10-08-2001 Council Packet - Laserfiche WebLink

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(d> Prc-ConstrucUon Conference - Prior to the start of any consmiciioiu the Developer and the Developer’s Contractor shall meet with the responsible City ofTicial to review construction plans and schedules. (e) Permits • Prior to the start of any construction, the Developer’s Contractor shall apply for and receive all necessary permits from the City and/or government agencies having jurisdiction. Required City permits relative to the Improvements include the following: Site Grading Permit; Utility Construction Permit; Sewer and Water Connection Permits. (0 Construction • lire construction, installation and materials shall be in accordance with the plans and specifications approved by the City. (g) Insurance - The Developer will cause each person who constructs and installs any Improvement to maintain complete insurance coverage including Workmen's Compensation. Liability and Property Damage. Performance Deposit: for the purposes of assuring to the City that the Improvements will be completed according to the terms of this agreement, and that the Developer will pay or will cause to have paid all claims for work done and materials and supplies furnished, the Developer or his designated General Contractor will deposit with the City prior to the City's issuance of site grading and building pemiits an irrevocable letter of credit in a form satisfactory to the City providing that the City is able to draw upon such letter of credit in its sole discretion to complete the Improvements if the Developer fails to satisfactoril) complete the work prior to the completion date specified in Section 11 above. The amount of such deposit is $______per the schedule attached to this document as Eihlblt H. The amount of such deposit shall not be reduced before substantial completion oi the Improvements. The letter of credit shall expire no sooner than six months after the completion date specified in Section 11 above. 13. Fees and Expenses: The Developer agrees to pay all City fees required per the current City Fee Schedule and further agrees to completely reimburse the City for all the variable odditional expenses it incurs in regard to the review and approval of the Improvements including, but not limited to. direct City pavToll and overhead, costs, and fees paid to consultants and other professionals, which arc not covered by City application fees. Page 7 of 17