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CITY OF ORONO <br /> RESOLUTION OF THE CITY COUNCIL <br /> 1. <br /> N O. ,4 i.s <br /> I�(EsHOS`" <br /> f) Any additional plans and specifications deemed necessary by the <br /> City as review progresses. <br /> 11. Platting Process. <br /> Applicant shall complete all requirements for Final Plat Approval as follows. The <br /> following list of final submittals must be submitted to the Zoning Administrator 2 <br /> weeks prior to the regularly scheduled Council meeting on the second and fourth <br /> Mondays of the month. These submittals are as follows: <br /> 1). Record plat drawings in the form of two (3) mylar copies (one copy for the <br /> City's records and one for filing with Hennepin County) and one (1) copy <br /> reduced to 1" =200'. Drawing to include: <br /> A. Dedication of "drainage and utility easements" 10' along exterior <br /> property lines and 5'along the interior property lines.. <br /> B. Naming of plat. <br /> 2). Legal documents required: <br /> A. Title opinion addressed to the City or a title insurance policy in favor <br /> of the City. All owners, mortgage holders or others with property <br /> interest indicated therein shall sign the plat and all other documents <br /> affected by such interest. <br /> B. The applicant must provide certified copies of all recorded <br /> easements currently affecting the property. <br /> D. Signed Developers Agreement and Letter of Credit for construction <br /> of improvements. The City Engineer shall establish the amount to <br /> be provided in the Letter of Credit. <br /> E. Signed Trail Easement over the southerly 10 feet of the property. <br /> 3). Final plat application fee to be paid <br /> 12. Development Agreement. Development Approval is contingent upon the <br /> successful execution of a Development Agreement between the applicant and the <br /> City. Such Agreement shall address all specific City requirements for the <br /> development. <br /> 13. Financial Guarantee. The Development Agreement shall include a <br /> financial guarantee by the applicant to ensure the completion of site improvements. <br /> The City Engineer shall complete an estimate of improvement costs, including but <br /> Page 13 <br />