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CITY of ORONO <br />E. <br />F. <br />6) <br />7) <br />RESOLUTION OF THE CITY COUNCIL <br />NO. 4 8^0 <br />Parking lot construction plans, including confirmation that parking <br />lots and driving lanes will be paved and provided with concrete <br />curb and gutter, and that all driving lanes within parking lots shall <br />have a 9-ton minimum pavemeu. section. A geotechnical evaluation <br />f the soil shall be done in conjunction with the pavement design <br />and shall be submitted to the City Engineer for approval. <br />Detailed signage and lighting plans. <br />Any additional plans and specifications deemed necessary by the <br />City as review progresses. <br />D. Development Agreement. Development Approval is contingent upon the <br />successful execution of a Development Agreement between the applicant <br />and the City. Such Agreement shall address all specific City requirements <br />for the development. <br />Financial Guarantee. The Development Agreement shall include a <br />financial guarantee by the applicant to ensure the completion of site <br />improvements. The City Engineer shall complete an estimate of <br />improvement costs, including but not limited to landscaping, grading, <br />erosion control, utilities, driveways and parking areas, trails, sidewalks, <br />retaining walls and stormwater management facility construction, and the <br />applicant shall provide to the City a financial guarantee of 150% of the <br />improvement costs. <br />Storm Water and Drainage Trunk Fee. The standard Storm Water and <br />Drainage Trunk Fee for commercial development shall be paid by the <br />developer at the rate of S6,480 per acic (2002 Fee Schedule). The City <br />Council shall determine prior to final Development Plan approval whether <br />the Developer will be charged additional fees for off-site stormwater <br />improvements that benefit this property. The Storm Water and Drainage <br />Trunk Fee shall not be charged for the acreage within the Adjacent Parcel <br />that is to be developed to serve the propert>", said Fee for the acreage in <br />the Adjacent Parcel shall be charged at the time the Adjacent Paxcel is <br />developed. <br />Page 9 of 12