Agenda - Council - 04/25/1995 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I WHERE~S, no expenditure of CITY funds, including the ordering of plans and specifications, will~ be made until the City Code escrow requirements have been completed by DEVELOPER; arm WHEREAS, City Code Section 9.50.50 defines "Stage I" Improvements and "Stage II" Improvements which respective definitions are used herein when reference is made to "Stage I" and "Stage H" Imp~vements. NOW, THEREFORE, the CITY and DEVELOPER agree as follows: STAGE! I IMPROVEMENTS AND FINANCIAL GUARANTEES: ~it¥ TO ~rdcr Improvements. The CITY will order the improvements to be constructediand direct the City Engineer to prepare plans and specifications and advertise r for bids ana~ will award a contract for the construction of the Stage I Improvements to the lowest resp?nsible bidder. lncoroora!ion of All City Code Reoulrements. That the recitals above and the provisions (~f the City Charter, Subdivision Code, Zoning Code and Public Improvement Code of the~CITY, as amended to date hereof, are incorporated herein by reference. Improvements to be Constructed by City. The CITY agrees to construct the requested S~ge I Improvements as petitioned for by the DEVELOPER, together with those Stage r~ Improvements which are described in Paragraph 16 herein, according to the terms and c6ndifions of this Agreement. The Stage I Improvements to be constructed are as follows:I streets, municipal water, sanitary sewer trunk and laterals, storm sewer system, imP~rovements to T.H. #47, trails and sidewalks. Street lights shall be caused to be installed ~y the CITY and shall be paid for by the CITY as a Stage H cost. Each of the streets, described herein, will be hard surfaced with bituminous material including installation ~f concrete curbs. Length Qf~ Xkimo Street N,W, The CITY herein grants a variance to allow for the extension ot~ Xkimo Street N.W. for a total linear length to exceed 600 feet in lieu of the future connection of Xldmo Street N.W. to T.H. #47.