Common use of Street Improvements Clause in Contracts

Street Improvements. The distribution of costs between the City and the Developer for all street improvements are as follows: Full Project Cost Assurance Amount City Participation Streets & Sidewalks $1,251,315 $1,564,143.75 $0.00 Erosion Control Items $242,017 $302,521.25 $0.00 Total Construction Cost $1,493,332 $1,866,665 $0.00 2.40 Summary of Infrastructure (Development) Assurance Amounts Final Assurance Amount Utility Facilities $1,714,121.25 Storm Drainage Facilities $1,028,341.25 Streets, Sidewalks & Erosion Control Improvements $1,866,665.00 Total Development Assurance Amounts (125% of Full Project Cost) $4,609,127.50 Public Improvement Plan Agreement – Xxxxxxxx Phase 2 INSPECTION FEES TO BE PAID PRIOR TO PRE-CONSTRUCTION MEETING: Percentage Final of Construction Improvement Construction Cost Amount Inspection Fee Streets, Sidewalks & Erosion Control Improvements 3.5% $1,493,332 $52,266.62 Water 3.5% $689,151 $24,120.29 Wastewater 3.5% $682,146 $23,875.11 Drainage 3.5% $822,673 $28,793.56 Payment to the City $129,055.58 The final construction amount is [$3,687,302], and the Public Improvement Inspection fee amount is [$129,055.58] (the “Final Fiscal Guaranty Amount”). RECOMMENDED: 8/31/2022 Xxxx Xxxxxxxxx, P. E. Date City Engineer Public Improvement Plan Agreement – Xxxxxxxx Section 1 Phase 2

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Samples: mccmeetingspublic.blob.core.usgovcloudapi.net

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Street Improvements. The distribution of costs between the City and the Developer for all street improvements are as follows: Full Project Cost Assurance Developer Amount City Participation Streets & Sidewalks $1,251,315 0.00 $1,564,143.75 0.00 $0.00 Erosion Control Items $242,017 31,180.50 $302,521.25 31,180.50 $0.00 Total Construction Cost $1,493,332 31,180.50 $1,866,665 31,180.50 $0.00 2.40 Summary of Infrastructure (Development) Assurance Costs Amounts Final Assurance Amount Utility Facilities $1,714,121.25 499,918.75 Storm Drainage Facilities $1,028,341.25 459,637.50 Streets, Sidewalks & Erosion Control Improvements $1,866,665.00 38,975.63 Total Infrastructure Development Assurance Cost Amounts (125% of Full Project Cost) $4,609,127.50 Public Improvement Plan Agreement – Xxxxxxxx Phase 2 998,531.88 INSPECTION FEES TO BE PAID PRIOR TO PRE-CONSTRUCTION MEETING: Percentage Final of Construction Improvement Construction Cost Amount Inspection Fee Streets, Sidewalks & Erosion Control Improvements 3.5% $1,493,332 31,180.50 $52,266.62 1,091.32 Water 3.5% $689,151 172,801.00 $24,120.29 6,048.04 Wastewater 3.5% $682,146 227,134.00 $23,875.11 7,949.69 Drainage 3.5% $822,673 367,710.00 $28,793.56 12,869.85 Payment to the City $129,055.58 27,958.89 The final construction amount is [$3,687,302]798,825.50, and the Public Improvement Inspection fee amount is [$129,055.58] (the “Final Fiscal Guaranty Amount”)27,958.89. RECOMMENDED: 8/31/2022 Xxxx Xxxxxxxxx, P. E. Date City Engineer Public Improvement Plan Agreement – Xxxxxxxx Section 1 Phase 2Engineer

Appears in 1 contract

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net

Street Improvements. The distribution of costs between the City and the Developer for all street improvements are as follows: Full Project Cost Assurance Amount City Participation Streets & Sidewalks $1,251,315 14,277.53 $1,564,143.75 14,277.53 $0.00 Erosion Control Items $242,017 36,026.47 $302,521.25 36,026.47 $0.00 Total Construction Cost $1,493,332 50,304.00 $1,866,665 50,304.00 $0.00 2.40 Summary of Infrastructure (Development) Assurance Amounts Final Assurance Amount Utility Facilities $1,714,121.25 2,140,469.47 Storm Drainage Facilities $1,028,341.25 0.00 Streets, Sidewalks & Erosion Control Improvements $1,866,665.00 50,304.00 Total Development Assurance Amounts (125% of Full Project Cost) $4,609,127.50 Public Improvement Plan Agreement – Xxxxxxxx Phase 2 2,190,773.47 INSPECTION FEES TO BE PAID PRIOR TO PRE-CONSTRUCTION MEETING: Percentage Final of Construction Improvement Construction Cost Amount Inspection Fee Streets, Sidewalks & Erosion Control Improvements 3.5% $1,493,332 50,304.00 $52,266.62 1,760.64 Water 3.5% $689,151 2,140,469.47 $24,120.29 74,916.43 Wastewater 3.5% $682,146 0.00 $23,875.11 0.00 Drainage 3.5% $822,673 0.00 $28,793.56 0.00 Payment to the City $129,055.58 76,677.07 The final construction amount is [$3,687,3022,190,773.47], and the Public Improvement Inspection fee amount is [$129,055.5876,677.07] (the “Final Fiscal Guaranty Amount”). RECOMMENDED: 8/31/2022 Xxxx Xxxxxxxxx, P. E. Date City Engineer Public Improvement Plan Agreement – Xxxxxxxx Section 1 Phase 2Engineer

Appears in 1 contract

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net

Street Improvements. The distribution of costs between the City and the Developer for all street improvements are as follows: Full Project Cost Assurance Amount City Participation Streets & Sidewalks $1,251,315 1,684,038 $1,564,143.75 2,105,047.50 $0.00 Erosion Control Items $242,017 342,174 $302,521.25 427,717.50 $0.00 Total Construction Cost $1,493,332 2,026,212 $1,866,665 2,532,765 $0.00 2.40 Summary of Infrastructure (Development) Assurance Amounts Final Assurance Amount Utility Facilities $1,714,121.25 5,177,962.50 Storm Drainage Facilities $1,028,341.25 4,247,200.00 Streets, Sidewalks & Erosion Control Improvements $1,866,665.00 2,532,765.00 Total Development Assurance Amounts (125% of Full Project Cost) $4,609,127.50 Public Improvement Plan Agreement – Xxxxxxxx Phase 2 11,957,927.50 INSPECTION FEES TO BE PAID PRIOR TO PRE-CONSTRUCTION MEETING: Percentage Final of Construction Improvement Construction Cost Amount Inspection Fee Streets, Sidewalks & Erosion Control Improvements 3.5% $1,493,332 2,026,212 $52,266.62 70,917.42 Water 3.5% $689,151 1,857,352 $24,120.29 65,007.32 Wastewater 3.5% $682,146 2,285,018 $23,875.11 79,975.63 Drainage 3.5% $822,673 3,397,760 $28,793.56 118,921.60 Payment to the City $129,055.58 334,821.97 The final construction amount is [$3,687,3029,566,341], and the Public Improvement Inspection fee amount is [$129,055.58334,821.97] (the “Final Fiscal Guaranty Amount”). RECOMMENDED: 8/31/2022 Xxxx Xxxxxxxxx, P. E. Date City Engineer Public Improvement Plan Agreement – Xxxxxxxx Section 1 Phase 2Engineer

Appears in 1 contract

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net

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Street Improvements. The distribution of costs between the City and the Developer for all street improvements are as follows: Full Project Cost Assurance Developer Amount City Participation Streets & Sidewalks $1,251,315 463,230.72 $1,564,143.75 463,230.72 $0.00 Erosion Control Items $242,017 100,428.00 $302,521.25 100,428.00 $0.00 Total Construction Cost $1,493,332 563,658.72 $1,866,665 563,658.72 $0.00 2.40 Summary of Infrastructure (Development) Assurance Costs Amounts Final Assurance Amount Utility Water Facilities $1,714,121.25 112,037.31 Sewer Facilities $643,277.51 Storm Drainage Facilities $1,028,341.25 175,019.72 Streets, Sidewalks & Erosion Control Improvements $1,866,665.00 563,658.72 Total Infrastructure Development Assurance Cost Amounts (125% of Full Project Cost) $4,609,127.50 Public Improvement Plan Agreement – Xxxxxxxx Phase 2 1,493,993.25 INSPECTION FEES TO BE PAID PRIOR TO PRE-CONSTRUCTION MEETING: Percentage Final of Construction Improvement Construction Cost Amount Inspection Fee Streets, Sidewalks & Erosion Control Improvements 3.5% $1,493,332 563,658.72 $52,266.62 19,728.06 Water 3.5% $689,151 112,037.31 $24,120.29 3,921.31 Wastewater 3.5% $682,146 643,227.51 $23,875.11 22,514.71 Drainage 3.5% $822,673 175,019.72 $28,793.56 6,125.69 Payment to the City $129,055.58 52,289.77 The final construction amount is [$3,687,302]1,493,993.25, and the Public Improvement Inspection fee amount is [52,289.77, or $129,055.58] (the “Final Fiscal Guaranty Amount”)2500, whichever is higher. RECOMMENDED: 8/31/2022 Xxxx Xxxxxxxxx, P. E. Date City Engineer Public Improvement Plan Agreement – Xxxxxxxx Section 1 Phase 2Engineer

Appears in 1 contract

Samples: Plan Agreement

Street Improvements. The distribution of costs between the City and the Developer for all street improvements are as follows: Full Project Cost Assurance Amount City Participation Streets & Sidewalks $1,251,315 1,423,689 $1,564,143.75 1,779,611.25 $0.00 Erosion Control Items $242,017 355,663 $302,521.25 444,578.75 $0.00 Total Construction Cost $1,493,332 1,779,352 $1,866,665 2,224,190 $0.00 2.40 Summary of Infrastructure (Development) Assurance Amounts Final Assurance Amount Utility Facilities $1,714,121.25 1,825,323.75 Storm Drainage Facilities $1,028,341.25 1,228,871.25 Streets, Sidewalks & Erosion Control Improvements $1,866,665.00 2,224,190.00 Total Development Assurance Amounts (125% of Full Project Cost) $4,609,127.50 Public Improvement Plan Agreement – Xxxxxxxx Phase 2 5,278,385.00 INSPECTION FEES TO BE PAID PRIOR TO PRE-CONSTRUCTION MEETING: Percentage Final of Construction Improvement Construction Cost Amount Inspection Fee Streets, Sidewalks & Erosion Control Improvements 3.5% $1,493,332 1,779,352 $52,266.62 62,277.32 Water 3.5% $689,151 645,646 $24,120.29 22,597.61 Wastewater 3.5% $682,146 814,613 $23,875.11 28,511.46 Drainage 3.5% $822,673 983,097 $28,793.56 34,408.40 Payment to the City $129,055.58 147,794.79 The final construction amount is [$3,687,3024,222,708], and the Public Improvement Inspection fee amount is [$129,055.58147,794.79] (the “Final Fiscal Guaranty Amount”). RECOMMENDED: 8/31/2022 Xxxx Xxxxxxxxx, P. E. Date City Engineer Public Improvement Plan Agreement – Xxxxxxxx Section 1 Phase 2Engineer

Appears in 1 contract

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net

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