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05-07-2002 Additions
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05-07-2002 Additions
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5/15/2012 8:19:42 AM
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City's Engineer, at Developer's expense, shall also inspect the construction ofpublic improvements for the purpose <br />of certifying the same and recommending acceptance by City. Developer shall also complete construction staking <br />for the project at Developer's expense. <br />8. Easements. The Developer shall acquire and dedicate easements as necessary for the construction <br />and maintenance of the public and private improvements pursuant to City requirements including any easements <br />necessary for the sanitary sewer and water systems. The Developer shall pay all costs relating to the acquisition of <br />the necessary easements, including attorneys' fees, costs, appraisals, the cost of the necessary property, and any other <br />special conditions which the Developer shall negotiate with any affected property owner(s). The Developer also <br />agrees to reimburse the City for any costs associated with the acquisition of the easements including drafting, review <br />and recording. <br />9. Consents to Easements. The Developer shall obtain consents to any required easements as necessary. <br />10. License. The Developer hereby grants the City, its agents and employees, a license to enter any of the <br />above - described property to perform all necessary work, maintenance and /or inspections deemed appropriate by the <br />City during the construction of the improvements. The license shall expire after the improvements are installed <br />pursuant to this Agreement and approved by the City. <br />11. Responsibility for Costs. The Developer shall pay all costs in conjunction with evaluation, design <br />and construction of the improvements and all costs incurred by the City relating to the preparation of this <br />Agreement, and all reasonable costs and expenses incurred by the City in monitoring and inspecting the construction <br />of the public improvements, but not limited to, attorneys' fees, engineering costs, appraisals, City staff time, <br />planning costs, and administrative fees. Costs for City staff time expended in conjunction with this project are <br />expected to equal two and one half percent (2.5 %) of the construction cost of this project as documented by the <br />initial contract. Said fee can be increased or reduced at the sole discretion of the City should staff time required vary <br />dramatically from this estimate. Billing will be on a flat percentage basis as deemed appropriate by the City. <br />Simultaneous with the execution of this Development Agreement, the Developer agrees to deposit the sum of Five <br />II: \Kris'' \CORRESP \Kris' 2002 \LC Office Park Development Contract.doc <br />-3- <br />PAGE 10 <br />
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