Agenda - Council - 09/10/2024 - Laserfiche WebLink

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construct and install the Required Improvements as required herein, the City Council may order the completion of the Required Improvements with CITY day labor and/or by letting contracts for said completion and draw upon the escrow for payment. Only the City Council shall have the authority to direct completion of the Required Improvements and withdraw from the escrow account. The PERMITTEE hereby grants permission and a license to the CITY and/or its contractors and assigns to enter upon the Subject Property for the purpose of completing the construction and installation of the Required Improvements in the event of the PERMITTEE's default. 10. Site Inspection Fees. The PERMITTEE shall be responsible for all site inspection costs incurred by the CITY related to the installation of Required Improvements. The PERMITTEE shall make a cash deposit into the appropriate escrow account at the CITY and the CITY shall have the authority to draw upon these funds for the purpose of compensating for inspection services. The amount of the deposit shall be equal to five percent (5%) of the estimated cost of the Required Improvements, which equates to Fifteen Thousand Five Hundred Seventy-Seven Dollars and Five Cents ($15,577.05) (5%x$311,541.00). Upon completion of the Required Improvements to the satisfaction of the CITY, any surplus balance remaining in the CITY's escrow account shall be refunded to the PERMITTEE. 11. Storm Water Management Fee. The PERMITTEE is responsible for satisfying applicable Storm Water Management Fee requirements for the plat of GH Ramsey.The PERMITTEE must pay a Storm Water Management Fee of$6,172.00 (1.16 acres x$5,321.00 per acre). 12. Park Dedication and Trail Development. The PERMITTEE is responsible for satisfying applicable Park Dedication requirements with the plat of GH Ramsey. The PERMITTEE must pay $5,916 (park dedication) and $1,508 (trail development). These amounts are based off 1.16 acres at$5,100 per acre(park dedication)and$1,300 per acre(trail development). 13. Sanitary Sewer Connection (Trunk) Fees. The PERMITTEE is responsible for satisfying applicable Sanitary Sewer Trunk Fee requirements for the plat of GH Ramsey. The PERMITTEE must pay a Sanitary Sewer Trunk Fee of$4,713.00 (1.16 acres x $4,063.00 per acre). 14. Water Connection (Trunk) Fees. The PERMITTEE is responsible for satisfying applicable Water Trunk Fee requirements with the plat of GH Ramsey.The PERMITTEE must pay a Water Trunk Fee of$8,518.00(1.16 acres x$7,343.00 per acre). SECTION II PERMITS AND OCCUPANCY 15. Requirements for Building Permit. a. No building permit shall be issued until the PERMITTEE has: (a) installed a Class 5 driving surface to within 300 feet of the structure; (b) provided the CITY Building Official with a Certificate of Survey;(c)the financial guaranty described in Section I Paragraph 8 to the CITY; and (d) obtained all necessary permits from the Lower Rum River Watershed Management Organization and has provided a copy of such permit to the CITY, if applicable; and b. No occupancy permit shall be issued until the PERMITTEE has: (a) constructed vehicular access to the lot,including the installation of at least one layer of bituminous surfacing; and(b) Take 5 Oil Change Development Agreement Page 4 of 8