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A RESOLUTION APPROVING THE <br />PLAT OF FULLERTON ESTATES <br />FILE NO. 2204 <br />WHEREAS, the City of Orono is a municipal corporation organized and existing <br />under the laws of the State of Minnesota; and <br />WHEREAS, the City Council of the City of Orono has adopted subdivision <br />regulations for the orderly, economic and safe development of land within the City; and <br />WHEREAS, the City Council has considered this application for a Class III <br />subdivision of a five lot plat by James G. Fullerton. Ill (hereinafter "the subdivider"); and <br />WHEREAS, per Resolution No. 3879 of the City of Orono, <br />approved the preliminary plat application for the five lot residential subdivision on April 24, 1997, <br />and <br />WHEREAS, the subdivision has been found to meet all standards of the LR-IA, <br />Lakeshore Residential Zoning District, finding that each lot is of a size and ‘ <br />would allow its use as a single family residence to be fully developed without the need of any <br />variances; and <br />WHEREAS, the subdivider has completed all requirements of the platting <br />regulations of the City, including: <br />Completion of all the requirements of Resolution No. 3879, the resolution of the <br />City granting preliminary approval of the plat. <br />Creation of a stormwater facility maintenance agreement, drainage easements for <br />Lots 1 and 2, and Declaration of Building Restrictions for Lot 3. <br />Executed a Developer ’s Agreement and posted a Letter of Credit ^^tten to 150% <br />of the cost of required improvements. Required improvements shall include all <br />grading/drainage improvements and road improvements as shown on plans and <br />specs by Mark S. Gronberg, a registered professional engineer. Job n <br />, sheet__of ____, dated------------------------_• <br />1. <br />2. <br />3. <br />Page 1 of 2