Laserfiche WebLink
Woods of Clearwater Creek <br /> Development Agreement DRAFT August 27, 1998 <br /> DEVELOPMENT CONTRACT <br /> WOODS OF CLEARWATER CREEK <br /> CENTERVILLE, MINNESOTA <br /> (Developer Installed Improvements) <br /> THIS AGREEMENT, made this day of 1998, is by and <br /> between the City of Centerville, whose address is 1880 Main Street, Centerville, Minnesota <br /> 55038, a municipal corporation organized under the laws of the State of Minnesota, hereinafter <br /> referred to as the "City ", and Mr. Richard Travis, whose address is P.O. Box 533, Circle Pines, <br /> MN, hereinafter referred to as the "Developer ". <br /> WHEREAS, the Developer has received approval from the City Council for a preliminary <br /> plat of land within the corporate limits of the City known as Woods of Clearwater Creek, <br /> hereinafter called "Subdivision'; and <br /> WHEREAS, the Developer has applied to the City to be allowed at the Developer's <br /> expense to construct all surfaced streets, curb and gutter, required landscaping, storm sewer, <br /> stormwater ponds, drainage facilities, watermain and sanitary sewer facilities, hereinafter <br /> referred to as Street and Utility Improvements; and <br /> WHEREAS, the Developer is to be responsible for the installation and financing of certain <br /> private improvements within the plat, hereinafter referred to as Private Improvements; <br /> NOW, THEREFORE, in consideration of the mutual promises of the parties made herein, <br /> IT IS AGREED BY AND BETWEEN THE PARTIES HERETO: <br /> A. PRIVATE IMPROVEMENTS The Developer will construct and install at Developer's <br /> expense the general improvement construction according to ordinance #8, Section 38.01 <br /> and other improvements specific to the development herein set forth. <br /> 1. Cost of Private Improvements, description: <br /> a. Street name signs (installed by the City) <br /> approximately 1 @ $250 /each $250 <br /> b. Traffic signs, stop sign, dead -end, etc. <br /> (installed by the City) approximately 2 @ $200 /each $400 <br /> C. Utility markers <br /> approximately 5 @ $200 $1,000 <br /> d. Street sweeping <br /> 3 each @ $600 /each $1,800 <br /> 0MROA804080j \080- 2401,j une. DevAgree.doc Page 1 <br />