Agenda - Council - 07/23/2024 - Laserfiche WebLink

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2. Conformance with the Plans. The Subject Property shall be developed in accordance with the plans(the"Plans")prepared by Hakanson Anderson, dated June 12, 2024, as subsequently revised per staff comments, and as approved by Resolution#24-170, including all conditions therein. The Plans remain subject to: (a) City Staff s review and approval of the Plans to, among other things, confirm that the revisions requested in the CITY's review have been made; and (b) such further revisions as the PERMITTEE may propose and the CITY approves. The Plans shall not be attached to this Agreement,but are in the CITY's files. 3. Incorporation of All City Code Requirements. That the recitals above and the applicable provisions of the City Charter, Subdivision Code, and Zoning Code of the CITY, as amended to date hereof, are incorporated herein by reference. 4. State Building Code Compliance. The structure(s) shall be constructed in accordance with the requirements of the Building Code. 5. Fire Lanes. Fire lanes shall be maintained on the Subject Property. The exact locations of these items on the Subject Property shall be as directed by the Fire Chief. The PERMITTEE herein agrees to post"No Parking" signs along private streets in accordance with City Code requirements and in conjunction with the instructions of the Fire Chief. 6. Required Improvements. The PERMITTEE shall construct and install the following site improvements on the Subject Property in accordance with the specifications and location as shown on the Plans. The Required Improvements and the allocated costs therefor are as follows: Required Improvement Cost 125% of Cost Release Amount a. Grading and Erosion Control $189,3 91.00 $23 6173 8.75 b. Sanitary Sewer $91240.00 $111550.00 c. Watermain $58,010.00 $721512.50 d. Streets, Sidewalks, Parking Lot, $667,539.00 $8341423.75 and Storm Sewer e. Landscaping $99,140.00 $123,925.00 TOTAL $11023,320.00 $1,279,150.00 ("Required Improvements") The PERMITTEE agrees to construct the Required Improvements according to the terms and conditions of this Agreement, in accordance with the Plans, and in compliance with Staff review comments. 7. Required Improvements Completion Date. The Required Improvements shall be completed within twenty-four (24) months from the date of Site Plan approval for the New Building, subject to Unavoidable Delays. For the purposes of this Agreement,Unavoidable Delays means delays, outside the control of the party claiming its occurrence, which are the result of strikes, other labor troubles, unusually severe or prolonged bad weather, acts of God, global pandemic, epidemic, fire or other casualty to the Project, litigation commenced by third parties PSD,LLC/Skyline on Sunwood Development Agreement Page 2 of 8