Agenda Packets - 1983/04/25 - Laserfiche WebLink

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DEVELOPMENT AGREEMENT NO. 82-54 U8XII1.111T 2A In addition to the foregoing conditions, Developer agrees to the following: 1) The Developer hereby agrees to pay all bills for expenses incurred by the City within 30 clays of receipt. 2) Post $5,000 in cash to the City to cover inspection and administrative costs of the City regarding the improvement of the property. 3) An additional ten (10) feet of• drainage and utility easement be placed along the north line of Lot 8. 4) That easement documents for filing on Lots 17, 18 and 19 and part of• Lot• 16 denoted drainage easement on the Edgewood Square Plat be prepared and submitted to the City subject to approval of the City Attorney. 5) The Developer submit• a 7-year security in the amount- of $5,000.00 covering the requirements of Resolution No. 983 for the Plat. ® 6) That the Developer agrees to the changes in the public improvement plan and specifications discussed and agreed to in Meeting Minutes dated 3/30/82 (Exhibit 2B) and a letter from Sliort•-Elliott-liendrickson dated 4/7/82 (Exhibit 2C) hereby attached. This includes the installation of an out- side drop for sewer as stated in #1 of Exhibit 2B. 7) The Developer agrees to allow a special assessment in the amount of $6,944.82 to be assessed against the benefitting lots of the property to be known as Edgewood Square. 8) The public improvement shall be completed no later than October 15, 1983. 9) That the as-builts for the public improvements be submitted no later than 30 days after final acceptance of the project. 10) No sewer and water connections shall be allowed to the new improvement prior to its final acceptance. 11) The Developer agrees to provide drainage to the west along the front• of lots 3, 4, 5 and 6 which abut• County Road I per plan approved by the City Council on 3/28/83 subject to t the approval of the Ramsey County Engineer. Drainage charge will require adjustment of top elevation or detention pond bank.