2001-023 - Laserfiche WebLink

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40 40 40 of insurance approved by the County, and that the Contractor shall also put up payment and performance bonds approved by the County. (c) In each instance in which the County contributes all or part of the Construction Costs of any project described in this Agreement, the Developer agrees to submit all engineering and related cost estimates to the County for approval, and to obtain such approval, prior to any work being authorized by the County, and the County agrees such approval shall not be unreasonably withheld or delayed. ® (3) Pavement of 17th Street Southwest: (a) The County agrees to acquire from Developer the minimum right-of-way necessary under the County's Code and Comprehensive Land Use Plan to pave 17th Street Southwest as a 2 -lane local road from 43rd Avenue to the proposed entrance to The Colony on 17th Street Southwest. The County shall acquire such right-of-way (30 feet by dedication and 40 feet by purchase) no later than March 1, 2001. In the event the County fails to acquire such right-of-way by March 1, 2001, the remainder of this paragraph 3, insofar as it sets forth requirements to be performed by the Developer, shall be continued and extended until a reasonable time after the County acquires such right-of-way. This shall not cause the County to withhold or delay issuance of any permits to the Developer. (b) Provided the County acquires the right-of-way by the date specified above, Developer shall construct a two-lane paved roadway according to County approved standards along 17th Street Southwest from 43rd Avenue to the Developer's entrance on 17th Street Southwest. Developer shall prepare design drawings and obtain necessary permits for such construction. Construction shall occur in conjunction with Developer's Phase 1 construction. (c) In conjunction with Developer's Phase 2 construction, Developer shall construct a two-lane paved roadway according to County approved standards along 17th Street Southwest from the Developer's entrance on 17th Street to the intersection of 17th Street Southwest and 27th Avenue. (4) Construction Costs: The Developer shall be responsible for and shall pay twenty- five percent (25%) of the Construction Costs for paving 17th Street Southwest as described above, and the County shall be responsible for and shall pay seventy-five percent (75%) of all such Construction Costs. The County shall reimburse the Developer for the County's portion of the Construction Costs within thirty (30) days of the County's inspection and approval of the work performed prior to each draw request during construction less ten percent (10%) retainage, with no retainage following completion and final inspection. Inspection shall be conducted within seven (7) days after notification by the Developer of each draw or final payment. -2-