Laserfiche WebLink
14. <br /> <br />15. <br /> <br />Upon completion of the constructiop of the Required Improvements, the financial guarantee <br />shall be returned to the Permittee and the Permittee shall be required to provide the <br />landscaping maintenance guarantee described in Item #14 of this Development Permit. The <br />determination of completion of the construction of the Required Improvements shall be made <br />by the City Council after consultation with the City Engineer. In the event the Permittee fails <br />to construct and install the Required Improvements as required herein, the City Council may <br />order the completion of the Required Improvements with City day labor and/or by letting <br />contracts for said completion and draw upon the escrow for payment. Onl.y the City Council <br />shall have the authority to direct completion of the 'Required Improvements and withdraw <br />from the escrow account. The Permittee hereby grants permission and a license to the City <br />and/or its contractors and assigns to enter upon the Site for the purpose of completing the <br />construction and installation of the Required Improvements in the event of the Permittee's <br />default. <br /> <br />MAINTENANCE GUARANTEE FOR LANDSCAPING. It is herein agreed that the <br />Developer shall provide a maintenance guarantee to ensure the survival of the plantings for <br />the Alpine Acres Subdivision. Said maintenance guarantee shall consist of cash or a Letter of <br />Credit, approved as to form by the City, in the amount of.Two Thousand Seven Hundred and <br />no cents ($2,700) [# plantings (54 trees; 72 shrubs) x cost/planting ($100/tree, $50/shrub x <br />30% average non-survival rate], which shall be in effect for a two-year period commencing <br />on the date of the City's acceptance of said plantings as part of the Required Improvements. <br /> <br />At the end of the two-year period, the maintenance guarantee shall be returned to the <br />Developer. The determination that all plantings that have been planted in accordance with <br />the Site Plan have either survived or have been replaced shall be made by the Community <br />Development Department. In the event the Permittee fails to maintain the required plantings <br />for a two-year period, the City Council may order the replacement of plantings with City day <br />labor and/or by letting contracts and draw upon the escrow for payment. Only the City <br />Council shall have the authority to direct replacement of the plantings and withdraw from the <br />escrow account. The Permittee hereby grants permission and a license to the City and/or its <br />contractors and assigns to enter upon the Site for the purpose of replacing plantings in the <br />event of the Permittee' s default. <br /> <br />RECOGNITION OF LOCATION. The Permittee herein agrees to recognize Ramsey as <br />the City of location for the development on all forms of advertising and business <br />correspondence. <br /> <br />16. AGREEMENT BINDING ON HEIRS, ETC. The DEVELOPER agrees that this <br /> Development Agreement shall be binding upon their successors and assigns. Breach of any <br /> of the terms of this Development Agreement by the DEVELOPER shall be grounds for <br /> denial of building permits for buildings in the Plat. <br /> <br />Oak Creek Builders Inc., hereby acknowledge receipt of this Permit and that they have reviewed <br />the conditions of this permit and have agreed that they will comply with the terms of this Permit. <br /> <br /> Alpine Acres 2nd Addition Development Permit <br /> Page 3 of 5 <br /> <br /> <br />