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Resolution 24-009
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Resolution 24-009
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1/23/2024 12:23:42 PM
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1/23/2024 12:23:34 PM
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City Council
Council Document Type
Resolutions
Meeting Date
01/22/2024
Council Meeting Type
Regular
Resolution #
24-09
Resolution Title
Approving Site Improvement Performance Agreement with Vorandesoto LLC (Culver's Restaurant)
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building architectural design and building elements, site grading and <br /> erosion control measures. <br /> Such improvements shall be completed in accordance with Section IV <br /> herein. <br /> B. Cost Estimates. The Developer shall provide the City with a written <br /> estimate of all applicable costs of the On-Site Work, itemized by type; the <br /> estimates shall be based upon the actual estimates provided by the <br /> contractors who are to do the Work. Said cost estimates shall be reviewed <br /> by the City, and the City shall establish the actual amount of the financial <br /> guarantee. The description and estimated cost of Developer's On-Site <br /> Work are as follows: <br /> Description of Improvements Estimated Costs <br /> 1. Lighting $ 18,800.00 <br /> 2. Fences/Screen Structures $ 0.00 <br /> 3. Trash Disposal Structures $22,561.00 <br /> 4. Curbing/Islands/Delineators $ 41,240.00 <br /> 5 Storm Drainage Systems/ Sewers/Catch Basins/ $35,400.00 <br /> Culverts/Swales <br /> 6. Public Trails and/or Sidewalk $ 0.00 <br /> 7. Private Trails and/or Sidewalk $ 11,200.00 <br /> 8. Driveway/Curb cut/Parking Lot/Fire Lane $ 86,190.00 <br /> 9. Water mains/Hydrants/ Sanitary Sewers $ 47,950.00 <br /> 10. Landscaping $ 39,820.00 <br /> 11. Site Grading $88,900.00 <br /> 12. Erosion Control $6,870.00 <br /> Total Estimated Cost of Developer Improvements $398,931.00 <br /> Security Requirement(Total * 35%) $ 139,626.00 <br /> III. DEVELOPER FEES. <br /> A. Trunk Sanitary Sewer Connection Fees —Not Applicable <br /> The City established trunk utility connection fees to uniformly distribute <br /> the costs of public trunk sanitary sewer infrastructure. The Trunk Utility <br /> Connection Fee consists of two components; a Trunk Charge and an <br /> Availability Charge. <br /> Trunk Charge <br /> Culver's Site Performance Agreement page 2 of 11 <br />
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