12-19-2007 Council Agenda - Laserfiche WebLink

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Development Contract forfeit and retain the entire amount of such financial guarantee or at its option use the financial guarantee to complete part or all of the Improvements. The City shall not be required to provide any notice or procedures other than those contained within the financial guarantee document filed with the City. The City shall have the right to enter upon the property to inspect work or complete all or a portion of the Improvements as necessary. In the event the City does any such work, the City may, in addition to its other remedies, assess against the Property any costs that the City incurs which exceed the amount of the financial guarantee. 11. Developer shall be responsible for any Water Availability Charges and /or Sewer Availability Charges associated with any improvements made to the building that trigger their application, including any charges imposed by Metropolitan Council Environmental Services that may become due with any building permits required by improvements to The Property. 12. No park dedication fees shall be payable for The Property. The Improvements 13. Due to the lack of general maintenance and repair that to the existing structure on The Property, Developer agrees to complete the following work by no later than July 1, 2008: • Staining of the entire area of existing wood treatment where the Knox sign was located to ensure that "Knox" can no longer be seen on the wood. Said staining shall be done in a manner to ensure that the stained area and any unstained areas are visually indistinguishable. • Removal of all rank growth of trees and weeds around perimeter of building and in the fenced area along the west side of the property. • Repair of the main entry door area on the north east corner of the building to present a reasonable appearance. • Paint portion of east wall to closely match color of the majority of the adjoining surface. Said area to be painted is roughly 10 feet by 16 feet in size. 5