Agenda - Council - 01/24/2006 - Laserfiche WebLink

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11. 12. Total NA Stage I and Stage II Improvements shall be installed in accordance with the the Final Plat and Final Engineering Plans dated December 21~ 2005, and in accordance with CITY standards, CITY Code and plans and specifications which have been prepared by a competent registered professional engineer furnished to the CITY and approved by the CITY Engineer. RAMSEY TOWN CENTER, LLC shall obtain all necessary permits from all agencies before proceeding with construction. Within thirty (30) days after the completion of the Improvements and before the security is released, the RAMSEY TOWN CENTER, LLC shall supply the CITY with a complete set of reproducible "As Built" plans. Payment of Sewer and Water Trunk Charees. There is a sewer and water trunk fee of Two Hundred Twenty Thousand Four Hundred Sixty Four Dollars and no cents ($220,464.00) (72 units X $3,062/unit) due on the Plat. Ramsey Town Center Phase I Roadway Improvements. Phase II Roadway Improvements; AUAR Roadway Improvements. Parkin~ Facility Improvements: In accordance with City of Ramsey Resolutions 05-02-065, 05-02-066, 05-02-067 and 05-02-068, assessments for Kamsey Town Center Phase [ Roadway Improvements, Phase II Roadway Improvements, AUAR Roadway Improvements, and parking facility improvements shall be payable to the CITY in a single installment prior to the release of the final plat mylars for recording. The assessments due to the CITY for Ramsey Town Center 12th Addition are One Hundred Forty Six Thousand Four Hundred Sixty One Dollars and no cents ($146,461.00), plus interest at a rate of 6.3% per annum commencing Februrary 22, 2005 to the actual date of payoff. 13. Stormwater Management Fee. The current Stormwater Management Fee is $397.00 per unit. Stormwater management fee obligations for the Plat are Twenty Eight Thousand Five Hundred Eighty Four Dollars and no cents ($28,584.00) (72 x $397.00). 14. Hard Surfaced Driveways. Hard surfaced driveways (bituminous or concrete) are a requirement for each lot in the Plat. Driveways shall be installed by the building permit applicant or the homeowner at the time the Certificate of Occupancy is issued or as soon thereafter as possible, weather permitting. In the event the driveway is not timely installed on a lot, the DEVELOPER and/or the DEVELOPER'S assign(s), agree that the CITY may install the driveway on the lot and specially assess the cost therefore against the lot. The DEVELOPER waives all right to a public hearing and other statutory fights or CITY Charter fights granted a property owner relating to special assessments, including the fight to appeal the special assessment for installation of the hard surfaced driveway. In addition, the DEVELOPER grants the CITY a license to enter on each lot of the Plat in order to install the improvement described in this paragraph if the same has not been previously constructed. -23O- Ramsey Town Center 12th Addition Development Contract Page 5 o[13 Pages