only. 5) Access to Lot 2 will be via the private driveway (Pence Lane) that connects to Kelly Avenue. This access is shared with 2715 Pence Lane. 6) Vehicular access to Pence Lane from Lot 1 is expressly prohibited. 7) The common Pence Lane driveway shared by Lot 2 and 2715 Pence Lane shall be maintained to provide an acceptable driving surface at all times. 8) A covenant to outline responsibility for all future maintenance activities related to the stormwater facilities shall be recorded. 9) A title opinion for the Property and certified copies of all recorded easements currently affecting the Property shall be submitted. 10)A Letter of Credit and escrow to ensure that all site improvements are installed and maintained to the City's specifications and satisfaction, shall be submitted. 11)Payment of Development Fees. Total due: $16,550.00 a. Final plat fee: $500.00. b. Park Dedication Fee: $5,550. c. Stormwater and Drainage Trunk Fee: $10,500.00. 12)Financial Guarantee. The Owners shall submit a final plat review escrow in the amount of $2,500.00 with the final plat application. Additionally, the Owners shall provide a financial guarantee to ensure the completion of site improvements. The City Engineer shall complete an estimate of improvement costs, including but not limited to storm sewers, landscaping, grading, erosion control, utilities, 2