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I-1b. Preserve at Rice Lake: Approve DC-Easements-Plans and SpecsCITY OF 7700 Market Boulevard PO Box 147 Chanhassen, MN 55317 Administration Phone: 952.227.1100 Fax: 952.227.1110 Building Inspections Phone, 952.227.1180 Fax: 952.227.1190 Engineering Phone: 952.227.1160 Fax: 952.227.1170 Finance Phone: 952.227.1140 Fax: 952.227.1110 Park & Recreation Phone: 952.227.1120 Fax: 952.2271110 Recreation Center 2310 Coulter Boulevard Phone: 952.227.1400 Fax: 952.227.1404 Planning & Natural Resources Phone: 952.227.1130 Fax: 952.227.1110 Public Works 7901 Park Place Phone: 952.227.1300 Fax: 952.227.1310 Senior Center Phone: 952.227.1125 Fax: 952.227.1110 Web Site www.d.chanhassen.nnn.us MEMORANDUM TO: Paul Oehme, PE, Director of Public Works /City Engineer D FROM: Alyson Fauske, PE, Assistant City Engineer u' DATE: July 28, 2014 OW . SUBJECT: Preserve at Rice Lake: Approve Development Contract, Drainage and Utility Easement, Trail Easement, and Construction Plans and Specifications PROPOSED MOTION "The City Council is recommended to approve the development contract, drainage and utility easement, trail easement and construction plans and specifications for Preserve at Rice Lake conditioned upon the applicant supplying the City with a cash escrow or letter of credit for $1,113,979.19 and pay a cash fee of $183,479.13. City Council approval requires a simple majority vote of the City Council present " The attached development contract incorporates the conditions of approval for the final plat. The financial security is required to guarantee compliance with the terms of the development contract relating to the construction of public streets and utilities, construction of a noise wall, engineering, surveying, and inspection. City funds are not needed as part of this private development project. Staff has reviewed the construction plans and finds that some changes are required. Staff requests that the City Council grant staff the flexibility to administratively approve the plans after working with the developer's engineer to modify the plans accordingly. The plans are available for review in the Engineering Department. The noise wall plans were revised to reflect the wetland conditions within MnDOT right of way where the wall is to be constructed. Staff has not received the latest plans. At a future date, City Council will be asked to enter into an agreement with MnDOT to allow for the noise wall within MnDOT right of way. MnDOT will not release the agreement for review or signatures until their review is complete and all of their comments have been incorporated into the plans. Attachment: Development Contract c: John Knoblauch, J &S Ventures 1, Inc. Chris Ockwig, Probe Engineering g �C° g�R! AlSfilf��lSBSefi•' Cdidlffuidfb�fldr$ �1�° 3�ri19R6R�4rR�6ary�aR &Pf�nflhi�ibFtfoow CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA PRESERVE AT RICE LAKE DEVELOPMENT CONTRACT (Developer Installed Improvements) TABLE OF CONTENTS SPECIAL PROVISIONS PAGE 1. REQUEST FOR PLAT APPROVAL ................................................. ...........................SP -1 2. CONDITIONS OF PLAT APPROVAL ............. ............................... ............................SPA 3. DEVELOPMENT PLANS ............................................................. ............................... SPA 4. IMPROVEMENTS ......................................................................... ............................... SP -2 5. TIME OF PERFORMANCE .............................................................. ...........................SP -2 6. SECURITY ......................................................................................... ...........................SP -2 7. NOTICE .............................................................................................. ...........................SP -3 8. OTHER SPECIAL CONDITIONS ..................................................... ...........................SP -3 9. GENERAL CONDITIONS ................................................................ ...........................SP -9 GENERAL CONDITIONS 1. RIGHT TO PROCEED ...................................................................... ...........................GC -1 2. PHASED DEVELOPMENT ............................................................. ...........................GC-1 3. PRELIMINARY PLAT STATUS ..................................................... ...........................GC -1 4. CHANGES IN OFFICIAL CONTROLS .......................................... ...........................GC -1 5. IMPROVEMENTS ........................................................................ ............................... GC -1 6. IRON MONUMENTS ....................................................................... ...........................GC -2 7. LICENSE ........................................................................................... ...........................GC -2 8. SITE EROSION AND SEDIMENT CONTROL .............................. ...........................GC -2 8A. EROSION CONTROL DURING CONSTRUCTION OF A DWELLING OR OTHER BUILDING ....................................................... ...........................GC -2 9. CLEANUP ........................................................................................ ...........................GC -3 10. ACCEPTANCE AND OWNERSHIP OF IMPROVEMENTS ......... ...........................GC -3 11. CLAIMS ............................................................................................ ...........................GC -3 12. PARK DEDICATION ....................................................................... ...........................GC -3 13. LANDSCAPING ............................................................................... ...........................GC -3 14. WARRANTY .................................................................................... ...........................GC-4 15. LOT PLANS ...................................................................................... ...........................GC -4 16. EXISTING ASSESSMENTS ............................................................ ...........................GC -4 17. HOOK -UP CHARGES ...................................................................... ...........................GC -4 18. PUBLIC STREET LIGHTING .......................................................... ...........................GC -4 19. SIGNAGE .......................................................................................... ...........................GC -5 20. HOUSE PADS ................................................................................... ...........................GC -5 21. RESPONSIBILITY FOR COSTS ..................................................... ...........................GC -5 22. DEVELOPER'S DEFAULT .............................................................. ...........................GC -6 22. MISCELLANEOUS A. Construction Trailers ............................................................. ...........................GC -6 B. Postal Service ......................................................................... ...........................GC -7 C. Third Parties ........................................................................... ...........................GC -7 D. Breach of Contract ................................................................. ...........................GC -7 i E. Severability ............................................................................ ...........................GC -7 F. Building Permits .................................................................... ...........................GC -7 G. Waivers / Amendments ............................................................ ...........................GC -7 H. Release ................................................................................... ...........................GC -7 I. Insurance ............................................................................ ............................... GC -7 J. Remedies ................................................................................ ...........................GC -8 K. Assignability .......................................................................... ...........................GC -8 L. Construction Hours ................................................................ ...........................GC -8 M. Noise Amplification ............................................................... ...........................GC -8 N. Access .................................................................................... ...........................GC -8 O. Street Maintenance ................................................................. ...........................GC -8 P. Storm Sewer Maintenance ..................................................... ...........................GC -9 Q. Soil Treatment Systems ......................................................... ...........................GC -9 R. Variances ................................................................................ ...........................GC -9 S. Compliance with Laws, Ordinances, and Regulations .......... ...........................GC -9 T. Proof of Title .......................................................................... ...........................GC -9 U. Soil Conditions ...................................................................... ..........................GC -10 V. Soil Correction ...................................................................... ..........................GC -10 W. Haul Routes ................................................................................ ..........................GC -10 X. Development Signs .................................................................... ..........................GC -10 Y. Construction Plans ..................................................................... ..........................GC -10 Z. As -Built Lot Surveys ............................................................ ............................... GC -11 ii CITY OF CHANHASSEN DEVELOPMENT CONTRACT (Developer Installed Improvements) PRESERVE AT RICE LAKE ' 1 1 AGREEMENT dated JULY 28, 2014 by and between the CITY OF CHANHASSEN, a Minnesota municipal corporation (the "City"), and, J & S Ventures 1, hic., a corporation under the laws of the State of Minnesota (the "Developer "). 1. Request for Plat Approval. The Developer has asked the City to approve a plat for PRESERVE AT RICE LAKE (referred 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 the Developer enter into this Contract, famish the security required by it, and record the plat with the County Recorder or Registrar of Titles within 30 days after the City Council approves the plat. 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 terns of this Contract, the written terms shall control. The plans are: Plan A: Final plat approved July 28, 2014, prepared by Probe Engineering Company, Inc. Plan B: Grading, Drainage and Erosion Control Plan dated September 30, 2013, prepared by Probe Engineering Company, Inc. Plan C: Plans and Specifications for improvements dated September 30, 2013, prepared by Probe Engineering Company, Inc. Plan D: Landscape Plan dated June 12, 2014, prepared by Probe Engineering Company, Inc. Plan E: Noise Wall Plans dated April 21, 2014, and revised as required by the Minnesota Department of Transportation, prepared by Walker Engineering, hic. 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 M. Noise Wall N. Trail O. Wetland Buffer Signs 5. Time of Performance. The Developer shall install all required improvements except for the wear course on public streets by November 15, 2014. The Developer may, however, request an extension of time from the City Engineer. 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. Security. To guarantee compliance with the terms of this Contract, payment of special assessments, payment of the costs of all public improvements, and construction of all public improvements, the Developer shall famish the City with a letter of credit in the form attached hereto, from a bank acceptable to the City, or cash escrow ( "security") for $1,113,979.19. The amount of the security was calculated as follows: Site Grading $121,000.00 Erosion Control/Restoration $62,815.00 Sanitary Sewer $79,000.00 Watermain $65,000.00 Storm Sewer, Drainage System, including cleaning and maintenance $80,000.00 Streets $187,000.00 Trail $12,000.00 Noise Wall $317,000.00 Sub - total, Construction Costs $923,815.00 Engineering, surveying, and inspection (7% of construction costs) $64,667.05 Landscaping (2% of construction costs) $18,476.30 Street lights and street signs (3 lights at $1,500 and 2 signs at $250) $5,000.00 Wetland buffer signs $750.00 Sub - total, Other Costs $88,893.35 SP -2 TOTAL COST OF PUBLIC IMPROVEMENTS $1,012,708.35 SECURITY AMOUNT 110% of $1,012,708.35 $1,111,979.19 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 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 (1) all improvements have been completed, (2) iron monuments for lot corners have been installed, (3) all financial obligations to the City satisfied, (4) the required "record" plans have been received by the City, (5) a warranty security is provided, and (6) the public improvements are 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 employees or agents, or mailed to the Developer by registered mail at the following address: John Knoblauch J &S Ventures 1, Inc. 1450 Knob Hill Lane Excelsior, MN 55331 Phone: 612 - 490 -4540 Notices to the City shall be in writing and shall mailed to the City by certified mail in care Chanhassen City Hall, 7700 Market Boulevard, Telephone (952) 227 -1100. 8. Other Special Conditions. A. SECURITIES AND FEES be either hand delivered to the City Manager, or of the City Manager at the following address: P.O. Box 147, Chanhassen, Minnesota 55317, A $1,113,979.19 letter of credit or escrow for the developer - installed improvements, the $183,479.13 cash administration fee and the fully- executed development contract must be submitted and shall be submitted prior to scheduling a pre-construction meeting. The cash fee was calculated as follow: Administration Fee (2.5% of $1 million + 1.5% of $12,708.35) $25,190.63 Street Light Charge for Electricity (3 lights @ $300/light) $900.00 GIS fee ($25 for plat + $10 /parcel x 18 parcels) $205.00 Surface Water Management Fee (See #7, page SP -8) $69,983.50 SP -3 Park Dedication Fee (See #G.1, Page SP -6) $46,400.00 Partial Sewer and Water Hookup Fees (See #12, page SP -5) $40,800.00 Total Cash Fees $183,479.13 B. BUILDING OFFICIAL CONDITIONS OF APPROVAL 1. Provide a 1:200 "clean" plat drawing (for addressing). 2. Proposed street -name "PRESERVE COURT' is acceptable. 3. Buildings may be required to be designed by an architect and/or engineer as determined by the Building Official. 4. A final grading plan and soils report must be submitted to the Inspections Division before permits can be issued. 5. Retaining walls over four feet high require a permit and must be designed by a professional engineer. 6. Each lot must be provided with separate sewer and water services. 7. The applicant and or their agent shall meet with the Inspections Division as early as possible to discuss plan review and permit procedures. C. FIRE MARSHAL CONDITIONS 1. An additional fire hydrant will be required at the southwest corner of Lot 1. 2. A 3 -foot clear space must be maintained around fire hydrants. 3. Prior to combustible construction, fire apparatus access roads capable of supporting the weight of fire apparatus shall be made serviceable. 4. Temporary street signs shall be installed prior to and during time of construction. 5. Prior to combustible construction, fire hydrants must be made serviceable. D. ENGINEERING DEPARTMENT CONDITIONS OF APPROVAL Advanced warning and speed advisory signs are required where the design speed is less than 30 mph. 2. The site plan and HydroCAD model must be revised to address the following comments: SP -4 a. Peak discharge rates are proposed to increase at the following locations: i. Runoff leaving the western portion of Wetland A for 2 -, 10- and 100 -year design events. ii. Runoff leaving the site to the north of the eastern portion of Wetland A for a snowmelt event. iii. Runoff leaving the site to the north of the western portion of Wetland A for all events. b. The applicant must provide calculations (or submit a model) demonstrating that the City's requirements for water quality are satisfied. 3. The developer shall replace the 18" culvert north of the site with a new pipe that provides the same capacity. 4. The lowest floor elevation of Lots 1 and 2, Block 1 needs to be adjusted to maintain three feet of separation from groundwater. 5. If groundwater is encountered during site construction, the lowest floor elevations must be adjusted so that there is a minimum 3 -foot separation. 6. The developer must acquire any necessary permits from MnDOT for grading or drainage. 7. It is difficult to discern between the proposed contours, lot lines and setback lines. The developer's engineer is requested to change the drawing line weights. 8. Some homes may choose to install a privately -owned and maintained booster to provide a higher water pressure. 9. The owner of Lot 11, Block 1, The Preserve at Rice Lake must be recorded in favor of 8591 Tigua Lane to allow for the water service installation. This easement shall be recorded with the final plat. 10. An Encroachment Agreement shall be recorded against Lot 11, Block 1, and Outlot A, The Preserve at Rice Lake with the final plat to allow for private water service to 8591 Tigua Lane. 11. Final Plat approval is contingent upon filing the drainage and utility easement on the property to the north, 8591 Tigua Lane. 12. A portion of the trunk sewer and water hookup fees (WAC and SAC, respectively) must be paid in cash with the final plat as follows: WAC 16 units x $1,886 /unit = $30,176 SAC 16 units x $664 /unit = $10,624 SP -5 The remainder of the WAC and SAC fees and the MCES SAC fee shall be paid with the building permit application at the rate in effect at that time. 13. The proposed location of the catch basin on the east side of the cul de sac must be shifted so that it will not conflict with the pedestrian ramp to the trail between Lots 11 and 12, Block 1. 14. The agreement between the City and MnDOT to allow for the construction of the noise wall within MnDOT right -of -way must be executed before the final plat is recorded. 15. A trail easement between Lots 11 and 12, Block 1, must be filed with the final plat. E. ENVIRONMENTAL RESOURCES SPECIALIST CONDITION OF APPROVAL All relocated trees shall be warranted for two seasons and replaced by developer if dead or dying within that time period. All overstory trees must be a minimum of 2.5" in diameter and all understory trees must be a minimum of 1.5" in diameter or 6' in height. F. FIRE MARSHAL CONDITIONS OF APPROVAL 1. An additional fire hydrant will be required at the southwest corner of Lot 1. 2. A 3 -foot clear space must be maintained around fire hydrants. Prior to combustible construction, fire apparatus access roads capable of supporting the weight of fire apparatus shall be made serviceable. 4. Temporary street signs shall be installed prior to and during time of construction. 5. Prior to combustible construction, fire hydrants must be made serviceable. G. PARKS AND RECREATION DIRECTOR CONDITIONS OF APPROVAL 1. Fifty- percent (50 %) of park fees shall be collected inconsideration for the dedication of Outlots A and B. The park fees shall be collected in full at the rate in force upon final plat submission and approval. At today's rate, these fees would total $46,400 (16 lots x $5,800 per lot/2). 2. Construction of the 8 -foot wide neighborhood trail connection from the public street to the southeast corner of the property at connection point to existing trail. SP -6 H. PLANNING DEPARTMENT CONDITIONS OF APPROVAL 1. All lots must comply with the following table: COMPLIANCE TABLE Wetland setback: 20 ft. buffer, 30 ft. principal structure, 15 ft. accessory structure. Front: 25 ft. Rear: 30 ft., accessory structure 15 ft. Side: 10 ft. house, 5 ft. garage SP -7 Area Width Depth Maximum (square (feet) (feet) Barr Notes feet (square feet 60 at PUD 10,000 building 100 30 percent setback L1 B1 1 10,085 129 122 1 3,025 Wetland L2 BI 10,001 90 108 3,000 Wetland L3 Bl 11,324 152 109 3,397 Wetland L4 B1 10,281 76 143 3,084 Wetland L5 Bl 10,103 70 146 3,031 L6 Bl 10,301 63 134 3,090 L7 Bl 10,017 62 128 3,005 L8 Bl 10,000 62 128 3,000 Wetland L9 Bl 10,187 62 129 3,056 Wetland L10 BI 10,024 63 123 3,007 Wetland Lll B1 12,083 65 (building 116 3,625 Wetland setback) L12 B1 65 (building Wetland 10,017 setback 118 3,005 Ll B2 Wetland, * area 108 of neck (4,961 14,085* (building 132 4,225 sq. ft.) excluded setback) from lot area calculations L2 B2 10,781 91 106 1 3,234 Corner lot L3 B2 10,000 106 127 3,000 L4 B2 10,003 90 148 3,001 Outlot A 282,005 6.47 acres open space/wetlands Outlot B 47,560 1.09 acres open space/wetlands ROW 72,332 1 1.66 acres TOTAL 576,299 1 1 13.23 acres Wetland setback: 20 ft. buffer, 30 ft. principal structure, 15 ft. accessory structure. Front: 25 ft. Rear: 30 ft., accessory structure 15 ft. Side: 10 ft. house, 5 ft. garage SP -7 I. WATER RESOURCES COORDINATOR CONDITIONS OF APPROVAL An escrow in the amount of $62,815 will be due with the final plat for erosion and sediment control. 2. There is significant evidence of gully erosion at both off -site discharge locations. Rates must be reduced below existing discharge rates or efforts must be taken to stabilize these discharge points to prevent further channel incision and head cutting. 3. Wetland buffers are required around all wetlands on site. Extend buffer around wetland E. 4. Before permits are issued for any lot adjacent to a wetland, the developer shall install wetland buffer signs as shown on sheet Ll Landscape Plan / Planting Plan. A $750.00 security will be required at time of final plat. 5. Minnesota Department of Transportation right -of -way is outside of the City of Chanhassen's WCA jurisdiction as MnDOT is its own LGU. Chanhassen's review of wetland boundaries ended at the property limits. The applicant must get all appropriate approvals from MnDOT for work on the sound wall. 6. The development must comply with the MN Rules Chapter 6120 and the DNR must issue their concurrence to this effect. 7. Estimated Surface Water Management Connection charges due at the time of final plat are $69,983.50. Provide area of wetland buffer and preservation/volume reduction area after development to accurately calculate credit. 8. The land owner and the selected contractor must provide a Landowner Statement and Contractor Responsibility for Work in Wetlands or Public Waters form to the City prior to working on the road crossing into the site. This form is available on the Board of Soil and Water Resources website. 9. Signs shall be placed along the preservation area to protect the area from encroachment after build out, as shown on Sheet L -1, prior to any permits being issued for any lot. 10. Seeded areas within the outlots shall be established and managed according to guidelines and policies developed by the Minnesota Board of Soil and Water Resources as are available on their website. 11. The applicant shall comply with all MnDOT requirements for any work within their right -of -way, i.e. noise wall, landscaping, etc. 12. Before the final plat is recorded the DNR must approve the wetland vegetation management plan. ME 13. Outlots A and B shall be deeded to the city once the plat is recorded. 14. The applicant must apply for and receive an NPDES permit from the Minnesota Pollution Control Agency and provide evidence to the city prior to grading the site. 15. The following changes need to be incorporated into the SWPPP before any site grading can occur: a. The sheet labeled Appendix C -1: Erosion and Sediment Control Plan shall show erosion control blanket covering the disturbed areas adjacent to the road crossing the wetland and above the 894' contour for the most southwesterly pond. b. All erosion control blanket except in the overland emergency overflow areas shall either be netting free or use jute netting or another biodegradable material approved by the City. c. Topsoil shall be stripped and stockpiled in a berm on the up- gradient side of the silt fence. This shall be indicated on Appendix C -1: Erosion and Sediment Control Plan. d. Sheets L -1 and L -2 shall be added to the SWPPP after Appendix C -2 as these are part of the Final Stabilization Plan for the site. 16. The applicant shall comply with all MnDOT requirements for any work within their right -of -way, i.e. noise wall, landscaping, etc. 9. General Conditions. The general conditions of this Contract are attached as Exhibit "B" and incorporated herein. [Remainder of page intentionally left blank] SP -9 V-W (SEAL) AND: CITY OF CHANHASSEN Thomas A. Furlong, Mayor Todd Gerhardt, City Manager J & S Ventures 1, hic.: RIM STATE OF MINNESOTA ) (ss. COUNTY OF CARVER ) John Knoblauch, Vice President The foregoing instrument was acknowledged before me this day of , 2014, by Thomas A. Furlong, 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 its City Council. NOTARY PUBLIC STATE OF MINNESOTA ) (ss. COUNTY OF ) The foregoing instrument was acknowledged before me this day of 2014, by John Knoblauch, Vice President of J & S Ventures 1, Inc., a corporation under the laws of the State of Minnesota, on behalf of the company. DRAFTED BY: City of Chanhassen 7700 Market Boulevard P.O. Box 147 Chanhassen, MN 55317 (952) 227 -1100 SP -10 NOTARY PUBLIC EXHIBIT "A" TO DEVELOPMENT CONTRACT LEGAL DESCRIPTION OF SUBJECT PROPERTY: All that part of the Northwest Quarter of the Northeast Quarter of Section 24, Township 116, Range 23, Carver County, Minnesota, lying north of MINNESOTA DEPARTMENT OF TRANSPORTATION RIGHT OF WAY PLAT NO. 10 -17, according to the recorded plat thereof, said Carver County. Except the North 30.00 feet of the west half of said Northwest Quarter of the Northeast Quarter. MORTGAGE HOLDER CONSENT TO DEVELOPMENT CONTRACT which holds a mortgage on the subject property, the development of which is governed by the foregoing Development Contract, agrees that the Development Contract shall remain in full force and effect even if it forecloses on its mortgage. Dated this day of 20. STATE OF MINNESOTA ) ( ss. COUNTY OF The foregoing instrument was acknowledged before me this day of 20_, by NOTARY PUBLIC DRAFTED BY: City of Chanhassen 7700 Market Boulevard P.O. Box 147 Chanhassen, MN 55317 (952) 227 -1100 FEE OWNER CONSENT TO DEVELOPMENT CONTRACT fee owners of all or part of the subject property, the development of which is governed by the foregoing Development Contract, affirm and consent to the provisions thereof and agree to be bound by the provisions as the same may apply to that portion of the subject property owned by them. Dated this day of 20_ STATE OF MINNESOTA ) (ss. COUNTY OF ) The foregoing instrument was acknowledged before me this day of 20_, by NOTARY PUBLIC DRAFTED BY: City of Chanhassen 7700 Market Boulevard P.O. Box 147 Chanhassen, MN 55317 (952) 227 -1100 IRREVOCABLE LETTER OF CREDIT No. _ Date: TO: City of Chanhassen 7700 Market Boulevard, Box 147 Chanhassen, Minnesota 55317 Dear Sir or Madam: We hereby issue, for the account of (Name of Developer) and in your favor, our Irrevocable Letter of Credit in the amount of $ , available to you by your draft drawn on sight on the undersigned bank. The draft must: a) Bear the clause, "Drawn under Letter of Credit No. dated 2 of (Name of Bank; b) Be signed by the Mayor or City Manager of the City of Chanhassen. c) Be presented for payment at (Address of Bank) on or before 4:00 p.m. on November 30, 2 This Letter of Credit shall automatically renew for successive one -year terms unless, at least forty- five (45) days prior to the next annual renewal date (which shall be November 30 of each year), the Bank delivers written notice to the Chanhassen City Manager that it intends to modify the terms of, or cancel, this Letter of Credit. Written notice is effective if sent by certified mail, postage prepaid, and deposited in the U.S. Mail, at least forty-five (45) days prior to the next annual renewal date addressed as follows: Chanhassen City Manager, Chanhassen City Hall, 7700 Market Boulevard, P.O. Box 147, Chanhassen, MN 55317, and is actually received by the City Manager at least thirty (30) days prior to the renewal date. This Letter of Credit sets forth in full our understanding which shall not in any way be modified, amended, amplified, or limited by reference to any document, instrument, or agreement, whether or not referred to herein. This Letter of Credit is not assignable. This is not a Notation Letter of Credit. More than one draw may be made under this Letter of Credit. This Letter of Credit shall be governed by the most recent revision of the Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce Publication No. 600. We hereby agree that a draft drawn under and in compliance with this Letter of Credit shall be duly honored upon presentation. W Its CITY OF CHANHASSEN DEVELOPMENT CONTRACT (Developer Installed Improvements) EXHIBIT "B" 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 or Registrar of Title's Office of 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 multiphased 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. Park charges and area charges for sewer and water referred to in this Contract are not being imposed on outlots, if any, in the plat that are designated in an approved preliminary plat for future subdivision into lots and blocks. Such charges will be calculated and imposed when the outlots are final platted into lots and blocks. 3. Preliminary Plat Status. If the plat is a phase of a multi -phased preliminary plat, the preliminary plat approval for all phases not final platted shall lapse and be void unless final platted into lots and blocks, not outlots, within two (2) years after preliminary plat approval. 4. Changes in Official Controls. 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 urban 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 with any amendments to the City's Comprehensive Plan, official controls, platting or dedication requirements enacted after the date of this Contract. 5. 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 GC -1 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 hispector(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 preconstruction 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. 6. 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 certifying that the monuments have been installed. 7. 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. 8. Site Erosion and Sediment Control. Before the site is rough graded, and before any utility construction is commenced or building permits are issued, the erosion and sediment control plan, Plan B, shall be implemented, inspected, and approved by the City. The City may impose additional erosion and sediment control requirements if they would be beneficial. All areas disturbed by the excavation and backfilling operations shall be reseeded forthwith after the completion of the work in that area. Except as otherwise provided in the erosion and sediment 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 and sediment transport. If the Developer does not comply with the erosion and sediment control plan and schedule of supplementary instructions received from the City, the City may take such action as it deems appropriate to control erosion and sediment transport 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 and sediment control requirements. Erosion and sediment control needs to be maintained until vegetative cover has been restored, even if construction has been completed and accepted. After the site has been stabilized to where, in the opinion of the City, there is no longer a need for erosion and sediment control, the City will authorize the removal of the erosion and sediment control, i.e. hay bales and silt fence. The Developer shall remove and dispose of the erosion and sediment control measures. 8a. 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 GC -2 escrow or letter of credit per lot shall also be furnished to the City to guarantee compliance with City Code § 7 -22. 9. 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 streets and the surrounding area that has resulted from construction work by the Developer, its agents or assigns. 10. 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. After 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 engineer shall submit a written statement to the City Engineer certifying that the project has been completed in accordance 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. 11. 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 hrterpleader 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. 12. Park Dedication. The Developer shall pay full park dedication fees in conjunction with the installation of the plat improvements. The park dedication fees shall be the current amount in force at the time of final platting pursuant to Chanhassen City Ordinances and City Council resolutions. 13. Landscaping. Landscaping shall be installed in accordance with Plan D. Unless otherwise approved by the City, trees not listed in the City's approved tree list are prohibited. The minimum tree size shall be two and one -half (2'/2) 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 and sediment 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 six (6) 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 GC -3 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 7 -22 or to satisfy any other requirements of this Contract or of City ordinances. These requirements supplement, but do not replace, specific landscaping conditions that may have been required by the City Council for project approval. 14. Warranty. The Developer warrants all improvements required to be constructed by it pursuant to this Contract against poor material and faulty workmanship. The Developer shall submit either 1) a warranty/maintenance bond for 100% of the cost of the improvement, or 2) a letter of credit for twenty-five percent (25 %) of the amount of the original cost of the improvements. A. The required warranty period for materials and workmanship for the utility contractor installing public sewer and water mains shall be two (2) years from the date of final written City acceptance of the work. B. The required warranty period for all work relating to street construction, including concrete curb and gutter, sidewalks and trails, materials and equipment shall be subject to two (2) years from the date of final written acceptance. C. The required warranty period for sod, trees, and landscaping is one full growing season following acceptance by the City. 15. Lot Plans. Prior to the issuance of building permits, an acceptable 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. 16. Existing Assessments. Any existing assessments against the plat will be re- spread against the plat in accordance with City standards. 17. Hook -up Charges.. At the time of final plat approval the Developer shall pay 30% of the City Sewer Hook -up charge and 30% of the City Water hook up charge for each lot in the plat in the amount specified in Special Provision, Paragraph 8, of this Development Contract. The balance of the hook -up charges is collected at the time building permits are issued are based on 70% of the rates then in effect, unless a written request is made to assess the costs over a four year term at the rates in effect at time of application. 18. Public Street Lighting. The Developer shall have installed and pay for public street lights in accordance with City standards. The public street lights shall be accepted for City GC -4 ownership and maintenance at the same time that the public street is accepted for ownership and maintenance. A plan shall be submitted for the City Engineer's approval prior to the installation. Before the City signs 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 fiunishing electricity and maintaining each public street light for twenty (20) months. 19. Signage. All street signs, traffic signs, and wetland monumentation required by the City as a part of the plat shall be famished and installed by the City at the sole expense of the Developer. 20. 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. 21. 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 acceptance of improvements. This fee does not cover the City's cost for construction inspections. The fee shall be calculated as follows: i) 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 public 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 (2'h %) of construction costs for the first $1,000,000 and one and one -half percent (1 % %) 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. hi addition to the administrative fee, the Developer shall reimburse the City for all costs incurred by the City for providing construction and erosion and sediment control 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 21E of this Agreement. GC -5 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. 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. Record drawings must be submitted within four months of final acceptance of public utilities. All digital information submitted to the City shall be in the Carver County Coordinate system. 22. Developer's Default. In the event of default 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. 23. Miscellaneous. A. Construction Trailers. Placement of on -site construction trailers and temporary job site offices shall be approved by the City Engineer as a part of the pre - construction meeting for installation of public improvements. Trailers shall be removed from the subject property within GC -6 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 Postmaster's 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 permits, 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. Severability. 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 run 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. L 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 evidencing coverage prior to the City signing the plat. The certificate shall provide that the City GC -7 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 from 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 right, power or remedy. K. Assignability. 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, including pick -up and deliveries of material and equipment and the operation of any internal combustion engine, may only occur from 7:00 a.m. to 6:00 p.m. on weekdays, from 9:00 a.m. to 5:00 p.m. on Saturdays with no such activity allowed on Sundays or on legal holidays. Contractors must require their subcontractors, agents and supplies to comply with these requirements and the Contractor is responsible for their failure to do so. Under emergency conditions, this limitation may be waived by the written consent of the City Engineer. If construction occurs outside of the permitted construction hours, the Contractor shall pay the following administrative penalties: First violation $ 500.00 Second violation $ 1,000.00 Third & subsequent violations All site development and construction must cease for seven (7) calendar days 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 this 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 signs 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 GC -8 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. The 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 provisions 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 from the City's ordinances. 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. GC -9 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. The Developer, the Developer's contractors or subcontractors must submit proposed haul routes for the import or export of soil, construction material, construction equipment or construction debris, or any other purpose. All haul routes must be approved by the City Engineer 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 lift 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. 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 four months 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 Mylar 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 (the .dxf file must be tied to the current county coordinate system), (8) digital file of utility tie sheets in either .doc or .tif format, and (9) a breakdown of lineal footage of all utilities installed, including the per lineal foot bid price. 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. Sod and the bituminous driveways must be installed before the as-built survey is completed. If the weather conditions at the time of the as-built are not conducive to paving the driveway and/or installing sod, a temporary Certificate of Occupancy may be issued and the as-built escrow withheld until all work is complete. GC -10 (Reserved for m2pq! g) GRANT OF PERMANENT EASEMENT J & S VENTURES 1, INC., a Minnesota corporation, "Grantor ", in consideration of One Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, does hereby grant unto the CITY OF CHANHASSEN, a Minnesota municipal corporation, the Grantee, hereinafter referred to as the "City", its successors and assigns, forever, a permanent easement for public trail purposes over, on, across, under, and through the land situated in the County of Carver, State of Minnesota, as legally described on the attached Exhibit A and depicted on the attached Exhibit B. INCLUDING the rights of the City, its contractors, agents, servants, and assigns, to enter upon the permanent easement premises at all reasonable times to construct, reconstruct, inspect, repair, and maintain said public trail system over, across, on, under, and through the permanent easement premises, together with the right to grade, level, fill, drain, and excavate the permanent easement premises, the right to access and the further right to remove trees, bushes, undergrowth, and other obstructions interfering with the location, construction, and maintenance of said public trail easement. 177012 The above named Grantor, for itself, it successors and assigns, does covenant with the City, its successors and assigns, that it is well seized in fee title of the above described easement premises; that it has the sole right to grant and convey the easement to the City; that there are no unrecorded interests in the easement premises; and that it will indemnify and hold the City ham-dess for any breach of the foregoing covenants. IN TESTIMONY WHEREOF, the Grantor hereto has signed this document this day of 12014. GRANTOR: J & S VENTURES 1, INC. Lo STATE OF MINNESOTA ) ) ss. COUNTY OF ) John Knoblauch, Its Vice - President The foregoing instrument was acknowledged before me this day of 2014, by John Knoblauch, the Vice- President of J & S VENTURES 1, INC., a Minnesota corporation, on its behalf. Notary Public DRAFTED BY: CAMPBELL KNOTsON Professional Association 317 Eagandale Office Center 1380 Corporate Center Curve Eagan, Minnesota 55121 Telephone: (651) 452 -5000 AMP /jmo 177012 EXHIBIT A To Grant of Permanent Easement An easement for trail purposes across the southerly 15 feet of Lot 11, Block 1, Preserve at Rice Lake, Carver County Minnesota. Together with the northerly 15 feet of Lot 12, Block 1, Preserve at Rice Lake, Carver County, Minnesota. [Remainder ofpage intentionally left blank] 177012 EXHIBIT B To Grant of Permanent Easement MP oT NO. 1514 .W PREPARED FOR: J & 5 Venturesl, INC Legal Description AN "'ANEb, . TRILL IiIEBRSFS AWOA 1NE AYITNEPAY 1] rEET CE LOT II. PLOd( I. PNF9A1£ AT MLE LMF. CML£R CdR1tt YWHFSOTA TIXLTIEP N1M M NER.ERLY 15 oEET Or LOT 12 RE. 1. %,SERK AT Jym LAME. CARYEA MJXTY. MINNESOTA, NOTE: M PLAT OE PRE4 W AT RICE LANE M NOT YET RECORMD AT TPS E. PRESERVE COURT SCALE : Y e 30' 177012 TRAIL EASEMENT LOT 11 EASEMENT /TRAIL ne'E NW�3A 9. LOT 12 13.6] NP•1033£ 3337gE I hereby certify that this le a tme and correct reprefentalion of a lmel Oe shown and deswlbed hereon. As preowed by me this 16TH A�f��d�o�y�offpMLY. 2014. -A" � p d --�Mlnn. Reg. No. 19086 RUSSELL P. OAMLO it MORTGAGE HOLDER CONSENT TO EASEMENT a national banking association, which holds a mortgage on all or part of the property more particularly described in the foregoing Grant of Permanent Easement, which mortgage is dated , and recorded as Document No. with the office of the Registrar of Titles for Carver County, Minnesota, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, does hereby join in, consents to and subjects its interest in the property subject to the foregoing Grant of Permanent Easement. 0 STATE OF MINNESOTA ) ) ss. COUNTY OF ) The foregoing instrument was acknowledged before me this 2014, by the a national banking association, on its behalf. Notary Public DRAFTED BY: CAMPBELL KNITsoN Professional Association 317 Eagandale Office Center 1380 Corporate Center Curve Eagan, Minnesota 55121 Telephone: (651) 452 -5000 AMP /jmo 177012 day of of GRANT OF PERMANENT EASEMENT STEVEN D. LEHTO AND CAROL JEAN I. LEHTO, husband and wife, "Grantors ", in consideration of One Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, do hereby grant unto the CITY OF CHANHASSEN, a Minnesota municipal corporation, the Grantee, hereinafter referred to as the "City ", its successors and assigns, forever, a permanent easement for public drainage and utility purposes over, on, across, under, and through the land situated in the County of Carver, State of Minnesota, legally described on attached Exhibit "A" and depicted on the attached Exhibit "B ". INCLUDING the rights of the City, its contractors, agents, servants, and assigns, to enter upon the permanent easement premises at all reasonable times to construct, reconstruct, inspect, repair, and maintain said public drainage and utility system over, across, on, under, and through the permanent easement premises, together with the right to grade, level, fill, drain, and excavate the permanent easement premises, and the further right to remove trees, bushes, undergrowth, and other obstructions interfering with the location, construction, and maintenance of said public drainage and utility easement. The above named Grantors, for themselves, their heirs and assigns, do covenant with the City, its successors and assigns, that they are well seized in fee title of the above described 172ossv2 easement premises; that they have the sole right to grant and convey the easement to the City; and that there are no unrecorded interests in the easement premises. IN TESTIMONY WHEREOF, the Grantors hereto have signed this document this ( day of `� U d klt) Carol Jean I. Lehto STATE OF MINNESOTA ) ss. COUNTY OF CARVER ) The foregoing instrument was acknowledged before me this Zf day of 294T by Steven D. Lehto and Carol Jean I. Lehto, husband and wife. Garrett Louis Williamson rroaywaro -awn r�amm�e��u1m THIS INSTRUMENT WAS DRAFTED BY: CAMPBELL KNUTSON Professional Association 317 Eagandale Office Center 1380 Corporate Center Curve Eagan, MN 55121 Telephone: 651- 452 -5000 AMP /cjh 172055v1 2 172055v2 EXHIBIT A A permanent easement for drainage and utility purposes lying over, under and across that part of Lot 1, Block 1, RICE LAKE MANOR, Carver County, Minnesota lying 10.00 feet on each side of the following described centerline: Beginning at a point on the south line of said Lot 1, Block 1, distant 232.54 feet westerly from the southeast corner thereof; thence North 0 degrees 49 minutes 54 seconds East a distance of 140.23 feet and said centerline there terminating. 172055vl 172055v2 All U 4 \\ sa3 Ni �•[ 5 � smaro C' W J U e m \\ 1 \ � I I \ \ \ io k �' uiitl S iga7BBB8B@"83R�t r 5 g y {S ;EL �� c� � m�➢ � ate \ € @p app �tg� }g' KA „ q9 $oExas3% i Consent of Lien Holder Wells Fargo Bank N.A. ( "Lien Holder "), is the current holder of a Mortgage dated January 26, 2012 as recorded in Document No. A549961 County of Carver State of Minnesota, and hereby consents to the grant of the foregoing Grant of Permanent and Temporary Easement by Steven D Lehto and Carol Jean I. Lehto, husband and wife, to the City of Chanhassen, a Minnesota Municipal Corporation, and joins in the execution hereof solely as Lien Holder and hereby does agree that in the event of the foreclosure of said mortgage, or other sale of said property described in said mortgage under judicial or non - judicial proceedings, the same shall be sold subject to said Grant of Permanent and Temporary Easement. The foregoing indemnification provisions shall not be enforceable against Wells Fargo Bank, N.A. and any successors or assigns taking title to the property after foreclosure or deed in lieu. SIGNED AND EXECUTED this � day of January 2014. Wells Fargo Bank NA B f. V Laura E. Valentine STATE of MARYLAND COUNTY of FREDERICK BEFORE ME, the undersigned authority, on this day personally appeared Laura E. Valentine, Vice President, of Wells Fargo Bank, N.A. known to me to be the person and Officer whose name is subscribed to the foregoing instrument and who acknowledged to me that he /she executed the same for the purposes and consideration therein expressed, in the capacity therein stated, as the act and deed of said Bank. GIVEN UNDER MY HAND AND SEAL OF OFFICE THIS `% Day of January 2014. Cam- /J Anthony Mur y, Notary Public State of Maryland PUBLIC `:y< My commission expires: June 14, 2017 PUBLIC � CG 6,11, XFINES 6ilA/201] R k'co