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3.6. SR 08-04-2008REQUEST FOR ACTION To Item Number Ci Council 3.6. Agenda Section Meeting Date Prepared by Consent Au ust 4, 2008 erem Barnhart, Plannin Mana er Item Description Reviewed by Development Agreement for Renner 4th Addition Reviewed by Action Requested Council approval of the attached development agreement fox Renner 4~' Addition. Background/Discussion The City Council approved the final plat for Renner 4th Addition on June 16th, 2008. Since then, staff and the City Attorney have been working on a development agreement to clearly define the construction and payment parameters associated with the development, including the street construction. The attached agreement has been reviewed by the City Attorney and the developer. Financial Impact N/A Attachments ^ Development Agreement Action Motion by Second by Vote Follow Up S:\Council\Plannuig\Renner 4th DA.doc Development Agreement RENNER 4TH ADDITION Final Plat approved by the Elk River City Council June 16, 2008 Development Agreement August 4, 2008 Developer Agreement Renner 4"' Addition Page 2 Table of Contents 1. Warranty of Developer 2. Improvements 3. Installation of Improvements 4. City Installed Improvements 5. Required Prepayement of Assessments 6. Default 7. Park Dedication 8. Security for Developers Performance 9. Additional Conditions 10. Issuance of Building and Occupanry Permits 11. General Provisions Exhibit A Legal Description Exhibit B Resolution of approval Exhibit C Development Plan Checklist Exhibit D Cost Estimate Form Exhibit E Consent of Mortgage. Exhibit F Summary of Payments Due Exhibit G Terry Maurer memos dated May 20, 2008 Exhibit H Rebecca Haug memos dated May 19, 2008 Exhibit I Reduced copy of Final Plat C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4`" Addition Page 3 DEVELOPER AGREEMENT FOR RENNER 4TH ADDITION THIS AGREEMENT, made and entered into this 4~ day of August, 2008, by and between the CITY OF ELK RIVER, a municipal corporation organized under the laws of the State of Minnesota (the City), and Renner Land Development, LLC., (the Developer). WITNESSETH: WHEREAS, the Developer has made application to the City for approval of a final plat of land within the City described on Exhibit A attached hereto (the Subdivision); and WHEREAS, the City Council adopted Resolution No. 08 - 42 on June 16, 2008, (attached as Exhibit A hereto) granting final plat approval to the Subdivision, subject to several conditions, including a condition that Developer enter into an agreement with the City governing the provision of certain utilities, services and facilities to the Subdivision and the transfer of certain land interests and payments to the City, so as to fully comply with the Subdivision Ordinance; NOW, THEREFORE, in consideration of the premises and the mutual promises and conditions hereinafter contained, it is hereby agreed as follows: 1_,) Warrani_y of Developer -Developer hereby warrants and represents to the City, as inducement to the City's entering into this Agreement, that Developer is the owner of certain real property "THE PROPERTY" legally described in EXHIBIT B attached hereto consisting of 21.20 acres of unimproved land located in the City of Elk River, Sherburne County, Minnesota. The Developer intends to improve and develop The Property for Light Industrial use "THE DEVELOPMENT", or "THE. PROJECT" OR "THE SUBDIVISION". A reduced copy of the proposed final plat is attached as EXHIBIT C. 2.) Improvements - In accordance with the application materials submitted by Developer, the preliminary and final plats of the Subdivision, the City Council Resolution attached as Exhibit A hereto, and the applicable standards and ordinances of the City, the following described Improvements (the Improvements) shall be constructed and installed on the terms and conditions hereinafter contained: (01) Site grading to elevations shown in the approved grading and drainage (Site Grading); C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4"' Addition Page 4 (02) Streets, as required by the City, including grading, graveling and stabilizing, constructing permanent street surfacing with bituminous material, installing concrete curbs, gutters and driveway approaches, and installing traffic control street signs as required the City Engineer and installing street lights as required by the local utility (Street Improvements) ; (03) Storm sewers, as required by the City, including all necessary catch basin, ditches, inlets, retention areas and other appurtenances (Storm Sewer Improvements) ; (04) Temporary and permanent erosion and sediment control measures as required by the approved Storm Water Pollution Prevention Plan (SWPPP Improvements). (05) Survey Monuments -Durable iron survey monuments shall be set, pursuant to Minnesota Statutes, Section 505.02, Subd. 1, within one (1) year after recording of the final plat of the Subdivision. Developer shall provide in writing notice to the City a Surveyor's certification that all monuments have been set. (06) Mailboxes, in a style and location approved by the City of Elk River, shall be provided prior to occupancy of any unit. 3.) Additional Regulatory Approvals - All additional regulatory approvals required for construction of the Improvements or development of the Subdivision shall be obtained before commencement of construction on the Improvements. Additional approvals may include but are not limited to the Department of Health permits for the extension of water; Minnesota Pollution Control Agency permits for the extension of sanitary sewer or cluster on-site treatment systems; National Pollutant Discharge Elimination System permits for grading; Department of Natural Resources permits for water appropriations; and/or Army Corps of Engineers permits for construction of sedimentation ponds. 4.) Installation of Improvements -The following Improvements will be installed at Developer's expense by Developer as hereinafter provided. (01) Developer shall construct and install at Developers .sole expense all Improvements necessary to fully complete the development the Subdivision, including those Improvements identified in Exhibit D, attached hereto, except as may otherwise be set forth in this Agreement. The installation of the Improvements shall be subject to review, approval, inspection and authorization by the City and/or its consulting engineer, as provided in this agreement. (02) Deadline for Performance by Developer -Except as otherwise provided herein, Developer agrees to complete all Improvements and perform all other acts as are required by the Subdivision Ordinance, other applicable ordinances and the terms and conditions of this agreement ,and resolution No. 08-42 and to do so on or before December 31, 2009. (03) Approval of Contractor -The City reserves the right to approve any contractor selected by the Developer. (04) Construction Plans -The construction, installation, materials and equipment shall be in accordance with plans and specifications approved by the City Engineer. Such plans and specifications shall be based upon such engineering surveys, including soil borings and material tests, determined to be necessary by the City Engineer. C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4t'' Addition Page 5 (05) Supervision and City Services -Construction and installation plans and activity shall be reviewed by and subject to the supervision of the City. Developer will cause the contractor(s) to inform the City's representatives of the schedule to complete the Improvements as required in the approvals. City shall inspect all Improvements during and after construction for compliance with approved specifications. Developer will notify the City Engineer or his designee at such times during construction as the City Engineer requires for inspection purposes. (06) Ci Fees -Developer shall reimburse the City for all the City's costs and expenses incurred in the processing of the Subdivision and for review of plans and construction observation and in regard to any action or event of default by Developer, resulting in any suit or proceeding at law or in equity to which the City shall become a party in reference to the Developer's interest in the property or the project. Such compensation shall be due and payable to the City within thirty (30) days following the receipt of a statement therefore. To assist in the timely payment of these costs and expenses, the Developer shall escrow funds in the amount of Ten (10) percent of the estimated costs of the Improvements to be applied to the City's costs and expenses. (07) Easements -The Developer shall convey to the City, prior to the final approval of plans and specifications and at no cost to the City, all permanent and temporary easements for the installation and maintenance of all Improvements determined to be necessary by the City. All such easements shall be in recordable form acceptable to the City and contain such terms and conditions as the City may prescribe. (08) Insurance -Developer shall cause each contractor engaged in the construction and installation of any Improvement to furnish the City with evidence acceptable to the Ciry showing insurance coverage (including workers' compensation, liability and property damage) in such amounts as are required for City construction contracts. Developer shall also maintain adequate liability insurance for public use of Streets, Sidewalk and other Improvements until such time as those Improvements are completed and accepted by City as provided herein, and shall hold the City harmless and indemnify the City from any liability arising out of the public's use of said Improvements until such time as those Improvements are completed and accepted by the City as provided herein. (09) Faithful Performance of Construction Contracts -Developer will fully and faithfully perform the installation and construction of the Improvements in accordance with the approved plans and specifications therefore and shall comply with all terms of any and all contracts entered into by the Developer fox the installation and construction of all such Improvements, at no expense to the City. Developer hereby guarantees the workmanship and materials respecting such Improvements for a period of one (1) year following the City's final acceptance of the Improvements and agrees to repair or replace, as directed by the City, and at Developer's sole cost and expense, any work or materials that become defective, in the sole opinion of the City, within said one (1) year period even though notice thereof be given by the City after said one (1) year period. (10) City Acceptance -The City shall accept, at no cost, ownership of all Improvements provided that such Improvements have been constructed in compliance with the plans and specifications therefore and City requirements with respect thereto as determined by the Ciry. C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4`" Addition Page 6 5.) City Installed Improvements (01) The Subdivision will have no City installed Improvements. 6.) Required Prepavment of Assessments (01) There are no assessments levied against the subdivision. 7.) General Provisions (01) Binding Effect -The terms and provisions hereof shall be binding upon, and inure to the benefit of the heirs, representatives, successors and assigns of the parties hereto and shall be binding upon all future owners of all or part of the Subdivision and shall be deemed covenants running with the land. References herein to Developer, if there be more than one, shall mean each and all of them. This Agreement shall be placed of record so as to give notice hereof to subsequent purchasers and encumbrances of all or any part of the Subdivision, and all recording fees, if any, shall be paid by the Developer. (02) Severable - In the event that any portion of this Agreement shall be held invalid for any reason, the same shall not affect in any respect whatsoever the validity of the remainder of this Agreement. (03) Waiver -Any waiver, whether express or implied, by any party of a breach of any provision of this Agreement will not operate as or be construed to be a waiver of any subsequent breach of this Agreement. (04) Construction Times. All construction activities shall be confined to the following hours of operation: Monday -Friday 7:00 AM unti18:00 PM Saturday 8:00 AM unti15:00 PM Sunday Not Allowed This does not apply to activities that are required on a 24-hour basis such as dewatering, etc. Any deviation from the above hours is subject to approval of the City Council. (05) Street Construction - No street construction will be allowed after November 1 or prior to May 15 unless approved by the City Engineer. (06) Snowplowing -Until the Improvements are accepted by the City or the first lift of blacktop is installed, the developer is responsible for snow removal and ensuring access by Emergency Response equipment. (07) Mailboxes -All mailboxes be clustered, and in a style and location acceptable to the City of Elk River. (08) Histo Any item or condition found that indicates the site is likely to yield information important to pre-history or history shall be reported to the city immediately, and the city reserves the right in such event, to stop work immediately until the subdivision is appropriately investigated and developer is authorized to recommence work. C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4t'' Addition Page 7 8.) Park Dedication -Park dedication requirements shall be satisfied by paying a park dedication fee in the amount of $28,605.60, ($2,320 per acre for 12.33 acres in the Subdivision) prior to release of the final plat for recording. 9.) Development Plan - Purposefully Left Blank 10.) Landscaping Purposefully Left Blank 11.) Wetlands/ NPDES (01) National Pollutant Discharge Elimination System Requirements -Prior to the commencement of grading the Developer shall provide a signed Storm Water Pollution Prevention Plan for City review and approval to control erosion from the site. Because the site is over one (1) acre, the Developer shall also apply for and obtain an NPDES permit from the Minnesota Pollution Control Agenry. 12.) Additional Conditions -Developer specifically agrees to the conditions attached as Exhibit A to City Council Resolution No. 08 - 42, which conditions are hereby specifically incorporated into this Agreement and made a part hereof. Developer also agrees to the following conditions: (01) The development shall meet all applicable fire codes. The Fire Chief shall verify the location of all fire hydrants, and may require additional hydrants necessary to preserve the health and safety. (02) Surface Water Management Fee -Developer shall pay surface water management fees in the amount of Thirteen Thousand, three Hundred Sixteen and 40/100 dollars ($13,316.40), ($1,080 per acre) for each lot in the Subdivision prior to release of the final plat for recording. (03) Seal coating -Developer shall pay the City for the first seal coating of streets in the Subdivision in the amount of Seven Thousand Five Hundred and 00/100 Dollars ($7,500) prior to recording of the final plat. (04) Engineer Comments. The Public Works Director's comments, dated May 20, 2008 be incorporated into the plans, attached as Exhibit G. (05) Environmental Comments. All comments contained in Environmental Technicians memo dated May, 19, 2008 shall be addressed, attached as Exhibit H. (06) An association shall be established for the shared well system, identifying and sharing maintenance and use costs. (07) Approved Street Signage plan shall be submitted prior to Final Plat application. C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4"' Addition Page 8 (08) All required subdivision/park information shall be provided in an electronic format (.dwg file) as required by the City Ordinance and Land Use Application prior to recording of the plat. (09) This approval of the Preliminary Plat shall expire after 1 year, unless the property owner or owners agent has submitted a Final Plat or letter of request for extension. (10) In addition to the easements shown on the preliminary plat, the following easements shall be provided: A. Temporary cul-de-sac B. Utility easements for the shared well 13.) Securityfor Developer's Performance - (01) No work shall be commenced under this Agreement, and the Final Plat of the Subdivision will not be released for recording, until the Developer has filed with the City a cash deposit or an irrevocable and unconditional Letter of Credit acceptable to the City, in the amount of Three Hundred Thousand and 00/100 Dollars ($300,00.00),. Said Letter of Credit shall also provide that funds shall be paid to the City upon written demand of the City to the extent of default herein by Developer in the payment of any amount due or the performance of any other duty or obligation of Developer. pursuant to this Agreement, including Developer's obligations to complete Developer Improvements, to complete and maintain erosion control devices, and to make payment of any amounts due hereunder. (02) The security provided in accordance with the above may be released quarterly, on March 31, June 30, September 30 and December 31 of each year. The amount released each quarter will equal the amount of work completed by the Developer during the quarter, except that: (i) the security will not be released to an amount less than the amount of Developer's total indebtedness to the City pursuant to the terms of this Agreement,; and, (ii) the security will not be released below One Hundred Thousand and no 00/100 Dollars ($100,000), until all Improvements pursuant to this Agreement have been completed in full, accepted and all other obligations of Developer under this Agreement have been fulfilled, and to fulfill the requirements of the Wetland Mitigation, if applicable. (03) The Letter of Credit shall contain a provision that states that the Letter of Credit shall be automatically renewable annually unless the issuer of the Letter of Credit first gives the City 30 days written notice by certified mail of its intent not to renew the Letter of Credit. The letter of credit shall also contain a minimum initial period of 1 year. The Letter of Credit shall be a guaranty to the City that the Improvements and all other requirements set forth in this Agreement will be timely completed to the City's satisfaction. The Letter of Credit shall be maintained continuously by the Developer, except as reductions are authorized by the City, until the Improvements are completed to the City's satisfaction, including certification by the City engineer that all items are satisfactorily completed, pursuant. to this Agreement. The Letter of Credit shall have no conditions and shall be subject to being drawn upon by the City upon any default under this Agreement, including failure to pay contractors, subcontractors or costs or expenses owed to the City. If at any C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4`h Addition Page 9 time the City shall draw upon the Letter of Credit, the Developer agrees that within 10 days upon being notified of such withdrawal by the City, Developer shall either pay the deficient amount in cash to the City or have the Letter of Credit restored to its full amount 14.) Default Acceleration on Default - In the event Developer, or its heirs, successors or assigns, violates any of the covenants and agreements herein contained, or fails to pay any amount due to the city, the City, at its option, in addition to its other rights and remedies, by written notice of default given to the Developer, may declare all amounts to be paid by the Developer pursuant to this Agreement, ,due and payable in full, with interest, immediately, or on such date as the City shall specify in its notice of default to Developer. If Developer fails to make payment in the amount and at the time specified in the City's notice of default to Developer, City may, at its option, draw on the security provided by Developer pursuant to Section 8 of this Agreement and/or commence legal action against Developer to collect the entire amount owed by Developer, ,including reasonable attorneys' fees. Developer shall be personally liable for such amounts due and, if more than one, such liability shall be joint and several. 15.) Issuance of Building and OccuQancy Permits (01) Building Permits -The City will not issue any building permit (a permit issued for construction of a structure to be sold and occupied by a new owner) for any lot or parcel in the Subdivision until all small and large utilities are installed and streets are paved with the first lift of pavement. (02) Occupancy Permits -City will not issue a certificate of occupancy (said certificate will allow the structure to be transferred to a new owner for the purpose of permanent occupancy) for any building constructed on any lot or parcel in the Subdivision until all Improvements (first lift of paving only) are completed, approved by the City Engineer and accepted by the City. 16.) Miscellaneous (01) Final Plat Apbroval -The City's final approval of the Subdivision plat is hereby made conditional upon the execution and delivery of this Agreement and the City's receipt of all petitions, security and other items specified herein. (02) Filing of Final Plat and Developer Agreement -Before construction commences on the Improvements, the Final Plat of the Subdivision and this Developer Agreement must be filed and recorded and all necessary easements shall have been conveyed to the City, unless the City authorizes in writing the commencement of lirnited construction activities. (03) Incorporation by Reference -All plans, special provisions, proposals, specifications and contracts for the Improvements to be made pursuant to this Agreement shall be and hereby are made a part of this Agreement by reference as fully as if set forth herein in full. C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4"' Addition Page 10 (04) No Replacement -This Agreement is in addition to and is not in replacement of the . terms and conditions of the Petition for Public Improvements and Waiver of Right to Public Hearing and Right to Object relating to the Subdivision executed by Developer. 17.) Notices -All notices and demands specified herein shall be deemed appropriately and timely given when delivered personally or deposited in the United States mail to the addresses hereinafter set forth by certified mail (return receipt requested). The addresses of the parties hereto are as follows until changed by written notice given as above: If to the City at: Ciry of Elk River Attn: City Administrator 13065 Orono Parkway Elk River, Minnesota 55330 If to the Developer at: Renner Land Development, LLC Attn: Raymond Renner 15688 Jarvis Street NE Elk River, MN 55330 Dennis L Sharp 10907 93Td Avenue North Osseo, MN 55369 IN WITNESS WHEREOF, the City and Developer have caused this Agreement to be duly executed on this day and year first above written. CITY OF ELK RIVER By: By: Stephanie Klinzing Its: Mayor By: Tina Allard Its: Ciry Clerk DEVELOPER: Raymond Renner Its: Secretary C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4"' Addition Page I I STATE OF MINNESOTA COUNTY OF SHERBURNE ss. The foregoing instrument was acknowledged before me this day of , 2008, by Stephanie Klinzing and Tina Allard, the Mayor and City Clerk, respectively, for the City of Elk River, Minnesota. Notary Public STATE OF MINNESOTA COUNTY OF SHERBURNE ss. The foregoing instrument was acknowledged before me this day of , 2008, by Raymond Renner Notary Public This instrument was drafted by: The City of Elk River 13065 Orono Parkway Elk River, MN 55330 C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4"' Addition Page 12 EXHIBIT A Resolution 08-42 C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4"' Addition Page 13 EXHIBIT B LEGAL DESCRIPTION Legal description of the subject property is Outlot A and Lot 1, Block 1 RENNER THIRD ADDITION, subject to roadway easements, Sherburne County, Minnesota. C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4"' Addition Page 14 EXHIBIT C Final Plat C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4"' Addition Page 15 EXHIBIT D Cost Estimate Form C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4"' Addition Page 16 EXHIBIT E Left Blank C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4t" Addition Page 17 EXHIBIT F Left Blank C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4"' Addition Page 18 EXHIBIT G Public Works Comments C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4"' Addition Page 19 EXHIBIT H EnviYOnmental Technician Comments C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4t'' Addition Page 20 EXHIBIT I Consent of Mortgagee C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc Developer Agreement Renner 4"' Addition Page 21 EXHIBIT J Summary of Payments Due $30,000 .00 City Fees escrow deposit Section 4.06 $28,605.60 Park Dedication Section 8 $13,316.40 Surface Water Management fee Section 12.02 X7,500 00 Seal coating Section 12.03 $ 79,422.00 Total C:\Documents and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\DEVELOPER AGREEMENT.doc