Res 2000-059 - Laserfiche WebLink

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59, OVERSIZE REIMBURSEMENT AGREEMENT FOR UTILITY IMPROVEMENTS STATE OF TEXAS COUNTY OF HA YS This Agreement is made on March 7 , 2000 between the City of San Marcos, a Texas municipal corporation (the "City"), and U.S. Properties (the "Developer"). RECITALS 1. The Subdivision Chapter of the SaIl Marcos City Code provides for the installation of certain public improvements associated with new subdivisions. This chapter also allows the City to require a subdivision developer to install improvements that are oversized with respect to City minimum standards or the needs of the subdivision, and provides for the allocation of the cost of the improvements between the City and the developer. 2. The City desires to have the Developer oversize a wastewater line and install two manholes (the "Wastewater Improvements") in connection with Lot 3, Section 1 of the McKinley Place Subdivision (the "Subdivision") to provide for future City wastewater needs in connection with the Eastside Interceptor Phase II and IH-35 Sewer Relief Line Project. 3. The City and the Developer have agreed to allocate the cost of the Wastewater Improvements as described in this Agreement. AGREEMENT The City and the Developer, in consideration of the mutual promises, covenants and agreements set forth in this Agreement, agree ~J1d contract as follows: 1. The Developer agrees to construct the Wastewater Improvements as described on the construction plans for Lot 3, Section 1 of the Subdivision approved by the City. 2. The Developer agrees that the Wastewater Improvements will be constructed according to the City's construction standards and specifications. 3. The Developer will act as project manager in the construction of the Wastewater Improvements. The Developer will ensure that the construction i~ carried out under the direct supervision of a professional engineer registered in the State of Texas. 4. The Developer has provided the City with a copy of the bid form provided by its