Agenda - Council - 11/07/2005 - Laserfiche WebLink

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MAINTENANCE GUARANTEE FOR LANDSCAPING. It is herein agreed that the Perm ittee shall provide a maintenance guarantee to ensure the survival of the plantings. Said maintenance guarantee shall consist of cash or a letter of credit, approved as to form by the City, in the mnount o~' $1,560 [# plantings (30 trees, 44 shrubs) x cost/planting ($100/tree, $50/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 I m provements. At thc end of' the two-year period, the maintenance guarantee shall:be, rd:turned to the Permittee. Thc determination that all plantings that have been planted in.-a~i~;ordance with the Site Plan and kandscaping Plan have either survived or have been replaced::;hhii:ibe .made by the City Council al'tot consultation with the City Engineer. In the ever/t~!':the Pe~t~ee fails to maintain the required plantings for a two-year period, the City~?.Council may $~d:~r..,the replacement of plantings with City day labor and/or by letting d0ntracts and draw";:~o.n the escrow for payment. Only the City Council shall have the authority to direct replacemen~-gfthe plantings and withdraw f~om the escrow account. The:Permittee hereby grants permissk~/i~ and a license to thc City and/or its contractors and a, ssigns to en~d~:upon:th'~'Ske for the purp~'Se of replacing plantings in the event of the Permittee s default. :'!i~ii?}?.,'" ~3, INSPECTION FEES. The Permittee shall be responsible-;~0,:'~_:~ll inspection costs incurred by the City related to the installation of the R.equired Improvements::: :.The Permittee shall make a cash deposit into the appropriate escrow '~iCC'bun~,at the Ci~:--hnd the City shall have the authority to draw upon these funds for'~he purp(~!~?~fcompensating for inspection services. Thc amount or' the deposit shall be equa~l-to: five pe~:~i!;:(5%) of the estimated cost of the Rcquh'ed Improvements, which equates to ($XXX). Thins is to cover the cost of inspecting the site grading and installation of improvements. Upon completion of the Improvements to the satisl~tction of the City, any surplus balance remaining in the City's escrow account shall be rct;~unded to the Permittee. ()UTSIDE REGULATORY AGENCIES. The Permittee herein agrees to be responsible for obtaining al!' required permits or licenses from any other regulatory agencies. Dave I'erkins Contracting, Inc hereby acknowledges receipt of this permit and that they have t.~_:,/i~x¥ccl the conditions of and have agreed that they will comply with the terms of this permit. .;~TY OF RAMSEY, MINNESOTA l i:;: Mayor APPLICANT By Its: City Clerk