Agenda - Council - 03/26/1996 - Laserfiche WebLink

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lJ L UIREMENTS FOR BUILDING PERMIT AND CERTIFICATE OF 9 • REQ permit for the Site OCCUP,QkNCY. No building p will be issued until the permittee has: a) signed and returned this Development Permit; b) p rovided the required financial guarantee in accordance with Paragraph 11 of this Permit. No Certificate of Occupancy for the structure ,will be issued until the Required Improvements are accepted by the City and the landscaping maintenance guarantee has been provided in accordance with Item #12 of this Development Permit.. 10. IMPROVEMENT CONSTRUCTION SCHEDULE. The Required Improvements shall be completed before November 1, 1996. 11. ESCROW FOR REQUIRED IMPROVEMENTS. Inorder to i nsure the a timely of the Required Improvements in accordance with City s� Pa cash escrow or letter of i manner, the Pennittee shall be required to deposit with the City credit, approved as to form by the City, in the amount of Fifty Thousand Doll ars and no cents ($x0,000), which is 150% of the City's estimated cost of the Improvements. Prior to the issuance of the building permit, all financial guarantees must be provided as required herein. the financial guarantee Upon completion of the construction of the Required Improvements, heed to rovide the shall be returned to the Permitt described in Permittee shall be item #12 of this Development Permit, The landscaping maintenance guarantee determination of completion o the onsultation with the City Engin In event mthe ents the made by the City Council after improve as required herein, the Permittee fails to construct and install the Required Imp rovements with City day labor City Council may order the completion of the Required Imp and /or by letting until h� the completion uthority to direct completion of the Required Only the City Council s ts Improvements and withdraw e C�mand/or its contractors and assigns to en enter upon the Site permission and a license t ty the construction and installation of the Required for the purpose of completing Improvements in the event of the Permittee's default. 12. MAINTENANCE GUARANTE an e guarantee ensure survival of the plantings. agreed the Permittee shall provide a main � ash or a letter of credit, approved as o form Said maintenance guarantee shall consist of c by the =City, in the amount of One Thousand ($100/tree $SO /shrub) 3% average t plantings (11 trees and 45 shrubs) period commencing on the date of non - survival rate], which shall be in effect for a two year p the City's acceptance of said plantings as part of the Required Improvements. At the end of the two year period, the maintenance guarantee shall be returned to the ith Permittee. The determination that a ha e been replaced shall be planted ade by the C`� the Site Plan have either Council e City after consultation with the City Engineer. In the event cif ma o r the t replacement of required plantings for a two year penod, the contracts and draw upon the escrow for plantings with City day labor and/or by letting payment. Only the City Council shall have the authority to direct replacement of the t. The Perrnittee hereby grans permission plantings and withdraw from the escrow accoun pon the Site for the and a license to the City and/or its contractors and assigns to enter u purpose of replacing plantings in the event of the Permittee's default. 13, RECOGNITION OF LOCATION. o The �t forms lofaadverdsing andebuoness as the City of location f facility correspondence. 109