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CITYof ORONO RESOLUTION OF THE CITY COUNCIL NO. 948 erosion control measures shall be maintained in working order until the site is re - vegetated. 2) The construction limits shall be clearly marked with adequate fencing to prevent any construction damage or disturbance of any trees and vegetation outside of the construction limits area. Developer shall identify trees to be preserved on site, shall mark them on a site plan, and shall take extraordinary measures such as fencing, signage, etc. to ensure they are not disturbed. Developer must strive to maintain perimeter vegetation along Wayzata Boulevard and Highway 12 to the greatest extent possible. G. Landscaping. Developer shall provide a landscaping plan meeting all of the requirements of the RPUD District and the Conservation Design code requirements to the satisfaction of the City Council. All landscaping shall conform to the standards established by City ordinance for the RPUD district H. Development Agreement. Development Approval is contingent upon the successful execution of a Development Agreement between the applicant and the City. Such Agreement shall address all specific City requirements for the development. I. Financial Guarantee. The Development Agreement shall include a financial guarantee by the applicant to ensure the completion of site improvements. The City Engineer shall complete an estimate of improvement costs, including but not limited to private roads, curb & gutter where required, landscaping, grading, erosion control, utilities, wetland and wetland buffers, conservation design requirements and stormwater management facility construction, and the applicant shall provide .to the City a financial guarantee of 150% of the improvement costs. J. Storm Water and Drainage Trunk Fee. The standard Storm Water and Drainage Trunk Fee for residential development shall be paid by the developer per the 2010 City Fee Schedule, based on the rate for multifamily residential greater than 4 units per acre (10.63 gross acres @ $7,000 per acre) _ $72,520. K. Park Dedication. The Developer shall pay the standard park dedication fee in lieu of land dedication based on the value of 8% of the land with a minimum residential park fee of $3250 per dwelling unit. Assuming the estimated market value of $1,276,000 from Hennepin County tax records, the minimum fee would apply. Applying the minimum residential park fee, and removing the memory care units, would result in a park fee of $3250 x 35 units = $113,750. Page 9 of 11