Laserfiche WebLink
(3) Watermain looping to provide a Second water .source to the Development from <br /> Alpine Drive, $54,000. <br /> <br /> The DEVELOPER agrees to construct ali of the above improvements as ~ part of the Stage I <br /> Improvements. The DEVELOPER shall be .reimbursed by. the.:::iCITY 'for the actual <br /> construction costs for items (1) and (2) described above, upon'receipt of'an invoice <br /> establishing the cost of the completed work and the CITY inspect~g and accepting said <br /> sewer and water improvements, less the standard trunk charges:of FortY:Nine ThOusandlNine <br /> Hundred and Ninety-Eight Dollars and no cents <br /> DEVELOPER will not be reimbursed for item (3). <br /> · :~ :;5:~:.. <br /> <br /> The DEVELOPER shall pay sewer and water tm. mk. charges for the existing homes wi~."fi <br /> the Plat. When connected to City services, welti~;.ind septic systems for these homes shall:be <br /> properly abandoned. Existing wells may be :milized'for irrigafi°n..purposes, consistent with <br /> City policy. .... (55':~:: - <br /> <br />10. Stormwater Management Fee. The current Stormwater;:.:?Management Fee is $3']5.00 per <br /> unit. Ston:nwater management fee obligations for the DevelaPment is ~}pe Thousand Seven <br /> Hundred Fifty Dollars and no cents ($9,'750) (26 lots X <br /> <br /> :: :: ~:: SECTION II <br /> STAGE II IMPROVEMENTS AND' FINANCIAL GUARANTEES <br /> <br />11. Stage II Improvements Required::: The Stage li Improvements which the CITY requires <br /> the DEVELOPER to construct within the Plat are as follows: <br /> <br /> a) Street striping and signing '": :: <br /> b): Traffic signing .... ' ::'-" <br /> · c) Future Through Street Signing <br /> d) Street lights :- ' :' . ..... <br /> e) Street light maintenance :' <br /> f) Street sweeping <br /> g) Seal coating <br /> <br /> ("Stage II Improvements") <br /> <br /> payment for Stage·II Improvements. The CITY will install in the Plat the Stage II <br /> hnprovements. The DEVELOPER shall also deposit an amount that is determined by the <br /> CITY to be adequate to aid in the operation and maintenance of street lights in locations <br /> within the Plat determined by the City Engineer and installed by Con.nexus for the first three <br /> (3) years after final plat approval. The CITY will bill residents in the Plat at least quarterly <br /> for street light maintenance and operation costs; billing will be initiated.at the time a <br /> residence connects to municipal water and sanitary, sewer. The DEVELOPER will pay to <br /> the CITY an amount equal to 100% of the City. Engineer's estimated construction cost of the <br /> items prior to recording of the final Plat. The City Engineer's estimated cost of construction <br /> is: <br /> <br />].2. <br /> <br />.41pine ~4~oods Subdivision <br />Development Agreement <br />Page 6 of J2 <br /> <br />-291- <br /> <br /> <br />