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Resolution 2015-02CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: January 12, 2015 MOTION BY: McDonald RESOLUTION NO: 2015 -02 SECONDED BY: Tiornhom A RESOLUTION MODIFYING STORM WATER FEES FOR CHANHASSEN RETAIL FOURTH ADDITION WHEREAS, on November 10, 2014, the City Council approved Resolution #2014 -74 approving the final plat for Chanhassen Retail Fourth Addition creating one lot and one outlot; and WHEREAS, Condition #2 of Resolution #2014 -74 required the applicant to submit $25,000 in lieu of constructing a stormwater facility; and WHEREAS, the $25,000 amount was based upon the consulting engineer's opinion of cost to construct a stormwater facility; and WHEREAS, the estimate of the cost to construct the stormwater facility has been modified based on using an different pre - treatment technology; and WHEREAS, the recommended revised cash requirement in lieu of constructing a stormwater facility is $18,500. NOW, THEREFORE, BE IT RESOLVED that the City Council approves the following modification to Condition #2 of Resolution 2014 -74 as follows: 2. The applicant shall submit $18,500 in lieu of constructing stormwater best management practices to be used exclusively for the improvement of the water quality downstream of the site. ATTEST: odd Gerhardt, City Clerk/Manager Denny Laonburger,64ayor YES NO ABSENT Campion Laufenburger McDonald Ryan Tjornhom