Agenda - Council - 06/11/1996 - Laserfiche WebLink

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NOW, THEREFORE, the CITY and DEVELOPER agree as follows: o 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 "Subd.Msion" Conformance with Plan. The Plat. shall be developed pursuant to the final plat consisting of one (1) sheet, prepared by Pioneer Engineering. Incort)o.r.lttion of All City Code ReqlJirements. 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 Require~l. 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 Final Grading Plan prepared by Pioneer Engineering, dated May 20, 1996. Boulevard and Area Restoration. The DEVELOPER shall be responsible for the cost of establishing seed or sod in al/boulevards within thirty (30) days of the completion of the su'eet improvements, and restore ali other areas ckisturbed by the development grading operation. 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 ha the development of the land. Any silt fencing utilized in the project for erosion and sedimentation control shall be removed within twelve (12) months of the CITY'S acceptance of the Stage I Improvements. _Requirements after Street Surfacing. After the street surfacing is installed, the DEVELOPERS shall clear any soil, earth, or debris from the streets and from the lots within the Plat resulting from any construction on the Subject Property by the DEVELOPERS or their successors and assigns. Removal o[ Debris. The DEVELOPER shall be responsible for the removal and proper disposal of all debris, garbage, and fallen trees from the Subject Property. Stage 1 !.m..provements . Completion Date. The Improvement completion date shall be on or before September 15, 1996. St~q~e 1 Imprqvcmenl:. Financial Guarantee. The DEVELOPER agrees and understands that the CITY has the right, privilege and authority pursuant to Minnesota Statutes Chapter 462.358 and as amended as a condition precedent to the approval of the plans and specifications and approval of a final plat, to prescribe requirements and the extent to which, and the manner in which the streets are to be graded or improved, the installation of other facilities, and the removal of debris and that the DEVELOPER shall provide a f'mancial guarantee to the CITY to provide for the actual construction, installation of the required Stage I Improvements, and removal of debris within a period speckfied by the City Council. I I I I I I I I I I: I I I I I I I I