Agenda - Council - 03/26/2013 - Laserfiche WebLink

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5. Fire Lanes. Fire lanes shall be maintained on the Subject Property. The exact locations of these items on the Subject Property shall be as directed by the Fire Chief or his/her designee. The PERMITTEE herein agrees to post "No Parking" signs along private streets in accordance with City Code requirements and in conjunction with the instructions of the Fire Chief or his/her designee. 6. Building Facade. The PERMITTEE agrees to construct the building on the Subject Property in accordance with the site plan and architectural elevations prepared by Lampert Architects dated September 4, 2012, and approved by the City Council on October 23, 2012. 7. Required Improvements. The PERMITTEE shall construct and install the following site improvements on the Subject Property in accordance with the specifications and location as shown on the Site Plan. The Required Improvements are as follows: a. Site grading b. Private storm sewer and appurtenances. c. Private sanitary sewer system d. Private watermains and appurtenances e. Private trunk and lateral storm drainage facilities f. Bituminous driveways, parking lots, and maneuvering areas. g. Continuous, B6/12 concrete curbing and gutter around the perimeter of all bituminous surfaces, excluding the bituminous surface parallel to the west boundary of the site. h. Installation of Landscaping i. Irrigation metering and backflow devices shall be approved as part of the Utility Plan, and installed accordingly. j. Irrigation rain sensors shall be installed and appropriately placed throughout the development. k. Establishment of turf in areas disturbed during construction and in accordance with the Plat. 1. Temporary and permanent erosion control ("Required Improvements)". The PERMITTEE agrees to construct the Required Improvements according to the terms and conditions of this agreement and in accordance with PERMITTEE'S plans submitted to the CITY. 8. Required Improvements Completion Date. The Required Improvements shall be completed on or before May 1, 2014. Required Improvements Financial Guarantee. In order to ensure the installation of the Required Improvements in accordance with City specifications and in a timely manner, the PERMITTEE shall be required to deposit with the CITY a cash escrow or letter of credit, approved as to form by the City, in the amount of Two Hundred Ten Thousand Five Hundred Forty -Eight Dollars and No Cents. ($210,548.00), which is 150% of the CITY'S estimated cost of the Required Improvements. Prior to the issuance of the building permit, all financial guarantees must be provided as required herein. [NOTE: If the Developer has bids for the required improvements that are proven to be lower than our Engineer's Estimate, the City Engineer will take those bids in consideration for the fmancial guarantee. Bids may need to be accepted and signed to be used for this purpose.] Upon completion of the construction of the Required Improvements, the corresponding financial guarantee shall be returned to the PERMITTEE (or letter of credit released) as soon as reasonably possible and the PERMITTEE shall be required to provide the landscaping maintenance guarantee described in Paragraph 12 of this Development Permit. The determination of completion of the Northgate Performing Arts Center Development Permit Page 2 of 6