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HomeMy WebLinkAboutRES.1202.09-16-1996 BILL NO. 96-278 RESOLUTION NO. i'�1������ A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A WATER MAIN EXTENSION AGREEMENT WITH ASHLAND DEVELOPMENT CORPORATION BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CAPE GIRARDEAU, MISSOURI, AS FOLLOWS: ARTICLE 1. The City Manager, for and on behalf of the City of Cape Girardeau, Missouri, is hereby authorized to execute a Water Main Extension Agreement with Ashland Development Corporation. A copy of said Agreement is attached to this Resolution and made a part hereof. PASSED AND ADOPTED THIS �� DAY OF , 19�CS � A. . pr dling, III, yor ATTEST: ��t.4. `-- Gayl' L. Conrad Deputy City Clerk . ` , AGREEMENT FOR WATER MAIN EXTENSION BETWEEN THE CTTY OF CAPE GIRARDEAU, MISSOURI AND ASHLAND DEVELOPMENT CORPORATION THIS AGREEMENT, by and between the City of Cape Girardeau, hereinafter referred to as "City", and Ashland Development Coporation, hereinafter referred to as "Developer". WI-�REAS, the City has plans to install a new water distriburion main as part of the Twin Lakes Main Extension Project, but is unable to bid the entire project for construction at the present time; WI�EREAS, the Developer is developing a subdivision that will also be served by a portion of this project, and desires to extend a water distribution main to the subdivision in a time that would not hinder the developmen� NOW THEREFORE, for and in consideration of the mutual covenants and agreements herein, the parties agree as follows: 1. The City agrees to supply the developer a plan for the extension an 8" water main to serve the subdivision. This agreement and plan is separate from and does not include the water distribution system within Ashland Court Subdivision. 2. The Developer agrees to install the main as indicated on the plans in accordance with the Standard Specifications for Water Distriburion Construction under the inspection of the City Engineering Division. 3. The parties agree to share the cost of this extension. The City agrees to reimburse the Developer for the material cost of all pipe, valves, fire hydrants, and fittings used on the project. The City will reimburse the Developer at a price equivalent to the City's current annual purchase order for water distribution materials. T'he quantiries for reimbursement shall be verifietl by the inspection records. 4. The Developer shall be responsible for the cost of installarion of the water main and all other items incidental to the construction that are not mentioned in Item 3. 5. The City reserves the right to cancel and terminate this Agreement should the Developer violate any of the terms of this Agreement This Agreement shall be binding upon the heirs, successors, and assigns of the parties hereto. THIS AGREEMENT, made and entered into this day of , 1996. ASHLAND DEVELOPMENT CORP. CITY OF CAPE GIRARDEU, MISSOURI er ert . nms, esi ent Micheal G. Miller, City Manager i � � �\� � j - c.�t cMwaoc�u cou«rr 1 � fAMM M11K - � ♦� �/ Ofr4 O I���Q� ' � �'Of � vcrc�un � .arc . I \^ � - ��� � \ Kuus V�qK ,. \ !� LL � .. 2� 27 \ 1` t t] \ uaw co.ro..�t _. \ ��� 4, \ � s --�� —_ \ - � I \ �_. . —— -- � � j r i � I \ :urt. zzu �� — 3 . —�_ , � \ ` ` � - \,�� ._ � « z� Z� � — _ _