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gpATCITY OF ORONO RESOLUTION OF THE CITY COUNCIL �,� NO. 7373 tri\j1111L kEsxav- f. Name of plat. C2.Legal documents required: a. Title opinion addressed to the City or a title insurance policy in favor of the City issued no more than 60-days prior to the date of Final Plat approval. All owners, mortgage holders or others with property interest indicated therein shall sign the plat and all other documents affected by such interest. b. The Developer must provide certified copies of all recorded easements currently affecting the Property. c. Signed Developers Agreement. d. Signed Private Driveway Easement and Maintenance Agreement. C3.Financial Guarantee. The Developer shall submit a final plat review escrow in the amount of $2,500.00 with the Final Plat application. Additionally, the Developer's Agreement shall include a financial guarantee by the Developer to ensure the completion of site improvements. The Developer's engineer shall complete an estimate of improvement costs, including but not limited to storm sewers, landscaping, grading, erosion control, utilities, driveways and stormwater management facility construction which the City's Engineer will verify. The Developer shall provide to the City a financial guarantee of 150% of the improvement costs. C4.Plat approval fees to be paid: Total due: $22,170.00 a. Final plat fee: $500.00. b. Park Dedication Fee: $7,925.73. c. Stormwater and Drainage Trunk Fee: $16,120.00. d. Sanitary Sewer(based on the 2023 Fee Schedule): $15,730 i. Met Council SAC Fee: $2,485 per lot due at the time of Final Plat. ii. Connection Permit: $50 per lot (due at the time of individual building permits). iii. Connection Inspection Fee: $100 per lot (due at the time of individual building permits). iv. Connection Fee: $5,380 per lot due at the time of Final Plat. 7