Agenda - Council - 12/28/2006 - Laserfiche WebLink

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in connection with the approval of the Final Plat; tAs with the grading I need more direction from the Ci as to the establishment of a com letion date for this work. • and ~e {~j-any other public improvements, other than public improvements described in Sections ~-8; 11 e~12.1 ~Heveor 12.2 that are depicted or described in the Final Plat Data City approves in connection with the approval of the Final Plat or are otherwise required by the Zoning and Subdivision Ordinance, including, but not limited to, lot corner monumentation.(As with the grading I need more direction from the Citv as to the establishment of a completion date for this work.l The improvements described in subsections (a), (b), (c)ad and (de) above are referred to in this Agreement as the "Developer Arx-~t-e-Public Improvements." Future development a~reementc the Citv and Developer execute in connection with re plats of the Development Property and Development PermYts City issues m the future as a part of site plan review and a royal for individual lots ma obL ate Develo er to construct additional u lic im rovements necessitated as a result of a future re-subdivision of a lot or Develo er's development of a lot Developer may not commence work on any of the el3siteke Developer Public Improvements (other that the monumentation of the l~at lot and outlot corners) before City' .has approval the Master Plan an the Final Plat. Developer has recorded the Final Plat and Developer has acquired title to the Development Property from Crtv (Any other conditions precedent to Developer's commencement of work on Developer Public Imurovemenfs~] ~- 12.4 Developer Private Improvements (Will this Development Agreement re uir Develo er to construct an rivate im rovements? If so how will those im rovements be defined, when must those improvements be completed and how will the amount of the letter of credit attributable to those improvements be determined~l 12.5 -}-~3-Security for Performance of Developer's Obligations with Respect to Developer 9r1-bite-pubic Improvements and Developer Private Improvements. Before City will release the Final Plat to Developer for recording, Developer must deliver to City -an original letter of credit that is: (a) issued by a bank or other financial institution that is reasonably acceptable to City (the "Issuer"); 1974417vdoc V2 to VI 12/18/06 16 -141-