1980-08-06 Regular Meeting - Laserfiche WebLink

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r • (3) City hereby agrees to construct and install an extensio~ of its utility main(s) to said property co;:iczencinr, at the nearest existing utility main(s) of ~ufficicnt size and capacity. Thence along/thru City of La Porte rights-of-way ancijor easements to said Owner's propcrtl~. Providc:cl, however, that should City not possess all necessary rights-of-way anti/or casc;aents to complete said extension(s) , Owner shall be solely resL~onsil~le for o~taini•ng said additional rights-of-way and/or easements at no cost to City. (4) Owner agrees to pay all cots related to the construc- tion and installation of said line(s) including necessary appur- tenances in conformance with City's standards and specifications for said line(s). Owner further agrees to pay all engineering fees for survey, design, contract documents, bidding, construction staking, and construction inspection. (5) ~ Subject to the provisions of this agreement, City hereby agrees-to construct and install said extension of its utility main(s) according to the plans and specifications to be prepared by City's engineer. Prior to City authorizing the City's engineer to prepare plans and specifications Owner will deposit witl: City in escrow a sum of money based on and equal to the City engineer's estimated project cost in conformance with Section 4, less esti- mated construction, construction staking and inspection costs. Thereafter, City will authorize the City engineer to prepare plans and specifications for said extension(s). Upon completion of plar~ and specifications City will place the project for bid. V:hen bids are received they shall be tabulated by the City and a copy of said tabuiatinn shall be provided to Owner. Thereafter, Owner shall deposit with City in escrow a sum equal to the amount bid by the lowest responsible chosen bidder, plus a sum equal to the estimated construction staki.;ig and inspection fees if applicable. When said deposit has been made by Owner, City shall execute a contract for said extension(s). It is agreed and understood that the deposited escrow amount made by Owner does not relieve Owner from paying for any unforseen costs and/or cost overruns in the project that result from circumstances beyond the control of City. (6) City agrees to accept the value of the extension(s) that abutt said Owner's property as a pro rata portion of the prevailing square footage and/or front footage connection charge for water and/or sewer service against said property belonging to Owner. Owner shall be responsible for all other customary charges. (7) Upon execution of this agreement and compliance with terms herein, City agrees to begin tine preparation of• engineerir~g plans and construction specifications for said extension(s), and to begin construction thereof as soon as tre same may be let for contract as herein provided. City shall require the contractor „_ under such contract to diligently pursue the.constructi~on o: the project to completion. ~ • (8) In the event that other owners of property abutting the line(s) extended by Ocrner under this contract, as shown on the plat- attached hereto as Uxliibit A anc7 incorporated by reference herein, shall utilize tlic extended line(s) constructed under this _ agrcemc;lt, by making connections thereto under a permit from City within a period of ten (10) years from and alter the date City has accepted• the construction of saki facilities by tl~~, contractor; City agrees ~o collect from said property owners, its prevailing square footage and/or front footage connection fees from said • property owners anri to reimburse Owner the amount collected from such property o~,~ners, u:~til Ow;ler has been reimbursed a maximu:a total oz the sum paid by O~•rner to the .City under the terms o:: this agrcement,~ loss Owner's own water and/or sewer square foo~ac;a and/or front ~ootage connection charges.