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HomeMy WebLinkAboutDevelopers agreement for pond excavation City of Orono Document Form Revised 5/91 CITY OF ORONO HSNN$PIN CODNTY, MINNLSOTA DEVELOPffit'S AC,R�EN'P FOR Pond Bgcavation (Name of Development) Clair Rood (Name of Developer) THIS AGR$$M$NT, Made and entered into this 2nd day of December , 1991 , by and between the City of Orono, a municipal corporation organized under the laws of the State of Minnesota (hereinafter called "City"), and Clair T. Rood his heirs, successors and assigns, (hereinafter called "Developer"). WITN$SSSTH: WH$RBAS, the Developer has made application to the City Council for approval of a variance and conditional use permit for excavation of a pond within a Citv-designated wetland. AND, WHEREAS, the City Council has granted approval for such development on the condition that the Developer enter into this agreement to provide for the instal lation of improvements hereinafter described on the terms and conditions hereinafter set forth. NOW, THBRBFOR$, in consideration of the premises and of the mutual promises and conditions hereinafter contained, it is hereby agreed as follows: - Initials of Developer f�� Initials of City Clerk m Page 1 of 7 1. Property Description: Lots 54, 55, 56, 61, 62 and 63, "Wallaces Addition to the Village of Minnetonka Beach" 2. Improvements: In accordance with the policies and ordinances of the City, the following described public or private improvements (hereinafter collectively called the "Improvements") shall be constructed and installed on the terms and conditions hereinafter contained: Pond excavation and site grading per the conditions of Citv Council Resolution �2989 3. Construction Plans: The following described detailed plans and specifications for the complete installation of the Improvements shall be submitted by the Developer for the approval of the City prior to the start of construction. The Plans and specifications shal 1 conform to al 1 currrent City standards for all applicable work. (Plans attached as Exhibit A of Resolution �2989) 4. Construction of Improvements: A. Commencement Date - The construction of Improvements shall begin no later than Januarv 1, 1992 • B. Completion Date All Improvements shall be completed no later than �r� �iQ�l 1992 . / Initials of Developer Tn Initials of City Clerk�� Page 2 of 7 C. Contractors - The Developer shall select, retain and supervise the Contractor( s ) responsible for Improvement construction. The City reserves the right to require satisfactory proof of successful experience and adequate financial status of any such contractor. Where required by City ordinance, the contractor shall first obtain a license from the City. D. PreConstruction Conference - Prior to the start of any construction, the Developer and the Developer's Contractor shall meet with the responsible City official to review construction plans and schedules. E. Permits - Prior to the start of any construction, the Developer's Contractor shall apply for and receive al 1 necessary permits from the City and/or government agencies having jurisdiction. F. Construction - The 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 Impravement to maintain complete insurance coverage including Workmen's Compensation, Liability and Property Damage. 5. Performance Deposit: For the purposes of assuring to the City that the Improvements wil 1 be completed according to the terms of this agreement, and that the Developer will pay all claims for work done and materials and supplies furnished, the Developer has deposited with the City at the time of the execution of this agreement 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 disc�etion to complete the Improvements if the Developer fails to satisfactorily complete the work prior to the completion date specified in Section 4 above. The amount of such deposit shall not be reduced before substantial completion of the Improvements. The letter of credit shall expire no sooner than six months af ter the completion date specified in Section 4 above. Initials of Developer �.�K Initials of City Clerk .�nn _ Page 3 of 7 6. 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 additional expenses it incurs in regard to the review and approval of the Improvements including, but not limited to, direct City payroll and overhead, costs, and fees paid to consultants and other professionals. 7. Resolutions of Citys_ Developer agrees to be bound by the provisions set forth in al 1 resolutions of the City Council approving the Development. 8. Binding Effect: The terms and provisions hereof shall be binding upon and inure to the benefit of the heirs, representatives, successors and assigns of the parties hereto and shall be binding deemed covenants running with the land. Ref erences herein to Developer, if there be more than one, shall mean each and all of them. This agreement to be executed by the Developer, shall be placed of record so as to give notice hereof to subsequent purchasers and encumbrancers of all or any part of the subdivision and all recording fees, if any, shall be paid by the Developer. 9. Notices: Whenever in this agreement it shall be required or permitted that natice or demand be given or served by either party to thi s agreement to or on the other party, such noti ce or demand sha 11 be delivered personally or mailed by United States certified mail (return receipt requested) to the addresses set forth below. Such notice or demand shall be deemed timely given when delivered personally or when deposited in the mail in accordance with the above. Notice to City Notice to Developer City of Orono a�/S ��,ywvo� G/¢y Clerk/Administrator � P.O. Box 6 6 �'�'`1�� /`9f1 � �/ Crystal Bay, MN 55323 10. Incorporation bv Reference: All plans, special provisions, proposals, specifications and contracts for the Improvements furnished and let pursuant to this agreeemnt shall be and hereby are made a part of this agreement by reference as fully as if set out herein in full. Initials of Developer L�TiZ Initials of City Clerk� Page 4 of 7 11. Disclaimer by City: It is understood and agreed that the City, the City Council, and the agents and employees of the City shall not be personally liable or responsible in any manner to the Developer or Developer's contractors, subcontractors, materialmen, laborers, or any other person, firm or corporation, for any debt, claim, demand, damages, actions, or causes of action of any kind or character, arising out of or by reason of the execution of this agreement or the performance and completion of the Improvements. 12. Hold Harmless and Indemnification: The Developer shal 1 indemnify and hold harmless the City, the City Council, and the agents and � employees of the City from and against al 1 claims, damages, losses or expenses, including attorney fees, which the City, City Council and agents and employees of the City may suffer or for which it may be held liable, arising out of or resulting from the assertion against them of any claims, debts or obligations in consequence of the performance of this agreement by the Developer, its employees, agents or subcontractors, whether or not caused in part by a party indemnified hereunder. 13. Remedy for Default: Default by the Developer of any o£ the terms of this agreement shall automatically result in the suspension or withholding of all permits, licenses, occupancy certificates or other authorizations issued by the City in connection with the property included in this development. A. The Developer hereby grants to the City, its agents and its employees, the right to enter on the property for the specific purpose of constructing or completing any and al 1 of the agreed upon Improvements should the Developer not complete those Improvements by the date specified in Section 4-B. B. The remedies afforded to the City under this Section shall be in addition to any other remedies to which the City may be entitled by law or other agreement. Initials of Developer � T/2 Initials of City Clerk + M _ " Page 5 of 7 IN WITNESS WHEREOF, the City and Subdivider have caused this agreement to be duly executed on the day and ear first above written. CITY OF ORONO � _ . By• By• . . (Ci y Cle k STATE OF MINNESOTA ) ) ss. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before n this � day of .//�n ,-,�6�r- . 19 9� , by & ��,r„fti.. �/• __ . Mayor & City Clerk of the City of Orono, a Minnesota municipal corporation and said instrument was executed on behalf of the City. CAROLE A. FtASEMAAN NDTAii1l PI�Lb•�i1�i�A YY A�YI�I�lON EXAdIp iQ�iO �/S��O J �•��L�1fl������ Notary Public DEVELOPER By: �1�!sG+vi^ -' //� And: STATE OF MINNESOTA ) ) ss. COUNTY OF HENNEPIN ) On this o� �� day of � eGem �j-�e. ►- , 199 � before me a Notary Public within and for said county, personally appeared C�0.�r� T'� �ood known to me to be the person(s) described in and who executed the foregoing instrument, and acknowledged that he (they) executed the same as his (their) free act and deed. LINDA S. VEE �OTpRy pU861C- MINNE30TA - ` /��� HENNEPIN COUNTY (/ �"h'�'��'�' ����&�� NOT Y PUBLIC Page 6 of 7 STATE OF MINNESOTA ) )ss. COUNTY OF HENNEPIN ) On thi s day of , 19 9_, bef ore me a Notary Pub 1 i c within and for said County , personally appeared known to me to be the person(s) described in and who executed the foregoing instrument, and acknowledged that he (they) executed the same as his (their) free act and deed. NOTARY PUBLIC Reviewed for Administration: � Date: �2"Z��� By: � (City Officia This document has been drafted by: City of Orono 1335 South Brown Road P.O. Box 66 Crystal Bay, Minnesota 55323 Page 7 of 7