Agenda - Council - 04/08/2003 - Laserfiche WebLink

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ao bo Certain Improvements. The owner or subdivider, engaged in. the development of lands and properties which are zoned for Non-Residential D ........ , may request City participation in the payment of the costs of the improvements as listed in 9:50.50 Subd. 2a 1 and 2. inst'a!!o23on cf' :ar2tary City pa~icipation shall be~.~ de~nx:ined b-~; th~ City Council negotiated with the Developer and established by the City Council pursuant to enterin~ into a ~ ...... .............. ** ............ contract'Development Agreement. The Council shall, on a case by case basis, detemine infrastructure impact on areas outside the subdivision. City required oversizing of infrastmc~re beyond the .appropriate standard residentiai or co~ercial equivalent shall be eligible for ~nding by the Ci~. Source o~ Ci~ ~nding shall not be a dete~ate of financial p~icipation. - Assessments. The prOcedUre for the installation and assessment of the cost of improvements under this Section shall be the same as that pro--'~-~ *--' 9 50 50 improvements in areas zoned for Residential classifications pL__.Z'_.: ._ §9.50.50 Subd. 4 except that: The ~,_.,,..,,..,...`.1 ,..,,. .... 1.~t~-,_,.,,.,.,.,~. .... ,,.c credit fi:nm~cial surety guaranteeing payment of the special assessments for sanitary sewer, storm water and water system improvements shall obligate the oWner or subdivider for the length of the assessment. Subd. 6. Subdivider May Perform Work, Election. The owner or subdivider may elect to construct the improvements required by this Section at his own expense and without City participation in the expense thereof. In such event, the owner or subdivider may retain an engineer and contractor to plan, design and install such,, ..... ....... : .... ~mpro',' ,ements, subject to review and inspection by the City Engineer. The estimated cost of the improvements, including the administrative charges of the City for supervision and inspection, shall be included in the owner or subdivider's ,contract Development Agreement with the City pursuam to {}9.50.50 Subd. 7, and +~ .............. ;~* ......... ~'ar~* in a form of de'p{x;itec[ 'Mth ill',2 acceptable to the City. equal to 125% of the total cost of such impt'ove:ments estimated by the City Engineer including the billable estimated expense or' the City for _engineering, legal, fiscal, administrative, and other expenses incurred by the City ii~ co~mection with the makina of such improvements by the Ci~: ~ reqnired by ?nnt Section. Subd. 7. t~eefer-m.anee Con-mte~Development Agreement. Prior to the installation of any required improvements by a subdivider and prior following¢~o Council approval of the final plat, the subdivider shall enter into a contract Development Aareement with the City, which contract Development Agreement shall require the subdivider to construct said 9.50 Subdivision Regulations %60 March 2003 Draft -293-