Agenda - Council - 11/28/2000 - Laserfiche WebLink

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-158- WHEREAS, the DEVELOPER desires to construct the Stage I and Stage II Improvements, except for those Stage It Improvements constructed by the CITY; and WHEREAS, no expenditure of CITY funds will be made until the City Code escrow requirements have been completed by the DEVELOPER. NOW THEREFORE, the CITY and DEVELOPER agree as follows: I. STAGE I IMPROVEMENTS AND FINANCIAL GUARANTEES City Code CompIiance. That the DEVELOPER will develop the Plat in accordance with the City Code, Section 9.50, entitled Subdivision. Conformance with Plan. The Plat shall be developed pursuant to the final plat Consisthag of two (2) sheets, prepared by Hakanson Anderson Associates, Inc., entitled Sunwood Estates. Incorporation of Ail City Code Requirements. That the recitals above and the provisions of the City Charter, Subdivision Code, Zoning Code and Public Improvement Code of the CITY, as amended to date thereof, are incorporated herein by reference. Stage I Improvements Required. The DEVELOPER agrees to construct the required Stage I Improvements according to the terms and conditions of this contract and in accordance with DEVELOPER'S plans submitted to the CITY. Said plans shall be in general conformance with the twelve (12) sheet set of plans'entitled "Construction Plans for Sunwood Estates" dated August 16, 2000, Revision dated November 16, 2000. The final construction plan for sanitary sewer, storm sewer, watermain, and sidewalk improvements shall be submitted to the City Engineer for review and approval prior to construction. The DEVELOPER shall also be responsible, at its expense, for installation of gas, telephone, and' electric utility improvements. Street lights are the responsibility of the DEVELOPER. The DEVELOPER shall be responsible for completing the rough .grading and providing lot comer stakes prior to the installation of underground utilities. Concurrent with the installation of the Stage I Improvements shall be the construction of a hard surface sidewalk parallel to the eastJwest private street entering the Plat from Sunwood Drive and terminating at its intersection with the north/south street in the Plat. A crosswalk shall be painted and signed on the north/south street from the terminus of the sidewalk to the east side of the north/south street to provide safe access to the playground area in the Plat. Private Streets and On-Street Parking. On-street parking shall be restricted to one side of the private streets. Further, said on-street parldng regulations shall be signed and said signing shall be subject to the approval of the CITY. At no time will the private streets be maintained or accepted for ownership by the CITY I I I I I I