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HomeMy WebLinkAboutA003 - Resolution No. 86-249 adopted December 9, 1986 RESOLUTION NO. 86-249 RESOLUTION APPROVING THE AGREEMENT FOR CONSTRUCTION AND MAINTENANCE OF IMPROVEMENTS ON LOT 1, WILLOW CREEK ESTATES FOURTH ADDITION WHEREAS, the developer was required to submit to the City an agreement which states the conditions for construction and maintenance of improvements in the PUD portion of the plat as part of the approval of the Conceptual Development Plan for Willow Creek Estates Fourth Addition; and WHEREAS, an agreement has been submitted by the developer which has been reviewed by City staff and found to meet the requirements of the City in form and content as follows: 1. The developer and its successors shall have the sole responsibility for ownership and maintenance for all private improvements to be constructed by the developer on Lot 1. 2. The developer agrees to construct the private drive to meet City specifications including 72 inches of pavement thickness. 3. The developer agrees to hold the City harmless from damages caused to the private drive as a result of public transportation, including Cy-Ride Bus traffic. 4. The developer agrees to construct an all-weather surface drive prior to framing construction on any structure on Lot 1. 5. The developer agrees that no framing construction will be permitted on any structure located on Lot 1 prior to the installation of water mains with appropriate fire hydrants. 6. The developer agrees to submit to the City a bond for $320,000 as security to pay for all of the costs associated with public and private improvements on Lot 1. This bond will be given to the City prior to the occupancy of the first building constructed on Lot 1 or the approval of the final plat, whichever occurs first. NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the City of Ames, Iowa, approves the Agreement for Construction and Maintenance of Improvements on Lot 1, Willow Creek Estates Fourth Addition as attached hereto and made a part hereof by this reference with the following stipulations adopted by the City Council : r � � 7. The City is in no way committed at this time to Cy-Ride developing a route into this area or developing or improving Mortensen Road. 8. The developer must sign a waiver of special assessment requirements for the paving of Mortensen Road at this time. ADOPTED THIS 9th day of December, 1986. Nancy ibbon Ames City Clerk F. Paul Goodland, Mayor Introduced by: Curtis Seconded by: Shank Voting aye: Brown, Campbell, Curtis, Parks, Shank Voting nay: None Absent: Thurston Resolution declared adopted and signed by the Mayor this 9th day of December, 1986.