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Res 2021-117/approving an agreement with P3Works, LLC for Public Improvement District administration services in connection with Whisper South Public Improvement District; authorizing the City Manager or his designee to execute the said agreement
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Res 2021-117/approving an agreement with P3Works, LLC for Public Improvement District administration services in connection with Whisper South Public Improvement District; authorizing the City Manager or his designee to execute the said agreement
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10/22/2021 1:43:27 PM
Creation date
7/28/2021 3:48:31 PM
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City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2021-117
Date
7/6/2021
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Developer Payment Request Administration <br />1. P3Works will review all developer payment requests to ensure the request complies with the PID <br />Financing Agreement, the District service and assessment plan, and any other relevant provisions <br />contained in the District documents. <br />2. P3Works will audit the developer payment request to ensure there is proper backup <br />documentation and that the accounting is accurate. <br />3. P3Works will coordinate with the Citynts <br />were built to the standards of the accepting governing body. <br />4. P3Works will ensure improvements to be dedicated are free and clear of all liens and <br />encumbrances. <br /> <br />Consulting Services Relating to Future Improvement Areas and related Bond Issuance (to be paid from <br />Developer funds advanced to City) <br />1. P3Works will update the Service and Assessment Plan to comply with Bond documents. <br />2. P3Works will prepare an updated Assessment Roll including the future Improvement Area <br />3. P3Works will coordinate with City <br />ensure the Bonds and all related documents are in compliance with state law. <br />4. P3Works will prepare any additional reports or analyses as needed to successfully issue the <br />Bonds. <br /> <br /> <br />Version 05.18.2021 8 <br /> <br /> <br />
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