My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2020-04-08 CC WS & Council Packet
Centerville
>
City Council
>
Agenda Packets
>
1996-2022
>
2020
>
2020-04-08 CC WS & Council Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/3/2020 6:36:18 PM
Creation date
4/3/2020 6:35:54 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
82
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
10. LICENSE. The Developer hereby grants the City, its agents, employees, officers <br />and contractors a license to enter the Land to be platted to perform all work and inspections <br />deemed appropriate by the City in conjunction with the Plat development and the Improvements. <br /> 11. SUPERIOR RIGHT OF TITLE. The Developer agrees, and shall not cause any <br />mortgage, lien, easement, covenant or other encumbrance on title to the Land to be superior to <br />any right or title the Developer grants to the City for an easement, the Agreement, this <br />Supplement, or any feature included on the Final Plat, including covenants for the maintenance <br />of common open space, except by an express written authorization approved by the City Council. <br /> 12. ADMINISTRATION COSTS. The Developer shall reimburse the City for the <br />velopment including, but not limited to expenses <br />incurred for legal, planning, engineering services, development agreement compliance and <br />inspection services. In addition to those monies deposited by the Developer for Phase One, with <br />respect to Phase Two (the Second Addition), the Developer shall deposit $20,000 and maintain <br />with the City a minimum of $10,000 cash escrow for payment of these accrued or future costs in <br />the amounts listed in city code. The City shall draw against the escrow to reimburse itself for all <br />such costs. The Developer agrees that the City has the right to request additional deposits from <br />future out-of-pocket costs and replenish such <br />escrow. Unless excused by the City Council, the Developer shall maintain the escrow for a <br />period of one-year after either the termination of the Agreement and Supplement, or completion <br />of all construction and landscaping, whichever is a longer period. At the conclusion of <br />construction of the Second Addition, the parties will negotiate a reduced amount of escrow to be <br />held by the City until such time as the Agreement and this Supplement terminates. <br /> The City may halt plat development and construction for any unpaid bills until they are paid <br />in full and the escrow replenished to its original amount. Bills not paid within thirty (30) days <br />shall accrue interest at the rate of eighteen percent (18%) per year. City may at its option draw <br />against developer security to reimburse itself for such costs. <br />Version 3/30/3030 - 1 Page 7 <br /> <br />
The URL can be used to link to this page
Your browser does not support the video tag.