Agenda - Council - 09/08/2026 - Laserfiche WebLink

Home

(the "Stage 1 Improvements"). The PERMITTEE agrees to construct the Stage 1 Improvements according to the terms and conditions of this Agreement and in accordance with the Plans and the City Code. Per City Code Section 117-615, the PERMITTEE shall provide the CITY with a set of re- producible as -built plans in Computer Aided Drafting (CAD) format upon completion of the Stage 1 Improvements and acceptance by the CITY. As as -built plans are a required Stage I Improvement item per City Code Section 117-615, the CITY will not release in its entirety the required Stage 1 Improvement Financial Guaranty noted in paragraph #12 below until such as -built plans are received by the CITY, and upon provision of such as - built plans, the Financial Guarantee shall immediately and automatically terminate, without need for any supplemental documentation. Additionally, the PERMITTEE agrees to provide to the CITY the plans in CAD format prior to the commencement of construction of the Stage I Improvements. 5. Lot Corner Staking. The PERMITTEE must install lot corner stakes at all lot corners. 6. Installation of the Stage I Improvements. The PERMITTEE shall obtain all necessary permits from all governmental agencies before commencing construction of the Stage I Improvements, provided that the City acknowledges and agrees that all necessary permits have been obtained as of the date hereof. The PERMITEE must provide the CITY with copies of all necessary permits from other governmental agencies prior to or when the PERMITTEE applies for a building permit to construct improvements on a lot within the Plat. Within thirty (30) days after the completion of the Stage I Improvements, the PERMITTEE shall provide the CITY with a complete set of reproducible "As Built" plans for the Stage 1 Improvements. 7. Time of Performance for the Stage I Improvements. The PERMITTEE must complete the Stage I Improvements within one (1) year after the recording of the Plat, subject to extension due to force majeure. 8. Ownership of the Stage I Improvements. The PERMITTEE owns the Stage I Improvements until the CITY'S acceptance of the Stage 1 Improvements, expressly excluding items (h) (lot grading), (o) (water shut off boxes), and (p) landscaping (the "Excluded Stage I Improvements"). Title to the Stage I Improvements other than the Excluded Stage 1 Improvements automatically passes to the CITY upon the CITY'S written acceptance of the Stage I Improvements (and, if applicable, issuance of a certificate of occupancy or other certificate of substantial completion shall be deemed the CITY'S written acceptance of the Stage 1 Improvements). Except to the extent the CITY has accepted all or portions of the Stage I Improvements, in writing (or deemed to have accepted same), prior to the lapse, expiration, or other termination of the CITY'S financial guaranty described in Section 12 and except to the extent the CITY and the PERMITTEE may agree, in writing, to defer the CITY'S acceptance of certain specified Stage I Improvements, the CITY is deemed to have accepted the Stage I Improvements when the CITY releases the financial guaranty described in Section 12 or allows such financial guarantee to lapse, expire or otherwise terminate. 9. Stage 1 Improvements License. The PERMITTEE hereby grants the CITY and the CITY'S agents, employees, officers, and contractors an irrevocable license to enter the Subject Property to perform all necessary work and/or inspections the CITY deems 3