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CCR1988173AMENDED COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION #l73-88 APPROVAL OF DEVELOPMENT AGREEMENT (Paschke) WHEREAS, a Development Agreement was submitted for approval of a planned unit development known as Willow Pond, a multi-family development located on Janesville Rd., just east of Racine Avenue, and WHEREAS, the Finance Committee has recommended approval, subject to the review and approval of the City Attorney. NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation of the Finance Committee, does hereby approve the Development Agreement for a planned unit development known as Willow Pond, a multi-family development. BE IT FURTHER RESOLVED that approval of the Development Agreement is further contingent upon the actual receipt by the City of the sum of $61,000 which is to act as the financial guarantee for the attachments thereto. BE IT FURTHER RESOLVED that this approval is subject to the approval of the City Attorney. BE IT FURTHER RESOLVED that the Development Agreement is approved contingent upon the zoning being amended as contemplated by the concept resolution. Development Agreement as further defined in said agreement and DATED THIS 26th DAY OF JULY , 1988. FINANCE COMMITTEE Ald. Edwin P. Dumke Ald. Mitchel E. Penovich Ald. Daniel J. Hilt I- City Clerk 7/88 YP COMMON COUNCIL - CITY OF FIUSKEGO RESOLUTION #173-88 APPROVAL OF DEVELOPMENT AGKEEMENT / (paschke) i WHEREAS, a Development Agreement was Submitted for approval of a planned unit development known as Wil/low Pond, a multi-family development located on Janesville R,dā€. , just east of Racine Avenue, and / WHEREAS, the Finance Commi ttee,h/as recommended approval, subject to the review and approval of,,the City Attorney. / NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Muskego, upon the tecommendation of the Finance Committee, does hereby approve the Development Agreement for a planned unit development known as Willow Pond, a multi-family development. BE IT FURTHER RESOLVED that this approval is subject to the approval of the City Attorney. DATED THIS 0 DAY OF , 1988. ATTEST : City Clerk 7/88 YP DEVELOPMENT AGREEMENT THIS AGREEMENT, made this day of July, 1988, by and between William E. Paidhke, Jr., the "developer" and the City of Muskego, a municipal corporation in the State of Wisconsin located in Waukesha County, hereinafter called the "city." WITNESSETH: WHEREAS, developer has submitted for approval by the city a planned unit development known as Willow Pond, a multi-family development, a copy of which is attached hereto, and marked as Phase 1 of Exhibit A; and WHEREAS, it is mutually agreed that if developer constructs roadways, the municipality may reasonably require dedication of such public streets or otherways, if any, within the development, to be conditioned upon the construction of such improvements, according to municipal specifications, without cost to the municipality; and WHEREAS, the city engineers have duly approved the developer's plans and specifications for the improvements and the common counsel has duly approved and authorized the terms and provisions of this agreement and approve the development plan in Phase 1 of Exhibit A. NOW THEREFORE, in consideration of the convenants herein contained, the parties hereto agree as follows: L Improvements. The developer, entirely at his expense shall: A. Roads and Streets: Grade and improve all roads and ā€œ-c; streets in accordance with Exhibit A and any municipal e specifications. These improvements need not be made until the developer begins Phase 2 and 3 of the development. At such time, as the municipality may require, the roadways will be dedicated to the municipality. 8. Surface Water Drainage: Construct, install, furnish and provide adequate facilities as approved by the city engineer and public works committee, for storm and surface water drainage throughout the entire development, in accordance with the plans and specifications attached hereto, made a part hereof and marked as Exhibit B. 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 sys tem. e C. Water: Construct, install, furnish and provide a complete system of water supply and distribution throughout Phase 1 of Exhibit A as approved by the city engineer and in accordance with the plans and specifications attached hereto as Exhibit B. D. Sanitary Sewer: Construct, install, furnish and provide a complete sanitary sewage collection system throughout Phase 1 of Exhibit A. all in accordance with the plan specifications and drawings attached hereto as Exhibit B. No further action by the municipality is required for the developer to provide this system. E. Landscap.in.g: 1. Preserve existing trees wherever possible in the L construction of the development. 2. Remove and lawfully dispose of all trees, brushes, tree shrubs and other similar growth and all rubbish. 3. The developer shall plant street trees in accordance with Section 8.13 of Muskego Land Division Ordinance and Resolution No. PCl2-76 in the event the street improvements are to be made. .. I1 Time of completion of improvements. The improvements set forth in Exhibit A, Phase as referred to in Section I above, shall be completed by the developer in total within twelve (12) months of the date of this agreement. I11 Dedication. Subject to all of the other provisions of this agreement, developer shall, if the municipality so requests, without charge to the city, upon completion of the above described improvements, unconditionally give, grant, convey and fully dedicate the road and streets, storm and surface water drainage, and water and sewer facilities to the city, its successors and assigns, forever, free and clear of all encumberances, whatever, together with and including without limitation because of enumeration any and all land, mains, conduits, pipes, lines, appurtenances and hereditaments, which may in any way be a part of or pertain to such improvements, and together with any and all necessary easements or access thereto. It is understood that the street improvements shall not be required at the time of Phase 1 construction, but shall be 3 0 required with the commencement of Phase 2 and Phase 3. IV Inspections and Adm.inistration fees. The developer shall pay and reimburse the city all fees as required, and at the time specified in Section 10 of its land division ordinance. .. V Miscellaneous Requir,ements. The developer shall: A. Easements. Provide any easements on developer's land deemed necessary by the city engineers, provided such easements are so located as not to render any lot unbuildable or unsaleable. B. Stree,t Si~gns. Reimburse the city for the cost of all street signs, posts and the costs of their installation. This shall 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. E. Grades. Furnish to the building inspector of city a copy of Exhibit A, showing the street grade to the extent it affects Phase I. F. Street Lights. Install street lights in accordance with Section 8.11 of the city's land division ordinance. G. Site Distances. Restrict development so that no fence, wall, hedge or shrub planting which obstructs site lines at elevations between two (2) and six (6) feet above the roadway 0 4 shall be placed or permitted to remain on any corner within the triangular area formed by the street property lines, any line connecting them at points twenty-five (25) feet from the intersection of the s'tkeet lines, or in the case of a rounded property corner, from the intersection of the street property lines extended. VI Guarantees. The developer shall guarantee the surface water drainage improvements and other improvements described in Section I, items A, B, C and D and hereof, against defects due to faulty materials or workmanship, provided that such defects appear within a period of one year from the date of dedication and acceptance. The developer shall pay for any damages to city property resulting from such faulty materials or workmanship. VI1 General Indemnity. In addition to, and not to the exclusion of any 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 same from and against any and all liability, claims, loss, damages, interest actions, suits, judgments, costs, expenses and attorneys fees and the like to whomsoever owed and by whomsoever, and whenever, brought, ordered or maintained, which may in any manner result from, or arise in the course of, out of, or as a result of the developer's negligent construction or negligent operation of improvements covered thereby, or his violation of any law or ordinance, the infringments by him of any 5 ! 0 patent, trade name or copyright, and the use of his road improvements prior to their formal dedication and acceptance by the city. .. VI11 Acceptance . of , Work and Dedication. As and when the developer shall have completed the improvements herein required and shall dedicate the same to the city as set forth herein, the same shall be accepted by the city if said improvements have been completed as required by this agreement, and as required by the applicable city ordinances and other applicable law and approved by the city engineers. IX Erosion Control Plan and Permi,t. Developer shall submit to the city an application for a land disturbing permit and an 0 erosion control plan in accordance with the requirements of section 29.06 of the city's erosion control ordinance (ORD. No 560). X Construction Pem-its, 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 improvements in accordance with the plans and specifications called for by this agreement. Upon developer's compliance with any deposit provisions or other requirements of the applicable ordinances or regulations: and the city shall cooperate with the developer in obtaining similar permits, resolutions and documents as may be '* 6 ./ ~ necessary from other authorities having jurisdiction in the premises. 2. The city shall, as a condition of the developer executing this agreement, make available to the developer or its nominees, successors or assigns, building permits for the construction of the buildings described in Exhibit Building and Occup.a,ncy Permits. It is expressly understood and agreed that no building permit shall be issued nor shall any occupancy permits be issued until the city's engineers have determined that the water, sewer and surface water drainage facilities and any roads that may be constructed to serve the multi-family units are connected with an operating system as e required herein. XI I General Conditions and Regulations. All the provisions of the city's ordinances are incorporated herein by reference and all such provisions shall bind the parties hereto and shall be a part of this agreement as fully as if said 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. XI11 Fi,nancial. Gu,arantee. Prior to the execution of this contract by the city, the developer shall file with the city an assurance of completion setting forth terms and conditions approved by the city attorney in the amount of S k !,L?OG as a I 7 guarantee that the required improvements will be completed by the developer and his subcontractors not later than one (1) year from the date of the execution of the development agreement, and as a further guarantee that- *ali obligations to the subcontractors who work on the development are satisfied. XIV Parties Bound. Developer or its assignees shall be bound by the terms of this agreement or any part herein as it applies to any phases in the development of the project. IN WITNESS WHEREOF, the developer and city have caused this agreement to be signed by their appropriate officers and their seals to be herein to affixed in duplicate original counterparts on the day and here first written above, DEVELOPER BY: CITY OF MUSKEGO BY: .. Wayne G. Salintine, Mayor Jean K. Marenda Clerk a MI West Wisconsin Avenue Firs1 Bank (N.A.) Milwaukee. Wisconsin 53259-1000 1414) 227"xx) in ASSURANCE OF COMPLETION Date: City of Muskego Muskego, Wiscons Re: Willow Pond Gentlemen: Reference is made to that certain Development Agreement dated between William E. Paschke, Jr. ("Developer") and Willow Pond. The City has requested the Developer to provide the the City of Muskego ("City") for the development to be known as City with assurance that specific obligations of the Developer under the Development Agreement will be completed and paid for. The specific obligations (the "Work") and the estimated cost thereof are as follows: ExhibiG 1 o#'the,Deveiopment Agreement - $ "' ,1. / System,of water supply-and distri~hution in accordance-with 2. A sanitary sewer system as described in Exhibit i? of the " " -. - Development Agreement - $ Gr:X*7 . - 3. Landscaping as described in Exhibit 2 of the Development Agreement - $ "1 :PO - Total Cost $ 6 /, G'cfl . The undersigned ("Bank") has committed to make a construction loan (the "Loan") to the Developer for the construction of the first 36 units of the Willow Pond development. The Bank will reserve of the Work as specified above. The funds so reserved (the "Assurance Fund") may be used to pay for the cost of the Work as the Work progresses ("Progress Payments"). No Progress Payments shall be made from the Assurance Fund, however, without the prior written approval of the City after its inspection of the Work. The amount of the Assurance Fund shall be reduced by the total amount of all Progress Payments made therefrom. $ &/ 008 of the Loan proceeds for payment of the total cost satisfaction of the City, the City may request Bank to disburse to In the event the Work is not completed by the Developer to the the City all sums remaining in the Assurance Fund. The request by the City must be in writing, signed by the Mayor of the City, and state that the Developer has failed to complete the Work as required must be used to pay for the completion of the Work and -for no other under the Development Agreement. The funds so disbursed to the City purpose. The liability of the Bank hereunder is limited to the Assurance Fund as reduced from time to time by Progress Payments. Dated this day of - , 1900. FIRST BANK (N.A.) By: BMC/kk/oal