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Subdivision - Design Standards <br /> <br />§ 9.50.30 <br /> <br /> the City. Source of City funding shall not <br /> be a determinate of financial participation. <br /> <br /> b. Assessments. The procedure for the installation and assessment of <br /> the cost of improvements under this Section shall be the same as that <br /> provided for improvements in land in areas zoned for Residential <br /> classifications pursuant to §9.50.50 Sub& 4 except that: <br /> <br /> 1. Special assessments for the cost of sanitary sewer, storm water <br /> and water system improvements shall be for a period of ten <br /> years; and <br /> <br /> 2. The bond or letter of credit guaranteeing payment of the special <br /> assessments for sanitary sewer, storm water and water system <br /> improvements shall obligate the owner or subdivider for the <br /> length of the assessment. <br /> <br /> Subd. 6. Subdivider may perform work, election. The owner or <br />subdivider may elect to construct the improvements required by this Section at his own <br />expense and without City participation in the expense thereof. In such event, the owner or <br />subdivider may retain an engineer and contractor to plan, design and install such services, <br />subject to review and inspection by the City Engineer. The estimated cost of the <br />improvements, including the administrative charges of the City ~'""':,_,..~,.,.,., .... for supervision <br />and inspection, shall be included in the owner or subdivider's contract with the City <br />pursuant to §9.50.50 Subd. 7, and the appropriate security in the form of cash, letter of <br />credit or bond shall be deposited with the City as required by that section. <br /> <br /> Subd. 7. Performance contract. Prior to the installation of any <br />required improvements by a subdivider and prior to Council approval of the final plat, the <br />subdivider shall enter into a contract with the City, which contract shall require the <br />subdivider to construct said improvements at the sole expense of the subdivider and in <br />accordance with City approved constructions plans and specifications and all applicable <br />City standards and ordinances. Said contract shall provide for the supervision of the <br />construction by the City Engineer and shall require that the City be reimbursed for all costs <br />incurred by the City for engineering and legal fees and other expenses in connection with <br />the making of such improvements. The performance of said contract shall be financially <br /> -~-~ ...... ~-~ financial surety as <br />secured by a cash escrow deposit or <br />hereinafter set forth. No performance contract or financial security shall be required for <br />any improvement which is not a requirement for approval of the final plat. The contract <br />shall also provide that the subdivider give a one year warranty and guarantee to the City <br />from date of acceptnnce by the City on all improvements constructed <br /> ........ ~ .......... p ...... by~eCity.on behalf of or dedicated to the <br />city. <br /> <br /> Su-bd. g.--F4naneia; Seeur-ity Subdi-vi~ions wit-h Non-City <br />pa~/-icipatiom Th e-p efformanc-e-eon trac-t-s hatt-requ kc-th e-subdivider-m-make-a-eas h <br /> <br />a n d-u pon-t-h e-folt owirtg-eonditions~. <br /> <br /> I <br /> I <br />I' <br /> <br />I <br />I <br />I <br />I <br />I <br />1 <br />I <br />I <br />! <br />I <br />! <br />I <br />I <br />I <br />I <br /> <br /> <br />