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2008-09-03 LOC Reduction4800 Olson Memorial Highway, Suite 202, Golden Valley, MN 55421 MEMORANDUM TO: Larry Kruse, City Administrator Adam Nafstad, City Engineer FROM: Carie Fuhrman and Alan Brixius DATE: September 3, 2008 RE: Albertville — Albertville Plaza 2"d Addition Letter of Credit Reduction Request NAC File No.: 163.05 — 08.08 The developers of Albertville Plaza 2"d Addition have requested a letter of credit reduction. Prior to doing so, the site was inspected to verify if the property is in compliance with the landscaping requirements called for in the project approval. On August 14, 2008, staff visited the Albertville Plaza 2"d Addition development to review the landscaping on -site. When comparing the landscaping that had been planted with the approved Landscaping Plan, staff determined that five (5) plantings were missing on the site. The Landscaping Plan indicates two Serviceberry Clump trees to be located south of the pond, north of the parking lot and in between the Autumn Blaze Maple trees. (The outlined area on the photograph indicates only the approximate area of the missing landscaping). In addition, the Landscaping Plan indicates three Black Hill Spruce trees to be located to the southeast of the pond and to the west of the road. (The outlined area on the photograph indicates only the approximate area of the missing landscaping). A copy of the approved Landscape Plan is included with this memo and has been marked to indicate which plantings are missing. Staff would recommend that these landscaping requirements be fulfilled before a reduction in the letter of credit is given. Encl.: Landscape Plan 2 u 1 z' 7J S `F S2S33,�0 fP� O F = y z ; c t 0 6 - , \, E- O ;> e V; a � F a�a w� mwmm�wwwwQ��gQQ F N N A I � � �LL u5o�2 ��Z�B�Lq�B v�C7w6Wlrn p.F JJJ 3 t m to ` o v Ln - e fA I I I: I 'IG i Ii— h- S c b` -i3 io i E x Q t ' N