#12 - Bridgewater Village DA Amendment

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submitted and approved by the City, and the Management Plan for the Stormwater Reuse Irrigation System has been submitted and approved by the City. FISCAL IMPACT: The City’s standard form of Development Agreement requires the Developer to assume all responsibility related to all site issues, including erosion control issues, drainage issues, and damaged infrastructure, in the event that building contractors are permitted to work within the subdivision prior to the Developer obtaining final acceptance of the improvements by the City. Areas of concern related to the Developer’s request: • There may be a cost to the City if it is required to engage in enforcement activities related to inadequate access, grading, or drainage. This cost must be recaptured through the escrow or letter of credit held by the City for this development. • Of particular concern are utility improvements in the areas where temporary access is proposed. If approved abutting or crossing over required infrastructure improvements, those improvements are subject to additional inspection and must be replaced if damaged at the Developer’s cost. • Additional time spent reviewing phasing plans for this development will be charged against the development escrow. OPTIONS: 1) Approve the requested amendments. 2) Deny the requested amendments. 3) Change the amendments as proposed. RECOMMENDATION: Staff recommend that the City Council approve the proposed first amendment to the Bridgewater Village Development Agreement. “Motion to approve Resolution 2024-133 approving the first amendment to the development agreement for Bridgewater Village.” ATTACHMENTS: • Resolution 2024-133 Approving the First Amendment to the Development Agreement • Amendment Requests from the Developer • Recorded Bridgewater Village Development Agreement