Agenda - Council - 04/11/1995 - Laserfiche WebLink

Home

A previous agreement with the Developer for the River's Bend 3rd subdivision required the developer to contribute to the oversizing of Xldmo Street, an MSA street. Under that agreement, the Developer paid the full cost of the Xkimo street improvements of River's Bend 3rd Addition which included $16,106.48, the City's share of the street construction. This amount shall be credited toward the Developers share of Xldmo Street on Rivers Bend 4th Addition, which will be undertaken by the City as an MSA project. The Developer agrees to be assessed for thc cost of one half of Xldmo Street to residential street standards and one half of thc cost of Xldmo to MSA standards. The credit of $I6,606.48 will be used tc~reduce the amount of this assessment. In addition, the Developer agrees to escrow an amountof $30,000 which shall be used for the purpose of connecting Xldmo Street to T.H. ~47 at some point in the furore. The sewer, water and storm sewer improvements will be constructed as a public improvement project. As with River's Bend 3rd Addition, the developer will be required to continue the sidewalk along Xkimo Street N.W. Also in keeping with previous developments along major thoroughfares, the developer will be required to construct a bituminous path adjacent to T.H. g~47 along the entirety of Lot i that will connect with the path in Amber Ridge to the north. Recommendation: City Staff recommends final plat approval contingent upon compliance with City Staff review letter dated April 6, 1995. ~Council Action: Motion to: }Adopt Resolution ~95-04-__ granting final plat approval to River's Bend 4th Addition. Review Checklist: City Administrator City Engineer CC: 4/11/95 I I ! I ! I I I I I I I I I I I I I I