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2020-08-12 CC Packet
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2020-08-12 CC Packet
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discharge, and dismiss the City from any further proceedings as it pertains to the Security or <br />Additional Security deposited with the District Court, except that the Court shall retain jurisdiction <br />to the Agreement or this Supplement. <br />15. FEES. In addition to those fees set forth in the Agreement, the following fees are <br />required by law and shall apply to development of the Second Addition. <br />A. Storm Water Area Charge <br />The Storm Water Area Charge is calculated based the amount of platted property (558,267 <br />square feet) multiplied by the fee rate per square foot ($0.05739). <br />The Storm Water Area Charge equals 558,267 x $0.05739 = $32,038.94. <br />These fees must be paid in full in cash upon execution of this Supplement and approval of <br />the Final Plat for the Second Addy pay fees shall constitute a <br />default and constitutes grounds for denial of building permits. <br /> 16. FIXTURE INSTALLATION, ACCEPTANCE AND WARRANTY <br /> A. The Developer shall be responsible for the cost and installation of public <br />improvement such as street lighting, street signs and traffic signs consistent with the Plans and <br />specifications approved by the City. Before the City signs the Final Plat, the Developer shall pay <br />these costs either to the City to procure or install same, take responsibility for procurement and <br />installation of same, or employ combination thereof. The cost of street lighting, street signs and <br />traffic signs installation are set forth in the attached table, Exhibit D. <br /> B. Within 60 days after Developer deliv <br />public improvements and a letter requesting acceptance by the City of such improvements, City <br />shall review said improvements and consent to and accept the public improvements or provide <br />Version 8/6/2020-1 for Council packet Page 10 <br /> <br />
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