06-25-2018 Council Packet - Laserfiche WebLink

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20. PARK DEDICATION FEE. The Land is subject to the standard Park Dedication Fee requirement for the City of Orono. Because the value of each newly created lot in the Plat will be in excess of the threshold value of $69,375.00, the eight percent (8%) park fee cap of $5,550.00 per lot will apply; therefore, the Park Dedication Fee is calculated as follows: 2 lots x $5,550.00 per lot = $11,100.00 21. WATER CHARGE. One additional water unit is due prior to the issuance of building permits resulting from the creation of two new lots. This charge is $4,240.00 per the 2018 Fee Schedule. 22. LANDSCAPING. All landscaping shall be installed in accordance with the approved landscape plan. Developer shall post a landscaping security at the time of final Plat approval to ensure that the landscaping is installed win accordance with the approved Plan. 23. SPECIAL PROVISIONS. The following special provisions shall apply to development of the Land: A. Implementation of and adherence to the findings and conditions listed in (1) Resolution No. 6831 approving the Preliminary Plat for Bennetts Northern Woods File No. 18-3994, adopted by the Orono City Council on February 12, 2018; and (2) Resolution No. approving the Final Plat for Bennetts Northern Woods, adopted by the Orono City Council on June 25, 2018. B. Implementation of and adherence to the Planned Residential Development plans submitted by the Developer and approved by the City. C. In lieu of conservation easements granted to the City over the wetlands on the Property, the Developer shall comply with the MCWD requirement that a Declaration establishing covenants, restrictions, easements, charges and liens regarding the Property. Before the City signs the Plat, the Developer shall provide the City with an appropriately executed Declaration in favor of the MCWD (the "Declaration"). D. Final Plat approval is subject to MCWD approval and permits as required. The City will not approve the Plat until the MCWD has approved the stormwater management plans and the Developer has provided evidence that all required MCWD permits have been obtained. E. The Plat shall adhere to the purpose and intent of the Orono Community Management Plan, as amended. F. The Developer shall provide a maintenance agreement meeting the MCWD's requirements to outline responsibility for all future maintenance activities related to the stormwater facilities and the Conservation Plan. 180976 7 196841A