Development Contract for Shoreline Estates

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shall release,discharge,and dismiss the City from any further proceedings as it pertains to the funds deposited with the District Court, except that the Court shall retain jurisdiction to determine attorneys' fees pursuant to this Contract. 20. STORM WATER AND DRAINAGE TRUNK FEE. The Land is subject to the standard Storm Water and Drainage Trunk Fee of$40,300.00 per lot calculated as follows: $8,060.00 per acre x 5 lots = $40,300.00 21. WATER CONNECTION FEE. Not applicable. 22. SEWER CONNECTION FEE. The Land is subject to a Sewer Connection Fee per lot calculated as follows: $5,380.00 per lot x 5 lots = $26,900.00 23. PARK DEDICATION FEE. The Land is subject to the standard Park Dedication Fee requirement for the City of Orono per lot calculated as follows: $5,500.00 per lot x 5 lots = $27,750.00 24. LANDSCAPING. All landscaping shall be installed in accordance with Plan F: Landscape and Restoration Plan prior to release of any security. 25. 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 Resolution No. 7165 Approving a Preliminary Plat for Shoreline Estates. B. Final Plat approval is subject to Minnehaha Creek Watershed District ("MCWD") approval and permits as required. The City will not release the Plat for recording until the MCWD has approved the stormwater management plans and the Developer has provided evidence that all required MCWD permits have been obtained. 9 278322 218300v1