07-27-1994 Council Agenda - Laserfiche WebLink

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street, drainage, and utility right -of -way for the extension of Leeward Way as indicated on the proposed subdivision diagram and will also dedicate six -foot utility and drainage easements around the perimeter of Tracts A, B, and C in the proposed subdivision. 7. Consents to Easements. The Developers shall obtain consents to any required easements as necessary. 8. License. The Developers hereby grant the City, its agents and employees, a license to enter any of the above - described property to perform all necessary work, maintenance and /or inspections deemed appropriate by the City during the construction of the improvements. The license shall expire after the improvements are installed pursuant to this Agreement and accepted by the City. 9. Responsibility for Costs. The Developers shall pay all costs in conjunction with evaluation, design and construction of the improvements and all costs incurred by the City relating to the preparation of this Agreement, and all reasonable costs and expenses incurred by the City in monitoring and inspecting the construction of the improvements and all costs relating to the construction of these improvements and acquisition of easements, but not limited to, attorneys' fees, engineering costs, appraisals, City staff time, planning costs, and administrative fees. It is also understood that the Developers shall reimburse the City for any and all costs associated with the review of the subdivision approval. Simultaneous with the execution of this Development Agreement, the Developers agree to deposit the sum of One Thousand and No /100 Dollars ($1,000.00) with the City as deposit towards costs to be incurred. The funds deposited with the City shall be applied towards the payment of costs incurred by the City as set forth above. To the extent that the funds deposited are insufficient to satisfy the costs incurred by the City, any additional costs shall be paid within five (5) days of billing by the -3- Page 154