Laserfiche WebLink
23. Ownership of Improvements. Upon the completion of the work and construction <br /> required to be done by-this Contract, the Improvements lying within public easements <br /> shall become CITY property without further notice or action. <br /> <br />24. Landscaping. <br /> <br /> a. Compliance With Plans. The DEVELOPERS shall landscape the Plat in <br />accordance with approved plans. The landscaping shall be accomplished in accordance with a <br />time schedule approved by the CITY. <br /> <br /> 'b. Maintenance Guarantee for Landscaping. The DEVELOPERS shall <br />provide a maintenance guarantee to ensure the survival of the plantings in the Plat. Said <br />maintenance guarantee shall consist of cash or a Letter of Credit, approved as to form by the <br />CITY, in the amount of fourty-six thousand nine hundred eighty .dollars and n-o cents ($46,980). <br />[required plantings (451 trees; 2,230 shrubs) x cost/planting ($100/tree, $50/shrub) x 30% <br />average non-survival rate], which guarantee shall be in effect for a two-year 'period commencing <br />on the date of the CITY's acceptance of said plantings as part of the Required Improvements. <br />The DEVELOPERS shall be required to establish with the CITY an escrow to secure payment <br />of said $46,980 (the "Landscaping Escrow"). The Landscaping Escrow does not include the <br />plantings along Rhinestone St (42 trees), which are a part of the overall streetscape of Town <br />Center that are covered through a separate surety. <br /> <br /> At the end of the two-year period, the maintenance guarantee shall be returned to the <br />DEVELOPERS. The determination that all plantings that have been planted in accordance with <br />the approved Landscape Plan have either survived or have been replaced shall <br />Community Development Department. In the event the DEVELOPERS fail <br />required plantings for a two-year period, the CITY Council may order the <br />plantings with CITY day labor and/or by letting contracts and draw upon the es6row for <br />payment. Only the CITY Council shall have the authority io direct replacement of the plantings <br />and withdraw from the esCrow account. The. DEVELOPERS hereby grants permission and a <br />license to the CITY and/or its contractors and assigns to enter upon_the Subject Property for the <br />purpose of replacing plantings in the event of the DEVELOPERS' default. <br /> <br />be made by the <br />to maintain the <br />'replacement of <br /> <br /> c. Tree Disease Prevention and Disposal. The DEVELOPERS shall prevent <br />the introduction and spread of tree disease into the residual tree populations of the Subject <br />Property and adjoining properties as well as mitigate the effects of construction activity on tree <br />health, within and outside of the Subject Property. The DEVELOPERS, in order to protect trees <br />from constructign damage shall: <br /> <br /> i. Install physical barriers, such as snow fence, around trees that are to <br />remain after initial grading. The fencing shall be located at the dripline of these 'save' trees. <br /> <br /> ii. Insure that all equipment operators will have readily available, a tree <br />wound dressing, and will apply, it immediately to damaged oak trees if wounding occurs from- <br />April 15 through July 15. <br /> <br />· Ramsey Town Center 7th Addition <br /> Development Contract <br /> Page 9 of 16 Pages <br /> <br />-201- <br /> <br /> <br />