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�O�rO CITY OF ORONO <br /> RESOLUTION OF THE CITY COUNCIL <br /> ti� Lti4 NO. 7579 <br /> t'kESH04� <br /> d. Signed Developers Agreement and Letter of Credit (in the city's format) for <br /> construction of improvements. <br /> C4.Plat approval fees to be paid: Total due: $47,384.10 <br /> a. Stormwater and Drainage Trunk Fee: $47,384.10. <br /> C5.Staging: Final platting will go to the City Council with a draft of the final plat mylars. The <br /> draft final plat must be approved by the City Council. Before building permits are issued, <br /> approval of the draft final plat, recording of the development agreement, and easement <br /> much be completed. Final mylars can be record once the building is substantially <br /> completed. Building final and Certificate of Occupancy will be held until the Final Plat for <br /> the applicable buildings are recorded with Hennepin County. The developers are <br /> proposing a constructing Buildings 1 and 2 in 2025. Separate Final Plat approval will be <br /> required when Building 3,4, and 5 are proposed to be constructed. <br /> C6.Violation of or non-compliance with any of the terms and conditions of this resolution <br /> may result in the termination of any authority granted herein. <br /> C7.According to City Code Section 82-116, this Preliminary Plat approval shall be <br /> effective for one year, until April 28, 2026. Failure to file a complete final plat <br /> application within this period shall be construed as a formal withdrawal of the proposed <br /> plat and the terms and conditions of this resolution shall be null and void. The applicant <br /> should anticipate the timing of the construction of their project and request any <br /> necessary extensions that may be needed. <br /> ADOPTED by the Orono City Council on this 28th day of April, 2025. <br /> ATTEST: CITY OF ORONO: <br /> /t <br /> Ch 'sti e Lusi _City Clerk Alisa Benson, Acting Mayor <br /> 10 <br />