1996-09-25 - CC Packet - Laserfiche WebLink

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DEVELOPMENT CONTRACT EAGLE PASS (Developer Installed Improvements) THIS AGREEMENT made this day of 1996, is by and between the City of Centerville, whose address is 1880 Main Street, Centerville, Minnesota 55038, a municipal corporation organized under the laws of the State of Minnesota, hereinafter referred to as the "City ", and Gor -Em, LLG, a Minnesota corporation, whose address is 10732 Hanson Boulevard, Coon Rapids, MN 55433, hereinafter referred to as the "Developer ". WHEREAS, the Developer has received approval from the City Council for a preliminary plat of land within the corporate limits of the City known as Eagle Pass, hereinafter called "Subdivision"; and WHEREAS, the Developer has applied to the City to be allowed at the Developer's expense to construct all surfaced streets, curb and gutter, required landscaping, storm sewer, stormwater ponds, drainage facilities, watermain and sanitary sewer facilities, hereinafter referred to as Street and Utility Improvements; and WHEREAS, the Developer is to be responsible for the installation and financing of certain private improvements within the plat, hereinafter referred to as Privite Improvements; NOW, THEREFORE, in consideration of t e mutual promises of the parties made herein, IT IS AGREED BY AND BETWEEN THE PARTIES HERETO: A. PRIVATE IMPROVEMENTS The Developer will construct and install at Developer's expense the general improvement construction according to ordinance #8, Section 38.01 and other improvements specific to the development herein set forth. 1. Cost of Private Improvements, description: a. Street names and traffic signs approximately 10 @ $250 /each $2,500 b. Establish monuments at lot corners 59 lots @ $250/lot $14,750 c. Street sweeping 6 each @ $600 /each $3,600 d. Signage and barricades 3 each @ $200 /each $600 26M78- 2106.aug Page I