Perimeter and Offsite Road Improvement Provisions. Xxxxxxx Road including shared use pedestrian path: Hub City, at its own cost shall be responsible for the improvements and widening of Xxxxxxx Road at Lot 1. Hub City will be responsible for the improvements and widening of Xxxxxxx Road at Xxx 0, xxxx Xxx 0 xx xxxxxxxxx. Xxx Xxxx and the City acknowledge that Xxxxxxx Road will not be widened until such time as Lot 3 is developed. As such, Hub City will be responsible for posting a surety, consistent with the City’s requirements in its code, equivalent to 110% of the projected costs of the improvements and widening of Xxxxxxx Road at Lot 3. The City will incur the costs for the Xxxxxxx Road improvements and widening at Lot 2. Hub City shall be responsible for 100% of the cost of installing a shared use pedestrian path for Lots 1 and 2 upon development of Lot 2. Hub City shall also be responsible for 100% of the cost of installing a shared use pedestrian path for Lots 3, upon development of Lot 3.
Perimeter and Offsite Road Improvement Provisions. IL Route 251 intersection and Xxxxxxx Road including shared use pedestrian path Owner’s Contribution: 100% of the cost Section 14. Stormwater Management Provisions:
Perimeter and Offsite Road Improvement Provisions. IL 38 Developer’s Contribution: 100% of the cost
Perimeter and Offsite Road Improvement Provisions. Section 24. Recapture Provisions (Roads): Improvements for which recapture applies: Estimated cost of improvements: Allocation Formula (e.g., linear footage, acreage) Amount Allocated to Owner of Property: Benefiting Properties: Pin # Owners Amount Allocated Map of Benefiting Properties and Improvements attached List of Legal Descriptions of Benefiting Properties attached
