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A-789171 Pleasant View Pointe Development ContractDocument Number: A789171 Filed and/or Recorded on Jul 30, 2025 11:48 AM Office of the County Recorder/Registrar of Titles Carver County, Minnesota Kaaren Lewis, County Recorder Deputy NV Document Recording Fees $ 46.00 Document Total $ 46.00 Requesting Party: CUSTOM HOME BUILDERS TITLE, LLC Pages: 28 This cover page has been added to this document by Carver County Land Records and is now an official part of this recorded document CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA PLEASANT VIEW POINTE DEVELOPMENT CONTRACT (Developer Installed Improvements) Y"}Custom Home Builders Title, LLC 10850 Old County Road 15, #100 Plymouth, MN 55441 TABLE OF CONTENTS SPECIAL PROVISIONS PAGE 1. REQUEST FOR PLAT APPROVAL............................................................................SP-1 2. CONDITIONS OF PLAT APPROVAL........................................................................SP-1 3. DEVELOPMENT PLANS............................................................................................SP-1 4. IMPROVEMENTS........................................................................................................ SP-1 5. TIME OF PERFORMANCE......................................................................................... SP-2 6. SECURITY.................................................................................................................... SP-2 7. NOTICE......................................................................................................................... SP-3 8. OTHER SPECIAL CONDITIONS................................................................................ SP-3 9. GENERAL CONDITIONS........................................................................................... SP-5 GENERAL CONDITIONS 1. RIGHT TO PROCEED.................................................................................................GC-1 2. PHASED DEVELOPMENT........................................................................................GC-1 3. PRELIMINARY PLAT STATUS................................................................................GC-1 4. CHANGES IN OFFICIAL CONTROLS.....................................................................GC-1 5. IMPROVEMENTS.......................................................................................................GC-1 6. IRON MONUMENTS..................................................................................................GC-2 7. LICENSE......................................................................................................................GC-2 8. SITE EROSION AND SEDIMENT CONTROL.........................................................GC-2 8A. EROSION CONTROL DURING CONSTRUCTION OF A DWELLING OR OTHER BUILDING.........................................................................................GC-2 9. CLEAN UP...................................................................................................................GC-3 10. ACCEPTANCE AND OWNERSHIP OF IMPROVEMENTS....................................GC-3 11. CLAIMS.......................................................................................................................GC-3 12. PARK DEDICATION..................................................................................................GC-3 13. LANDSCAPING..........................................................................................................GC-3 14. WARRANTY...............................................................................................................GC-4 15. LOT PLANS.................................................................................................................GC-4 16. EXISTING ASSESSMENTS.......................................................................................GC-4 17. HOOK-UP CHARGES.................................................................................................GC-4 18. PUBLIC STREET LIGHTING.....................................................................................GC-4 19. SIGNAGE.....................................................................................................................GC-5 20. HOUSE PADS..............................................................................................................GC-5 21. RESPONSIBILITY FOR COSTS................................................................................GC-5 22. DEVELOPER'S DEFAULT.........................................................................................GC-6 22. MISCELLANEOUS A. Construction Trailers........................................................................................GC-6 B. Postal Service....................................................................................................GC-7 C. Third Parties......................................................................................................GC-7 D. Breach of Contract............................................................................................GC-7 E. Severability.......................................................................................................GC-7 i F. G. H. I. J. K. L. M. N. O. P. Q. R. S. T. U. V. W. X. Y. Z. BuildingPermits...............................................................................................GC-7 Waivers/Amendments....................................................................................... GC-7 Release.............................................................................................................. GC-7 Insurance........................................................................................................... GC-7 Remedies........................................................................................................... GC-8 Assignability.....................................................................................................GC-8 ConstructionHours...........................................................................................GC-8 NoiseAmplification..........................................................................................GC-8 Access...............................................................................................................GC-8 Street Maintenance............................................................................................GC-8 Storm Sewer Maintenance................................................................................ GC-9 Soil Treatment Systems....................................................................................GC-9 Variances...........................................................................................................GC-9 Compliance with Laws, Ordinances, and Regulations.....................................GC-9 Proofof Title.....................................................................................................GC-9 SoilConditions................................................................................................GC-10 SoilCorrection................................................................................................GC-10 HaulRoutes.......................................................................................................... GC-10 DevelopmentSigns..............................................................................................GC-10 Construction Plans............................................................................................... GC-10 As -Built Lot Surveys........................................................................................... GC-1 I ii CITY OF CHANHASSEN DEVELOPMENT CONTRACT (Developer Installed Improvements) PLEASANT VIEW POINTE SPECIAL PROVISIONS AGREEMENT dated May 19, 2025 by and between the CITY OF CHANHASSEN, a Minnesota municipal corporation (the "City"), and, Rachel Development Inc., a Minnesota corporation (the "Developer"). 1. Request for Plat Approval. The Developer has asked the City to approve a plat for a twenty -lot, single-family home subdivision (referred to in this Contract as the "plat"). The land is legally described on the attached Exhibit "A". 2. Conditions of Plat Approval. The City hereby approves the plat on condition that the Developer enter into this Contract, furnish the security required by it, and record the plat with the County Recorder or Registrar of Titles within 120 days after the City Council approves the plat. 3. Development Plans. The plat shall be developed in general accordance with the Final Plat Plans prepared by the Developer's engineer, Alliant Engineering, dated 07-03-2025. The plans shall not be attached to this Contract. The plans shall be revised after entering the Contract, but must be approved by the City before commencement of any work in the plat. If the plans vary from the written terms of this Contract, the written terms shall control. 4. Improvements. The Developer shall install and pay for all improvements covered by the plans and Contract, including, but not strictly limited to the following: A. Sanitary Sewer System B. Water System C. Storm Water Drainage System D. Streets/ Curb/ Gutter — Peaceful Lane E. Streets/ Curb/ Gutter — Peaceful Lane Reconstruction F. Streets/ Curb/ Gutter — Nez Perce Drive Extension G. Streets/ Curb/ Gutter — Nez Perce Drive Reconstruction H. Grading I. Street Lighting J. Site Grading/Restoration K. Underground Utilities (e.g. gas, electric, telephone, CATV) L. Setting of Lot and Block Monuments M. Surveying and Staking N. Landscaping SP-1 O. Erosion and Sediment Control/SWPPP 5. Time of Performance. The Developer shall install and be accepted by the City all required improvements by August 19, 2026. The Developer may, however, request an extension of time from the City Engineer. If an extension is granted, it shall be conditioned upon updating the security posted by the Developer to reflect cost increases and the extended completion date. 6. Security. To guarantee compliance with the terms of this Contract, payment of special assessments, payment of the costs of all public improvements, and construction of all public improvements, the Developer shall furnish the City with a letter of credit in the form attached hereto, from a bank acceptable to the City, or cash escrow ("security") for $1,777,184.19. The amount of the security was calculated as 110% of the following: Site Grading/Erosion Control/Restoration $254,728.48 Sanitary Sewer $123,499.05 Watermain $184,163.56 Storm Sewer, Drainage System, including cleaning and maintenance $340,685.14 Stormwater Pond Development & Outlet $218,302.71 Streets $314,935.22 Lighting $10,000.00 Mobilization $35,907.85 Sub -total, Construction Costs $ 1,482,222.01 Engineering, surveying, and inspection (7% of construction costs) $103,755.54 Landscaping (2% of construction costs) $29,644.44 Sub -total, Other Costs $133,399.98 TOTAL COST OF PUBLIC IMPROVEMENTS $1,615,621.99 SECURITY AMOUNT (110% of $1,615,621.99 ) $1,777,184.19 This breakdown is for historical reference; it is not a restriction on the use of the security. The security shall be subject to the approval of the City. The City may draw down the security, without notice, for any violation of the terms of this Contract. If the required public improvements are not completed at least thirty (30) days prior to the expiration of the security, the City may also draw it down. If the security is drawn down, the draw shall be used to cure the default. With City approval, the security may be reduced from time to time as financial obligations are paid, but in no case shall the security be reduced to a point less than 10% of the original amount until (1) all improvements have been completed, (2) iron monuments for lot corners have been installed, (3) all financial obligations to the City satisfied, (4) the required "record" plans have been received by the City, (5) a warranty security is provided, and (6) the public improvements are accepted by the City. SP-2 7. Notice. Required notices to the Developer shall be in writing, and shall be either hand delivered to the Developer, its employees or agents, or mailed to the Developer by registered mail at the following address: Rachel Development Inc. Paul Robinson, Development Director 4180 Napier Court NE St. Michael, MN 55376 (763)488-9650 pobinson@racheldevelopment.com Notices to the City shall be in writing and shall be either hand delivered to the City Manager or mailed to the City by certified mail in care of the City Manager at the following address: Chanhassen City Hall, 7700 Market Boulevard, P.O. Box 147, Chanhassen, Minnesota 55317, Telephone (952) 227- 1100. 8. Other Special Conditions. A. FEES Prior to the release of the plat for recording, Developer shall submit to the City $110,200.00 for the following City park dedication fee. Park Dedication Fee $5,800 per new home (1 credit applied for existing home) $110,200.00 Total Fee $110,200.00 2. The City fees listed below shall act as a deduction to the Public Improvement costs and cost sharing in item 3 below. Administration fee (based on estimated construction cost of $1,615,621.99, 2.5% for the first 1,000,000 and 1.5% for the remaining $615,621.99) $34,234.33 GIS fee: 20 parcels @ $31/ arcel + $103 for the plat $723.00 Surface Water Management Fee $126,657.15 Subtotal Fees $161,614.48 Public improvements outside the plat boundaries will be completed by the Developer. The City will reimburse the Developer for that work as it is being completed and accepted, which is summarized below Public Improvements including Cost Sharing Items* $335,406.94 Nez Perce Extension Deferred Assessment Credit $65,000.00 Subtotal Credits $400,406.94 SP-3 *This number is based on the Engineer's Estimate from 7/15/2025. Final quantities are anticipated to modestly change and as such the final reimbursement amount will be adjusted with final quantities, as approved by the City. 4. Based on the Fees outlined in item 2 and item 3 above, the following is a summary of fees and public improvement costs, with the ultimate maximum reimbursement cost from the City to the Developer for public improvements. Upon acceptance of the Required Improvements, the City will tabulate final "City Credits" against "Developer Fees" outlined in item 2 and 3 above and issue payment to the Developer in the event of excess City Credits against Developer Fees. In the event of excess City Credits, payment will be issued by the City to the Developer within 30 days following city acceptance of the applicable improvements. Note that this does not apply to the park dedication fee and the park dedication fee shall be paid by the Developer to the City prior to recording of the Final Plat. Developer Fees 2 $161,614.48 City Credits 3) $400,406.94 Approximate Total Due from City to Developer $238,792.46 X - Remainder of page intentionally left blank - SP-4 B. CONDITIONS OF APPROVAL Forestry: 1. Developer must update the tree survey to include condition of all significant trees to be saved. A significant tree is defined as any tree measuring 10 inches or more DBH; or any coniferous tree measuring 12 feet in height or more. - Remainder of page intentionally left blank - SP-5 Engineering: 1. The developer shall enter into Encroachment Agreements for all private improvements located within public drainage and utility easements or right-of-way, as approved by the City Engineer, prior to issuance of building permits. 2. Coordinate street lighting with the local utility. The Developer shall select "Standard Service". 3. If there are retaining walls with this project, they shall be HOA or privately owned. 4. The Developer will be required to clean & televise all sanitary sewer at connection point and submit the CCTV footage and reporting to the City Engineer for review prior to paving. 5. Developer shall coordinate relocations & installations with private utilities prior to final restoration and wear pavement. 6. The existing sanitary sewer service for Block 1, Lot 4 shall be televised. Footage shall be submitted to the City Engineer for review prior to making the connection. 7. Developer shall apply for and receive all permits required for the improvements. These include and are not limited to MDH Watermain Extension Permit, MPCA Sanitary Sewer Extension Permit, and MCES Sanitary Sewer Permit. - Remainder of page intentionally left blank - SP-6 Water Resources: I . The developer shall enter into a development contract with the City and provide necessary financial security to guarantee compliance with the terms of subdivision approval and construction of infrastructure onsite. 2. It is the developer's responsibility to ensure that permits are received from all other agencies with jurisdiction over the project (i.e. MCWD, DNR, Board of Water and Soil Resources, etc.) prior to the commencement of construction activities. 3. An Operations and Maintenance plan for all proposed BMPs including the inspection frequency, maintenance schedule, and responsible party shall be submitted with the final plans and recorded and finalized prior to any building permits being issued. - Remainder of page intentionally left blank - SP-7 Building: 1. Building plans must provide sufficient information to verify that proposed building meets all requirements of the Minnesota State Building Code, additional comments or requirements may be required after plan review. 2. Building permits must be obtained before beginning any demolition or construction. 3. Private retaining walls, if present, more than four feet high, measured from the bottom of the footing to the top of the wall, must be designed by a professional engineer and a building permit must be obtained prior to construction. Retaining walls, if present, under four feet in height require a zoning permit. 4. A building permit must be obtained prior to demolishing any structures on the site. 5. A final grading plan and soils report must be submitted to the Inspections Division before building permits will be issued. 9. General Conditions. The general conditions of this Contract are attached as Exhibit "B" and incorporated herein. CITY OF CHANHASSEN BY:F2�- a*wj Elise Ryan, MayWr (SEAL) AND: wuft"a4l�w Laurie Hokkanen, City Manager STATE OF MINNESOTA) (ss. COUNTY OF CARVER ) The foregoing instrument was acknowledged before me this L`l day of .J , 20Z-, by Elise Ryan, Mayor, and by Laurie Hokkanen, City Manager, of the City of Chanhassen, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. VON . AMY K. WEIDMAN Notary public•Minnesota Nly C4MMW8jW E Oms Jan 31, 2027 Corn NOTARY PUBLIC SP-9 RACHEL DEVELOPMENT C. BY: David Stradtman, Vice of Development STATE OF MINNESOTA (ss. COUNTY OF ) i The foregoing instrument was acknowledged before me thisO�ay of L, 20a5 by David Stradtman, Rachel Development Inc., a Minnesota corporation, ad behal of the company. DRAFTED BY: City of Chanhassen 7700 Market Boulevard P.O. Box 147 Chanhassen, MN 55317 (952)227-1100 NOT FSEY ELIZABETH BROTZEI Notary Public Minnesota My Commission Expires Jan 31, 2028 SP-10 EXHIBIT "A" TO DEVELOPMENT CONTRACT PID #258710190 (955 Pleasant View Road) All of Lot 1 and that part of Lot 2, Block 3, "Vineland Forest", Carver County, Minnesota, lying Northerly of a line drawn from a point on the East line of said Lot 2 a distance of 53.53 feet North of the Southeast corner of said Lot 2 to a point on the West line of said Lot 2 distant 66.00 feet North of the Southwest corner of said Lot 2 and there terminating. PID # 258700060 (6535 Peaceful Lane) That part of Lots 5 and 6, "Vineland", described as follows: Commencing at the southeast corner of said Lot 5; thence North 89 degrees 16 minutes 34 seconds West, assumed bearing, along the south line of said Lot 5, a distance of 168.62 feet to the actual point of beginning of the tract of land to be herein described; thence North 0 degrees 43 minutes 26 seconds East 32.25 feet; thence North 89 degrees 16 minutes 34 seconds West 179.00 feet; thence South 7 degrees 25 minutes 34 seconds East 129.57 feet; thence South 89 degrees 16 minutes 34 seconds East 160.63 feet; thence North 0 degrees 43 minutes 26 seconds East 96.01 feet to the actual point of beginning, Carver County, Minnesota. Together with an easement for ingress and egress over and across that part of Lot 5, "Vineland", Carver County, Minnesota lying Westerly of the following described line: Commencing at the southeast corner of said Lot 5; thence North 89 degrees 16 minutes 34 seconds West, assumed bearing, along the south line of said Lot 5 a distance of 168.62 feet; thence North 0 degrees 43 minutes 26 seconds East 32.25 feet; thence North 89 degrees 16 minutes 34 seconds West 179.00 feet; thence South 7 degrees 25 minutes 34 seconds East a distance of 32.57 feet, more or less, to a point on the south line of said Lot 5, which point is the point of beginning of the line to be described; thence on a line running North 7 degrees 25 minutes 34 seconds West a distance of 160 feet, more or less, to the intersection of said line with the westerly lot line of said Lot 5, and there terminating. And That part of Lots 5 and 6, "Vineland", Carver County, Minnesota, described as follows: viz: That part of the South 45.25 feet of Lot 5 and of the North 96.01 feet of Lot 6, "Vineland" lying Easterly of a line drawn perpendicular to the South line of said Lot 5 from a point on said South line distant 168.62 feet Westerly along said South line from the Southeast corner of said Lot 5. PID # 258700063 (No Address Assigned) Lot 5, Vineland, Carver County, Minnesota, except that part thereof described as follows, viz: Commencing on the Southeast corner of said Lot 5; thence North 89 degrees 16 minutes 34 seconds West, assumed bearing, along the South line of said Lot 5 a distance of 168.62 feet to the actual point of beginning of the parcel being described; thence North 0 degrees 43 minutes 26 seconds East 32.25 feet; thence North 89 degrees 16 minutes 34 seconds West 179.00 feet; thence South 7 degrees 25 minutes 34 seconds East a distance of 32.57 feet, more or less, to a point on the South line of said Lot 5 (hereinafter referred to as "Point A"); thence Easterly along the South line of said Lot 5 to the point of beginning. Subject to an easement for ingress and egress and utility purposes, appurtenant to and for the benefit of the above described Exception, which said easement is described as all that part of said Lot 5, Vineland, lying Westerly of the following described line: Beginning on the South line of said Lot 5 described above as "Point A"; thence on a line running North 7 degrees 25 minutes 34 seconds West a distance of 160 feet more or less, to its intersection with the Westerly line of said Lot 5 and there terminating. Also excepting from said Lot 5 that part thereof described as follows, viz: A 50.00 foot strip of land over and across Lot 5, Vineland, Carver County, Minnesota, the centerline of said strip is described as follows: Commencing at the Northeast corner of Lot 5; thence South 00 degrees 24 minutes 03 seconds East, on an assumed bearing, along the East line of Lot 5, a distance of 380.86 feet to the point of beginning of the centerline Commencing at the Northeast corner of Lot 5; thence South 00 degrees 24 minutes 03 seconds East, on an assumed bearing, along the East line of Lot 5, a distance of 380.86 feet to the point of beginning of the centerline to be described; thence Westerly, a distance of 29.21 feet along a non -tangential curve concave to the South, said curve having a radius of 198.13 feet, a central angle of 08 degrees 26 minutes 53 seconds and a chord bearing of North 71 degrees 56 minutes 25 seconds West; thence North 76 degrees 09 minutes 51 seconds West tangent to last described curve, a distance of 170.81 feet; thence Northwesterly, a distance of 124.92 feet, along a tangential curve concave to the Northeast, said curve having a central angle of 39 degrees 52 minutes 43 seconds and a radius of 179.48 feet to a point hereinafter referred to as "Point B"; thence continue Northwesterly and Northerly along the last described curve a distance of 124.92 feet and said centerline there terminating. Also excepting, a 50.00 foot strip of land over and across said Lot 5, Vineland, the centerline of said strip is described as follows: Beginning at the above described "Point B"; thence South 53 degrees 42 minutes 49 seconds West, a distance of 100.00 feet and said centerline there terminating. PID #258700062 (No Address Assigned) Lot 6, Vineland, Carver County, Minnesota, except that part thereof described as follows, viz: Commencing at the Northeast corner of said Lot 6, thence North 89 degrees 16 minutes 34 seconds West, assumed bearing, along the North line of said Lot 6, a distance of 168.62 feet to the actual point of beginning of the land to be described; thence South 0 degrees 43 minutes 26 seconds West a distance of 96.01 feet; thence North 89 degrees 16 minutes 34 seconds West a distance of 160.63 feet; thence North 7 degrees 25 minutes 34 seconds West a distance of 97.00 feet to the North line of said Lot 6; thence Easterly along the said North line of Lot 6 to the point of beginning. Excepting from said Lot 5 and said Lot 6 the following described premises: That part of the South 45.25 feet of Lot 5 and of the North 96.01 feet of Lot 6, "Vineland" lying Easterly of a line drawn perpendicular to the South line of said Lot 5 from a point on said South line distance 168.62 feet Westerly along said South line from the Southeast corner of said Lot 5. And Lot 7, Vineland, Carver County, Minnesota, except that part of said Lot 7 described as follows, viz: Commencing at the Southwest corner of Lot 7, Vineland; thence North 1 degree 53 minutes 49 seconds East a distance of 76.37 feet to a point on the Southeasterly line of Peaceful Lane; thence North 36 degrees 53 minutes 34 seconds East along said Southeasterly line of Peaceful Lane a distance of 174.79 feet; thence South 87 degrees 50 minutes 55 seconds East a distance of 294.35 feet; thence South 1 degree 03 minutes 23 seconds West a distance of 220.04 feet to the Southerly line of said Lot 7; thence South 87 degrees 50 minutes 55 seconds West along said Southerly line of Lot 7 a distance of 397.82 feet to the point of beginning. Together with an easement appurtenant to the foregoing Parcels 2, 3 and 4 for ingress and egress over and across that part of Lot 5, Vineland, Carver County, Minnesota lying Westerly of the following described line: Commencing at the Southeast corner of said Lot 5; thence North 89 degrees 16 minutes 34 seconds West, assumed bearing, along the South line of said Lot 5 a distance of 168.62 feet; thence North 0 degrees 43 minutes 26 seconds East 32.25 feet; thence North 89 degrees 16 minutes 34 seconds West 179.00 feet; thence South 7 degrees 25 minutes 34 seconds East a distance of 32.57 feet, more or less, to a point on the South line of said Lot 5, which point is the point of beginning of the line to be described; thence on a line running North 7 degrees 25 minutes 34 seconds West a distance of 160 feet, more or less, to the intersection of said line with the Westerly lot line of said Lot 5, and there terminating. PID #258690130 (1015 Pleasant View Road) Outlot A, Troendle Addition, Carver County, Minnesota. All Abstract Property MORTGAGE HOLDER CONSENT TO DEVELOPMENT CONTRACT ap : t•t 1 $..rL. e.. :.v� •• •��► Tj...,4:.1 C ..p.�";W o .� which holds a mortgage on the subject property, the development of which is governed by the foregoing Development Contract, agrees that the Development Contract shall remain in full force and effect even if it forecloses on its mortgage. Dated this Z V `day of J .1:l , 20 1�J. STATE OF MINNESOTA ) COUNTY OF h•115- ) The foregoing instrument was acknowledged before me this 2.s day of 202L, by T Ve 5ctioe, 1x-� JON A FISHER NOTARY PUBLIC STATE OF MIWESOTA W c4mms aA Exl*" Jae. 31, 2030 DRAFTED BY: City of Chanhassen 7700 Market Boulevard P.O. Box 147 Chanhassen, MN 55317 (952) 227-1100 NOTXRY PUBLIC [OFFICIAL BANK LETTERHEAD] HIREVOCABLE LETTER OF CREDIT No. _ Date: TO: City of Chanhassen 7700 Market Boulevard, Box 147 Chanhassen, Minnesota 55317 Dear Sir or Madam: We hereby issue, for the account of (Name of Developer) and in your favor, our Irrevocable Letter of Credit in the amount of $ , available to you by your draft drawn on sight on the undersigned bank. The draft must: a) Bear the clause, "Drawn under Letter of Credit No. , dated 2 , of (Name of Bank) it; b) Be signed by the Mayor or City Manager of the City of Chanhassen. c) Be presented for payment at (Address of Bank) on or before 4:00 p.m. on November 15, 2 This Letter of Credit shall automatically renew for successive one-year terms unless, at least forty- five (45) days prior to the next annual renewal date (which shall be November 15 of each year), the Bank delivers written notice to the Chanhassen City Manager that it intends to modify the terms of, or cancel, this Letter of Credit. Written notice is effective if sent by certified mail, postage prepaid, and deposited in the U.S. Mail, at least forty-five (45) days prior to the next annual renewal date addressed as follows: Chanhassen City Manager, Chanhassen City Hall, 7700 Market Boulevard, P.O. Box 147, Chanhassen, MN 55317, and is actually received by the City Manager at least thirty (30) days prior to the renewal date. This Letter of Credit sets forth in full our understanding which shall not in any way be modified, amended, amplified, or limited by reference to any document, instrument, or agreement, whether or not referred to herein. This Letter of Credit is not assignable. This is not a Notation Letter of Credit. More than one draw may be made under this Letter of Credit. This Letter of Credit shall be governed by the most recent revision of the Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce Publication No. 600. We hereby agree that a draft drawn under and in compliance with this Letter of Credit shall be duly honored upon presentation. IC Its CITY OF CHANHASSEN DEVELOPMENT CONTRACT (Developer Installed Improvements) EXHIBIT "B" GENERAL CONDITIONS 1. Right to Proceed. Within the plat or land to be platted, the Developer may not grade or otherwise disturb the earth, remove trees, construct sewer lines, water lines, streets, utilities, public or private improvements, or any buildings until all the following conditions have been satisfied: 1) this agreement has been fully executed by both parties and filed with the City Clerk, 2) the necessary security and fees have been received by the City, 3) the plat has been recorded with the County Recorder's Office or Registrar of Title's Office of the County where the plat is located, and 4) the City Engineer has issued a letter that the foregoing conditions have been satisfied and then the Developer may proceed. 2. Phased Development. If the plat is a phase of a multiphased preliminary plat, the City may refuse to approve final plats of subsequent phases if the Developer has breached this Contract and the breach has not been remedied. Development of subsequent phases may not proceed until Development Contracts for such phases are approved by the City. Park charges and area charges for sewer and water referred to in this Contract are not being imposed on outlots, if any, in the plat that are designated in an approved preliminary plat for future subdivision into lots and blocks. Such charges will be calculated and imposed when the outlots are final platted into lots and blocks. 3. Preliminary Plat Status. If the plat is a phase of a multi -phased preliminary plat, the preliminary plat approval for all phases not final platted shall lapse and be void unless final platted into lots and blocks, not outlots, within two (2) years after preliminary plat approval. 4. Changes in Official Controls. For two (2) years from the date of this Contract, no amendments to the City's Comprehensive Plan, except an amendment placing the plat in the current urban service area, or official controls shall apply to or affect the use, development density, lot size, lot layout or dedications of the approved plat unless required by state or federal law or agreed to in writing by the City and the Developer. Thereafter, notwithstanding anything in this Contract to the contrary, to the full extent permitted by state law the City may require compliance with any amendments to the City's Comprehensive Plan, official controls, platting or dedication requirements enacted after the date of this Contract. 5. Improvements. The improvements specified in the Special Provisions of this Contract shall be installed in accordance with City standards, ordinances, and plans and specifications which have been prepared and signed by a competent registered professional engineer furnished to the City and approved by the City Engineer. The Developer shall obtain all necessary permits from the Metropolitan Council Environmental Services and other pertinent agencies before proceeding with construction. The City will, at the Developer's expense, have one or more construction inspectors GC-1 and a soil engineer inspect the work on a full or part-time basis. The Developer shall also provide a qualified inspector to perform site inspections on a daily basis. Inspector qualifications shall be submitted in writing to the City Engineer. The Developer shall instruct its project engineer/inspector to respond to questions from the City Inspector(s) and to make periodic site visits to satisfy that the construction is being performed to an acceptable level of quality in accordance with the engineer's design. The Developer or his engineer shall schedule a preconstruction meeting at a mutually agreeable time at the City Council chambers with all parties concerned, including the City staff, to review the program for the construction work. 6. Iron Monuments. Before the security for the completion of utilities is released, all monuments must be correctly placed in the ground in accordance with Minn. Stat. § 505.021. The Developer's surveyor shall submit a written notice to the City certifying that the monuments have been installed. 7. License. The Developer hereby grants the City, its agents, employees, officers and contractors a license to enter the plat to perform all work and inspections deemed appropriate by the City in conjunction with plat development. 8. Site Erosion and Sediment Control. Before the site is rough graded, and before any utility construction is commenced or building permits are issued, the erosion and sediment control plan, Plan B, shall be implemented, inspected, and approved by the City. The City may impose additional erosion and sediment control requirements if they would be beneficial. All areas disturbed by the excavation and backfilling operations shall be reseeded forthwith after the completion of the work in that area. Except as otherwise provided in the erosion and sediment control plan, seed shall be certified seed to provide a temporary ground cover as rapidly as possible. All seeded areas shall be fertilized, mulched, and disc anchored as necessary for seed retention. The parties recognize that time is of the essence in controlling erosion and sediment transport. If the Developer does not comply with the erosion and sediment control plan and schedule of supplementary instructions received from the City, the City may take such action as it deems appropriate to control erosion and sediment transport at the Developer's expense. The City will endeavor to notify the Developer in advance of any proposed action, but failure of the City to do so will not affect the Developer's and City's rights or obligations hereunder. No development will be allowed and no building permits will be issued unless the plat is in full compliance with the erosion and sediment control requirements. Erosion and sediment control needs to be maintained until vegetative cover has been restored, even if construction has been completed and accepted. After the site has been stabilized to where, in the opinion of the City, there is no longer a need for erosion and sediment control, the City will authorize the removal of the erosion and sediment control, i.e. hay bales and silt fence. The Developer shall remove and dispose of the erosion and sediment control measures. 8a. Erosion Control During Construction of a Dwelling or Other Building. Before a building permit is issued for construction of a dwelling or other building on a lot, a $500.00 cash escrow or letter of credit per lot shall also be furnished to the City to guarantee compliance with City Code § 7-22. GC-2 9. Clean up. The Developer shall maintain a neat and orderly work site and shall daily clean, on and off site, dirt and debris, including blowables, from streets and the surrounding area that has resulted from construction work by the Developer, its agents or assigns. 10. Acceptance and Ownership of Improvements. Except for streets and utilities identified as private under the terms of this Agreement, all other improvements lying within public easements shall become City property upon completion and acceptance by the City of the work and construction required by this contract. After completion of the improvements, a representative of the contractor, and a representative of the Developer's engineer will make a final inspection of the work with the City Engineer. Before the City accepts the improvements, the City Engineer shall be satisfied that all work is satisfactorily completed in accordance with the approved plans and specifications and the Developer and his engineer shall submit a written statement to the City Engineer certifying that the project has been completed in accordance with the approved plans and specifications. The appropriate contractor waivers shall also be provided. Final acceptance of the public improvements shall be by City Council resolution. 11. Claims. In the event that the City receives claims from laborers, materialmen, or others that work required by this Contract has been performed, the sums due them have not been paid, and the laborers, materialmen, or others are seeking payment out of the financial guarantees posted with the City, and if the claims are not resolved at least ninety (90) days before the security required by this Contract will expire, the Developer hereby authorizes the City to commence an Interpleader action pursuant to Rule 22, Minnesota Rules of Civil Procedure for the District Courts, to draw upon the letters of credit in an amount up to 125% of the claim(s) and deposit the funds in compliance with the Rule, and upon such deposit, the Developer shall release, discharge, and dismiss the City from any further proceedings as it pertains to the letters of credit deposited with the District Court, except that the Court shall retain jurisdiction to determine attorneys' fees. 12. Park Dedication. The Developer shall pay full park dedication fees in conjunction with the installation of the plat improvements. The park dedication fees shall be the current amount in force at the time of final platting pursuant to Chanhassen City Ordinances and City Council resolutions. 13. Landscaping. Landscaping shall be installed in accordance with Plan D. Unless otherwise approved by the City, trees not listed in the City's approved tree list are prohibited. The minimum tree size shall be two and one-half (2`/z) inches caliper, either bare root in season, or balled and burlapped. The trees may not be planted in the boulevard (area between curb and property line). In addition to any sod required as a part of the erosion and sediment control plan, Plan B, the Developer or lot purchaser shall sod the boulevard area and all drainage ways on each lot utilizing a minimum of six (6) inches of topsoil as a base. Seed or sod shall also be placed on all disturbed areas of the lot. If these improvements are not in place at the time a certificate of occupancy is requested, a financial guarantee of $750.00 in the form of cash or letter of credit shall be provided to the City. These conditions must then be complied with within two (2) months after the certificate of occupancy issued, except that if the certificate of occupancy is issued between October 1 through May 1 these conditions must be complied with by the following July 1 st. Upon expiration of the time period, inspections will be conducted by City staff to verify satisfactory completion of all conditions. City GC-3 staff will conduct inspections of incomplete items with a $50.00 inspection fee deducted from the escrow fund for each inspection. After satisfactory inspection, the financial guarantee shall be returned. If the requirements are not satisfied, the City may use the security to satisfy the requirements. The City may also use the escrowed funds for maintenance of erosion control pursuant to City Code Section 7-22 or to satisfy any other requirements of this Contract or of City ordinances. These requirements supplement, but do not replace, specific landscaping conditions that may have been required by the City Council for project approval. 14. Warranty. The Developer warrants all improvements required to be constructed by it pursuant to this Contract against poor material and faulty workmanship. The Developer shall submit either 1) a warranty/maintenance bond for 100% of the cost of the improvement, or 2) a letter of credit for twenty-five percent (25%) of the amount of the original cost of the improvements. A. The required warranty period for materials and workmanship for the utility contractor installing public sewer and water mains shall be two (2) years from the date of final written City acceptance of the work. B. The required warranty period for all work relating to street construction, including concrete curb and gutter, sidewalks and trails, materials and equipment shall be subject to two (2) years from the date of final written acceptance. C. The required warranty period for sod, trees, and landscaping is one full growing season following acceptance by the City. 15. Lot Plans. Prior to the issuance of building permits, an acceptable Grading, Drainage, Erosion Control including silt fences, and Tree Removal Plan shall be submitted for each lot for review and approval by the City Engineer. Each plan shall assure that drainage is maintained away from buildings and that tree removal is consistent with development plans and City Ordinance. 16. Existing Assessments. Any existing assessments against the plat will be re -spread against the plat in accordance with City standards. 17. Hook-up Charges.. At the time of final plat approval the Developer shall pay 30% of the City Sewer Hook-up charge and 30% of the City Water hook up charge for each lot in the plat in the amount specified in Special Provision, Paragraph 8, of this Development Contract. The balance of the hook-up charges is collected at the time building permits are issued are based on 70% of the rates then in effect, unless a written request is made to assess the costs over a four year term at the rates in effect at time of application. 18. Public Street Lighting. The Developer shall have installed and pay for public street lights in accordance with City standards. The public street lights shall be accepted for City ownership and maintenance at the same time that the public street is accepted for ownership and maintenance. A plan shall be submitted for the City Engineer's approval prior to the installation. The Developer shall pay the City a fee of $300.00 for each street light installed as part of the Development. The fee shall be paid prior to the City accepting the Improvements. The fee is used by the City for furnishing GC-4 electricity and maintaining each public street light for twenty (20) months. The Developer shall select Standard Service for the agreement with the Utility. 19. Signage. All street signs, traffic signs, and wetland monumentation required by the City as a part of the plat shall be furnished and installed by the City at the sole expense of the Developer. 20. House Pads. The Developer shall promptly furnish the City "as -built" plans indicating the amount, type and limits of fill on any house pad location. 21. Responsibility for Costs. A. The Developer shall pay an administrative fee in conjunction with the installation of the plat improvements. This fee is to cover the cost of City Staff time and overhead for items such as review of construction documents, preparation of the Development Contract, monitoring construction progress, processing pay requests, processing security reductions, and final acceptance of improvements. This fee does not cover the City's cost for construction inspections. The fee shall be calculated as follows: i) if the cost of the construction of public improvements is less than $500,000, three percent (3%) of construction costs; ii) if the cost of the construction of public improvements is between $500,000 and $1,000,000, three percent (3%) of construction costs for the first $500,000 and two percent (2%) of construction costs over $500,000; iii) if the cost of the construction of public improvements is over $1,000,000, two and one-half percent (2'/2%) of construction costs for the first $1,000,000 and one and one-half percent (1'/2%) of construction costs over $1,000,000. Before the City signs the final plat, the Developer shall deposit with the City a fee based upon construction estimates. After construction is completed, the final fee shall be determined based upon actual construction costs. The cost of public improvements is defined in paragraph 6 of the Special Provisions. B. In addition to the administrative fee, the Developer shall reimburse the City for all costs incurred by the City for providing construction and erosion and sediment control inspections. This cost will be periodically billed directly to the Developer based on the actual progress of the construction. Payment shall be due in accordance with Article 21 E of this Agreement. C. The Developer shall hold the City and its officers and employees harmless from claims made by itself and third parties for damages sustained or costs incurred resulting from plat approval and development. The Developer shall indemnify the City and its officers and employees for all costs, damages, or expenses which the City may pay or incur in consequence of such claims, including attorneys' fees. GC-5 D. In addition to the administrative fee, the Developer shall reimburse the City for costs incurred in the enforcement of this Contract, including engineering and attorneys' fees. E. The Developer shall pay in full all bills submitted to it by the City for obligations incurred under this Contract within thirty (30) days after receipt. If the bills are not paid on time, the City may halt all plat development work and construction, including but not limited to the issuance of building permits for lots which the Developer may or may not have sold, until the bills are paid in full. Bills not paid within thirty (30) days shall accrue interest at the rate of 8% per year. F. In addition to the charges and special assessments referred to herein, other charges and special assessments may be imposed such as, but not limited to, sewer availability charges ("SAC"), City water connection charges, City sewer connection charges, and building permit fees. G. Private Utilities. The Developer shall have installed and pay for the installation of electrical, natural gas, telephone, and cable television service in conjunction with the overall development improvements. These services shall be provided in accordance with each of the respective franchise agreements held with the City. H. The developer shall pay the City a fee established by City Council resolution, to reimburse the City for the cost of updating the City's base maps, GIS data base files, and converting the plat and record drawings into an electronic format. Record drawings must be submitted within four months of final acceptance of public utilities. All digital information submitted to the City shall be in the Carver County Coordinate system. 22. Developer's Default. In the event of default by the Developer as to any of the work to be performed by it hereunder, the City may, at its option, perform the work and the Developer shall promptly reimburse the City for any expense incurred by the City, provided the Developer is first given notice of the work in default, not less than four (4) days in advance. This Contract is a license for the City to act, and it shall not be necessary for the City to seek a Court order for permission to enter the land. When the City does any such work, the City may, in addition to its other remedies, assess the cost in whole or in part. 23. Public Improvements Beyond Plat Boundaries. The Developer will be reconstructing portions of Peaceful Lane and Nez Perce Drive, which are outside the boundaries of the Pleasant View Pointe Plat, for the benefit of the public and which are beyond the extent to which those roads would have been constructed as a result of the realignment of public right-of-way as requested by the Developer. As a result, the cost of those public improvements outside the plat boundaries has been credited against applicable development fees in Section 8.A.2. 24. Miscellaneous. A. Construction Trailers. Placement of on -site construction trailers and temporary job site offices shall be approved by the City Engineer as a part of the pre -construction meeting for installation of public improvements. Trailers shall be removed from the subject property within thirty GC-6 (30) days following the acceptance of the public improvements unless otherwise approved by the City Engineer. B. Postal Service. The Developer shall provide for the maintenance of postal service in accordance with the local Postmaster's request. C. Third Parties. Third parties shall have no recourse against the City under this Contract. The City is not a guarantor of the Developer's obligations under this Contract. The City shall have no responsibility or liability to lot purchasers or others for the City's failure to enforce this Contract or for allowing deviations from it. D. Breach of Contract. Breach of the terms of this Contract by the Developer shall be grounds for denial of building permits, including lots sold to third parties. The City may also issue a stop work order halting all plat development until the breach has been cured and the City has received satisfactory assurance that the breach will not reoccur. E. Severability. If any portion, section, subsection, sentence, clause, paragraph, or phrase of this Contract is for any reason held invalid, such decision shall not affect the validity of the remaining portion of this Contract. F. Building Permits. Building permits will not be issued in the plat until sanitary sewer, watermain, and storm sewer have been installed, tested, and accepted by the City, and the streets needed for access have been paved with a bituminous surface and the site graded and revegetated in accordance with Plan B of the development plans. G. Waivers/Amendments. The action or inaction of the City shall not constitute a waiver or amendment to the provisions of this Contract. To be binding, amendments or waivers shall be in writing, signed by the parties and approved by written resolution of the City Council. The City's failure to promptly take legal action to enforce this Contract shall not be a waiver or release. H. Release. This Contract shall run with the land and may be recorded against the title to the property . After the Developer has completed the work required of it under this Contract, at the Developer's request the City Manager will issue a Certificate of Compliance. Prior to the issuance of such a certificate, individual lot owners may make as written request for a certificate applicable to an individual lot allowing a minimum of ten (10) days for processing. I. Insurance. Developer shall take out and maintain until six (6) months after the City has accepted the public improvements, public liability and property damage insurance covering personal injury, including death, and claims for property damage which may arise out of Developer's work or the work of its subcontractors or by one directly or indirectly employed by any of them. Limits for bodily injury and death shall be not less than $500,000 for one person and $1,000,000 for each occurrence; limits for property damage shall be not less than $500,000 for each occurrence; or a combination single limit policy of $1,000,000 or more. The City shall be named as an additional insured on the policy, and the Developer shall file with the City a certificate evidencing coverage prior to the City signing the plat. The certificate shall provide that the City must be given ten (10) GC-7 days advance written notice of the cancellation of the insurance. The certificate may not contain any disclaimer for failure to give the required notice. J. Remedies. Each right, power or remedy herein conferred upon the City is cumulative and in addition to every other right, power or remedy, expressed or implied, now or hereafter arising, available to City, at law or in equity, or under any other agreement, and each and every right, power and remedy herein set forth or otherwise so existing may be exercised from time to time as often and in such order as may be deemed expedient by the City and shall not be a waiver of the right to exercise at any time thereafter any other right, power or remedy. K. Assignability. The Developer may not assign this Contract without the written permission of the City Council. The Developer's obligation hereunder shall continue in full force and effect even if the Developer sells one or more lots, the entire plat, or any part of it. L. Construction Hours. Construction hours, including pick-up and deliveries of material and equipment and the operation of any internal combustion engine, may only occur from 7:00 a.m. to 6:00 p.m. on weekdays, from 9:00 a.m. to 5:00 p.m. on Saturdays with no such activity allowed on Sundays or on legal holidays. Contractors must require their subcontractors, agents and supplies to comply with these requirements and the Contractor is responsible for their failure to do so. Under emergency conditions, this limitation may be waived by the written consent of the City Engineer. If construction occurs outside of the permitted construction hours, the Contractor shall pay the following administrative penalties: First violation $ 500.00 Second violation $ 1,000.00 Third & subsequent violations All site development and construction must cease for seven (7) calendar days M. Noise Amplification. The use of outdoor loudspeakers, bullhorns, intercoms, and similar devices is prohibited in conjunction with the construction of homes, buildings, and the improvements required under this contract. The administrative penalty for violation of construction hours shall also apply to violation of the provisions in this paragraph. N. Access. All access to the plat prior to the City accepting the roadway improvements shall be the responsibility of the Developer regardless if the City has issued building permits or occupancy permits for lots within the plat. O. Street Maintenance. The Developer shall be responsible for all street maintenance until streets within the plat are accepted by the City. Warning signs shall be placed by the Developer when hazards develop in streets to prevent the public from traveling on same and directing attention to detours. If streets become impassable, the City may order that such streets shall be barricaded and closed. The Developer shall maintain a smooth roadway surface and provide proper surface drainage. The Developer may request, in writing, that the City plow snow on the streets prior to final acceptance of the streets. The City shall have complete discretion to approve or reject the request. The City shall not be responsible for reshaping or damage to the street base or utilities because of snow plowing GC-8 operations. The provision of City snow plowing service does not constitute final acceptance of the streets by the City. P. Storm Sewer Maintenance. The Developer shall be responsible for cleaning and maintenance of the storm sewer system (including ponds, pipes, catch basins, culverts and swales) within the plat and the adjacent off -site storm sewer system that receives storm water from the plat. The Developer shall follow all instructions it receives from the City concerning the cleaning and maintenance of the storm sewer system. The Developer's obligations under this paragraph shall end two (2) years after the public street and storm drainage improvements in the plat have been accepted by the City. Twenty percent (20%) of the storm sewer costs, shown under section 6 of the special provisions of this contract, will be held by the City for the duration of the 2-year maintenance period. Q. Soil Treatment Systems. If soil treatment systems are required, the Developer shall clearly identify in the field and protect from alteration, unless suitable alternative sites are first provided, the two soil treatment sites identified during the platting process for each lot. This shall be done prior to the issuance of a Grading Permit. Any violation/disturbance of these sites shall render them as unacceptable and replacement sites will need to be located for each violated site in order to obtain a building permit. R. Variances. By approving the plat, the Developer represents that all lots in the plat are buildable without the need for variances from the City's ordinances. S. Compliance with Laws, Ordinances, and Regulations. In the development of the plat the Developer shall comply with all laws, ordinances, and regulations of the following authorities: 1. City of Chanhassen; 2. State of Minnesota, its agencies, departments and commissions; 3. United States Army Corps of Engineers; 4. Watershed District(s); Metropolitan Government, its agencies, departments and commissions. T. Proof of Title. Upon request, the Developer shall furnish the City with evidence satisfactory to the City that it has the authority of the fee owners and contract for deed purchasers to enter into this Development Contract. U. Soil Conditions. The Developer acknowledges that the City makes no representations or warranties as to the condition of the soils on the property or its fitness for construction of the improvements or any other purpose for which the Developer may make use of such property. The Developer further agrees that it will indemnify, defend, and hold harmless the City, its governing body members, officers, and employees from any claims or actions arising out of the presence, if any, of hazardous wastes or pollutants on the property, unless hazardous wastes or pollutants were caused to be there by the City. V. Soil Correction. The Developer shall be responsible for soil correction work on the property. The City makes no representation to the Developer concerning the nature of suitability GC-9 of soils nor the cost of correcting any unsuitable soil conditions which may exist. On lots which have no fill material a soils report from a qualified soils engineer is not required unless the City's building inspection department determines from observation that there may be a soils problem. On lots with fill material that have been mass graded as part of a multi -lot grading project, a satisfactory soils report from a qualified soils engineer shall be provided before the City issues a building permit for the lot. On lots with fill material that have been custom graded, a satisfactory soils report from a qualified soils engineer shall be provided before the City inspects the foundation for a building on the lot. W. Haul Routes. The Developer, the Developer's contractors or subcontractors must submit proposed haul routes for the import or export of soil, construction material, construction equipment or construction debris, or any other purpose. All haul routes must be approved by the City Engineer X. Development Signs. The Developer shall post a six foot by eight foot development sign in accordance with City Detail Plate No. 5313 at each entrance to the project. The sign shall be in place before construction of the required improvements commences and shall be removed when the required improvements are completed, except for the final lift of asphalt on streets. The signs shall contain the following information: project name, name of developer, developer's telephone number and designated contact person, allowed construction hours. Y. Construction Plans. Upon final plat approval, the developer shall provide the City with two complete sets of full-size construction plans and four sets of 11 "x 17" reduced construction plan sets and three sets of specifications. Within four months after the completion of the utility improvements and base course pavement and before the security is released, the Developer shall supply the City with the following: (1) a complete set of reproducible Mylar as -built plans, (2) two complete full-size sets of blue line/paper as -built plans, (3) two complete sets of utility tie sheets, (4) location of buried fabric used for soil stabilization, (5) location stationing and swing ties of all utility stubs including draintile cleanouts, (6) bench mark network, (7) digital file of as -built plans in both .dxf & .tif format (the .dxf file must be tied to the current county coordinate system), (8) digital file of utility tie sheets in either .doc or .tif format, and (9) a breakdown of lineal footage of all utilities installed, including the per lineal foot bid price. The Developer is required to submit the final plat in electronic format. Z. As -Built Lot Surveys. An as -built lot survey will be required on all lots prior to the Certificate of Occupancy being issued. The as -built lot survey must be prepared, signed, and dated by a Registered Land Surveyor. Sod and the bituminous driveways must be installed before the as -built survey is completed. If the weather conditions at the time of the as -built are not conducive to paving the driveway and/or installing sod, a temporary Certificate of Occupancy may be issued and the as -built escrow withheld until all work is complete. Rev. 9/30/2021 GC-1 o