Agenda - Council - 05/13/2025 - Laserfiche WebLink

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2. Conformance with the Plans. The Subject Property shall be developed in accordance with the civil plans (the "Plans") prepared by Bogart, Pederson & Associates, Inc., dated February 11, 2025, with individual plan sheet final revision dates as outlined in Exhibit A, and the Photometric Plan prepared by Pulse, with a final plan sheet revision date also outlined in Exhibit A. 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, Zoning Code, and Public Improvement Code of the CITY, as amended to date hereof, are incorporated by reference. 4. 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 Marshall. 5. 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 are as follows: a. Storm drainage facilities b. Stormwater maintenance c. Sanitary sewer and municipal water utilities d. Bituminous parking lot / maneuvering area(s) e. Concrete curb and gutter f. Lot grading g. Landscaping h. Lighting i. Installation and removal of temporary erosion control measures (the "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. 6. Required Improvements Completion Date. The Required Improvements shall be completed within twelve (12) months from the date of Site Plan approval. 7. Required Improvements Financial Guaranty. In order to ensure the installation of the Required Improvements in accordance with CITY specifications and in a timely manner, the PERMITTEE shall be required to deposit with the CITY a cash escrow or an irrevocable letter of credit, approved as to form by the CITY, in the amount of Three Hundred Fifty -Six Thousand Seven Hundred Eighty -Four Dollars and No Cents ($356,784.00), which is 75% of the CITY's estimated cost of the Required Improvements. Prior to the commencement of any site improvements, the financial guaranty must be provided as required herein. Upon completion of the construction of the Required Improvements and written acceptance by the CITY, the financial guaranty shall be returned to the PERIVIITTEE and 2