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1g Hidden Creek Amendment CITYOF 7700 Iviarket Boulevard PO Box 147 Chanhassen. MN 55317 Administration Phone: 952.227.1100 Fa:<: 952.227.1110 Building Inspections Phone: 952.227.1180 Fa:,;: 952.227.1190 Engineering PHC?_: 952.227.t !60 Fa','.: 952.227.1 i70 Finance Ph,z, ne: 952.227.1140 952.227.'i]10 Park & Recreation pn.?ne. ~.; ~,- ~ ~,~_.;--'..' ,'.~ 120 ~.,.. r~ n~7 · ..... Sa2.~'. ilo 23i,3 CccltarBou!evare Phone: 952.227.i400 Fax: 952.227 !404 Planning & Natural Resources Pt:z, ne: 952.227.1130 F~,- 952.2271110 Public Works i591 Park Road Phone: 952.227.1300 Fa:,:: 952.227.1310 Senior Center Phone: 952.227.1125 Fax: 952.227.1110 Web Site ;,, ,,,,,,,r. Ci.ch.?.n ha$$en.mn.us MEMORANDUM TO: Todd Gerhardt, City Manager FROM: DATE: Bob Generous, Senior Planner September 5, 2002 Consent to Assigmnent of Developer Rights and Amendment of Development Contract for Hidden Creek- Project No. 02-09 BACKGROUND The developer, Matrix Development, LLC, is selling his development, Hidden Creek, a 20-lot single-family subdivision located at Pipewood Curve and Highway 7, to Loch Development, LLC. They have requested that the City approve the attached consent to assignment. The City Attorney has reviewed the document and determined that approval of the consent to assignment of the development rights for Hidden Creek is appropriate. If the council approves, then going forward xve would treat Loch Development, LLC, as the developer and require it to sign and post the necessary security. The City must amend the development contract for the project to change the developer from Matrix Development, LLC, to Loch Development, LLC. Finally, City Council will need to amend the Council agenda for Monday, September 9, 2002, to add this item to the consent agenda. RECOMMENDATION Staff requests that City Council amend the September 9, 2002, agenda adding the following item to the cOnsent agenda and approve motions to approve both items' Approval of the consent of the Assignment and Assumption Agreement Developer Rights and Obligations for Hidden Creek. Approval of amendment of the Development Contract for Hidden Creek . changing developer from Matrix Development, LLC, to Loch Development, LLC. ATTACHMENTS 1. Assignment and Assumption Agreement Developer Rights and Obligations for Hidden Creek 2. Development Contract for Hidden Creek c.' Rick Vogelgesang, President, Lock Development, LLC g:\plan\bg\development reviexvXhidden creek consent to assignment.doc ...... rm~.,.o o~,,..,I,.,,.,,, thri,.,ino businesses, windino trails, and beautiful parks. A aeat place ~' !~,, ,qmk and play. The City of Chanhassen ® ~ orowino community with clean !al.m~ quality schools, a ~-h2 'n CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA HIDDEN CREEK DEVELOPMENT CONTRACT (DeveloPer Installed Improvements) TABLE OF CONTENTS SPECIAL PROVISIONS PAGE , 2. 3. 4. 5. 6. 7. 8. 9. REQUEST FOR PLAT APPROVAL .................... i ....................................................... SP-1 CONDITIONS OF PLAT APPROVAL ........................................................................ SP-1 DEVELOPMENT PLANS ............................................................................................ SP-1 IMPROVEMENTS ........................................................................................................ SP-2 TIME OF PERFORMANCE ................................................................... .. ..................... SP-2 SECURITY · · ................................................................................................................... SP-2 NOTICES .. ..................................................................................................................... SP-3 OTHER SPECIAL CONDITIONS ................................................................................ SP-3 GENERAL CONDITIONS .............. : ............................................................................. SP-7 GENERAL CONDITIONS . 2. 3. 4. 5. 6. 7. 7A. , 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. RIGHT TO PROCEED ................................................................................................. GC-1 PHASE DEVELOPMENT ........................................................................................... GC-1 EFFECT OF SUBDIVISION APPROVAL .................................................................. GC-1 IMPROVEMENTS ....................................................................................................... GC-1 IRON MONUMENTS .................................................................................................. GC-2 LICENSE .............................................................. - ........................................................ GC-2 SITE EROSION CONTROL ........................................................................................ GC-2 EROSION CONTROL DURING CONSTRUCTION OF A DWELLING OR OTHER BUILDING .......................................................... : ................................................. -. ....... GC-2 CLEAN UP ........................................ .. .......................................................................... GC-2 ACCEPTANCE AND OWNERSHIP OF IMPROVEMENTS .................................... GC-2 CLAIMS ......................................................... .. ....................................................... ; ...... GC-3 PARK'AND TRAIl. DEDICATION ............................................................................ GC-3 LANDSCAPING ............................................................ ' ....... ; ..... ' .............. 2 .................. GC-3 WARRANTY ....................................................... - ................. . ..................... - .................. GC-4 LOT PLANS ...................................................................... ' ........................................... GC-4 EXISTING ASSESSMENTS ....................................................................................... GC-4 HOOK-UP CHARGES ................................................................................................. GC-4 PUBLIC STREET LIGHTING .................. ; .................................................................. GC-4 SIGNAGE ..................................................................................................................... GC-4 HOUSE PADS ......................................................... : ............. .. ...................................... GC-4 RESPONSIBILITY FOR COSTS ................................................................................. GC-4 DEVELOPER'S DEFAULT ......................................................................................... GC-6 MISCELLANEOUS A. Construction Trailers ........................................................................................ GC-6 B. Postal Service .................................................................................................... GC-6 C. Third Parties ...................................................................................................... GC-6 D. Breach of Contract ............................... ~ ........................... : ................................ GC-6 E. Severability ....................................................................................................... GC-6 F. Building Permits ............................................................................................... GC-6 G. Waivers/Amendments ....................................................................................... GC-7 H. Release .............................................................................................................. GC-7 I. Insurance ........................................................................................................... GC-7 J. -Remedies ........................................................................................................... GC-7 K. Assignability ..................................................................................................... GC-7 L. Construction Hours ........................................................................................... GC-7 M. Noise Amplification .......................................................................................... GC-8 N. Access ............................................................................................................... GC-8 O. Street Maintenance ............................................................................................ GC-8 P. Storm Sewer Maintenance ................................................................................ GC-8 Q. Soil Treatment Systems .................................................................................... GC-8 R. Variances ........................................................................................................... GC-8 S. Compliance with La~vs, Ordinances, and l~egulations ...................................... GC-9 T. Proof of Title ..................................................................................................... GC-9 U. Soil Conditions ................................................................................................. GC-9 V. Soil Correction .................................................................................................. GC-9 W. Haul l~outes ............................................................................................................ GC-9 X. Development Signs ................................................................................................ GC-9 Y. Construction Plans ............................................................................................... GC- 10 Z. As-Built Lot Surveys ................................................ : .......................................... GC- 10 ii CITY OF CHANI SSEN DEVELOPM-ENT CONTRACT (Developer Tn~qalled Improvements) HIDDEN CREEK SPECIAL PROVISIONS, AGREEMENT dated July 22, 2002 by and between the CITY OF CHANHASSEN, a Minnesota municipal corporation (the "City"), and LOCH DEVELOPMENT, IX.C, a Minnesota Limited Liability Company (the "Developer").. 1. Request for Plat Approval. The Developer has asked the City to approve a plat for Hidden Creek (refen~ to in this Contract as the "plat"). The land is legally described on the attached Exhibit "A". 2. Conditions of Plat Approval. The City hereby approves the plat on condition that thc Developer enter into this Contract and furnish the security required by it. _. 3. Development Plans. The plat shall be developed in accordance with the following plans. The plans shall not be attached to this Contract. With the exception of Plan A, the plans may be prepared, subject to City approval, after entering the Contract, but before commencement of any work in the plat. If the plans vary from the written terms of this Contract, the x~tten terms shall control. The plans are: Plan A: Final plat approved July 22, 2002, prepared by Frank R. Cardarelle, Land Surveyor. Plan B: Grading, Drainage and Erosion Control Plan dated July 15, 2002, prepared by Ryan Engineering. Plan C: Plans and Specifications for Improvements dated July 1, 2002, prepared by Ryan Engineering. Plan D: Landscape Plan dated July 1, 2002, prepared by Ryan En~neering. R~4s~xl 3/2_4/99 SP-1 4. Improvements. The Developer shall install and pay for the following: A. Sanitary Sewer System B. Water System C. Storm Water Drainage System D. Streets E. Concrete Curb and Gutter F. Street Lights G. Site Grading/Restoration H. Underground Utilities (e.g. gas, electric, telephone, CATV) I. Setting of Lot and Block Monuments J. Surveying and Staking K. Landscaping L. Erosion Control 5. Time of Performance. The Developer shall install all required improvements by June 30, 2003. The Developer may, however, request an extension of time from the City. If an extension is granted, it shall be conditioned upon updating the security posted by the Developer to reflect cost increases and the extended completion date. 6. Seeurit3'. To guarantee compliance xvith the terms of this Contract, payment of special assessments, payment of the costs of all public improvements, and construction of all public huprovements, the Developer shall furnish the City with a letter of credit from a bank or cash escrow ("security") for $682,118. The mount of the security was calculated as 110% of the following: ' Site Grading/Restoration $ 79,625.00 Sanitary Sewer $ 66,400.00 Watermain $ 55,500.00 Stoma Sewer, Drainage System, including cleaning mad maintenance $ 107,208.00 Streets $ 224,076.00 Street lights and signs $ 2,700.00 Erosion control $ 8,750.00 Engineering, surveying, and inspection $ 38,098.00 Landscaping $ 37.750.00 TOTAL COST OF PUBLIC IMPROVEMENTS $ 620:107.00 SP-2 This breakdown is for historical reference; it is not a restriction on the use of the security. The security shall be subject to the approval of the City. The security shall be for a term ending November 14, 2003. The City may draw down the security, without notice, for any violation of the terms of this Contract. If the required public improvements are not completed at least thirty (30) days prior to the expiration of the security, the City may also draw it down. If the security is drawn down, the draw shall'be used to cure the default. With City approval, the security may be reduced from time to time as financial obligations are paid, but in no case shall the security be reduced to a point less than 10% of the original amount until all improvements are complete and accepted by the City. 7. Notice. Required notices to the Developer shall be in writing, and shall be either hand delivered to the Developer, its emplo .y~.ms or agents, or mailed to the Developer by registered mail at the following address: Rick Vogelgesang, President & Jeffi'ey Holmers Loch Development, LLC 4100 Berkshire Drive Plymouth, MN 55446 Notices to the City shall be in writing and shall be either hand delivered to the City Manager, or mailed to the City by registered mail in care of the City Manager at the following address: Chanhassen City Hall, 7700 Market Boulevard, P.O. Box 147, Chanhassen, Minnesota 55317, Telephone (952) 227-1100. 8. Other Special Conditions. A. A 50-foot structure setback shall be maintained from TH 7. B. The front of the houses in Block 6 shall be oriented as shown on the preliminary plat. C, Cross access and maintenance agreements shall be recorded against the lots for Lots 1 and 2, Block 6 for the use and maintenance of the private street. D. Prior to final plat approval, a professional civil en~neer registered in the State of - Minnesota must sign all plans. E. The storm sewer must be designed for. a 10-year, 24-hour storm event. The proposed development is required to maintain existing runoff rates. All of the ponds are required to be designed to National Urban Runoff Program (NURP) standards. Drainage and utility easements will need to be dedicated on the final plat over the public storm drainage system including ponds, drainage swales, and wetlands up to the 100-year flood level. The minimum utility easement width shall be 20 feet wide. SP-3 F. G. H, J, Staff recommends that Type II silt fence be used around the ~rading perimeter of the site and that Type III silt fence be used adjacent to all ponds and wetlands, adjacent to all wetland fill areas, areas to be preserved as buffer or, if no buffer is to be preserved, at the delineated wetland edge. A 75-foot minimum rock construction entrance must be added to the entrance that will be accessed during construction. The applicant should be aware that any off-site grading would require an easement fi.om the appropriate property owner. 3.11 upland areas disturbed as a result of construction activities shall be immediately restored with seed and disc-mulched, covered with a wood-fiber blanket or sodded within two weeks of completion of each activity in aeeor~ee with the City's Best Management Practice Handbook. Silt fence shall be removed upon completion of site grading and reestablishment of vegetation. Installation of the private utilities for the site will require permits and inspections through the City's Building Department. Each newly created lot will be subject to City sanitary sewer and water hookup charges at the time of building permit issuance. The 2002 trunk utility hookup charges are $1,383 per unit for sanitary sewer and $1,802 per unit for water. Public utility improvements are required to be constructed in accordance with the City's latest editions of Standard Specifications and Detail Plates. Detailed construction plans and specifications are required at the time of final platting. The applicant shall be required to enter into a development contract with the City and supply the necessary financial security in the form of a letter of credit or cash escrow to guarantee installation of the improvements and the conditions of final plat approval. Permits fi.om the appropriate regulatory agencies must be obtained, including but not limited to the MPCA, Department of Health, Watershed District, Carver County, etc. The applicant shall finance all of the proposed improvements. A registered structural engineer must design any retaining walls in excess of four feet in height. K. Add all applicable 2002 City of Chanhassen Detail Plates to the plans. L, Show all of the existing and proposed easements on the plans. M. Show the location of the outlet control structures for all ponds. N, O! The proposed development will be required to meet the existing stormwater runoff rates for the 10- and 100-year, 24-hour storm events. In areas where the existing utility lines have been abandoned/removed, the existing utility easements must be vacated. SP-4 P. Upon construction of the new access: the existing Pipewood Curve/TH 7 intersection shall be closed, the pavement removed to the edge of the TH 7 right-of-way, and a cul-de-sac turnaround installed at the southwest end of Pipewood Curve. These improvements shall be shown on the plans. Qo The proposed private street must be built to a 7-ton design and enclosed within a minimum 30-foot wide cross-access easement. The developer shall provide ins-'pecfion reports to the city for the private street. R, On the utility plan: - Combine the pond inlets to the southern pond to have just one apron entering the pond. - Keep the hydrants on the same side of the street as the watermain. S! On the grading plan: - Show the benchmark used for the site survey. - Show all pond contour elevations. - Show the location of the 75-foot rock construction entrance. T! Wetland replacement must occur in a manner consistent with the Minnesota Wetland Conservation Act (MR 8420) and the conditions of Wetland Alteration Permit #2002-1. U, All structures shall maintain a 40-foot setback fi.om the edge of the wetland buffer or, if no wetland buffer is proposed, from the edge of the wetland. The following wetland buffers shall apply: 0 feet- side yard of Lot 2, Block 2, rear yards of Lots 1, 2, and 3, Block 3, and Lot 2, Block 4; 10 feet - side yard of Lot 2, Block 1, rear yards of Lot 2, Block 1, LOt 2, Block 2, LOts 1 and 4, Block 4, Lots 1, 2, 3, 4 and 5, Block 5, and Lots 1 and 2, Block 6; and 20 feet - side yard of Lot 5, Block 5, rear yards of LOts 1 and 2, Block 1, LOts 1 and 2, Block 2, Lots 3, 5 and 6, Block 4. V. Drainage and utility easements shall be provided, over all existing wetlands, wetland ' mitigation areas and storm water ponds. . W. Erosion control blanket shall be installed on all slopes greater than or equal to 3:1. X. Based on the proposed developed area of 11.5 acres, the water quality fees associated with this project are $9,200; the water quantity fees are $22,770. The applicant will receive credit for water quality where NURP basins are provided to treat runoff fi.om the site and outlet control structures are installed. The total SWMP fee, due payable to the City at the time of final plat recording, is $19,126. Y, The applicant shall resubmit for city approval a landscaping plan that includes 166 trees. The plant list shall be revised as follows: increase the number of large trees to 75, change Colorado Blue Spruce to White Spruce, change Emerald Lustre Maple to Autumn Blaze Maple, and change Pin Oak to Bicolor Oak. ' -' SP-5 Z! BB. CC. DD. EE. FF. GG. HH. LL. The applicant shall meet the minimum number and types of plantings required for the buffer yard along the south property line. The applicant shat1 provide landscaping screening in depth rather than all at the property line. Proposed boulevard planting along all public streets shall be located outside of the right-of- way. Planting and maintenance of these trees will be the responsibility of the developer/development. All structures shall maintain a 50-foot setback from the ordinary high water level (OHW) of the creek between Lake Minnewashta and Lake Virginia. In lieu of the OHW, it is acceptable to survey the banks of the creek and show that with a 50-foot setback on the final plans. All structures shall meet the 50-foot setback from the creek banks. The developer shall work with staff tO dispose of the construction debris, furniture and appliances on site properly. The developer shall work with staff to ensure uninterrupted stream flows. The developer shall post a sign that the northerly extension street will be extended in the future and the cul-de-sac is only temporary. A final grading plan and soils report must be submitted to the Inspections Division before building permits will be issued. Payment of full park fees in lieu of parkland dedication or construction. Payment of full trail fees in lieu of construction of any section of the city's comprehensive trail plan. Provide for a sidewalk connection from Hidden Creek Estates to the Hennepin County Regional Railroad Authority/Three Rivers Park District Light Rail Transit route multi-use trail, including procurement/transfer of all applicable easements and permits. Abandon and/or remove all of the existing sanitary sewer and watermain in the rear yard area of Block 3. The proposed sewer and water lines in Pipewood Curve shall be designed to serve the area. In order for MnDOT to complete the Pipewood Curve/TH7 intersection realignment, Matrix Development must provide the City with funds in the amount of $100,0000. These funds will then be transferred from the City to MnDOT for the intersection costs. The applicant shall enter into the development contract and supply the City with a cash escrow or letter of credit in the amount of $682,118 and pay an administration fee of $52,018. SP-6 MM. The applicant's en~neer shall work with City staff in revising the construction plans to meet City standards. 9. General Conditions. The general conditions of this Contract, approved by the City Council on February 23, 1998 are attached as Exhibit "B" and incorporated herein. SP-7 CITY OF CHANHASSEN (SEAL) BY: Linda C. Jansen, Mayor Todd Gerhardt, City Manager LOCH DEVELOPMENT, LLC BY: Rick Vogelgesang, President STATE OF MINNESOTA ) COUNTY OF CARVER ) The foregoing instrument was acknowledged before me this ~ day of , 20~, by Linda C. Jansen, Mayor, and by Todd Gerhardt, City Manager, of the City of Chanhassen, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by it~ City Council. NOTARY PUBLIC STATE OF MINNESOTA ) COUNTY OF ) The foregoing instrument was acknowledged before me this __ day of , 20 , by Rick Vogelgesang, President of Loch Development, LLC, a Minnesota Limited Liability Company. DRAFTED BY: City of Chanhassen 7700 Market Boulevard P.O. Box 147 Chm~mssen, MN 55317 (952) 227-1100 NOTARY PUBLIC SP-8 EXHIBIT "A" TO DEVELOPMENT CONTRACT LEGAL DESCRIPTION OF SUBJECT PROPERTY: That part of the Southeast Quarter of the Northwest Quarter of Section 6, and that part of the Southwest Quarter of the Northwest Quarter of Section 5 all in Township 116 North, Range 23 West of the 5th Principal Meridian, lying Easterly of the Easterly right-of-way line of Hennepin County Regional Railroad Authority, Northeasterly of PLEASANT ACRF_3 2~r° ADDITION, Northwesterly of the Northwesterly right-of-way line of State Trunk Highway No. 7, Southerly and Southwesterly of the following described "Line A". LINE A: Commencing at the Northeast comer of said Southeast Quarter of the Northeast Quarter of Section 6; thence on an assumed bearing of South, along the East line of said Southeast quarter of the Northeast Quarter, a distance of 120.00 feet to the point of beginning of said "Line A"; thence on a bearing of East a distance of 634.00 feet; thence Southeasterly to a point on a line 10.00 feet Northerly of and parallel with the center line of abandoned Great Northern Railway, distance 1011.60 feet Northeasterly of the point of tangency of said parallel line and said "Line A" there terminating. SP-9 CITY OF CHANHASSEN DEVELOPMENT CONTRACT (Developer Installed Improvements) EXHIBIT "B" GENERAL CONDITIONS 1. Right to Proceed. Within the plat or land to be platted, the Developer may not grade or otherwise disturb the earth, remove trees, construct sewer lines, water lines, streets, utilities, public or private improvements, or any buildings until all the following conditions have been satisfied: 1) this agreement has been fully executed by both parties and filed with the City Clerk, 2) the necessary security and fees have been received by the City, 3) the plat has been recorded with the County Recorder's Office 6f the County where the plat is located, and 4) the City Engineer has issued a letter that the foregoing conditions have been satisfied and then the Developer may proceed. 2. Phased Development. If the plat is a phase of a mulfiphased preliminary plat, the City may refuse to approve final plats of subsequent phases if the Developer has breached this Contract and the breach has not been remedied. Development of subsequent phases may not proceed until Development Contracts for such phases are approved by the City. 3. Effect of Subdivision Approval. For two (2) years from the date of this Contract, no amendments to the City's Comprehensive Plan, except an amendment placing the plat in the current t~rban service area, or official controls shall apply to or affect the use, development density, lot size, lot layout or dedications of the approved plat unless required by state or federal law or agreed to in writing by the City and the Developer. Thereafter, notwithstanding anything in this Contract to the contrary, to the full extent permitted by state law the City may require compliance xvith any amendments to the City's Comprehensive Plan,. official controls, platting or dedication requirements enacted after the date of this Contract. 4. Improvements. The improvements specified in the Special Provisions of this Contract shall be installed in accordance with City standards, ordinances, and plans and specifications which have been prepared and signed by a competent registered professional engineer furnished .to the City and approved by the City Engineer. The Developer shall obtain all necessary permits from the Metropolitan Council Environmental Services and other pertinent agencies before proceeding with construction. The City will, at the Developer's expense, have one or more construction inspectors and a soil engineer inspect the work on a full or part-time basis. The Developer shall also provide a qualified inspector to perform site inspections on a daily basis. Inspector qualifications shall be submitted in writing to the City Engineer. The Developer shall instruct its project engineer/inspector to respond to questions from the City Inspector(s) and to make periodic site visits to satisfy that the construction is being performed to an acceptable level of quality in accordance with the engineer's design. The Developer or his engineer shall schedule a GC-1 preconstmction meeting at a mutually agreeable time at the City Council chambers with all parties concerned, including the City staff; to review the program for the construction work. 5. Iron Monuments. Before the security for the completion of utilities is released, all monuments must be correctly placed in the ground in accordance with Minn. Stat. § 505.02, Subd~ 1. The Developer's surveyor shall submit a written notice to the City cea'tifying that the monuments have been installed. 6. License. The Developer hereby grants the City, its agents, employees, officers and contractors a license to enter the plat to perform all work and inspections deemed appropriate by the City in conjunction with plat development. 7. Site Erosion ControL Before the site is rough graded, .and before any utility construction is commenced or building perm]ts are issued, the erosion control plma, Plan B, shall be implemented, inspected, and approved by the City. The City may impose additional erosion control requirements if they would be beneficial. All areas distu~ed by the excavation and backfilling operations shall be reseeded forthwith af~ the completion of the work in that area. Except as otherwise provided in the erosion control plan, seed shall be certified seed to provide a temporary ground cover as rapidly as possible. All seeded areas shall be fertilized, mulched, and disc anchored as necessary for seed retention. The parties recognize that time is of the essence in controlling erosion. If the Developer does not comply with the erosion control plan and schedule of supplementary instructions received from the City, the City may take such action as it deems appropriate to control erosion at the Developer's expense. The City will endeavor to notify the Developer in' advance of any proposed action, but failure of the City to do so will not affect the Developer's and City's rights or obligations hereunder. No development will be allowed and no building permits will be issued unless the plat is in full compliance with the erosion control requirements. Erosion control needs to be maintained until vegetative cover has been/'estored, even if constmction has been completed and accepteck After the site has been Stabilized to where, in the opinion of the City, there is no longer a need for erosion control, the City will authorize the removal of the emsion'control, i.e. hay bales and silt fence. The Developer shall remove and dispose of the erosion control measures. 7a. Erosion Control During Construction of a Dwelling or Other Building. Before a building permit is issued for construction of a dwelling or other building on a lot, a $500.00 cash escrow or letter of credit per lot shall also be furnished the City to guarantee compliance with City Code § 20-94. 8. Clean up. The Developer shall maintain a neat and orderly work site and shall daily clean, on and off site, dirt and debris, including blowables, from .s!reets and the surrounding area that has resulted from construction work by the Developer, its agents or assigns. 9. Acceptance and Ownership of Improvements. Upon completion and acceptance by the City of the work and construction required by this Contract, the improvements lying .within public easements shall become City property. Atler 'completion of the improvements, a representative of the contractor, and a representative of the Developer's engineer will make a final inspection of the work with the City Engineer. Before the City accepts the improvements, the City Engineer shall be satisfied that all work is satisfactorily completed in accordance with the approved plans and specifications and the Developer and his en~neer shall submit a written statement to the City Engineer certi~ing that the project has been completed in acco~ce with the approved plans and specifications. The appropriate contractor waivers shall also be provided. Final acceptance of the public improvements shall be by City Council resolution. 10. Claims. In the event that the City receives claims from laborers, materialmen, or others that work required by this Contract has-been performed, the sums due them have not been paid, and the laborers, materialmen, or others are seeking payment out of the financial guarantees posted with the City, and if the claims are not resolved at least ninety (90) days before the security required by this Contract will expire, the Developer hereby authorizes the City to commence an Interpleader action pursuant to Rule 22, Minnesota Rules of Civil Procedure for the District Courts, to draw upon the letters of credit in an amount up to 125% of the claim(s) and deposit the funds in compliance with the Rule, and upon such deposit, the Developer shall release, discharge, and dismiss the City from any further proceedings as it pertains to the letters of credit deposited with the District Court, except that the Court shall retain jurisdiction to determine attorneys' fees. 11. Park and Trail Dedication. At the time of issuance of building pemaits for construction, the Developer, its successors or assigns, shall pay to the City the park and trail dedication fees then in force pursuant to Chanhassen City Ordinances and City Council resolutions. One-third (1/3) of the park and trail cash contribution shall be paid contemporaneously with the City's approval of the subdivision. The balance, calculated as follows, shall be paid at the time building permits are issued: rate in effect when a building permit is issued minus the amount previously paid. 12. Landscaping. Landscaping shall be installed in accordance with Plan D. Trees which can cause a public nuisance, such as cotton producing trees, or can be a public'hazard, ~uch as bug infestation or weak bark,-are prohibited. The minimum tree size shall be two and one-half (2½) inches caliper, either bare root in season, or balled and burlapped. -The trees may not be planted in the boulevard (area between curb and property line). In addition to any sod required as a part of the erosion control plan, Plan B, the Developer or lot purchaser shall sod the boulevard area and all drainage ways on each lot utilizing a minimum of four (4) inches of topsoil as a base. Seed or sod shall also be placed on all disturbed areas of the lot. If these improvements are not in place at the time a certificate of occupancy is requested, a financial guarantee of $750.00 in the form of cash or letter of credit shall be provided to the City. These conditions must then be complied with within two (2) months after the certificate of occupancy issued, except that if the certificate of occupancy is issued between October 1 through May 1 these conditions must be complied with by the following July 1st. Upon expiration of the time period, inspections will be conducted by City staff to verify satisfactory completion of all conditions. City staff will conduct inspections of incomplete items with a $50.00 inspection fee deducted from the escrow fund for each inspection. After satisfactory inspection, the financial guarantee shall be returned. If the requirements are not satisfied, the City may use the security to satisfy the requirements. The City may also use the escrowed funds for maintenance of erosion control pursuant to City Code Section 20-94 or to satisfy any other requirements of this Contract or of City ordinances. These requirements GC-3 supplement, but do not replace, specific landscaping conditions that may have been required by the City Council for project approval. 13. Warranty. The Developer warrants all work required to be performed by it against poor material and faulty workmanship for a period of two (2) years atter its completion and acceptance by the City. All trees, grass, and sod shall be warranted to be alive, of good quality, and disease free at the time of planting. All landscape plantings shall be warranted for eighteen (18) months from the time of formal acceptance by the City. The Developer or his contractor(s) shall post a letter of credit or other security acceptable to the City to secure the warranties at the time of final acceptance. The security amount shall be 100% of the total construction cost. 14. Lot Plans. Prior to the issuance of building permits, an accep~le Grading, Drainage, Erosion Control including silt fences, and Tree Removal Plan shall be submitted for each lot for review and approval by the City Engineer. Each plan shall assure that drainage is maintained away from buildings and that tree removal is consistent with development plans and City Ordinance. 15. Existing Assessments. Any existing assessments against the plat will be re-spread against the plat in accordance with City standards. 16. Hook-up Charges. The Developer also acknowledges overall sanitary sewer and water trunk availability to the site and the hook-up charges established by the City as reasonable compensation for oversizing costs previously incurred, as well as, long-term maintenance. Said hook-up charges are collectible at time of building permit unless a written request is made to assess the costs over a four year term at the rotes in effect at time of application. 17. Public Street Lighting. The Developer shall have installed and pay for public street lights in acco~ce with City standards. A plan shall be submitted for the City Engineer's approval prior to the installation. Before the City si~ the final plat, the Developer shall pay the City a fee of $300.00 for each street light installed in the plat The fee shall be used by the City for furnishing electricity for each public street light for twenty (20) months. 18. Signage. All street signs, tra~c signs, and wetland monumentation required by the City as a part of the plat shall be furnished and installed by the City at the sole expense of the Developer. ! 19. House Pads. The Developer shall promptly furnish the City "as-built" plans indicating the amount, type and limits of fill on any house pad location. 20. Responsibility for Costs. A. The Developer shall pay an administrative fee in conjunction with the installation of the plat improvements. This fee is to cover the cost of City Staff time and overhead for items such as review of construction documents, preparation of the Development Contract, monitoring construction progress, processing pay requests, processing security reductions, and final GC-4 acceptance of improvemonts. This fee does not cover the City's cost for construction inspections. The fee shall be calculated as follows: if the cost of the construction of public improvements is less than $500,000, three percent (3%) of construction costs; ii) if the cost of the construction of pubhc improvements is between $500,000 and $1,000,000, three percent (3%) of construction costs for the first $500,000 and two percent (2%) of construction costs over $500,000; iii) if the cost of the construction of public improvements is over $1,000,000, two and one-half percent (2½%) of construction costs for the first $1,000,000 and one and one-half percent (1½%) of construction costs over $1,000,000. Before the City signs the final plat, the Developer shall deposit with the City a fee based upon construction estimates. After construction is completed, the final fee shall be determined based upon actual construction costs. The cost of public improvements is defined in paragraph 6 of the Special Provisions. B. In addition to the administrative fee, the Developer shall reimburse the City for all costs incurred by the City for providing construction inspections. This cost will be periodically billed directly to the Developer based on the actual progress of the construction. Payment shall be due in accordance with Article 20E of this Agreement. C. The Developer shall hold the City and its officers and employees harmless from claims made by itself and third parties for damages sustained or costs incurred resulting from plat approval and development. The Developer shall indemnify the City and its officers and employees for all costs, damages, or expenses which the City may pay or incur in consequence of such claims, including attorneys' fees. D. In addition to the administrative fee, the Developer shall reimburse the City for costs incurred in the enforcement of this Contract, including engineering and attorneys' fees. E. The Developer shall pay in full all bills submitted to it by the City for obligations incurred under this Contract within thirty (30) days after receipt. If the bills are not paid on time, the City may halt all plat development work and construction, including but not limited to the issuance of building permits for lots which the Developer may or may not have sold, until the bills are paid in full. Bills not paid within thirty (30) days shall accrue interest at the rate of 8% per year. F. In addition to the charges and special assessments referred to herein, other charges and special assessments may be imposed such as, but not limited to, sewer availability charges ("SAC"), City water connection charges, City sewer connection charges, and building permit fees. GC-5 G. Private Utilities. The Developer shall have installed and pay for the installation of electrical, natural gas, telephone, and cable television service in conjunction with the overall development improvements. These services shall be provided in accordance with each of the respective franchise agreements held with the City. H. The developer shall pay the City a fee established by City Council resolution, to reimburse the City for the 'cost of updating the City's base maps, GIS data base files, and converting the plat and record drawings into an electronic format. 21. Developer's Default. In the event of de~tlt by the Developer as to any of the work to be performed by it hereunder, the City may, at its option, perform the work and the Developer shall promptly reimburse the City for any expense incurred by the City, provided the Developer is first given notice of the work in default, not less than four (4) days in advance. This Contract is a license for the City to act, and it shall not be necessary for the City to seek a Court order for permission to enter the land. When the City does any such work, the City may, in addition to its other remedies, assess the cost in whole or in part. 22. Miscellaneous. A. Construction Trailers. Placement of on-site construction trailers and temporary job site offices shall be approved by the City En~neer as a part of the pre-constmction meeting for installation of public improvements. Trailers shall be removed fi'om the subject property within thirty (30) days following the acceptance of the public improvements unless otherwise approved by the City Engineer. B. Postal Service. The Developer shall provide for the maintenance of postal service in accordance with the local Postmasters request. C. Third Parties. Third parties shall have no recourse against the City under this Contract. The City is not a guarantor of the Developer's obligations under this Contract The City shall have no responsibility or liability to lot purchasers or others for the City's failure to enforce this Contract or for allowing deviations from it D. Breach of Contract. Breach of the terms of this Contract by the Developer shall be grounds for denial of building p,ermits, including lots sold to third parties. The City may also issue a stop work order halting all plat development until the breach has been cured and the City has received satisfactory assurance that the breach will not reoccur. E. Severabili _t3,. If any portion, section, subsection, sentence, clause, paragraph, or phrase of this Contract is for any reason held invalid, such decision shall not affect the validity of the remaining portion of this Contract. F. Building Permits. Building permits will not be issued in the plat until sanitary sewer, watermain, and storm sewer have been installed, tested, and accepted by the City, and the streets needed for access have been paved with a bituminous surface and the site graded and revegetated in accordance with Plan B of the development plans. G. Waivers~Amendments. The action or inaction of the City shall not constitute a waiver or amendment to the provisions of this Contract. To be binding, amendments or waivers shall be in writing, signed by the parties and approved by written resolution of the City Council. The City's failure to promptly take legal action to enforce this Contract shall not be a waiver or release. H. Release. This Contract shall mn with the land and may be recorded against the title to the property. After the Developer has completed the work required of it under this Contract, at the Developer's request the City Manager will issue a Certificate of Compliance. Prior to the issuance of such a certificate, individual lot owners may make as written request for a certificate applicable to an individual lot allowing a minimum of ten (10) days for processing. I. Insurance. Developer shall take out and maintain until six (6) months after the City has accepted the public improvements, public liability and property damage insurance covering personal injury, including death, and claims for property damage which may arise out of Developer's work or the work of its subcontractors or by one directly or indirectly employed by any of them. Limits for bodily injury and death shall be not less than $500,000 for one person and $1,000,000 for each occurrence; limits for property damage shall be not less than $500,000 for each occurrence; or a combination single limit policy of $1,000,000 or more. The City shall be named as an additional insured on the policy, and the Developer shall file with the City a certificate ex4dencing coverage prior to the City signing the plat. The certificate shall provide that the City must be given ten (10) days advance written notice of the cancellation of the insurance. The certificate may not contain any disclaimer for failure to give the required notice. J. Remedies. Each right, power or remedy herein conferred .upon the City is cumulative and in addition to every other right, power or remedy, expressed or implied, now or hereafter arising, available to City, at law or in equity, or under any other agreement, and each and every right, power and remedy herein set forth or otherwise so existing may be exercised fi:om time to time as often and in such order as may be deemed expedient by the City and shall not be a waiver of the right to exercise at any time thereafter any other fight, power or remedy. K. Assi~. The Developer may not assign this Contract without the written permission of the City Council. The Developer's obligation hereunder shall continue in full force and effect even if the Developer sells one or more lots, the entire plat, or any part of it. L. Construction Hours. Construction hours for required improvements under this contract shall be from 7:00 a.m. to 6:00 p.m. on weekdays, fi:om 9:00 a.m. to 5:00 p.m. on Saturdays with no such activity allowed on Sundays or any recognized legal holidays. Under emergency conditions, this limitation may be waived by the consent of the City Engineer. Any approved work performed after dark shall be adequately illuminated. If construction occurs outside of the permitted construction hours, the Developer shall pay the following administrative penalties: GC-7 First violation $ Second violation $ Third & subsequent violations 500.00 1,000.00 M. Noise Amplification. The use of outdoor loudspeakers, bullhorns, intercoms, and similar devices is prohibited in conjunction with the construction of homes, buildings, and the improvements required under this contract. The administrative penalty for violation of construction hours shall also apply to violation of the provisions in thi~ paragraph. N. Access. All access to the plat prior to the City accepting the roadway improvements shall be the responsibility of the Developer regardless if the City has issued building permits or occupancy permits for lots within the plat. O. Street Maintenance. The Developer shall be responsible for all street maintenance until streets within the plat are accepted by the City. Warning si~ shall be placed by the Developer when hazards develop in streets to prevent the public from traveling on same and directing attention to detours. If streets become impassable, the City may order that such streets shall be barricaded and closed. The Developer shall maintain a smooth roadway surface and provide proper surface drainage. The Developer may request, in writing, that the City plow snow on the streets prior to final acceptance of the streets. The City shall have complete discretion to approve or reject the request. The City shall not be responsible for reshaping or damage to the street base or utilities because of snow plowing operations. The provision of City snow plowing service does not constitute final acceptance of the streets by the City. P. Storm Sewer Maintenance. The Developer shall be responsible for cleaning and maintenance of the storm sewer system (including ponds, pipes, catch basins, culverts and swales) within the plat and the adjacent off-site storm sewer system that receives storm water from the plat. Th~ Developer shall follow all instructions it receives from the City concerning the cleaning and maintenance of the storm sewer system. The Developer's obligations under this paragraph shall end two (2) years after the public street and storm drainage improvements in the' plat have been accepted by the City. Twenty percent (20%) of the storm sewer costs, shown under section 6 of the special pmvisious of this contract, will be held by the City for the duration of the 2-year maintenance period. Q. Soil Treatment Systems. If soil treatment systems are required, the Developer shall clearly identify in the field and protect from alteration, unless suitable alternative sites are first provided, the two soil treatment sites identified during the platting process for each lot. This shall be done prior to the issuance of a Grading Permit. Any violation/disturbance of these sites shall render them as unacceptable and replacement sites will need to be located for each violated site in order to obtain a building permit. R. Variances. By approving the plat, the Developer represents that all lots in the plat are buildable without the need for variances fi'omthe City's ordifiances. S. Compliance with Laws, Ordinances, and Regulations. In the development of the plat the Developer shall comply with all laws, ordinances, and regulations of the following authorities: 1. City of Chanhassen; 2. State of Minnesota, its agencies, departments and commissions; 3. United States Army Corps of Engineers; 4. Watershed District(s); 5. Metropolitan Government, its agencies, departments and commissions. T. Proof of Title. Upon request, the Developer shall furnish the City with evidence satisfactory to the City that it has the authority of the fee owners and contract for deed purchasers to enter into this Development Contract. U. Soil Conditions. The Developer acknowledges that the City makes no representations or warranties as to the condition of the soils on the property or its fitness for construction of the improvements or any other purpose for which the Developer may make use of such property. The Developer further agrees that it will indemnify, defend, and hold harmless the City, its governing body members, officers, and employees from any claims or actions arising out of the presence, if any, of hazardous wastes or pollutants on the property, unless hazardous wastes or pollutants were caused to be there by the City. V. Soil Correction. The Developer shall be responsible for soil correction work on the property. The City makes no representation to the Developer concerning the nature of suitability of soils nor the cost of correcting any unsuitable soil conditions which may exist. On lots which have no fill material a soils report from a qualified soils engineer is not required unless the City's building inspection department determines from observation that there may be a soils problem. On lots with fill material that have been mass graded, as part of a multi-lot grading project, a satisfactory soils report from a qualified soils engineer shall be provided before the City issues a building permit for the lot. On lots with fill material that have been custom graded, a satisfactory soils report from a qualified soils engineer shall be provided before the City inspects the foundation for a building on the lot. W. Haul Routes. Bluff .Creek Drive from Tnmk Highway 212 to Pioneer Trail (CSAH 14) may not be used by the Developer, the Developer's contractors or subcontractors as a haul route for the import or export of soil, construction material, construction equipment or construction debris, or any other purpose. X. Development Signs. The Developer shall post a six foot by eight foot development sign in accordance with City Detail Plate No. 5313 at each entrance to the project. The sign shall be in place before construction of the required improvements commences and shall be removed when the required improvements are completed, except for the final lif~ of asphalt on streets. The signs shall contain the following information: project name, name of developer, developer's telephone number and designated contact person, allowed construction hours. GC-9 Y. Construction Plans. Upon final plat approval, the developer shall provide the City with two complete sets of full-size construction plans and four sets of 11"x17" reduced construction plan sets and three sets of specifications. Within sixty (60) days after the completion of the utility improvements and base course pavement and before the security is released, the Developer shall supply the City with the following: (1) a complete set of reproducible Myhu- as-built plans, (2) two complete full-size sets of blue line/paper as-built plans, (3) two complete sets of utility tie sheets, (4) location of buried fabric used for soil stabilization, (5) location stationing and swing ties of all utility stubs including draintile cleanouts, (6) bench mark network, (7) digital file of as-built plans in both .dxf & .tif format, and (8) digital file of utility tie sheets in either .doc or .tif format. The Developer is required to submit the final plat in electronic format. Z. As-Built Lot Surveys. An as-built lot survey will be required on all lots prior to the Certificate of Occupancy being issued. 'The as-built lot survey must be prepared, signed, and dated by a Registered Land Surveyor. GCml0 ASSIGNMENT AND ASSUMPTION AGREEMENT DEVELOPER RIGHTS AND OBLIGATIONS FOR HIDDEN CRRRK THIS ASSIGNMRNT AND ASS~ON AGRREMRNT is made and entered into the __ day of September, 2002, by and between MATRIX DEVELOPMENT, LLC, a Minnesota limited liability company ("Seller"), and LOCH DEVELOPMENT LLC, a Minnesota limited liability company ("Purchaser"). RECITALS A. Seller desires to assign to Purchaser, and Purchaser desires to assume from Seller, all of Seller's right and interest as applicant and developer for real property located in Chanhassen, Minnesota, to be platted as "Hidden Creek" (the "Property"), ownership of which has this day been transferred to Purchaser. Seller has obtained final plat approval for the Property, but has not yet completed the final plat process. Such assignment and assumption is intended to, and shall, cover final plat application and filing, posting of all security required by the City, development of the Property; and execution of all agreements, including the Developer's Agreement, with the City relating to the development of the Property; and B. Seller and Purchaser desire (i) to effect the assignment to Purchaser of Seller's interest in and rights relating to the Property; and (ii) to evidence the assumption by Purchaser of certain obligations and duties of Seller relating to the Property. AGREEMENT in consideration of the'payment of One Dollar ($1.00) and other NOW, THEREFORE, good and valuable consideration, receipt of which is hereby acknowledged, Seller and Purchaser agree as follows: 1. Assimament, Seller hereby assigns and transfers to Purchaser its interest in and- fights relating to Seller's role as applicant and developer of the Property, and delegates to Purchaser all of its duties and responsibilities relating to the Property performable on or after the date hereof. Seller agrees to indemnify and hold hauuless Purchaser from and against all losses, liabilities, costs and expenses (including reasonable attorney fees) arising prior to the date hereof in connection with any obligation or liability relating to the Property. 2. Assumotion. Purchaser hereby assumes and agrees to pay and perform all of Seller's obligations as applicant and developer of the Property, arising on or after the date hereof to the same extent as if Purchaser had been the original applicant and developer. Purchaser agrees to indemnify and hold harmless Seller from and against all losses, liabilities, costs and expenses (including reasonable attorney fees) arising on and after the date hereof in connection with any obligation or liability relating to the Property. 3. .Consent and Release. By executing this agreement, the City of Chanhassen acknowledges and agrees to look to Purchaser for performance relating to the platting and development of the Property, and releases Seller from all obligations arising thereunder to the extent 2254284vl the same have been assumed by Purchaser. Seller and Purchaser acknowledge that the assignment and assumption evidenced by this agreement shall be valid and effective as between the Seller and Purchaser even in the absence of execution by the City of Chanhassen. IN WITNESS ~F, the parties hereto have camel to be executed and delivered counterparts of this Assigmnent and Assumption Agreement on the date first above written. SELLER: MATRIX DEVELOPMENT, LLC PURCHASER: LOCH DEVELOPMENT, LLC By: By: Frank Them, President Rick Vogelgesang, President CONSENT: CITY OF CHANHASSEN By: Its: 2254284vl