2004-068 Council Resolution - Laserfiche WebLink

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Development Contract Eagle Brook Church 5 -24 -2004 14. Construction of Developer's Improvements: a) The construction, installation, materials and equipment shall be in accordance with the plans and specifications approved by the City. b) All of the work shall be under and subject to the inspection and approval of the City and, where appropriate, any other governmental agency having jurisdiction. c) Prior to the acceptance of Developer Improvements by the City, the Developer shall obtain final plat approval and record the final plat. d) All construction debris and trash shall be properly disposed of at the Developer expense and in a timely manner as determined by the City. 15. The improvements to CSAH 14, CSAH 21, and the Northbound I -35E Exit Ramp, as described in City Council Resolution 04 -17, shall be completed at the Developer expense. The Developer must obtain all necessary approvals from Anoka County and the Minnesota Department of Transportation. The Developer is responsible for acquiring any necessary right -of -way, temporary easements, or permanent easements for the construction of the CSAH 14, CSAH 21, and Northbound I -35E Exit Ramp improvements. 16. The Developer shall construct and pay for all improvements as described in the landscaping plan. 17. Guarantee a) Faithful Performance of Construction Contracts and Letters of Credit (1) The Developer will fully and faithfully comply with all terms and conditions of any and all contracts entered into by the Developer for the installation and construction of all Developer Improvements and hereby guarantees the workmanship and materials for a period of one year following the City's final acceptance of the Developer's Improvements. Concurrently with the execution hereof by the Developer, the Developer will furnish to, and at all times thereafter maintain with the City, a cash deposit, certified check, or Irrevocable Letter of Credit, based on one hundred fifty (150 %) percent of the total estimated cost of Developer's Improvements. An Irrevocable Letter of Credit shall be for the exclusive use and benefit of the City of Lino Lakes and shall state thereon that the same is issued to guarantee and assure performance by the Developer of all the terms and conditions of this Development Contract and page 5 -53-