Agenda - Council - 08/25/1992 - Laserfiche WebLink

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14. 15. t6. I7. DEVELOPER A DEVELOPER B Street Cleaning $300.00 10 Street Lights $1,324.00 $3,090.00 Light Maint/Op 3 yrs $957.00 $2,232.00 6 Traffic Signs $360.00 $360.00 Sealcoating $866.00 $6,074.00 6 Street Signs $240.00 $480.00 Totals $3,747.00 12,536.00 Hard Stlrfaced Driveways and Sodded Boulevards. Hardsurface driveways and sodded boulevards are a requirement for each lot in the Plat. Said improvements 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, weather permitting. In the event these improvements are not timely installed, DEVELOPER B, on behalf of all subsequent owners of lots within the Plat, agrees that the CITY may install said improvements on any lot(s) and specially assess its cost therefore against the lot(s). DEVELOPER B hereby waives all right to a public hearing and other statutory rights or City Charter rights granted a property owner relating to special assessments, including the right to appeal the special assessment for installation of the improvements described in this paragraph. In addition, DEVELOPER B grants the right to the CITY to enter on each lot of the Plat in order to install the improvements described in this paragraph, in the event it is necessary for the CITY to install these improvements and specially assess the same. III. PERMITS AND OCCUPANCY: Reouirements for Building Permits. No building permit for any lot in the Plat shall be issued until (a) vehicular access to the lot is provided including the installation of Class V material on all streets in the Plat; (b) a Certificate of Survey including that information required by the CITY has been supplied to the Building Official; and (c) all financial guarantees required by the CITY have been satisfied. Requirements for Plumbing. As a part of the plumbing requirements, backflow preventers shall be installed in each sewer line. IV. PARK DEDICATION: Cash Paym.~nt and Land Dedication. Park Dedication shall be satisfied by a combination of land ar,:d cash. All land for park lot and trail throughout the entire plat shall be dedicated m the first phase of Rivenwick. In addition, there shall be a .25 acre credit for the scenic easement as shown on the final plat and deeded to the CITY prior to acceptan::e of the improvements. The minimum park dedication cash payment due on this first phase of Rivenwick by DEVELOPER A is Three Thousand Two Hundred Thirty Eight Dollars and 50/100 ($3,238.50) for the first phase of the residential portion of the development and Eight Thousand Nine Hundred Seventy Six Dollars and 00/100 ($8,976.00) for the entirety of the commercial portion of Rivenwick. These amounts are based on computations contained in Exhibit B attached hereto. I I I I I I I I I I I I I I I I I I I