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HomeMy WebLinkAboutRESOLUTION NO. 02-01-08-1 RESOLUTION 02-01-08-1 RESOLUTION APPROVING DEVELOPMENT AGREEMENT WITH GORDON SEVIG PRAIRIE VIEW ESTATES WHEREAS, the City of Fairfax and Gordon Sevig desire to enter into a Development Agreement for Prairie View Estates in the City of Fairfax, NOW THEREFORE BE IT RESOLVED,by the City Council of Fairfax, Iowa. that the Mayor and City Clerk are hereby authorized and directed to execute the said Agreement. Passed this " day of January 2002. AYE' YAC l ✓ NAY: A10-12--e ABSENT: Bill Voss,Mayor ATTEST: +MarPac , City Clerk DEVELOPMENT AGREEMENT This Agreement is. entered into on the 9 day of �tyr 200 , by ,and between the City of Fairfax, Iowa (hereinafter referred to as "City ) and Gordon C. Sevig (hereinafter referred to as "Developer"). WHEREAS, the Developer is the owner of certain property located within the City, more particularly described on Exhibit "A" attached hereto (the "Property") and WHEREAS, the City has entered into a 28E "Agreement with the-City of Cedar. Rapids, Iowa, to provide sanitary sewer service to the Property, and WHEREAS, the City has also entered into an agreement with the City of Cedar rapids, Iowa, which establllislhes the terms and conditions for the provision of sanitary sewer to the Property and, WHEREAS, the parties desire to enter into an agreement to establish the responsibilities between the parties for complying with the terms and conditions for providing sanitary sewer to the Property. NOW, THEREFORE, .In Consideration of the Mutual Obligations Contained In This Agreement, The Parties Agree As Follows: 1. Developer agrees to locate a residential development of approximately 148 residential lots on the Property described in Ex ilbit"A", 2. City agrees to enact such Ordinances and promulgate such regulations as are required by, the 28E Agreement and the Agreement For Provision of Sanitary Sewer Service between the City and the City of Cedar Rapids, Iowa. 3. Developer agrees to pay to the City within 10 days of date of invoice a portion of the system development/connection charges as outlined in Section 12(a) of the Agreement For Provision of Sanitary Sewer Service. This portion shall be the following items of Section 12(a): Currently (1) Prairie Creels Extension. $197.50 per Siingle Family Residential Unit (2) Sanitary Sewer System. $197.50 per Siingle Family Residential Unlit The City of Cedar Rapids may review this fee periodically and make appropriate adjustments to reflect Consumer (Price Index (CPI) changes and other relevant factors, including cost of service analysis. Such changes shall be incorporated in this agreement. The City will invoice the above charges on a quarterly basis and the charge shall be based on the number of lots for which a building permit has been issued. Failure of the Developer to pay the invoice within 10 days of the date of invoice shall result in the suspension of the issuance of building permits within the Property until the invoice has been paid in full. 4. This Agreement shall be governed and constructed under the laws of the State of Iowa. 5. This Agreement shall constitute the entire Agreement between the City and Developer. 6. The terms of this Agreement may not be amended except by written agreement between the City and the Developer. 7. The rights and obligations in this Agreement shall be binding upon and inure to the benefit of all heirs, successors and assigns of the Developer and the City and any subsequent owner of the Property. Dated this 74 day of � s��'�'��/ , 200' CITY OF IFAIRFAX, IOWA BY- BY: Dated this _ day of , 20032, DEVELOPER GORDON C. SEVIG