CC_Minutes_1961_0714 - Laserfiche WebLink

Home

-)- ';, a Partnership, first party and the Village ,of JiosE;lvil.le , a Municipal. corporation, second party, as follows, to-wit: . . For good and valuable consideration, including amongst other things the vacation of a portion of Dunlap Street and the covenants and agreements herein, the parties do agree as follows: l~ First party agrees to install one certain redwood fence, two-inch maple trees on centers, curbs and sod, tha t certain buffer zone from the center line of Dunlap extending eastward to the East edge of first party's property along the South line ,of Dione Street, or as designated by one certain plan prepared by Community Planning and Design Associates, Inc., and submitted to second party with one certain contract entered into betvreen second party and one S. J. Kr.~ak of even date herewith, uhich plan wi th respect to said buffer zone is made a part hereof by reference, plus any other landscaping prescribed by 2nd party. 2, Second party does hereby grant unto first party, its agents or assigns., the right to construct said improvements upon all public streets where involved for a period of ninety (90) ~s from the date hereof} which :improvements shall conform to grades as established by the Village Engineer and to standards as established by the Village Code. In the event that first party shall fail to install or complete said improvements on Village property, first party agrees that second party may install and complete the same upon completion of which first party shall pay to second party the cost thereof. 3,. First party agrees to install or cause to be installed all fences~ trees and sodded areas as designated on said plan on first party" s property within ninety (90) days from the date hereof, except trees by Hay 1.5, 1962, said fence to be of such style or design as designated by second party or its agent, it being further agreed that if first party shall in any respect fail to complete the work designated in this paragraph, that then second party may c~use. the same to be accomplished and is granted the continuing irrevocable right for such period of time as is reasonably necessary after ,the expiration of said ninety (90) day period to accomplish the same and first party agrees to pay for the cost of such lvork immediately upon completion. 4. First party agrees to maintain the grass, trees and fence and to replace, if necessary, from time,t,o:t;.iz\1flso as to keep the same J.n an orderJy and neat appearing condi'-t;.iQn.,:,i1t being agreed that if first party is notified by second party with respec:t;. to l3t;>tneneeded maintenance and firstparty does not perform the same w.i.thina reasonable time, seeond party may cause such maint61 ance to be performed and fir st party 9.grees to pay for the same immediately upon completion. Wl-lEREFORE j the parties have set their hands this 14th day of' JIj,ly~ 1961 SITE DEVELOPMENT CONTRACT - IEXINGTON HOLDING COMPANY (CONT nn)