2003-10-22 CC Packet - Laserfiche WebLink

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TO: . ~ Honorab~ Mayor and Council ~:: i, vJJ-i ~ P ~ . ?:.~~=-~ U- TeresaBender,CilyCIerk "Ob~.~. Sedona Homes/Jackson Commercial, LLC. Developers Agreement FROM: SUBJECT: DATE: October 22, 2003 I forwarded the developers agreement that is in your council packet to both the City Engineer and the City Attorney for their review. I also forwarded the agreement to Mr. Paul Keller, Sedona Homes. Upon review, the City Engineer provided the hand written notations attached to this memo and as follows: The inclusion of language regarding private improvements such as utilities and the corresponding dollar amount of $90,000.00. Mr. Peterson also included $41,500.00 for landscaping and $4,500.00 for sodding of the common areas within the development. Wtth these recommendations, the developer's retainage would be adjusted accordingly. Upon receiving the attached facsimile copy of the developer's agreement from Mr. Keller with his suggested modifications, I forwarded a copy of the same. to Mr. Hoeft for his review. Staff along with Mr. Hoeft have the following concerns: . Sedona Homes would need to provide the City with documentation regarding Jackson Commercial's financial backing and orvni7.ationally documentation. . The City would need to review all purchase documentation regarding this agreement/contract. . It appears that Sedana Homes/Jackson Commercial, LLC. desires to phase the project. Individual development contracts would correspond with the phases. . Include language addressing the need of the developer to fu1fi11 all laws regarding ADA requirements. Parking ramps, space, signage, etc. prior to issuance of Occupancy Permits. . Sedona Homes/Jackson Commercial, LLC. has requested that the City allow for a one year guarantee/warranty regarding installation and construction of private utilities. This in turn would only allow a one year letter of credit. The City's previous policy has been two years for both of