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5B4 Development Agreement (321 W. Wayne St.) - Signed
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5B4 Development Agreement (321 W. Wayne St.) - Signed
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11/14/2024 2:05:04 PM
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11/14/2024 2:04:56 PM
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Board of Public Works
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14 <br /> <br /> <br />EXHIBIT C <br />Description of Local Public Improvements <br />The Commission will complete, or cause to be completed, the following work in <br />accordance with the terms and conditions of this Agreement and in compliance with all applicable <br />laws and regulations: <br />• Installation of new utilities, including sewer lines; <br />• Construction of curbs, sidewalks, and/or pedestrian walkways; <br />• Landscaping improvements and; <br />• Installation of new windows. <br />It is understood between the Parties that the Commission will contribute an amount not to <br />exceed the Funding Amount specified in Section 1.3 of this Agreement for the Local Public <br />Improvements. The Developer shall have the sole responsibility to fund any and all costs <br />associated with Local Public Improvements which exceeds this amount. Any and all costs <br />associated with improvements not explicitly described above and not approved pursuant to <br />Section 4.9 (“Specifications for Local Public Improvements”) or that require funding above <br />the Funding Amount are the sole responsibility of the Developer. <br />
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