03-13-2017 Council Packet - Laserfiche WebLink

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Bald Eagle Erectors Site Performance Agreement page 2 of 8 approval, such as, but not limited to: landscaping, private driveways, parking areas, sanitary sewer extension, water system extension, storm drainage systems, curbing, lighting, fencing, fire lanes, sidewalks, exterior building architectural design and building elements, site grading and erosion control measures. Such improvements shall be completed in accordance with Section IV herein. B. Cost Estimates. The Developer shall provide the City with a written estimate of all applicable costs of the On-Site Work, itemized by type; the estimates shall be based upon the actual estimates provided by the contractors who are to do the Work. Said cost estimates shall be reviewed by the City, and the City shall establish the actual amount of the financial guarantee. The description and estimated cost of Developer's On-site Work are as follows: Description of Improvements Estimated Costs 1. Grading & Utility Improvements $120,000 2. Bituminous Paving $200,000 3. Concrete Paving $30,000 4. Fence $25,000 5. Erosion Control $50,000 6. Landscaping $60,000 Total Estimated Cost of Developer Improvements $485,000 Security Requirement (Total * 35%) $169,750 III. RECORD DRAWINGS A record drawing that includes an as-built survey of grading, storm water BMP’s (ponds, rain gardens, trenches, swales, etc.) is to be submitted to the City for verification of compliance with the approved plans. A hard copy and an electronic copy of the record drawing must be submitted. IV. COMPLETION DATE. If the activities authorized by site and building plan approval are not initiated within twelve (12) months from the final execution of this agreement, then Developer will need to start the site and building plan approval process from the beginning.