Res 2010-058 - Laserfiche WebLink

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Bk Vol P3 1001 0801 QPfi 3872 79 2.3. Extension of Public Sidewalk City hereby agrees that until such time as County applies and receives a building permit for permanent improvements on the 8.99 acres (depicted in Exhibit `B" and attached hereto), or until further development on neighboring parcel(s) causes the terminus of Stagecoach Road to extend to the north, the only required public sidewalks will be along the western boundary of the 26.981 acre tract originally platted and conveyed to County by W.C. Carson, terminating at the Northern radius of the northern-most entrance to the Project off of Stagecoach Road. 2.4. Completion of Street Lights City hereby agrees to install and energize the street lights along Stagecoach Trail, which illuminate the Project, at no cost to County on or before June 1, 2010. 2.5. Installation of Temporary Electrical Service City hereby agrees to provide all necessary transformers, feeders and ancillary equipment to provide the Project with temporary electrical service at no cost to County, save and except the standard monthly usage charges on or before May 1, 2010. 2.6. Installation of Transformer(s) and Feeders City hereby agrees to provide all necessary primary electrical transformers and feeders for the Project at no cost to County within ninety (90) days of notification by County of the Project's power requirements, or as may be mutually agreed to by the Parties. 2.7. Waiver of Certain Fees City hereby agrees to waive any and all utility connection fees, tap fees, impact fees and development fees related to the development and construction of the improvements on the 26.981 acre tract. County acknowledges that it is not exempt from the payment of impact fees to City under Section 395.022 of the Texas Local Government Code. In lieu of paying impact fees in the amount of approximately $100,000 for the Project, County agrees to provide City a credit against any future financial obligation City may otherwise owe County within the five (5) year period following execution of this Agreement. The exact amount of the credit to be taken by City shall be equal to the impact fees County would have been obligated to pay at the time a building permit for the Project is issued and will be calculated by City based on actual meter sizes. ARTICLE III: County Terms and Conditions. 3.1. Payment of Certain Fees County hereby agrees to pay City the cost of all building permits at the then published rates, along with fees related to replatting, which are estimated to be approximately $360.00. 3.2 Easement Dedication County agrees to dedicate by plat a 30 feet wide wastewater easement (PUE) along the south Property line to the point of intersection with 2 existing PUE's with a combined width of 30 feet. Interlocal Development Agreement Pg. - 2