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

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I. STAGE I IMPROVEMENTS AND FINANCIAL GUARANTEES City Code Compliance. That the DEVELOPERfi 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 one (1) sheet, prepared by McCombs Frank Roos Associates, Inc., entitled Wood Pond Hills 5th 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 DEVt~,I.OPER 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 McCombs Frank Roos Associates, Inc.and dated May 17, 1996. The final construction plan for sanitary sewer, storm sewer, watermain, and s~'eet improvements shall be submitted to the City Engineer for review and approval prior to construction. The DEVELOPERfi shall also be responsible, at its expense, for installation of gas, telephone, and electric utiity improvements. Street lights are the responsibility of the DEVELOPER, however, the CITY will arrange for their installation as a Stage 1~ Improvement. The DEVELOPER shall be responsible for completing the rough grading and providing lot comer stakes prior to the installation of underground utilities. 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 street improvements, and restoring ali 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. Requirements After Street Surfacing. After the street surfacing is installed, the DEVELOPER 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 DEVELOPER or their successors and assigns. Stage I Improvements Completion Date. The Improvement completion date shall be on or before December 31, 1996. Stage I Improvement 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, and the installation of sewer and water and other facilities and that the DEVELOPER shall provide a financial guarantee to the CITY to provide for the actual construction and installation of the required Stage I Improvements within a period specified by the City Council. I I I I I I I I I I I I I I I i i !