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Agenda - Council - 10/10/2017
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Agenda - Council - 10/10/2017
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3/17/2025 3:38:37 PM
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10/24/2017 2:20:09 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
10/10/2017
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b. Concrete curb and gutter <br />c. Street traffic control devices (not required) <br />d. Lot grading <br />e. Sidewalks <br />f. Boulevard sodding <br />g. Trunk and lateral sanitary sewer <br />h. Trunk and lateral water main <br />i. Storm drainage facilities <br />j. Electricity (within one-fourth mile) <br />k. Phone (within one-fourth mile) <br />1. Natural gas (within one-fourth mile) <br />m. Water shut off boxes <br />(the "Stage I Improvements"). <br />The PERMITTEE agrees to construct the Stage I Improvements according to the <br />terms and conditions of this Agreement and in accordance with the Plans and the <br />City Code. Per City Code Section 117-615, the PERMITTEE shall provide the <br />CITY with a set of re -producible as -built plans in Computer Aided Drafting (CAD) <br />format upon completion of the Stage I Improvements and acceptance by the CITY. <br />As as -built plans are a required Stage I Improvement item per City Code Section <br />117-615, the CITY will not release in its entirety the required Stage I Improvement <br />Financial Guarantee noted in paragraph #6 below until such as -built plans are <br />received by the CITY. Additionally, the PERMITTEE agrees to provide to the <br />CITY the plans in CAD format prior to the commencement of construction of the <br />Stage I Improvements. <br />4. Additional Requirements Related to Certain Stae I Improvements. This <br />paragraph intentionally deleted. <br />5. Lot Corner Stakin. The PERMITTEE must install lot corner stakes at all lot <br />corners. <br />6. Stae I Improvement Financial Guarantee. The PERMITTEE shall provide a <br />financial guarantee to the CITY guaranteeing the construction of the Stage I <br />Improvements and their timely completion. The PERMITTEE shall be <br />responsible for a financial guarantee in the amount of ($578,732.50), which amount <br />is 125% of the CITY Engineer's estimated cost of the Stage I Improvements <br />($462,986 x 1.25). Upon completion of Stage I Improvements (including the <br />removal of "temporary" erosion control measures as identified in the approved <br />Grading Plan), acceptance by the CITY, supported by appropriate lien waivers, <br />The PERMITTEE may request a reduction in the amount of the financial <br />guarantee. <br />7. Inspection Fees for the Stae I Improvements. The PERMITTEE shall provide an <br />inspection fee to the CITY to inspect the Stage I Improvements. The <br />PERMITTEE shall be responsible for an inspection fee in the amount of <br />
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