Agenda - Council - 08/13/1996 - Laserfiche WebLink

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4. Stage I Improvements Required. The DEVELOPER has completed the consmaction of the required Stage I Improvements with the development of River's Bend 3rd Addition. 5. Satisfaction of Sewer and Water Trunk Charges. An accounting of the charges due from River's Bend 5th Addition results in a sewer and water trunk charge of Eight Thousand Four Hundred Twenty Eight Dollars and no cents ($8,428.00) (.98 acre x $8600.00), which shall be assessed over a ten year period if the DEVELOPER does not exercise the option to pay the assessment in full prior to the CITY releasing the plat for recording. II. STAGE II IMPROVEMENTS AND FINANCIAL GUARANTEES 6, Stage II ImI~rovements Required, The DEVELOPER has provided for the required Stage II Improvements within the development agreement for River's Bend 3rd Addition. 7. .Requirements for Building Permits. No building permit for any lot in the Plat shall be issued until (a) vehicular access to the lot is provided including the installation of Class V material on all streets in the Plat; (b) site plan approval is granted by the CITY and any additional expense incurred in giving site plan approval has been reimbursed to the CITY; (c) a Certificate of Survey including that information required by the CITY has been supplied to the Building Official. III. PARK DEDICATION 8. Satisfaction of Park Dedication Requirements. Park dedication was satisfied for the Subject Property in accordance with an agreement between the CITY and Ramsey Center Partnership dated January 10, 1980. IV. GENERAL 9. Construction Site Maintenance. The DEVELOPER shall adhere to all City ordinances relating to, but not limited to, dumping of garbage, site development, construction debris, open burning, etc. 10. Plat Approval Expenses. The DEVELOPER agrees that it will pay to the CITY all CITY expenses incurred in the approval of the Plat, including, but not limited to administration expenses, engineering and legal fees. Said expenses shall be paid within fifteen (15) days of billing by the CITY and outstanding billings shall be paid prior to recording of the Final Plat. Any expenses incurred after recording of the Final Plat shall also be paid within said fifteen (15) day billing period. Failure to pay the CITY'S expenses within the fifteen (I5) day billing period will permit the CITY to draw upon any of the escrows required by this contract for payment. 11. Reimbursement to the City. The DEVELOPER agrees to reimburse the CITY for all costs incurred by the CITY in defense or enforcement of this Agreement, or any portion thereof, including court costs and reasonable engineering and attorney's fees.