Agenda - Council - 03/25/1997 - Laserfiche WebLink

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}1411. WHEREAS, the DEVELOPER desires to construct the Stage I and Stage ti improvements, except for those Stage II 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 Compliance. 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 consisting of three (3) sheets, prepared by Passe Engineering, Inc., entitled Regency Pond 2nd Addition. Incorporation of All 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 hereof, 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 DEVELOPERS' plans submitted to the CITY. Said plans shall be in general conformance with the Grading Plan prepared by Passe Engineering, Inc. and dated December 20, 1995. The final construction plan for sanitary sewer, storm sewer, watermain, and street 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, however, the CITY will arrange for their installation as a Stage II Improvement. The DEVELOPER shall be responsible for completing the rough grading and providing lot comer stakes prior to the installation of underground utilities. Further, that the DEVELOPER shall be responsible for notifying the purchasers of Lots 7 through 14 of Block 2, of the intent to use a portion of these lots for drainage purposes and that these drainage easements will be expected to be wet on a frequent basis. o Boulevard and Area Restoration. The DEVELOPER shall be responsible for the cost of establishing seed or sod in all boulevards within thirty (30) days of the completion of the street improvements, and restoring all other areas disturbed by the development grading operation in accordance with the approved erosion and sediment control plan. The DEVELOPER shall also be responsible for the cost of cleaning any soil, earth or debris from the wetlands within and adjacent to this Plat resulting from grading performed in the development of the land. I ! I I i ! ! I ! I I I I I i I I I I