Common use of Sidewalk Deposit Clause in Contracts

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Thousand Six Hundred Eighty and 00/100 ($24,680.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Thousand Twenty and 00/100 ($37,020.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

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Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Three Thousand Six Five Hundred Eighty Ninety Two and 00/100 50/100 ($24,680.0023,592.50) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Five Thousand Twenty Three Hundred Eighty Eight and 00/100 75/100 ($37,020.0035,388.75) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is One Hundred Twenty Four Two Thousand Six Two Hundred Eighty Fifty Five and 00/100 ($24,680.00122,255.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven One Hundred Eighty Three Thousand Twenty Three Hundred Eighty Two and 00/100 50/100 ($37,020.00183,382.50) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Seven Thousand Six Five Hundred Eighty Forty and 00/100 ($24,680.007,540.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Eleven Thousand Twenty Three Hundred Ten and 00/100 ($37,020.0011,310.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Sixty Two Thousand Six Hundred Eighty Ninety Five and 00/100 ($24,680.0062,695.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Ninety Four Thousand Twenty Forty Two and 00/100 ($37,020.0094,042.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3¼) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall may install the sidewalks and shall charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Eighteen Thousand Nine Hundred Thirty Six Hundred Eighty and 00/100 ($24,680.0018,936.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Twenty Eight Thousand Twenty Four Hundred Four and 00/100 ($37,020.0028,404.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk sidewalks in Avondale No. 1 is Twenty Four Eighty Seven Thousand Six Hundred Eighty and 00/100 ($24,680.0087,000.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of One Hundred Thirty Seven Thousand Twenty Five Hundred and 00/100 ($37,020.00130,500.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision being placed on its agendaCouncil=s agenda for action. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this periodperiod and no extensions of time have been granted, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivider's Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Seventy Three Thousand Six One Hundred Eighty Fifty and 00/100 ($24,680.0073,150.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty One Hundred Nine Thousand Seven Thousand Hundred Twenty Five and 00/100 ($37,020.00109,725.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivider's Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty One Hundred Thirty-Four Thousand Six Two Hundred Eighty Four Dollars and 00/100 Cents ($24,680.00) Dollars134,204.00). Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Two Hundred One Thousand Twenty and 00/100 Three Hundred Six ($37,020.00201,306.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Nineteen Thousand Nine Hundred Seventy- Four Thousand Six Hundred Eighty and 00/100 ($24,680.0019, 974.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Twenty-Nine Thousand Twenty Nine Hundred Sixty- One and 00/100 ($37,020.0029,961.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision being placed on its agendaCouncil’s agenda for action. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3¼) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Seventy-Two Thousand Six Five Hundred Eighty Seventy and 00/100 ($24,680.0072,570.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven One Hundred Eight Thousand Twenty Eight Hundred Fifty-Five and 00/100 ($37,020.00108,855.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivider's Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Thirty One Thousand Six Hundred Eighty Two and 00/100 50/100 ($24,680.0031,682.50) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Forty Seven Thousand Five Hundred Twenty Three and 00/100 75/100 ($37,020.0047,523.75) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivider's Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four One Thousand Six Hundred Eighty Fifteen and 00/100 ($24,680.0021,615.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Two Thousand Four Hundred Twenty Two and 00/100 50/100 ($37,020.0032,422.50) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivider's Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Thirty Four Thousand Six Nine Hundred Eighty Fifty and 00/100 ($24,680.0034,950.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Fifty Two Thousand Four Hundred Twenty Five and 00/100 ($37,020.0052,425.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision being placed on its agendaCouncil’s agenda for action. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivider's Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Thirty Three Thousand Six Nine Hundred Eighty Sixty and 00/100 ($24,680.0033,960.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Fifty Thousand Twenty Nine Hundred Forty and 00/100 ($37,020.0050,940.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision being placed on its agendaCouncil’s agenda for action. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3¼) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Fifty Nine Thousand Seven Hundred Forty Four Thousand Six Hundred Eighty and 00/100 ($24,680.0059,744.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Eighty Nine Thousand Twenty Six Hundred Sixteen and 00/100 ($37,020.0089,616.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3¼) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall may be forfeited and the City shall may install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Eleven Thousand Six Three Hundred Eighty Ninety and 00/100 40/100 ($24,680.0011,390.40) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Seventeen Thousand Twenty Eighty-Five and 00/100 60/100 ($37,020.0017,085.60) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Forty-Seven Thousand One Hundred Eighty- Six Hundred Eighty and 00/100 ($24,680.0047,186.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seventy Thousand Seven Thousand Twenty Hundred Seventy-Nine and 00/100 ($37,020.0070,779.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Fifteen Thousand Six Two Hundred Eighty Ten and 00/100 ($24,680.0015,210.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Twenty-Two Thousand Twenty Eight Hundred Fifteen and 00/100 ($37,020.0022,815.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's ’s estimated cost for sidewalk sidewalks in Phase 1 and Two is Twenty Four One Hundred Fifty-Two Thousand Six Seven Hundred Eighty and 00/100 ($24,680.00152,700.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements in either Phase by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Two Hundred Twenty-Nine Thousand Twenty Fifty Dollars and 00/100 ($37,020.00229,050.00) Dollars, which is represents 150% of the Subdivider's ’s estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance on its agenda to accept public improvements pertinent to and the Subdivision on its agendaFinal Plat in Phase 1 of the Subdivision. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3¼) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in on which the City passes an ordinance accepting all public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall may be forfeited and the City shall may install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivider's Agreement

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Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Thirteen Thousand Four Thousand Six Hundred Eighty Seventy-Three and 00/100 ($24,680.0013,473.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Twenty Thousand Twenty Two Hundred Nine and 00/100 ($37,020.0020,209.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Forty-Five Thousand Four Thousand Six Hundred Eighty Ninety- Two and 00/100 ($24,680.0045,492.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Sixty-Eight Thousand Twenty Two Hundred Thirty-Eight and 00/100 ($37,020.0068,238.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3¼) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four One Thousand Six Hundred Eighty Fifteen and 00/100 ($24,680.0021,615.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Two Thousand Four Hundred Twenty Two and 00/100 50/100 ($37,020.0032,422.50) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3¼) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in on which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit City may, but shall not be forfeited and required to install the sidewalks. The City shall install the sidewalks and charge to the Subdivider any additional costs incurred that are not covered by the sidewalk depositdeposit and Subdivider shall pay said costs within thirty (30) days after receipt of an itemized invoice therefor.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Sixty Nine Thousand Six Hundred Eighty and 00/100 ($24,680.0069,000.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven One Hundred Three Thousand Twenty Five Hundred and 00/100 ($37,020.00103,500.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Thirty Thousand Four Thousand Six Hundred Eighty and 00/100 ($24,680.0030,400.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Forty Five Thousand Twenty Six Hundred and 00/100 ($37,020.0045,600.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty One Thousand Four Thousand Six Hundred Eighty and 00/100 ($24,680.0021,480.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Two Thousand Two Hundred Twenty and 00/100 ($37,020.0032,220.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision being placed on its agendaCouncil’s agenda for action. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3¼) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Three Thousand Six Three Hundred Eighty and 00/100 Thirty Two ($24,680.003,332.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Four Thousand Twenty and 00/100 Nine Hundred Ninety Eight ($37,020.004,998.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision being placed on its agendaCouncil’s agenda for action. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3¼) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Forty Seven Thousand Six Two Hundred Eighty Fifty and 00/100 ($24,680.0047,250.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Seventy Thousand Twenty Eight Hundred Seventy Five and 00/100 ($37,020.0070,875.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Twenty-Five Thousand Six Hundred Eighty Fifty and 00/100 ($24,680.0025,650.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Thirty-Eight Thousand Twenty Four Hundred Seventy-Five and 00/100 ($37,020.0038,475.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Thousand Twelve Thousand, Six Hundred Eighty and 00/100 Eighty-Eight ($24,680.0012,688.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Nineteen Thousand Twenty Thirty-Two Dollars and 00/100 ($37,020.00) Dollars19,032.00), which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision being placed on its agendaCouncil’s agenda for action. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3¼) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Four Two Thousand Six Two Hundred Eighty and 00/100 Thirty ($24,680.002,230.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Three Thousand Twenty and 00/100 Three Hundred Forty-Five ($37,020.003,345.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision being placed on its agendaCouncil’s agenda for action. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3¼) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Twenty Forty Eight Thousand Four Thousand Six Hundred Eighty Seven and 00/100 50/100 ($24,680.0048,487.50) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Seventy Two Thousand Seven Hundred Thirty Seven Thousand Twenty One and 00/100 25/100 ($37,020.0072,531.25) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivider's Agreement

Sidewalk Deposit. Subdivider's estimated cost for sidewalk is Forty Eight Thousand Four Hundred Twenty Four Thousand Six Hundred Eighty Eight and 00/100 ($24,680.0048,428.00) Dollars. Should sidewalks not be completed at the time of acceptance of public improvements by City Council, the Subdivider shall deposit with the Office of the Director of Finance a cash deposit in the amount of Thirty Seven Seventy Two Thousand Twenty Six Hundred Forty Two and 00/100 ($37,020.0072,642.00) Dollars, which is 150% of the Subdivider's estimate for construction of sidewalks. This deposit must be made prior to Council placing an ordinance to accept public improvements pertinent to the Subdivision on its agenda. The Subdivider will be entitled to incremental refunds of 25% of the total amount deposited upon installation of each quarter (3) of the total sidewalk to be installed and upon verification of same by the Service Director. Subdivider must install sidewalks throughout the Subdivision within Thirty (30) months of the date in which the City passes an ordinance accepting public improvements. In the event that sidewalks are not installed within this period, the sidewalk deposit shall be forfeited and the City shall install the sidewalks and charge to the Subdivider any additional costs incurred not covered by the sidewalk deposit.

Appears in 1 contract

Samples: Subdivision Agreement

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