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98-88 A CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: September 28, 1998 RESOLUTION NO: 98-88a MOTION BY: Senn SECONDED BY: Engel A RESOLUTION APPROVING THE FINAL PLAT FOR SUBDMSION 95-18 FOR CHANHASSEN EAST BUSINESS CENTER 4TM ADDITION BE IT RESOLVED by the Chanhassen City Council that the final plat of Chanhassen East Business Center 4th Addition is hereby approved with the following conditions: 1. Park and trail dedication fees to be collected per city ordinance. The applicant shall enter into a site plan agreement with the city and provide the necessary financial security in the form of a letter of credit to guarantee compliance with the permit and conditions of approval. The applicant shall provide the city engineer with an engineering estimate for site improvements which involve the relocation or adjustment of public improvements, i.e., sanitary manhole, gate valve adjustment, curb and sidewalk removal and provide security in the form of a letter of credit or cash escrow to guarantee improvements. The installation of traffic signals at the intersection of Lake Drive East and Dell Road is expected in the future. The developer shall be responsible for a share of the local cost participation of this signage on a percentage basis based upon traffic generation from full development of this site in relation to the total traffic volume on Dell Road. The developer and/or property owner shall waive any and all procedural and substantive objections to the special assessment, including but not limited to, hearing requirements or any claim that the assessment exceeds the benefit to the property. 5. The developer shall pay the city administration fees in accordance with city ordinance at time of signing the final plat. 6. The developer shall pay the city SWMP fees in accordance with city ordinance. Passed and adopted by the Chanhassen City Council this 28th day of September, 1998. ATTEST: Don Ashworth, City Manager Nancy K. Mancino, Mayor YES NO ABSENT Mancino Berquist Engel Senn None Mason