Agenda - Council - 08/27/2024 - Laserfiche WebLink

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rt 3. Incorporation of All City Code Requirements. That the recitals above and the applicable provisions of the City Charter,Subdivision Code,Zoning Code and Public hnprovement Code of the CITY,as amended to date hereof, are incorporated herein b y referen cc. 4. State Building Code Compliance. Tho, stracture(s) shall be constructed in accord ance with the requirements of the Building Code. 5. Fire Lanes.Fire lanes shall be maintained on the Subject Property.The exact locations of these 4 ACMSon 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 fallowing site improvements on the Subject Property in -accordance witli the specifications and location as shown on the Plans.The Required ImproNrcments are as follows: a. Storn drainage facilities b. S tormwater-m ainten anti c. Sanitary sewer and water utilities d. Parking/maneuvering area(s) e. Concrete curb and tter f. Lot grading g. Landscaping h. lnstallation and removal of temporary erosion control measures. i, Temporary and pennanent erosion control. "Required Improvements)" The PERT ITTEE 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't-welve(12)months fr6m the date.of Site Plan approval for the building adidition. 8. Required Improvements Financkil.Guaranty. In order to ensure the installation of the Required I m provem e n t s in ac c ard ante with CITY speci fi cations and in a th-liel y manner,the PERMITTE E sliall be required to deposit with the CITY a cash escrow or an irrevocable letter of credit,approved as to form by die CITY, in the amount of Six Hundred Forty-One Thousand Three Hundred Twenty Doliars and No Cents(5641,320.00),which is 125% of the CITY's estimated cost of the Required Improvements. Prior to the issuance of the building permit,the financial guaranty must be provided as required herein. Upon completion of the construction of the Reqwired Improvements and written' acceptance by the CITY, the financial guaranty shall be returned to the PERMITTEE and the PERMITTEE shall be required to previde the landscaping maintenance guaranty desefibed in Section 111 Paragraph 12 of this Agreement- 'Fhe determination of completion of the construction of the Requiured Improvements shall be made by the CITY. Jn the event the PERMITTEE fails to construct and install the Required Improvements as required herein,the City Council may order the completion of the Required Improvements with CIT'V day labor and/or by letting contracts for sal d c omp I eti on an d draw up an the escrow for p ayment. On I y the C14 ty Council sh a!111 ave tb e 2