Agenda - Council - 03/28/1995 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I 11. 12. 13. 14. Upon cOmPletion of the construction, the actual costs of the project will be calculated and the amot~nt due determined. The DEVELOPER agrees to pay the entire amount owed in full within thirty (30) days of written request by the CITY. In the e~ent the final trunk costs result in the DEVELOPER having a negative amount owed to~e CITY, the CITY will remit the amount owed to the DEVELOPER within thirty (3(]) days of the final costs being certified by the City Council. II. STAG:E II IMPROVEMENTS AND FINANCIAL GUARANTEES: Street C caning, From time to time, the CITY may remove accumulations of soil, earth and debt s from the streets resulting from the construction of the Plat. It shall be the DEVEL ~PER'S responsibility to pay the costs associated with this necessary street cleaning. Invoices from the CITY to DEVELOPER for such costs shall be paid within fifteen (E ;) days of the date of invoice. S,tr.eet/T{affic Signs, Street Lights, Street Cleaning and Seal (~oating~ The CITY will install in the Plat, as Stage II Improvements, street/traffic signs and sealcoating. The DEVELOPER will pay to the CITY as amount equal to 100% of the City Engineer's ' i esnmatedl construction cost of the items prior to recording of the final Plat. The DEVELOPER shall also deposit an amount that is determined by the CITY to be adequate ~p.aid in the operation and maintenance of street lights in locations determined by the City F_~gineer and installed by Anoka Electric Cooperative for the fa'st three (3) years. · The CITY. will bill residents in the Plat at least quarterly for street light maintenance and operation ~osts; billings will be initiated at the time of connection to municipal water and sanitary s~,er..The cost of these items is: Str~et Cleaning Se~coating Thee (3) Traffic Sign(s) On~ (1) Street Sign(s) Seven Street Light(s) Str6~et Light Maintenance & Operation (3 Years) TOTAL $ 300.00 $3,850.00 $ 360.00 $. 120.00 $3,150.00' $1,890.00 $9,670.00 t-lard Surfaced Driveways. Hard surfaced driveways are a requirement for each lot in the Plat. ~taid improvement shall be installed by the building permit applicant or the homeowner at the time the Certificate of Occupancy is issued or as soon thereafter as possible, ~eather permitting. In the event this improvement is not timely installed, the DEVELOffER, on behalf of all subsequent owners of lots within the Plat, agrees that the CITY ma~ install said improvement on any lot and specially assess its cost therefore against the lot. The DEVELOPER hereby waives all fight to a public hearing and other statutory rights or City Charter fights granted a property owner relating to special assessmentS, including the right to appeal the special assessment for installation of the improvemeSt described in this paragraph. In addition, the DEVELOPER grants the fight to the CIT~ to enter on each lot of the Plat in order to install the improvement described in this paragraph, in the event it is necessary for the CITY to install this improvement and specially as~ess the same. Trail Coni~truction, The DEVELOPER shall construct and pave in accordance with CITY stand,ds, a ten (10) foot wide bituminous trail not to exceed 5% in grade, parallel to T.H. #47;, along the entirety of the plat. There shall be a minimum of ten (10) feet