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CCR1999118COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION #I 18-99 APPROVAL OF FINAL PLAT, SUBDIVIDER'S AGREEMENT AND LETTER OF CREDIT Champions Village Addition No. 2 WHEREAS, A Final Plat was submitted on June 2. 1999 for Champions Village Addition No. 2 in the NE X of Section 25 to create 29 lots; and WHEREAS, The Plan Commission has recommended approval through Resolution #P.C. 75- 99, as amended; and WHEREAS, The Subdivider's Agreement and Letter of Credit have been received for Champions Village Addition No. 2 and the Finance Committee has recommended approval 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 Champions Village Addition No. 2, subject to approval of the City Engineer and all objecting and approving agencies, and receipt of all fees as provided in Section 14.14 of the Land Division Ordinance and any special assessments which may be due. BE IT FURTHER RESOLVED That the Subdivider's Agreement and Letter of Credit for Champions Village Addition No. 2, as attached, are hereby approved subject to approval of the City Attorney and City Engineer, all of said approvals to be obtained within thirty (30) days of the date of approval of this Resolution or the same will be null and void. BE IT FURTHER RESOLVED That a DXF file of this final plat be submitted to the City prior to City signatures being placed on the plat (3-112" diskette). BE IT FURTHER RESOLVED That approval of this Resolution is subject to the passage and publication of Ordinance #989. BE IT FURTHER RESOLVED That the Mayor and Clerk-Treasurer are hereby authorized to sign the necessary documents in the name of the City. DATEDTHIS 13Ih DAY OF JULY 1999. SPONSORED BY: FINANCE COMMITTEE Ald. Mark A. Slocomb Ald. David J. Sanders Ald. Nancy C. Salentine This is to certify that this is a true and accurate copy of Resolution #I 18-99 which was adopted by the Common Council of the City of Muskego. 7/99 jmb Memo TO: Finance Committee From: Brian Tu CC Date: June 29,1999 Re: Champions Village Addition No. 2 Subdividers Agreement & Letter of Credit 43 Attached please find the proposed Subdividers Agreement and Letter of Credit format for Champions Village Addition No. 2 of Country Club Villages. The Letter of Credit format has been reviewed by the City Attorney. It is identical to the first letter of credit tendered for this development. The face value of $480,000 has been approved by the City Engineer The original signed and numbered letter of credit will be tendered by the subdivider upon receipt of Finance Committee and Council approval of the form and value. Approval of the attached letter of credit form and $480,000 value is recommended. The subdividers agreement format follows the City's standard template, with few exceptions: The REC availability is defined in Section V(L) Permission to build Model Homes has been deleted from Section XI1 Approval of the attached Subdividers Agreement is recommended. 0 Page 1 r. uc WUUL AssociatedBank IRREVOCABLE STANDBY’ DOCUMENTARY CREDIT +@O om CREDIT NO.: 6 so* AMOUNT I. DATE: JUNE Zf.LLDP)L/Tq 4 APPLICANT: BENEFICIARY; The Villagcr al Muskego Lakes Pmcrship City ofMurkego NII I W 12920 Leon Rand WIB2 S8200 Racina AVUIUC Menomonce Falls. W 53OS1 Muskcgo. Wl53 I50 1 ?? Dear Sirs: We hcdy issue this irmocnbls documentary credil in your f4vor which is adable by kncIiciary’s dnRs al sigh1 dram on Assodatcd Bank. Each draft accompanying documentr mun state “Drawn Under Associated Bmk Donrmenlary Credil No. 5W.” This Standby Crcdit is la provide a gusnnty 10 Lhc City of Murkego for he performanoe of The Village a( bclrvren lhe City of Muskego and appliunl. Muskego Lakes Paflnnuship obligations undcr that certain Agreement dalcd he+++W6 DRAFTS ARE TO BE ACCOMPAWED BY: A slnlement sip,ncd by *le Mayor of chc Cicy of Muskego staling lhal The Viliagcr a1 Mukego. Laku Panncrrhip has failed lo wrnplae tho wmction of subdivision implovmcnls in amrdyre Hi& said AgrcemcnL Said Ualcmcnt shall 601 forlh Ihc cshalcd amount necessary for lhe City of Mukcgo IO wmplc!c such irnpmvcmcnls. SPECIAL COWPITIONS: ?his Standby Credit will 1enniMlc on hmkr 31. 14w. pmvidd, howsvcr. lho Maled Bank shdl give wrillen nolicc to rhc bcd~lduy ofits inknlios lo tcrminatc this Standby Credit at’W 90 days prior lo Dcccmbcr 3 I. Mer Ihe &e slsltd in this paragraph, his Lmer of Cdit can only terminate upon 90 days wri F* n notice to the beneficiary. &toe Loaa c !I any lmprovcmcnl is no1 mrnpkld and Ihc beneficiary remiva a nolice oftcdnatiOn purruant IO lhir Mer of Credit prior 10 mmplecion of dl of UIC improvcrnenu, said notice shall be considered a failure IO complele the improvcmcnts in aoFordMa with the Agrccmcnl and shall entillc rhe bmcfidq to irnmcdiabdy draw against his Lcller of Credit. :JUN-29-99 TUE 11 :02 AM BURKE PROPERTIES FAX NO. 4142700332 Orj/z9/99 TUB 09:5(1 IJAX 414 283 2336 ASSOCIATED BANK P. 03 @I003 / 0' 0 e IRnEVOCABLE STNBY DOCUhlENTARY CREDIT Pace 2 SUBDIVIDER'S AGREEMENT FOR CHAMPIONS VILLAGE ADDITION NO. 2 OF COUNTRY CLUB VILLAGES A Phased Development of Residential, Commercial and Recreational Facilities and Amenities Adjacent To And Within the Confines Of Muskego Lakes Country Club Located In the City of Muskego, Wisconsin. THIS AGREEMENT, made this day of July, 1999, by and between THE VILLAGESAT MUSKEGO LAKES PARTNERSHIP, hereinafter called the "SUBDIVIDER", and the CITY OF MUSKEGO, WISCONSIN, a municipal corporation, of the State of Wisconsin, located in Waukesha County, hereinafter called the "CITY". WITNESSETH: WHEREAS, the "SUBDIVIDER" will be developing and shall submit to the City, various plats of "Villages" to be incorporated into a Development to be known as COUNTRY CLUB VILLAGES, being, in concept, a Planned Unit Development approved by the CITY of Muskego, (hereinafter referred to as the DEVELOPMENT); and, WHEREAS, the SUBDIVIDER has submitted for approval by the CITY, a proposed Final Plat for Champions Village Addition No. 2, to be known as "CHAMPIONS VILLAGE", a boundary description of which is attached hereto as Exhibit "A" (hereinafter referred to as the Register of Deeds for Waukesha County and a copy of which is on "SUBDIVISION" and the original of which will be recorded with the approved by the City on (July _, 1999) ; and file in the Office of the City Clerk, for which a final plat was WHEREAS, Section 236.13 of the Wisconsin Statutes provides that, CITY may require that the Developer make and install certain as a condition of the Plat approval, the governing body of the public improvements reasonably necessary for the Subdivision and further, may require dedication of public streets, alleys or other ways within the Subdivision, to be conditioned upon the construc- tion of said improvements according to municipal specifications - 0 without cost to said municipality; and WHEREAS, .the CITY'S engineers, the CITY'S Public Works Committee, Public Utility Committee and Finance Committee have duly plans and specifications for subdivision improvements, and the approved, contingent upon certain other approvals, Subdivider's CITY'S Plan Commission and Common Council have duly approved the Final Plat of CHAMPIONS VILLAGE ADDITION NO. 2, contingent upon the execution and performance of this Agreement by the SUBDIVIDER. NOW, THEREFORE, in consideration of the covenants herein con- tained, the parties hereto agree as follows: SECTION I. IMPROVEMENTS The SUBDIVIDER, entirely at its expense, shall: A. Roads and Streets Village Addition No. 2, a part of Country Club Villages, (the 1. Grade and improve all roads and streets in Champions DEVELOPMENT), in accordance with the plat of said subdivision and and marked Exhibit "B", all in accordance with the City's street the plans and specifications attached hereto,made a part hereof specifications. I B. Storm and Surface Water Drainage and Master Grading Plan . SUBDIVIDER shall construct, install, furnish and provide Works Committee for storm and surface water drainage facilities as approved by the City Engineer and Piblic throughout the entire Subdivision, and a Master Grading Plan providing for sump pump discharge to a tile or storm sewer system all in accordance with the plans and marked Exhibit "C" . specifications attached hereto, made a part hereof and a) The SUBDIVIDER shall clean all storm sewers prior to issuance of building permits and acceptance of the improvements by the City of Muskego. b) the CITY reserves the right to require the SUBDIVIDER control measures prior to acceptance of improvements by to install additional storm drainage and erosion the City of Muskego. 2 3 The CITY shall furnish to the SUBDIVIDER such permits or easements as may be required in any public street or prop- erty to enter upon and install the above described surface water drainage system therein. SUBDIVIDER shall grade and improve all lots in conformance with the Master Grading Plan attached hereto and made a part hereof and marked Exhibit "C". This shall include restoration of topsoil, planting seed and establishment grades must be verified by Subdivider's engineers after of dense vegetation where required by City of Muskego. All completion of grading to the following tolerances: All lot corners must be from exact to plus or minus two (2) inches; overall grades must be from exact to minus six (6) inches; house pads must be from minus ten (10) inches to minus twenty-two (22) inches; all swales and ditches must be graded to exactly minus three (3) inches to allow for standard finish. (See Section XII, 1, E, 6) C. Water 1. SUBDIVIDER shall construct, install, furnish, and provide a complete community well system of water supply and distribution for Champions Village, as approved by the City Engineer, Public Utility Committee and other appropriate governmental agencies. Said water distribution system attached hereto as Exhibit "D". Said water supply system shall be in accordance with the plans and specifications shall be in accordance with plans and specifications to be submitted and approved, prior to construction of said system, by the City Engineer, Public Utility Committee and appropriate governmental agencies. The SUBDIVIDER shall hydrant and valve locations and locations and elevations of furnish "as built" plans of the entire system, including laterals to lot lines. The cost of the preparation of "as- built" plans shall be paid by the SUBDIVIDER. Said facilities are referred to as "Water Facilities" herein and property and easements and other property interests specifically include well site property(ies) and all other necessary to operate, repair, construct or reconstruct the water system. 2. The CITY shall furnish the SUBDIVIDER such permits or property to enter upon and install the above described easements as may be required in any public street or public water system therein. 3. SUBDIVIDER shall complete, to the satisfaction of the City Engineers, any remaining punch list items concerning the water system prior to connection of any residence to the water system. 4. SUBDIVIDER and its successors and/or assigns shall operate and maintain the wells and water distribution system for Champions Village as required by the City Utility and any applicable governmental agencies. The cost of operating and maintaining such facilities, including provisions for be determined and levied against those lots which are reasonable reserves and depreciation of facilities, shall improved with dwellings as per the Covenants and Restric- tions and Water Trust for Champions Village and Country Club Villages. 5. SUBDIVIDER shall, upon completion of the system, furnish and provide the CITY with a complete summary of the actual construction costs for such system of water supply and distribution broken down in sufficient detail to satisfy the requirements of the Public Service Commission of the State of Wisconsin in establishing or revising a rate base. 6 SUBDIVIDER shall furnish well test data and other infor- mation required by the Wisconsin Department of Natural Resources, the Wisconsin Public Service Commission and the City of Muskego 7. The following special provisions shall apply to the well(s), water mains and water laterals to be installed by the SUBDIVIDER pursuant to this agreement: (a) To the extent necessary, the CITY shall grant a franchise to the SUBDIVIDER, its successors in title to the Water Facilities, or to a Trust which shall hold legal title to said facilities for the benefit of all owners of lots within the subdivision, to provided however, that the rates and service charges operate a private utility to serve the subdivision; produce any return upon the initial capital costs of such utility shall be formulated so as not to of installing the Water Facilities. (b) The CITY shall have an indefinite option to require transfer of the Water Facilities, without consider- ation to SUBDIVIDER, or their successors in title to the Water Facilities, or any property owner, as of the end of any calendar month upon at least thirty any municipal, intermunicipal, or metropolitan water (30) days prior written notice by the public owner of system, including the City of Muskego, either alone or in cooperation with other municipalities or any statutory water district. (c) The CITY grants to the SUBDIVIDER, and to its suc- cessors in title to the Water Facilities, a perpetual right and easement under all dedicated public streets in the subdivision for the installation, maintenance and repair of the Water Facilities. SUBDIVIDER, or connection with any such maintenance and repair work, its successors in title to the Water Facilities, in shall erect suitable, lighted barricades; shall repair, restore and rebuild as necessary all streets and other public improvements located in dedicated streets which may be opened, damaged or removed in performing such work; and shall indemnify the CITY and its agents, consultants and employees of each, claims and expenses to or by any third party as a and hold them harmless against all loss, damage of a public street. result of such work performed within the right-of-way (d) The CITY shall, at all times, have the right to draw water from said system through the fire hydrants provided therefor, for fire-fighting and other municipal purposes, without charge to the CITY. (e) The SUBDIVIDER, and its successors in title to the Water Facilities, agrees to preserve and maintain the water capacity of the well(s) and pumping facility (ies) measured in terms of the Wisconsin Department of Natural Resources, or other governmental agency(ies), flow requirements and the requirements of the CITY Utility, to satisfactorily serve the lots in the subdivision. D. Sanitary Sewer 1. SUBDIVIDER shall construct, install, furnish and provide a complete sanitary sewerage collection system throughout the entire Subdivision as approved by the City Engineer and the Public Utilities Committee, all in accordance with the plans, specifications and drawings attached hereto as Exhibit "E". The cost of preparation of as-built plans shall be paid by the SUBDIVIDER. a 2 The CITY shall furnish the DEVELOPER such permits or ease- ments as may be required by any public streets or public property to enter upon and install the above described sewerage system therein. 3. SUBDIVIDER shall complete, to the satisfaction of the City Engineers, any remaining punch list items concerning the Sanitary Sewer System prior to connection of any residence to the sanitary sewer system. 4. The Subdivider shall televise the sanitary sewer system, repair any defects as determined by the City Engineer, supply video tape to the City of Muskego, and clean all and acceptance of the improvements by the City. (See sewer lines prior to the issuance of building permits Section XII,l, b, 5) E. Landscaping 1. SUBDIVIDER shall preserve existing trees outside of the public right-of-way wherever practical, when installing the Subdivision improvements. 2. SUBDIVIDER shall remove and lawfully dispose of: (a) all old barns and out-buildings; (b) destroyed trees, brush, tree trunks, shrubs and other natural qrowth and; a (c) all rubbish - 3. SUBDIVIDER shall plant street trees in accordance with Section 18.0913 of the Muskego Land Division Ordinance and Resolution #P.C. 101-93. F. Erosion Control Measures 1. L. 3. 4 5 SUBDIVIDER shall construct, install, furnish and provide a complete system of Erosion Control Devices or measures in specified areas of the Subdivision, as approved by the City Engineer and Building Inspection Department and in accordance with the plans and specifications attached hereto as Exhibit "F" which must also be in accordance with Chapter 29 of the CITY'S Municipal Code. the approved plans prior to the grading and construction Subdivider shall install silt fencing in conformance with work. Such fences shall be maintained by the SUBDIVIDER until such time as turf cover is established in the notice to the CITY. Subdivision. No grading shall occur without a two (2) day shall comply with Chapter 29. Mulching, seeding and/or sodding of all disturbed areas The Subdivider is responsible for obtaining Erosion Control Permits for the site for controlling erosion on obtaining a separate erosion control permit at the time the site and each individual lot owner is responsible for any vegetation is disturbed and are responsible for controlling erosion on their lot. Fifteen Thousand Dollars ($15,000.00) from the Letter of Credit (under Section XIV), shall be retained until adequate vegetation is established as determined by the Building Inspection Department. A reduction of fifty percent (50%) of Fifteen Thousand Dollars ($15,000.00) is allowable upon verification that fifty percent (50%) of disturbed areas are vegetated. If, upon written notification of noncompliance with Chapter 29, the items are not corrected within five (5) days, the City may utilize up to Five Thousand Dollars non-compliance. From time to time additional funds may be ($5,000) of the Developer's Deposit to correct the items of required in the Developers Deposit to cover the cost of maintenance as deemed appropriate by the Department. SECTION 11. TIME OF COMPLETION OF IMPROVEMENTS The improvements set forth in Section I above shall be completed by the SUBDIVIDER and his subcontractors in total within one (1) year from the signing of this Agreement unless an earlier date is provided for in this Agreement The final surface course pavement shall be deferred until such time as ninety-percent (90%) of the homes within the subdivision of the first lift of asphalt, whichever occurs first. If the have been completed or thirty-six (36) months after installation final surface course of pavement or any other improvement is not completed within twelve (12) months of the date of this Agreement, the Subdivider shall extend the Letter of Credit, in form acceptable to the City, until such time as the final surface course of asphalt pavement and all other improvements have been completed. If the City receives notice of the intent to terminate the Letter of Credit prior to completion of the final surface course of asphalt pavement and all other improvements, such notice shall be considered a failure to complete the improvements in accordance with this Agreement and shall entitle the City to immediately draw against the Letter of Credit for such completion. SECTION 111. DEDICATION Subject to all of the other provisions of this Agreement, SUBDIVIDER shall, without charge to the CITY, upon completion of grant, convey and fully dedicate the roads and streets, sanitary the above described public improvements, unconditionally give, sewers, storm and surface water drainage facilities (excluding those facilities which are to be owned and maintained by the Homeowners Association(s) as illustrated in Exhibit "A" and as described in the "Deed Restrictions"), to the CITY, its successors and assigns, forever, free and clear of all liens and encumbrances whatsoever, together with and including, without limitation because of enumeration, any and all land, buildings, structures, malns, conduits, machinery, plants, equipment, appurtenances and hereditaments which may, in any way, be a part of or pertain to easements for access thereto. The CITY will be receptive to the such public improvements, together with any and all necessary water drainage facilities, after the first lift of bituminous dedications of said improvements, except for roads and surface concrete pavement has been installed and when all said utilities are completed and approved by the City Engineers and other agencies as applicable SECTION IV. INSPECTIONS AND ADMINISTRATION FEES SUBDIVIDER shall pay and reimburse the CITY in advance of the signing of this Agreement, in accordance with Section 18.14 of the CITY'S Land Division Ordinance and at times specified thexein but in any event no more than thirty (30) days after billing, all fees, expenses and disbursements which shall be incurred by the CITY prior to and following the date hereof in connection with or ance of the improvements covered by Section I, including, without relative to the construction, installation, dedication and accept- paring, checking and review of designs, plans and specifications; limitation by reason of enumeration, design, engineering, pre- pliance with the applicable plans, specifications, regulations supervision, inspection to insure that construction is in com- to assure and implement such compliance. Failure to pay or 0. and ordinances; legal, administrative and fiscal work undertaken all construction inspections until such time as all anticipated or reimburse the City in a timely manner may cause the City to cease outstanding inspection and administration fees have be satisfied. SECTION V. MISCELLANEOUS REQUIREMENTS A. B. C. 0 D. E. F. 0 The SUBDIVIDER shall: necessary by the City Engineers prior to the Final Plat being Easements: Provide any easements on SUBDIVIDER'S land deemed rear of lots, and are not any more restrictive to the building signed, provided such easements are along lot lines or to the of homes beyond the applicable sideyard and offset distances required by the zoning for such lots. Street Signs: Reimburse the CITY for the cost of all street signs, traffic signs and posts, including the cost of their installation except for such street and other signs approved by the CITY, installed by the SUBDIVIDER and subsequently made the responsibility of the Subdivision Maintenance Association. Manner of Performance: Cause all construction called for by this Agreement to be carried out and performed in a good and workmanlike manner. other monuments required by State Statute or City Ordinance. Survey Monuments: Properly place and install any lot, block or Deed Restrictions: Execute and record deed restrictions and provide proof of recording prior to sale of lots in Champions Village Addition No. 2 of Country Club Villages in the form attached hereto, made a part hereof and marked Exhibit "G-1". The deed restrictions shall also contain the following language "Each lot owner must strictly adhere to and finish grade his office of the SUBDIVIDER and the office of the CITY Building lot in accordance with the Master Grading Plan on file in the Inspector unless a change is approved by the City Engineer. The SUBDIVIDER and/or the CITY and/or the agents, employees or independent contractors shall have the right to enter upon any lot, at any time, for the purpose of inspection, maintenance, Owner is responsible for the cost of same." (See Section and/or correction of any drainage condition and the Property 11.7.- "Construction Standards", Schedule A - Declaration of Covenants and Restrictions for Champions Village of Country Club Villages) Grades: Furnish to the Building Inspector of the CITY a copy of Exhibit 'IC" showing the street grade in front of each lot, the finished yard grade, the grade of all four corners of the where applicable, as existing and as proposed Lot grades lot, and the corner grades of the buildings on adjoining lots, G. H. 1. J. L. shall be in compliance with specifications as expressed in Section I, B, 3 of this Agreement. Sight Distances: Restricts lots on the face of the Plat so that no structure of any kind which exceeds a height of 2-1/2 feet above the center of the intersection shall be permitted in the vision setback area in conformance with Section 17:5.02 (2) F & G of the Zoning Ordinance. Sump Pump Connections: The SUBDIVIDER shall furnish to the Plumbing Inspector of the CITY, a copy of storm drains and clean-out locations in the form attached hereto and made part hereof and marked Exhibit "H" showing the locations of each dwelling to the storm sewer system. The ends of each connections whereby sump pump drains can be connected from Standard Details. line shall have a clean-out in conformance with the City Declaration of Restrictions: Execute and record Declaration of Restrictions in the form attached hereto and made a part hereof and marked Exhibit "I". Street Lights: Install street lights in accordance with Section 18.60 of the City's Land Division Ordinance. Permits: Submit to the CITY valid copies of all agency permits, including the Wisconsin D.N.R. and U.S. Army Corps of Engineers before construction commences and prior to any preconstruction meeting. Sewer Extension Permits: The CITY has granted the DEVELOPMENT Agreement between the CITY and the SUBDIVIDER, including six-hundred(600) sewer extension permits pursuant to the Subdivider's successors and assigns, entitled "Petition for dated February 3,1992, as amended The lands subject to this Improvements and Agreement Regarding Special Assessments" Subdividers Agreement shall utilize twenty nine (29) of the capacity for future phases of the development. Said sewer sewer extension permits. There will remain 451 REC's of by the CITY and the SUBDIVIDER which is made a part of this extension permits shall be governed by said Agreement executed Agreement by reference. Sewer extension permits in this case are similar to RECs referred to in said Agreement. SECTION VI GUARANTEES The SUBDIVIDER shall guarantee the public roads and streets, sanitary sewers, surface water drainage improvements and all other improvements described in Section I, items A, B, C, D, & G hereof, against defects due to faulty materials or workmanship provided date of dedication and acceptance by resolution of the Common that such defects appear within a period of one (1) year from the Council. The SUBDIVIDER shall pay for any damages to CITY This guarantee shall not be a bar to any action the CITY might have for negligent workmanship or materials. Wisconsin law on negligence shall govern such situations. property resulting from such faulty materials or workmanship. SECTION VII. GENERAL INDEMNITY In addition to, and not to the exclusion or prejudice of, any provisions of this Agreement or documents incorporated herein by reference, SUBDIVIDER shall indemnify and save harmless and agrees to accept tender of defense and to defend and pay any and all reasonable legal, accounting, consulting, engineering and other upon the CITY, its officers, agents, and employees, and expenses relating to the defense of any claim asserted or imposed independent contractors growing out of this Agreement as stated above by any party or parties. The SUBDIVIDER shall also name as additional insureds on its general liability insurance the CITY, hired by the CITY to perform service as to this subdivision and its officers, agents, employees and any independent contractors give the CITY evidence of the same upon request by the CITY. SECTION VIII. AGREEMENT FOR BENEFIT OF PURCHASERS The SUBDIVIDER agrees that, in addition to the CITY'S rights 0 of the purchaser of any lot or any interest in any lot or parcel herein, the provisions of this Agreement shall be for the benefit of land in the Subdivision and that the sale of any lot or parcel shall not release the Subdivider from the obligation to complete the work on the attached exhibits SECTION IX. ACCEPTANCE OF WORK AND DEDICATION As and when the SUBDIVIDER 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 resolution of the Common Council if said improvements have been completed as required by this Agreement and as required by applicable CITY ordinances and other applicable law and approved by the City Engineer and City Finance Committee. SECTION X, EROSION CONTROL PLAN AND PERMIT The SUBDIVIDER shall submit to the CITY, an application for a Land Disturbing Permit and an Erosion Control Plan in accordance with the requirements of Section 29.06 of the CITY'S Erosion Control Ordinance (Ord. #560). No construction or grading may begin until said permit has been received from the City of Muskego SECTION XI. CONSTRUCTION PERMITS, ETC. 1 The CITY shall, within its authority, issue such permits, a adopt such resolutions, and execute such documents as may be necessary to permit SUBDIVIDER to construct the improvements 0 2 in accordance with the plans and specifications called for by this Agreement, upon SUBDIVIDER'S compliance with any deposit provisions or other requirements of the applicable ordinances or regulations; and the CITY shall cooperate with the SUBDIVIDER in obtaining similar permits, resolutions and documents as may be necessary from other authorities having jurisdiction in the premises. The CITY shall, as a condition of the SUBDIVIDER executing this Agreement, make available to the SUBDIVIDER or its 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 1. It is expressly understood and agreed that no Building Permits shall be issued for any homes until the Building Inspector verifies that the installation of the first lift of asphalt has been installed to the farthest lot line of lots containing homes. 2. It is further understood and agreed that no Occupancy Permits shall be issued for any homes until such time as: a) The City Engineer has verified that sanitary sewer, utilities required to serve such homes have been fully community water, surface water drainage facilities and other required herein and, installed and are connected with an operating system as b) The City's Building Inspector verifies that the installation of the first lift of asphalt has been installed to service such homes and, C) All required signatures have been obtained on the Covenants and Restrictions and same are filed with the CITY and other proper authorities (Exhibit "G") . d) Cleaning of the Storm Sewer System has been completed in accordance with Section I, B, 4 and, e) Video Tape of the Sanitary Sewer System has been completed in accordance with Section I, B, 3. f) Negative Balance in Developer's Deposit is satisfied g) All lot grades have been certified by SUBDIVIDER'S unless otherwise authorized by the Planning Director. engineer to be in conformance with the Master Grading Plan (see Section 1(B) (3) 1. SECTION XIII. GENERAL CONDITIONS AND REGULATIONS All the provisions of the CITY'S ordinances as well as the Agreement between the CITY and the SUBDIVIDER, including Subdivider's successors and assigns, entitled "Petition for Improvements and Agreement Regarding Special Assessments" dated February 3, 1992, as amended, are incorporated herein by reference, and all such provisions shall bind the parties hereto and be a part of this Agreement as fully as if set forth at length herein, unless previously amended and/or voided by other Agreements between the CITY and the SUBDIVIDER. 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 and Agreement. SECTION XIV. FINANCIAL GUARANTEE A. Letter of Crediti SUBDIVIDER shall file with the City a Letter of Credit setting Prior to the execution of this Agreement by the City, the amount of Four Hundred Eighty Thousand Dollars ($480,000.00) as a forth terms and conditions approved by the City Attorney in the guarantee that the required plans, improvements, and approvals will be completed by the SUBDIVIDER and his subcontractors no later than one (1) year from the signing of the Agreement, except if another date is provided for in this agreement, to c6mply with all obligations to the subcontractors for work on the Subdivision the provisions contained herein and as a further guarantee that are satisfied B. Invoices addressed in the Letter of Credit, but attributable to the subject Invoices documenting public improvements addressed and not of the Subdivider's Agreement. development shall be provided to the CITY at the time of signing C. Release of Funds From Letter of Credit The SUBDIVIDER shall provide the CITY with a written request to Letter of Credit form, invoices for work completed for which a the Finance Committee accompanied by: Request for Amendment to release is being requested, breakdown of invoices in format of Public Improvements Cost Breakdown Form, lien waivers for all work which is subject of release request (See Section X1V.D ) D Developer's Deposit The SUBDIVIDER shall maintain a positive balance in the Developer's Deposit. No release from the Letter of Credit shall otherwise authorized by the Common Council following a recommenda- be entertained until the Developer's Deposit is satisfied unless tion of the Finance Committee (See Section X1V.C.) 0 SECTION XV. PARTIES BOUND - A. SUBDIVIDER, or its assigns, and the CITY shall be bound by the phase of the development of Champions Village of Country Club terms of this Agreement, or any part herein, as it applies to any Villages. B. Approval by the CITY shall not be deemed a waiver as the ultimate responsibility for the proper design and installation of drainage facilities, ditches, landscaping, and all other street improvements, drive and parking areas, water facilities, improvements shall be the SUBDIVIDER'S. The fact that the CITY or it's engineers, attorneys, or staff may approve a specific project shall not constitute a waiver, or relieve the SUBDIVIDER from the ultimate responsibility for the design, performance, and function of the Development and related infrastructure SECTION XVI. ASSIGNMENT SUBDIVIDER shall not assign this Agreement without the written consent of the CITY. SECTION XVII. AMENDMENTS Any amendments to this Agreement or Exhibits shall be approved by the Common Council and shall be made part of this Agreement. IN WITNESS WHEREOF, SUBDIVIDER AND THE CITY have caused this Agreement to be signed by their appropriate officers and their seals to be hereunto affixed in duplicate original counterparts on the date and year first written above. SUBDIVIDER: CITY OF MUSKEGO: THE VILLAGES AT MUSKEGO LAKES, PARTNERSHIP BY : BY Scott F. Krause, President Country Club Villages, Inc. David L. DeAngelis, Mayor BY : Paul Votto, Member Lakeside Villages, LLC BY Jean K. Marenda, City Clerk,CMC STATE OF WISCONSIN ) WAUKESHA COUNTY 1 Personally came before me this day of ,19 the above-named Scott F. Krause and Paul Votto, partners in the Partnership, to me known as the parties who executed the foregoing instrument and acknowledged the same as representatives of the SUBDIVIDER. Notary Public, Waukesha, WI My Commission Expires: STATE OF WISCONSIN ) I WAUKESHA COUNTY ) 0 Personally came before me this day of 19 the above named David L. DeAngelis, Mayor and Jean K. Marenda, City Clerk, of the above-named municipal corporation, CITY of Muskego, to me known to be the persons executing the foregoing said Municipal Instrument, and to me known to be such Mayor and CITY Clerk of Said Municipal corporation, and acknowledged that they executed The foregoing instrument as such officers as the deed of said Municipal corporation by its authority, and pursuant to the Authorization by the Common Council from their meeting on the day of 19 Notary Public, Muskego. WI My Commission Expires: CERTIFICATION This is to certify that the foregoing is a true and correct copy of the Subdivider's Agreement for Champions Village of Country Club Villages, located in the City of Muskego, Wisconsin, as entered into on the day of 19-, by and between THE VILLAGES AT MUSKEG0 LAKES PARTNERSHIP, and the CITY OF MUSKEGO, pursuant to the authorization by the Common Council from its meeting on the ~ day of I19- Jean K. Marenda, City Clerk, CMC Clerk of Muskego, Wisconsin LIST OF EXHIBITS EXHIBIT A EXHIBIT B EXHIBIT C EXHIBIT D EXHIBIT E EXHIBIT F EXHIBIT G EXHIBIT H EXHIBIT I EXHIBIT J EXHIBIT K EXHIBIT L EXHIBIT M BOUNDARY DESCRIPTION & SUBDIVISION FINAL PLAT GRADING PLAN STORM SEWER PLAN WATER PLANS SANITARY SEWER PLANS EROSION CONTROL PLAN COVENANTS AND RESTRICTIONS SUMP PUMP DRAINS & CLEANOUTS DECLARATIONS OF RESTRICTIONS - OPD PERMITTEE'S AND/OR OWNER(S) 'S OF RECORD AGREEMENT AND UNDERSTANDING AS TO OCCUPANCY PERMITS WATER TRUST ASSIGNMENT OF RECs PERMITTEE'S AND/OR OWNER(S) OF RECORD AGREEMENT AND UNDERSTANDING AS TO OCCUPANCY PERMITS (WATER)