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� O� <br /> O 4 <br /> ' � CITY of ORONO <br /> ,a a� � <br /> ��t '�r �G~' RESOLUTION OF THE CITY COUNCIL <br /> `gkESH�4 NO. � � � �,� <br /> 5. The Developer shall establish covenants providing that the homeowners association will <br /> be responsible for all future maintenance of the stormwater ponds and facilities. <br /> 6. Approval is subject to Minnehaha Creek Watershed District (MCWD) approval and <br /> permits as required. Final plat approval shall not be granted until the Developer has <br /> provided evidence that all required MCWD permits have been obtained. <br /> 7. Developer shall create a private road on the Property providing access to Leaf Street. <br /> Approval is subject to provision of the standard Road, Drainage and Utility Easements to <br /> be granted to the City over the road outlot. The Developer shall establish a homeowner's <br /> association as well as the necessary road maintenance agreements, etc. to ensure that the <br /> private road will be maintained to reasonable standards at all times by a homeowner's <br /> association, and that failure of that private group to so maintain their private road will be <br /> cause for the City to accomplish needed maintenance and to assess the benefited <br /> properties for the direct cost of such maintenance. The private road shall be subject to a <br /> "Declaration of Covenants, Conditions, Restrictions and Private Roadway Easement" <br /> either as a separate document or incorporated into the development covenants. The <br /> private road shall be constructed to a 28-foot paved width curb-face to curb-face. The <br /> private road may be designed to preserve existing vegetation, subject to approval of the <br /> City Engineer. Final road design plans indicating the extent of the curb and gutter system <br /> shall be submitted for Council review prior to final plat approvaL <br /> 8. Development Fees <br /> A. Park Dedication Fee. The development is subiect to the standard Park Dedication <br /> Fee requirement. Because the value of each newly created lot will be in excess of <br /> the threshold value of $69,375,00 the 8% park fee cap of $5,550 per lot will <br /> apply. Park dedication fee will be 121ots x $5,550= $66,600. <br /> B. Storm Water and DrainaQe Trunk Fee. The development is subject to the standard <br /> Storm Water and Drainage Trunk Fee of $3,0�0 per acre x 40.1 gross acres = <br /> $122,305. <br /> 9. City Engineer Approval. Approval is subject to the on�oing recommendations of the <br /> City Engineer. <br /> Page5of10 <br />