Agenda - Council - 12/11/2007 - Laserfiche WebLink

Home

WHEREAS, the final plat for the Subject Property conforms to the preliminary plat for GAD'S PRAIRIE; and WHEREAS, the CITY requires certain improvements to be constructed within the Plat, which improvements are defined as Stage I and Stage II Improvements in the City Code; and WHEREAS, the DEVELOPER intends to cause its required improvements in the Plat to be constructed without financial participation by the CITY; and WHEREAS, the DEVELOPER will construct the Stage I and Stage II improvements, except for those Stage II Improvements constructed by the CITY; and WHEREAS, no expenditure of CITY funds will be made until the relevant City Code escrow requirements have been completed by the DEVELOPER. NOW, THEREFORE, the CITY and DEVELOPER agree as follows: SECTION I STAGE I IMPROVEMENTS AND FINANCIAL GUARANTEES 1. City Code Compliance. The CITY approves the Plat conditioned on the DEVELOPER developing the Plat in accordance with the applicable provisions of City Code, Section 9.50, entitled Subdivision. 2. Conformance with Plan. The Plat shall be developed pursuant to the Final Plat Plans submitted by Timothy Eggerichs PE; revised 3. Incorporation of All City Code Requirements. That the recitals above and the applicable provisions of the City Charter, Subdivision Code, Zoning Code and Public Improvement Code of the CITY, as amended to date hereof, are incorporated herein by reference. 4. Stage I Improvements Required. The improvements the CITY requires the DEVELOPER to construct within the Plat are as follows: a. Helium Street to 146t~' Avenue, with concrete curb and gutter b. Lateral sanitary sewer and watermain c. Lateral storm drainage facilities d. Lot grading and permanent erosion control e. Trail construction along County Road 5 f. Natural gas. g. Telephone service h. Electric service GAD's Prairie Addition Development Agreement Page 2 of 11 -360-