Agenda - Council - 08/25/2015 - Laserfiche WebLink

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c. 2-01, LLC shall submit payment for its share of the storm water improvements as described in Paragraph 6(a) above upon obtaining title to Outlot B Tooth Acres. 7. Storm Water Pond Grading. The LLCs are responsible for completing the necessary grading work relating to the storm water pond on the property identified as "D" on Exhibit 1. The LLCs shall convey a permanent drainage and utility easement to the City and Anoka County over, under, and across "D." 8. Access by City During Construction. During construction of the Riverdale Extension Project, the LLCs shall allow the City access to Outlot A Tooth Acres, Lot 1 Block 1 The Diamonds, and "E" for purposes of construction and road improvement at no charge. The City shall restore any disturbed areas that are caused by the construction or road improvement that diminishes the value of the property or requires repair. 9. No Assessments for Riverdale Extension. The City agrees that the LLCs will not be assessed for the construction, engineering, and other ancillary costs of completing the Riverdale Extension Project or the trail and utility easements that are referenced in this Agreement. 10. Other Charges and Assessments. The City agrees that until there is a filing of a plat or building permit application for the development of Outlot A Tooth Acres, Lot 1 Block 1 The Diamonds, or the property identified as "E," it will not assess or charge those properties for water access connections, sewer access connections, park dedication, water management fee, escrow for street lights, inspection fees, water or sewer handling fee, or platting fees. 11. Selection of Contractor. The LLCs have the option, but are not required, to use the same contractor that the City selects to perform its portion of the work relating to the improvements to perform the work required under this Agreement. 12. Future Work. The Parties agree to work together to define the future access to service the lots created by the future subdivision of Tooth Acres and The Diamonds, and that access between the future subdivisions will be provided internally to reduce congestion on Riverdale Drive. 13. Storm Water Pond Maintenance. The proposed storm water pond identified as "D" and the current storm water pond located in "F" shall be maintained by the City at its own expense. 14. Pedestrian Walkway and Easement. The City agrees that the replacement of the existing pedestrian walkway on "E" affected by the Riverdale Extension Project