Laserfiche WebLink
���p CITY OF ORONO <br /> RESOLUTION OF THE CITY COUNCIL <br /> yF G`� NO. 688 � <br /> t'�kES H O��' <br /> 8. A Development Contract including provision of financial security including a Letter of <br /> Credit and escrow to ensure that all site improvements are installed and maintained to the <br /> City's specifications and satisfaction, and to establish conditions for future development <br /> of the site shall be executed. <br /> 9. The aforementioned Letter of Credit shall be submitted. <br /> 10. Payment of Development Fees: <br /> a. Park Dedication Fee: $11,100. <br /> b. Stormwater and Drainage Trunk Fee: $9,075.00. <br /> c. Municipal Water Connection Charge: $4,240.00. <br /> d. Final Plat Application Fee: $500.00. <br /> 11. The City Clerk shall release the plat documents for filing only upon certification by the City <br /> Attorney, Community Development Director and City Engineer that all requirements of the <br /> platting regulations have been satisfied. <br /> 12. The aforesaid plat shall be filed by the City of Orono with Hennepin County on or before <br /> November 29, 2018 together with a certified original copy of this resolution and executed <br /> copies of the easements and covenants pertinent thereto. <br /> ADOPTED by the Orono City Council on this 25th day of June, 2018. <br /> ATTEST: CITY OF ORONO: <br /> � <br /> nna Carlson, City Clerk Dennis Walsh, Mayor <br /> 3 <br />