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