CC PACKET 08241999 - Laserfiche WebLink

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City, the Developer hereby authorizes the City to commence an Interpleader action pursuant to Rule 22, Minnesota Rules of Civil Procedure for the District Courts, to draw upon the letters of credit in an amount up to 150 percent of the claim(s) and deposit the funds in compliance with the Rule, and upon such deposit, the Developer shall release, discharge, and dismiss the City from any further proceedings as it pertains to the letters of credit deposited with the District Court, except that the Court shall retain jurisdiction to determine attorneys' fees pursuant to this Contract. 17. Storm Sewer *The Developer shall pay a storm sewer connection area charge of $ The amount was calculated as follows: square feet at $ per square foot. A credit shall be given for trunk storm drainage facilities as determined by the City Engineer. Credits may include up to a maximum of fifteen percent (15%) of the actual construction cost approved by the City Engineer for design and construction related services, including surveying, testing, inspection, and contract administration by the Developer's engineer and/or construction manager. The charge shall be assessed against the plat over a ten-year period with ten percent (10%) interest on the unpaid balance. The assessments shall be deemed adopted on the date this Contract is signed by the City. The Developer waives any and all procedural and substantive objections to the special assessments, including but not limited to, hearing requirements and any claim that the assessments exceed the benefit to the property. The Developer waives any appeal rights otherwise available pursuant to Minnesota Statutes 429.081. 18. Sanitary Sewer Trunk Area Charge The development is subject to sanitary sewer trunk area charges totaling _$ . The Developer may elect to pay the sanitary sewer trunk area charge in cash at the time of CUP approval 19. Construction Access. Construction traffic access and egress for construction is restricted to access the site via Trunk Highway 88. No construction traffic is permitted on the adjacent local streets except TH 88.