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2012-057 Council Resolution
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2012-057 Council Resolution
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9/24/2014 12:39:51 PM
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9/24/2014 9:56:36 AM
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City Council
Council Document Type
Master List Resolution
Meeting Date
06/25/2012
Council Meeting Type
Regular
Resolution #
12-057
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• <br />• <br />The Developer, its contractors and subcontractors, shall follow all reasonable <br />instructions received from the City's inspectors. Prior to construction, the <br />Developer or its engineer shall schedule a preconstruction meeting at a mutually <br />agreeable time at the Lino Lakes City Hall, located at 600 Town Center Parkway, <br />Lino Lakes, Minnesota with contractors, subcontractors, the City staff, and other <br />parties specified by the City to review the program for the construction work. <br />E. Record Plans. Within thirty (30) days after the completion of the improvements <br />the Developer shall supply the City with a complete set of reproducible mylar <br />"Record" drawings, and two complete sets of paper copy "Record" drawings, all <br />prepared in accordance with City standards. An electronic copy of the plans shall <br />also be submitted in an AutoCAD DWG format. <br />III. COMPLETION DATE. <br />The activities authorized by site and building plan approval shall be initiated within six (6) <br />months. If such activity is not completed within eighteen (18) months, the City may <br />exercise any remedies as set forth in Section IX., unless an extension is granted by the City. <br />IV. GUARANTEE. <br />A. The Developer will fully and faithfully comply with all terms and conditions of <br />any and all contracts entered into by the Developer for the installation and <br />construction of all Developer's Off -site Work and hereby guarantees the <br />workmanship and materials for a period of one year following the City's final <br />acceptance of the Developer's Off -site Work. Concurrently with the execution <br />hereof by the Developer, the Developer will furnish to, and at all times thereafter <br />maintain with the City, a cash deposit, certified check, or Irrevocable Letter of <br />Credit, based on thirty -five (35 %) percent of the total estimated cost of <br />Developer's On -site and Off -site Work. An Irrevocable Letter of Credit shall be <br />for the exclusive use and benefit of the City of Lino Lakes and shall state thereon <br />that the same is issued to guarantee and assure performance by the Developer of <br />all the terms and conditions of this Development Contract and construction of all <br />required improvements in accordance with the ordinances and specifications of <br />the City. The City reserves the right to draw, in whole or in part, on any portion <br />of the Irrevocable Letter of Credit for the purpose of guaranteeing the terms and <br />conditions of this contract. The Irrevocable Letter of Credit shall be <br />automatically extended for additional periods of one year from present or future <br />expiration dates unless thirty (30) days prior to such the City Clerk or <br />Administrator is notified in writing by certified mail that the Letter of Credit will <br />not be renewed. <br />
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