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2002-47• 0 CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: Mav 28, 2002 RESOLUTION NO: 2002-47 MOTION BY: Peterson SECONDED BY: Avotte A RESOLUTION APPROVING DEVELOPMENT CONTRACT AND CONSTRUCTION PLANS AND SPECIFICATIONS FOR LAKE LUCY RIDGE PROJECT NO 01-03 WHEREAS, the applicant submitted detailed construction plans and specifications for the above mentioned project. NOW, THEREFORE, BE IT RESOLVED that the Chanhassen City Council approves the plans and specifications for Lake Lucy Ridge Project No. 01-03, dated May 3, 2002, prepared by Mattke Surveying & Engineering, and the development contract dated May 28, 2002 with the following conditions: 1. The applicant shall enter into the development contract and supply the City with a cash escrow or letter of credit in the amount of $712,791 and pay an administration fee of $56,642. 2. The applicant's engineer shall work with City staff in revising the construction plans to meet City standards. Passed and adopted by the Chanhassen City Council this 28th day of 2002. ATTEST: !'A' W Todd Gerhardt, City Manager YES Labatt Boyle Ayotte Peterson Steve Labatt, Acting Mayor NO None F.111- 91►1111 Jansen