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02-08-1995 Council Agenda
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02-08-1995 Council Agenda
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disturbed shall be replaced after the completion of construction activities <br />or no later than August 1, 1996. <br />d. Entrance signage for the development shall be in accordance <br />with City ordinance requirements. Verification of same shall be made by <br />the City's Planner. <br />e. Developer shall prepare covenants and restrictions for the <br />townhome association to govern all of the Cobblestone Village plat. <br />Specific provisions to be addressed in these documents include adequate <br />maintenance of association improvements, guarantees of access for emergency <br />vehicles, permission for the City to enter the property to accommodate the <br />turn - around of the City's vehicles and equipment, and restriction on future <br />development for Outlot including the protection of the existing wooded <br />area. <br />f. Developer, or its agents or assigns, shall promptly clear <br />from public streets and property any soil, earth or debris resulting from <br />construction work done by the Developer or its agents or assigns <br />respectively. Failure to do so will result in the City undertaking this <br />work with costs subject to reimbursement by the Developer pursuant to <br />Provision #11. <br />g. Future residents of the plat shall not be deemed to be <br />third -party beneficiaries of this Agreement. <br />16. Letter of Credit. The Developers shall furnish the City with an <br />Irrevocable Letter of Credit in the amount of <br />and No /100 Dollars ($ ) prior to the commencement of <br />construction of improvements to guarantee their completion. Said Letter of <br />Credit shall be immediately available for the City's use to complete part <br />or all of the construction in a timely and satisfactory manner, as <br />determined by the sole discretion of the City. The Letter of Credit can be <br />reduced to <br />and No /100 Dollars ($ ), after the <br />-6- <br />Page 34 <br />
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