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SEP. 13. 2006 11 .40AM Mail EDINA REALTY TITLE CLAIMS N0. 2964 P. 3/59 4 : o 0 CITY of ORONO G RESOLUTION OF THE CITY COUNCIL NO. 5 4 :a WHEREAS,the Developer has agreed to execute the Planned Unit Development No. 5 Agreement providing for the installation of certain improvements as a condition of site plan approval for the consftwdon of certain public and private improvements on the Property, and which Agreement documents the general and detailed conditions for development and use of the Property;and WHEREAS, the Developer has agreed to construct a public road and municipal sewer and water facilities to be turned over to the City upon satisfactory completion, and to grant public easements to the City over the proposed trails to be constructed by the developer or by the City within the Property; and WHEREAS, the Developer has completed or has agreed to complete all other requirements of the Zoning Code, platting ordinances and related Ordinances of the City including: 1. Completion of all platting requirements of Resolution No. 5420. 2. Dedication on the plat of Drainage and Utility Easements. 3. Submittal of Minnehaha Creek Watershed District(MCWD)permit approving the grading and stormwater management facilities plan for the development of the Property as proposed per the approved Grading, Drainage and SWPP Plan as noted herein. 4. Payment to the City of Stormwater and Drainage Trunk Fees for the development of the Property in the amount of$23,940.00 as established in General Concept Plan Approval Resolution No. 5240. 5. Payment of a Park Dedication Fee in the amount of$44,400.00 as established in General Concept Plan Approval Resolution No. 5420. 6. Payment to the City for the legal review and filing of the plat agreements, easements and covenants in the amount of$250.00. 7. Payment of the final plat fee in the amount of$280.00. 8. Granting to the City of public easements over proposed trails within the Property; and Page 2 of 7