Ordinance - #03-39 - 08/26/2003 - Laserfiche WebLink

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with the Subdivider and established by the City Council pursuant to entering into a Development Agreement. The Council shall, on a case by case basis, determine infrastructure impact on areas outside the subdivision. City required oversizing of infrastructure beyond the appropriate standard residential or commercial equivalent shall be eligible for funding by the City. Source of City funding shall not be a determinate of financial participation. bo Assessments. The procedure for the installation and assessment of the cost of improvements under this Section shall be the same as that pr,---: -'- -' _o_ .. improvements in areas zoned for Residential classifications p~.__9.:5..?_:50._ §9.50.50 Subd. 4 except that: The financial 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. Sub~d. 7. 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 t~art~c~pat~on in the expense thereof. In such event, the owner or subdivider may retain an engi~neer and contractor to plan, design and install such improvements, 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 subdivid~r's Development Agreement with the City pursuant to §9.50.50 Subd. 7, and in a form of acceptable to the City equal to 125% of the total cost of such improvements as estimated by the !City Engineer including the billable estimated expense of the City for engineering, legali fiscal, administrative, and other expenses incurred by the City in connection with the making o~such improvements by the City. Subd. 8. Development Agreement. Prior to the installation of any required improvements by ~ subdivider and following Council approval of the final plat, the subdivider shall enter into a ~evelopment Agreement with the City, which Development Agreement shall require the subdivider to construct said improvements at the sole expense of the subdivider and in accordance with City approved constructions plans and specifications and all applicable City standards and ordiOances. Said Development Agreement shall provide for the supervision of the construction by t~e City Engineer and shall require that the City be reimbursed for all costs incurred by the Ci~ty for engineering and legal fees and other expenses in connection with the making of such i~nprovements. The performance of said Development Agreement shall be financially secured~ by a financial surety in a form acceptable to the City. The Development Agreement shall also provide that the subdivider give a one year warranty and guarantee to the City from date o~ acceptance by the City on all improvements constructed on behalf of or dedicated to the City. Sub~d. 9. Construction Plans (All Development Areas). Construction plans and specification for the required improvements conforming in all respects with the code 9.50 Subdivision Regulations 9-44 August 2003 Draft