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CITY OF ORONO <br />RESOLUTION OF THE CITY COUNCIL <br />NO. 6517 <br />3. Designation and dedication on the plat of wetlands subject to City and other agency <br />jurisdiction, and execution of a Permanent Wetland Conservation and Flowage Easement <br />and Restrictive Covenants for protection of wetlands, and establishment of wetland buffers <br />and buffer maintenance provisions per the requirements of the Minnehaha Creek <br />Watershed District (MCWD). <br />4. Execution of a Road, Drainage and Utility Easement to the City of Orono over the private <br />road Outlots, and execution of a "Declaration of Covenants, Conditions, Restrictions and <br />Private Roadway Easement" with regard to the private roads. <br />5. Execution of a Conservation Easement over the areas designated for preservation and <br />management as permanent open space. <br />6. Execution of a Declaration of Covenants, Conditions, Easements and Restrictions for <br />Stormwater Management facilities including establishment of pond infiltration <br />basin maintenance obligations. <br />7. Submittal of Minnehaha Creek Watershed District (MCWD) permit approving the grading <br />and stormwater management facilities plan for the development of the Property as <br />proposed per the approved Grading and SWPP Plans as noted herein. <br />8. Provision to the City of a title opinion for the Property and certified copies of all recorded <br />easements currently affecting the Property. <br />9. Execution of a Development Contract and Planned Residential Development Agreement <br />including provision of financial security including a Letter of Credit and escrow to ensure <br />that all site improvements are installed and maintained to the City's specifications and <br />satisfaction, and to establish conditions for fixture development of the site. <br />10. Payment of development fees as established in Resolution No. 6474 or as follows: <br />a. Park Dedication Fee: $255,300.00 <br />b. Stormwater and Drainage Trunk Fee: $195,010.00 <br />NOW, THEREFORE, BE IT RESOLVED that based on the findings of <br />Resolution No. 6474, the City Council of the City of Orono does hereby approve the plat of <br />LAKEVIEW, Hennepin County, Minnesota (a copy of which is attached as Exhibit B) subject to <br />the following conditions: <br />Page 2 of 5 <br />