Laserfiche WebLink
<br />h. Alternative wastewater treatment system <br />1. Installation of 156th Avenue to Alpine Drive <br />J. Natural gas <br />k. Telephone service <br />1. Electric service <br />m. Irrigation service <br /> <br />("Stage I hnprovements") <br /> <br />7. <br /> <br />The DEVELOPER agrees to construct the Stage I Improv~w't ccording to the terms <br />and conditions of tins agreement and in accordancy.;,;;'W,'itp. DEVELOPER'S plans <br />submitted to the CITY. Said plans shall be in conf~tW~8g111~~~ the plat submittal and <br />engineering plan submittal dated November 16, 2~;g:~~r~vised'<;I;i:;i;~, <br />.(6~:~~:'~~~'~{:~:;~~r~~.. <~~;~~~:::I~~:;~> <br />The DEVELOPER shall be responsible for 9~inpletmg the rough gfii:!11ng and providing <br />lot corner stakes prior to the installation O{;.:A;:;:~ ground<lltilities.' "<~~~)~i~;);>;<;;;" <br />,;:'" '.'. ,:~1ij;~;~:c';]i;1~:;:;' <br />Stage I Improvement Completion Date. The' ,",' prbvements shaiI be completed <br /> <br />on or before January I, 2008. '>:::;:::~,v~.';':;;'::;i~'ii;jij1!;;::, <br /> <br />Stage I Improvement Financia(: (j.'q~ra~tee. The D~i~pOPER shall provide a <br />financial guarantee to the CITYtc gillli~t~~Wg the d~fi~iruction of the Stage I <br />hnprovements and their timely cOn1p~etiop:~~ifi::~t"!Wcial guarantee shall be in the <br />amount of,:;:8<;;:.;~;$,.,;::~:;Aitr";.2h amount is 125% of the City <br />Engineer's es~gt~'1r26~$i::':" ..' the Stage 11Wprovemert{s. The financial guarantee required <br />by this para ,,-;~t:< hall b~~ e form of d\~h or a letter of credit, approved as to form by <br />the CITY.~"The;;:; ';ancia1:~pantee shali;~~eiaeposited with the CITY at the time of <br />execution of this ~J~:' e.i1lii:il;;~: n.totatJ~.9fupletion of Stage I hnprovements (including <br />'". .... '\-....... . ~...~.lI." . .~ <br />the xe1.1fuo~;;i;;Q{ "tern" 'era '.. ntrol measures as identified in the approved <br />G:~jiili~g'j;Iiriij~j~~~9Geptan: .. . the Crry, supported .by appropriate lien waivers, the <br />..~:"":.''''' . ,,'.~>J:':':_', ".".-~ <br />,<<~~VELOPER mi!.Yl:t~quest'a;:t~4~ction in the amount of the financial guarantee, but only <br />.c''-' If;~~,;;~aintenanceg&~antee r~quired by Paragraph 9 below has been deposited. <br />"":~~~'.'~.--;:.:'.-~~.::.',..;.:..".. ~,;-~/~: <~ <br />..- - .;:::.;.. <br /> <br />Com:Jiti~,i.~ Septic~f;i;;'System and Well Maintenance and Monitoring. The <br />"i.\.,r..".,_, _,_Or'. <br />DEVLOP]1~~ shalM~t~mploy the expertise of a certified septic system inspector that <br />specializes ili.;~~g;~~;~ystems to monitor and maintain the integrity of the community septic <br />system. Also ~~:;'DEVELOPER shall employ an expert to monitor and maintain the <br />community well. The responsibilities of such inspectors, as well as the business <br />association's responsibilities to continue to employ them shall be specified in a utility <br />operating agreement. An inspection fee of will be required to <br />ensure the proper installation of community well and septic and the fire suppression <br />system. <br /> <br />8. <br /> <br />9. <br /> <br />10. <br /> <br />Inspection Fees. The DEVELOPER shall be responsible for all inspection costs <br />incurred by the City related to the installation of Stage I hnprovements. The <br />. DEVELOPER shall make a cash deposit into the appropriate escrow account at the City <br /> <br />North/ork Office Condos <br />Development Agreement <br />Page 3 0/8 <br /> <br />-151- <br />