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CCR1988071COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION 1171-aa APPROVAL OF FINAL PLAT AND SUBDIVIDERS AGREEMENT GOLDEN COUNTRY ESTATES WHEREAS, a Final Plat was submitted on 1/4/88 for a 47 lot planned unit development known as Golden Country Estates located in the NE 114 of the SW 114 of Section 2, and WHEREAS, the Preliminary Plat was approved in Resolution f191-87 on 9/8/87, and WHEREAS, the Plan Commission has recommend approval, and WHEREAS, the Ordinance 11607 to rezone the property to RS-2 (OPD) has been adopted, and WHEREAS, the Subdivider's Agreement has been recommended for approval by the Finance Committee and the Plan Commission. NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation of the Plan Commission, does hereby approve the Final Plat for the 47 lot Golden Country Estates planned unit development, subject to the approval of the City Engineer and all objecting and approving agencies; and, administrative, etc. fees. receipt of payment of any and all attorney, engineer, BE IT FURTHER RESOLVED that the Subdivider's Agreement is hereby approved subject to approval of the City Attorney and City Engineer. DATED THIS a/,& DAY OF ATTEST: DEFERRED 4/12/88 SUBDIVIDER'S AGREEMENT between KOSOBUCXI EXOTHERS PARTNERSHIP, the "Developer", and the This agreement, made this day of April, 1988 by and CITY OF MUSXEGO, a municipal corporation of the State of Wisconsin, located in Waukesha County, hereinafter called the "City". WITNESSETH proposed final plac for Golden Country Estates, a residential WHEREAS, Developer has submitted for approval by the City a subdivision, a copy of which is attached hereto, made a part hereof and marked Exhibit "A" (the "Subdivision") ; and WHEREAS, Section 236.13 of the Wisconsin Statutes provides that as a conditior. of plat approval, the governing body of the City may require that the Developer make and install certain public improvements reasonably necessary for the Subdivision and other ways within the Subdivision, to be conditioned upon the further, may require dedication of public streets, alleys or construction of said improvements according to municipal specifications without cost to said municipality; and 0 WHEREAS, the City's Engineers have duly approved the Developer's plans and specifications for Subdivision improvement and the Common Council has duly approved and authorized the terms and provisions of this agreement and approved the final plat of Golden Country Estates. contained, the parties hereto agree as follows: NOW, THEREFORE, in consideration of the covenants herein SECTION I. IWROVEMENTS: The Developer, entirely at its expense, shall: A. Roads and Streets: Grade and improve all roads and streets in accordance with the plat of said Subdivision and the marked Exhibit "B", all in accordance with the City's street plans and specifications attached hereto, made a part hereof and specifications. B. Surface Eater Drainaqe: 1. facilities as approved by the City Engineer and Public Works Construct,. install, furnish and provide adequate Committee for ston and surface water drainage throughout the entire subdivision, in accordance with the plans and specifications attached hereto, made a part hereof and marked Exhibit "C". 2. The City shall furnish to the Developer such permits or easements as may be required in any public street or property to enter upon and install the above-described surface water drainage system. I C. Sanitarv Sewer: Construct, install, furnish and provide a complete sanitary sewage collection system throughout the entire subdivision, all in accordance with the plans, specifications and drawings attached hereto as Exhibit I'D". D. Landscapinq: construction of Subdivision improvements. 1. Preserve existing trees, wherever possible, in the outbuildings, destroyed trees, brush, tree trunks, shrubs and 2. Remove and lawfully dispose of all old barns, o.ther similar,natural growth and all rubbish. accordance with Section 8.13 of the Muskego Land Division 3. The Developer shall plant street trees in Ordinance and Resolution #P.C. 72-76. Even though, as between the City of Muskego and the Developer, the responsibility for such tree planting shall be the Developer's, the Developer may pass on the responsibility of such plantings and/or the cost thereof to the transferee of such lots from the Developer. SECTION 11. TIME OF COMPLETION OF IMPROVEMENTS: completed by the Developer in total within twelve (12) months of The improvements set forth in Section I above shall be the date of this agreement or recording of the final plat, ,whichever date comes first, unless excused by the City in writing. 0 SECTION 111. DEDICATION: Developer shall, without charge to the City, upon completion of Subject to all of the other provisions of this agreement, the above-described improvements, unconditionally give, grant, convey and fully dedicate the roads and streets, storm and surface water drainage facilities to the City, its successors and together with and including, without limitation because of assigns, forever, free and clear of all encumbrances whatever, enumeration, any and all land, buildings, structures, mains, conduits, pipes, lines, plant, machinery, equipment, appurtenances and hereditament which may, in any way, be a part of pertain to such improvements and together with any and all necessary easements for access thereto. -2- SECTION IV. INSPECTIONS AND ADMINISTRATION FEES: The Developer shall pay and reimburse the City all fees as required and at the times specified in Section 10 of its Land Division Ordinance. execution of this Agreement, the Developer shall pay to the City The Developer and the City hereby agree that at the time of the sum of $17,355.46, which shall be the full contribution due from the Developer as to the total drainage area. SECTION V. MISCELLANEOUS REQUIREMENTS: The Developer shall: deemed necessary by the City Engineers before the final plat is A. Easements: Provide any easements on Developer's land signed, provided such easements are so located as not to render any lot unbuildable or unsalable. B. Street Siqns: Reimburse the City for the cost of all street signs and posts and the cost of their installation, this to include all traffic signs. C. Manner of Performance: Cause all construction called for by this agreement to be carried out and performed in a good and workmanlike manner. D. Survey Monuments: Properly place and install any survey or other monuments required by statute or ordinance. restrictions in the form attached hereto, made a part hereof and E. Deed Restrictions: Execute and record deed marked Exhibit "E". a copy of Exhibit "A" showing the street grade in front of each F. Grades: Furnish to the Building Inspector of the City lot, the yard grade and the grade of all four corners of each lot. See Exhibit "F" attached. with Section 8.11 of the City's Land Division Ordinance. G. Street Lishts: Install street lights in accordance hedge, or shrub planting which obstructs sight lines at H. Sisht Distances: Restrict lots so that no fence, wall, elevations between two (2) and six (6) feet about the roadways the triangular area formed by the street property lines and a shall be placed or permitted to remain on any corner lot within line connecting them at points twenty-five (25) feet from the intersection of the street lines, or in the case of a rounded property corner, from the intersection of the street property lines extended. -3- SECTION VI. GUARANTEES: The Developer shall guarantee the surface water drainage A, B and C hereof, against defects due to faulty materials or improvements and other improvements described in Section I, items workmanship provided that such defects appear within a period of one (1) year from the date of dedication and acceptance. The Developer shall pzy for any damages to City property resulting from such faulty mEterials or workmanship. SECTION VII. GENERAL INDEMNITY: In addition t3, and not to the exclusion or prejudice of, any provisions of this agreement or documents incorporated herein by reference, Developer shall indemnify and save harmless the City, its officers, agents and employees, and shall defend the damages, interest actions, suits, judgments, costs, expenses, same from and aqainst any and all liability, claims, loss whomsoever and whenever brought or obtained, which may in any attorney's fees, and the like to whomsoever owed and by manner result fror or arise in the course of, out of, or as a result of the Developer's negligent construction or operation of ordinance, the infringement by it of any patent, trademark, trade improvements coversd thereby, or its violation of any law or name or copyright, and its use of road improvements prior to their formal dedicztion and acceptance by the City. SECTION VIII. AGREEMENT FOR BENEFIT OF PURCHASERS: herein, the provisions of this agreement shall be for the benefit The Developer agrees that in addition to the City's rights of the purchaser of any lot or any interest in any lot or parcel of land in the Subdivision. SECTION IX. .:.CCEPTANCE OF WORK AND DEDICATION: As and when the Developer shall have completed the City as set forth herein, the same shall be accepted by the City improvements herein required, and shall dedicate the same to the agreement and as required by applicable City ordinances and other if said improveme7ts have been completed as required by this applicable law and approved by the City Engineers. SECTION X. E?.OSION CONTROL PLAN AND PERMIT: land disturbing permit and an erosion control plan in accordance The Developer shall submit to the City, an application for a with the requirements of Section 29.06 of the City's Erosion Control Ordinance (Ord. #560). -4- SECTION XI. CONSTRUCTION PERMITS. ETC.: 1. The City shall, within its authority, issue such permits, adopt such resolutions, and execute such documents as may be necessary to permit Developer to construct the for by this agreement, upon Developer's compliance with any improvements in accordance with plans and specifications called deposit provisions or other requirements of the applicable ordinances or regulations: and the City shall cooperate with Developer in obtaining similar permits, resolutions and documents as may be necessary from other authorities having jurisdiction in the premises. executing this agreement, make available to the Developer or its 2. The City shall, as a condition of the Developer nominee successors or assigns, building permits for the construction of single family residences subject to the provisions of Section XII. SECTION XII. BUILDING AND OCCUPANCY PERMITS: The Developer shall be allowed to construct no more than two building permits shall be issued, nor shall any occupancy permits (2) model homes. It is expressly understood and agreed that no be issued either for the said model homes, or any other homes, until the City's Engineers have determined that: 0 required to serve such homes are connected with an operating A. The sewer and surface water drainage facilities system as required herein, and B. That the City's Engineers have approved the condition of the roads then existing to serve such homes as sufficient to prior to the date when the roads must be completed and dedicated. service the traffic reasonably anticipated during the period SECTION XIII. GENERAL CONDITIONS AND REGULATIONS: herein by reference, and all such provisions shall bind the All the provisions of the City's ordinances are incorporated parties hereto and be a part of this agreement as fully as if set forth at length herein. This agreement and all work and improvements required hereunder shall be performed and carried out in strict accordance with and subject to the provisions of said ordinances. SECTION XIV. FINANCIAL GUARANTEE: Prior to execution of this contract by the City, the Developer shall file with the City a letter of credit setting amount of $465,000.00 as a guarantee that the required forth terms and conditions approved by the City Attorney in the improvements will be completed by the Developer and his 0 -5- subcontractors no later than one (1) year from the date of the recording of the final plat or the date of the agreement, whichever date comes first, and as a further guarantee that all obligations to the subcontractors for work on the development are satisfied. SECTION XV. PARTIES BOUND. Developer or its assignees shall be bound by the terms of this agreement or any part herein as it applies to any phase of the development of the Subdivision. agreement to be signed by their appropriate officers and their IN WITNESS WHEREOF, Developer and City have caused this seals to be hereunto affixed in duplicate original counterparts on the day and year first written above. DEVELOPER KOSOBUCKI BROTHERS CITY OF MUSKEG0 By : By : Kent J. Kosobucki Wayne G. Salentine, Mayor a By : Roy L. Kosobucki By: Charlotte L. Stewart, Clerk By : Donald R. Polzin -6- IRREVOCABLE STANDBY DOCUMENTARY CREDIT CREDIT NO: AMOUNT: $465,000.00 Date: April 29, 1988 APPLICANT: Kosobucki Brothers Partnership 17100 W. Shadow Drive New Berlin, WI 53151 BENEFICIARY: City Of Muskego EXPIRY DATE: 8200 S. Racine Avenue Muskego, WI 53150 at our counters July 28, 1989 Dear Sirs: 0 We hereby issue this irrevocable documentary credit in your favor at sight drawn on Marine Banks. (the beneficiary's) which is available by beneficiary's draft(s) documents must state "Drawn under Marine Banks Documentary Credit Each draft accompanying No. (number) It. This Standby Credit is to provide security to the City of Muskego for the performance of Kosobucki Brothers Partnership obligations under that certain Agreement dated the City of Muskego, and applicant. between DRAFTS ARE TO BE ACCOMPANIED BY: A statement signed by the Mayor of the City of Muskego stating that Xosobucki Brothers Partnership has failed to complete the construction of (type of improvements) accordance with said Agreement. Said statement shall set forth in the estimated amount .necessary for the City of Muskego to complete such improvements. CONTINUED ON PAGE TWO (2) WHICH IS AN INTEGRAL PART OF THIS STANDBY CREDIT 0 PAGE 2, AN INTEGRAL PART OF STANDBY CREDIT NO. DATED SPECIAL CONDITIONS: This standby credit will terminate on the 28th day of July, 1989 provided, however, Marine Bank shall give written notice to the beneficiary of its Intention to terminate this standby credit at date this letter of credit can only terminate upon 90 days least 90 days prior to said 28th day of July, 1989. After said written notice to the beneficiary. It is hereby agreed by all parties hereto that the reference to reference shall not be construed in any manner to require Marine "Agreement" is for identification purposes only and such Bank, to inquire into its terms and obligations. We engage with you that drafts drawn under and in compliance with the terms of this credit will be duly honored if presented on or before the expiry date. This original Standby Credit must be endorsement of any payments effected by us and/or for submitted to us together with any drawings hereunder for our cancellation. Very truly yours, MARINE BANK Authorized Signature