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*, <br />10. The caretaker residence to remain on proposed Lot 3 is located entirely within <br />the 0-75’ setback area. Any plan to expand existing building envelope or install <br />a new foundation will require variance approvals from the City of Orono. <br />11. Subdivider to grant a road and utility easement over private road outlot to the <br />City of Orono. Subdivider's engineer to provide a final approved road plan for <br />the upgrade of existing driveway. Plans must be approv ed by the City Engineer <br />prior to road construction. Subdivider to provide an executed developer's <br />agreement and letter of credit written to 150% of the cost of required <br />grading/drainage/road construction improvements. <br />12. Subdivider to install conforming septic systems for Lots 3 and 4 prior to final <br />plat approval. If septic systems have not been installed at the time subdivider <br />seeks final plat approval, subdivider shall include the installation of the two <br />septic systems within the developer's agreement and provide adequate security <br />to ensure systems are installed by a reasonable date w'ithin 1997. <br />13. Upon Council's approval of the preliminaiy plat, the subdivision shall be referred <br />to the City Assessor to determine the fair market value of the land prior to <br />development. The park dedication fee shall be based on 8% of the fair market <br />value of the area/value of Lots 1 and 2. <br />14. Subdivider is hereby advised that preliminar}^ subdivision approval will expire <br />within one year of the date of Council approval, Februarv' 24, 1998. Should the <br />subdivider fail to complete the filing of the final plat application within the year <br />deadline, it shall be necessary for the subdivider to file a new preliminary <br />subdivision application with the City. <br />The following list of final submittals must be submitted to the Zoning Administrator two <br />weeks prior to the regularly scheduled Council meeting on the second and fourth Mondays of <br />the month. Required submittals are as follows; <br />1.Record plat drawings in the form of two (2) mylar copies (one copy for the <br />City’s records and one for filing with Hennepin County) and one (1) copy <br />reduced to 1" = 200'. Drawing to include: <br />Page 4 of 7