Agenda - Council - 07/28/2015 - Laserfiche WebLink

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LANDSCAPING 13. Maintenance Guarantee for Landscaping. It is herein agreed that the Permittee shall provide a maintenance guarantee to ensure the survival of the plantings for the Subject Property, in accordance with the Landscape Plan prepared by Miller Hanson Partners and Loucks Associates dated April 27, 2015, revised May 22, 2015. Said maintenance guarantee shall consist of cash or a letter of credit, approved as to form by the City, in the amount of Six Thousand Six Hundred and Sixty Dollars and No Cents ($6,660.00) [# plantings (45 trees, 206 shrubs) x cost/planting ($150/tree, $75/shrub) x 30% average non -survival rate], which shall be in effect for a two- year period commencing on the date of the City's acceptance of said plantings as part of the Required Improvements. At the end of the two-year period, the maintenance guarantee shall be returned to the Permittee. The determination that all plantings that have been planted in accordance with the Site Plan have either survived or have been replaced shall be made by the Community Development Department of the City. In the event the Permittee fails to maintain the required plantings for a two-year period, the City Council may order the replacement of plantings with City day labor and/or by letting contracts and draw upon the escrow for payment. Only the City Council shall have the authority to direct replacement of the plantings and withdraw from the escrow account. The Permittee hereby grants permission and a license to the City and/or its contractors and assigns to enter upon the Subject Property for the purpose of replacing plantings in the event of the Permittee default. SECTION IV GENERAL 14. Boulevard and Area Restoration. The Permittee shall be responsible for restoring all areas disturbed by the development grading operation in accordance with the approved erosion and sediment control plan. The Permittee shall also be responsible for the cost of cleaning any soil, earth or debris from the wetlands within and adjacent to this Site Plan resulting from grading or other construction performed in the development of the land. 15. Construction Site Maintenance. The Permittee shall adhere to all City ordinances relating to, but not limited to, dumping of garbage, site development, construction debris, open burning, etc. 16. Estimated Cost. It is understood and agreed that cost amounts set forth in this Development Agreement as Required Improvements, unless specified as fixed amounts, are estimated. The Permittee agrees to pay the entire cost of said improvements including interest, engineering and legal charges. 17. Site Plan Approval Expenses. The Permittee agrees that it will pay to the City all City expenses incurred in the approval of the Site Plan, including, but not limited to administration expenses, engineering and legal fees. Said expenses shall be paid within fifteen (15) days of billing by the City and outstanding billings shall be paid prior to issuance of the building permit. Any expenses incurred after the release of the building permit shall also be paid within said fifteen (15) day billing period. Failure to pay the City's expenses within the fifteen (15) day billing period will permit the City to draw upon any of the escrows required by this contract for payment. Sunwood Village Development Agreement Page 4 of 8