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6. Approval is subject to Minnehaha Creek Watershed District (MCWD) approval and <br /> permits as required. Final plat approval shall not be granted until the Developer has <br /> provided evidence that all required MCWD permits have been obtained. <br /> 7. Developer shall create a private road on the Property providing access to Watertown <br /> Road. Approval is subject to provision of the standard Road, Drainage and Utility <br /> Easements to be granted to the City over the road outlot. The developer shall establish a <br /> homeowners association as well as the necessary road maintenance agreements, etc. to <br /> ensure that the private road will be maintained to reasonable standards at all times by a <br /> homeowner's association, and that failure of that private group to so maintain their <br /> private road will be cause for the City to accomplish needed maintenance and to assess <br /> the benefitted properties for the direct cost of such maintenance. The private road shall <br /> be subject to a "Declaration of Covenants, Conditions, Restrictions and Private <br /> Roadway Easement" either as a separate document or incorporated into the <br /> development covenants. Such document shall allow for the extension of the road to <br /> the property to the north at the cost of the developer of said property, nd allow the <br /> future owners of the property to the north access to Watertown Road ' �the private <br /> road, at no cost save for sharing of maintenance of said private e private road <br /> shall be constructed to a 28-foot paved width. The private road may be designed to <br /> preserve existing vegetation, subject to approval of the City Engineer. Final road design <br /> plans indicating the extent of the curb and gutter system shall be submitted for Council <br /> review prior to final plat approval. <br /> 8. Development Fees <br /> A. Park Dedication Fee. The PRD is subject to the standard Park Dedication Fee <br /> requirement. Because the value of each newly created lot will be in excess of the <br /> threshold value of$69,375.00 the 8% park fee cap of$5,550 per lot will apply . <br /> Park dedication fee will be 6 lots x $5,550 = $33,300. <br /> B. Storm Water and Drainage Trunk Fee. The PRD is subject to the standard Storm <br /> Water and Drainage Trunk Fee of$2,770 per acre x 16.7 gross acres = $46,260. <br /> 9. City Engineer Approval. Approval is subject to the ongoing recommendations of the <br /> City Engineer. <br /> Page 8 of 13 <br />