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Since Council approval at the April 25,2005 meeting the applicants had been determining whether <br />or not they would revise their grading plan to incorporate a westerly entrance in anticipation of the <br />Highway 12 tum-back to Hennepin County. The applicants have since decided that functionally and <br />financiilly the access could not be revised and would like to proceed with their original plan <br />approved at the April 25"* Council meeting. At the April 25, 2005 meeting the Council <br />recommended approval of the project and directed staff to draft a Resolution and PUD No. 2C <br />agreement The applicants have also been working to satisfy MnDOT and MCWD stormwater <br />management requirements. <br />The ^licants have submitted the majority of the items listed in the City letter, attached as Exhibit C <br />to this memo, and the following items will be required prior to filing of the plat with Hennepin <br />County: <br />1) Minnehaha Creek Watershed District Permit <br />2) Signed PUD No. 2C Agreement/Development Contract and signed mylars <br />3) Original copy of title opinion <br />4) Fees in the amount of $18,079.00 <br />a. Final plat fee > $280.00 <br />b. Legal review & filing fee - $250.00 <br />c. Stormwater A Drainage Trunk fee - $17,549.00 <br />d. Additional engineering A legal fees billed at actual cost as they are incurred. <br />5) Letter of Credit in the amount of $822,848.63. <br />The applicants should also be aware that prior to any land alteration/building permit issuances an <br />additional engineer review of plans would be requir^ to ensure remaining engineering comments <br />have been incorporated into the revised plans. <br />Staff Recommendation <br />Adopt the attached Resolution documenting the approval of the General Development Plan and Final <br />Plat and approve the PUD No. 2C Agreement, vdiich includes the Development Contract for <br />installation of public improvements. <br />COUNaL ACTION REQUESTED <br />Approve the documents attached as Exhibits A and B for 2060 Wayzata Boulevard.