Agenda - Council - 11/24/1992 - Laserfiche WebLink

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NOW, 'TH£REFORE, the CITY and DEVELOPER agree as follows: STAGE I IMPROVEMENTS AND FINANCIAL GUARANTEES - i. City Code Comrdiance. That the DEVELOPERS will develop the Plat in -accbrdance with the City Code, Section 9.50, entitled "Subdivision" and Section ~ 9.20.31 entitled "Planned Unit Development". i Cohformance with Plan. The Plat. shall be developed pursuant to the final pla{ consisting of two (2) sheets and dated received by the CITY on October 23, 1992. Intmr~oralion of All City Code Requirements. That the recitals above and the', provisions of the City Charter, Subdivision Code, Zoning Code and Public ImProvement Code of the CITY as amended to date hereof, are incorporated herein by itel. fence. ? Staee ][ Irrmrovements Required. The DEVELOPER agrees to construct the r~fiired Stage I improvements according to the terms and conditions of this contract and in accordance with DEVELOPERS' plans submitted to the CITY. Sa!d plans shall be in general conformance with the plans prepared by Probe Efl~gineering and dated received by the CITY on April 20, 1990, and consisting of $~eets 1 through 12 of 12. It is hereby agreed that the name of the proposed streets in the Plat may deviate frCm the City's grid pattern and be named St. Andrews Lane, St. Andrews Circle ~ Inverness Circle. It is also agreed that the right-of-way for said streets shall be at :the standard sixty-six (66) feet but that the improved width shall be approved at 29 feet. BOulevard an6 Area Restoration. The DEVELOPER shall be responsible ethe cost of establishing seed or sod in all boulevards within thirty (30) days of completion of the street improvements, and restore all other areas disturbed by t~e development ~ading operation in accordance with the approved erosion and s&timent control plan. The DEVELOPER shall also be responsible for the cost of cIeaning any soil, earth or debris from the wetlands within and adjacent to this Plat r~.sulting from grading performed in the development of the land. l~eouirements after Street SurfaCing. After the street surfacing is installed, tl~e DEVELOPER shall clear any soil, earth, or debris from the streets and from tl~e lots within the Plat resulting from any construction on the Subject Property by the DEVELOPER or their successors and assigns. Sta~oe I lmt~rovements - Comt>letion Date. The Improvement completion ffat~ shall be-on or before August ]5, 1993. S1a~e I _Improvement Financial Guarantee. The DEVELOPER a~ees ~d understands that the CITY has the right, privilege and authority pursuant to Minnesota Statutes Chapter 462.358 and as amended as a condition precedent to the approval of the plans and specifications and approval of a final plat, to prescribe ~equirements and the extent to which, and the manner in which the streets are to be