12-08-25-R - Laserfiche WebLink

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Engineering, City Administration $7,500.00 Snelling Avenue Trail Connection $200,000.00 Sanitary Sewer Charge (per Section 16 hereof) $402,911.60 Water Charge (per Section 17 hereof) $172,646.60 Residential Dedication (per Section 20 hereof) $450,000.00 Park Development (per Section 21 hereof) $773,500.00 Total Cash Requirements $2,008,058.20 The City is implementing a pass through billing process. The $2,008,058.20 escrow will be held and all bills will be forwarded for immediate payment. If payments are not made in a timely fashion, the project will stop until payments are made. If said fees are less than estimated, the City shall reimburse the Developer within thirty (30) days of receipt of final invoices. 27. RESPONSIBILITY FOR COSTS. A. Except as otherwise specified herein, the Developer shall pay all costs incurred by it or the City in conjunction with the development of the Development Property, including but not limited to Soil and Water Conservation District charges, legal, planning, engineering and inspection expenses incurred in connection with approval of the Development, the preparation of this Agreement, review of construction plans and documents, and all costs and expenses incurred by the City in monitoring and inspecting development of the Subject Property. B. The Developer shall reimburse the City for reasonable costs incurred in the enforcement of this Agreement, including engineering and attorneys' fees. C. Intentionally omitted. D. The Developer shall pay in full all bills submitted to it by the City for obligations incurred under this Agreement within thirty (30) days after receipt. If the bills are not paid on time, the City may halt plat development and construction until the bills are paid in full. 15