No Date Prelim Items to be Included in DA
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Pilot Land Development-Golf Course PUD
Preliminary Items To Be Included in Developer's Agreement
F or Discussion Purposes Only
The following points have been tentatively agreed upon by the Developer and City Staff
and are proposed to be contained in the Concept Plan PUD agreement. Both the
Developer and Staff would like keep the City Council informed on which direction the
structure of the PUD agreement is heading. We would appreciate it if the City Council
would review these items and comment on any it wishes to see modified. A fInished
PUD agreement will be presented to the City Council at a later date, assuming that the
Council favors the entire package.
At this time we envision a master PUD agreement containing all conditions of the
PUD approval. As each phase is developed, an abbreviated developer's agreement will
be prepared which will address phase-specifIc items, such as the amount of the letter of
credit, park dedication issues, and other such items. To date, the following concepts are
proposed:
1. The Developer will pay for and install all municipal improvements (streets, sewers,
water, curb, gutter, ponding, etc.)
2. A 100% letter of credit will secure the installation of all municipal improvements, and
a 50% letter of credit will secure the installation of all on- and off-site improvements
(sod, driveways, etc.). Letters of credit for each phase will be provided to the City as the
fmal plat for each phase is approved.
3. Some streets will remain private and be maintained by a homeowner's association
(the streets serving the south and north duplexes).
4. The concept plan will be "written in" to the Developer's Agreement such that the
number of lots, status of lots (single family or duplex) location of lots, and location of
streets shall be fIxed as shown on the concept plan. The golf course area will be
restricted for use only as a golf course, and may not be used for any other purpose
without the consent of the City Council.
5. Developer will pay a trunk line fee per City ordinance for all land platted (including
the golf course?)
6. The Developer will rough grade the golf course in 1998, at the same time that it is
developing the phase one properties. If the rough grade is not completed, no further
residential land will be allowed to be platted until the rough grade is fInished.
7. The Developer will have the entire golf course turf established, will begin
construction of the club house, and will open the course for business, all occurring during
the summer of 1999. Once established and opened, developer shall be free to proceed
with the development of all residential phases. The exact sequencing restrictions have
not been completely set yet-I anticipate that this will be discussed at tonight's City
Council meeting. The Developer anticipates receiving a liquor license from the City for
its club house.
8. There will be no letter of credit for the golf course. Security for completion of the
golf course is the remaining residential land. If the golf course is not completed, many of
the residential units will remain undeveloped until the golf course is completed.
9. Several approaches have been suggested for Park dedication fees. The planning
commission favors requiring land to be dedicated only where shown on the concept plan,
with the remainder in cash, and with the park dedication fee to be frozen (at the level to
be adopted this fall) until December 31,2001. An alternative approach would be to
require the land to be dedicated as shown on the plat, but would not freeze the fees. The
Developer would pay whatever fee the ordinance in effect requires at the time each fmal
plat is approved. Also a decision needs to be made as to how to treat the golf course
itself for park dedication purposes. I recommend that it be treated as a commercial
property, subject to a cash payment of 5% (or whatever the ordinance may be amended to
read) of its value at the time of platting. Either the assessor's value can be used or a
private appraiser can be retained to appraise the value of the property.
10. The Developer will oil Kadler Drive (or put a thin 2-inch pavement topping on Kadler
if the City engineer requires it) until Phase 3 in Cedar Creek North is developed, at which
time Karsten shall be constructed and paved. If Phase 3 is not constructed by 2001, the
City can require the Developer to construct Karsten by October 15, 2001.
11. Staff are under the assumption that the Council wants to have the Developer install
paved trails in the development, with the cost of the trails offset against the required park
dedication fees. Is this a correct assumption?
12. St. Michael still needs to approve the golf course (I believe by conditional use).
13. The standard terms of Albertville's developer's agreements will be contained in the
fmal agreement but have been omitted from this condensed summary.