E 'jrtigineering and <br /> ~ ~ Public Works <br /> <br /> Construction Agreement Engineering <br /> City of Eugene <br /> 858 Pearl <br /> Job Number. Contract Number: Eugene, OR 97401 <br /> (541)682-5291 <br /> Capital Project Number: FAX: (541)682-5032 <br /> The undersigned Owner requests the Public Improvements as described below: <br /> Type of improvemer>~aying, wastewater, stormwater, signage <br /> (Paving, wastewater, stormwater, street lights) <br /> Location: East Ridge Village PUD Phase 5 (1st Addition) <br /> (Street or easement. !f a subdivision, print subdivision name) <br /> North or east limit: Glenwood Drive South or west limit: East Ridge Village PUD <br /> (except for subdivisions) (except for subdivisions) <br /> be designed and constructed during the 2004 or subsequent construction season in the following manner (check one): <br /> (Year) <br /> c 1. As a City engineered and constructed project (eligible for assessment financing). <br /> City agrees: <br /> a) to perform engineering design, cost estimate, award of contract, construction inspection, and assessment <br /> tabulation for the improvements; <br /> b) to participate in the cost of necessary additional capacity of improvements beyond the assessable amounts <br /> as stipulated in the Eugene Municipal Code. <br /> Owner agrees: <br /> a) to pay all engineering and construction costs which are not eligible for assessment financing. <br /> b) if the undersigned owner chooses to discontinue the City engineering and construction process prior to <br /> execution of a construction contract, the owner further agrees to pay all engineering and other project-related <br /> costs incurred by the City to that point, and to comply with paragraph 2 below, if applicable. <br /> 2. As a privately engineered and constructed project with private financing arranged by the Owner. <br /> Owner agrees: <br /> a) to install all required public improvements at no cost to the City; <br /> b) to pay actual City costs incurred for plan review and processing, inspection, materials testing, and other <br /> engineering services, all of which will be billed and payable monthly with final payment due prior to City's <br /> final acceptance of the completed improvements. <br /> c) to provide the City a bond, which includes aone-year warranty period, in an amount sufficient to cover all engineering and <br /> construction costs associated with completion of the required public improvements. <br /> d) to pay other charges and levies for public improvements, if required. Other charges may include, but are not limited to: <br /> 1) penalty charges: in the event the property owner fails to make payment when due under this agreement, the property <br /> owner shall be charged a penalty in the amount of $25 or ten percent (10%) of the past due amount, whichever is <br /> greater. Payment of the penalty shall not consitute a waiver by the City of its other remedies. <br /> 2) interest charges: property owner shall pay interest on all past due amounts at the rate of eighteen percent (18%) <br /> *Project has recei~edannuityude <br /> elolpfnenthapprovalefromtio~epe~ ecnCarog~ty Road Advisory <br /> C~aflittee (Cgnanissioners approval pending <br /> PROPERTY OWNER WNER CfTY OF EUGENE <br /> Visi Investments II. Inc. <br /> PRO NER NAME (pant) CO-OWNER'S NAME (print) SIGNATURE <br /> GN R SIGNATURE TITLE <br /> -22-Q <br /> DATE DATE DATE <br /> P_o_ i~X 1Q1f17 <br /> ADDRESS ADDRESS 777 PEARL STREET <br /> EUGENE, OREGON 97401 <br /> CITY STATE /ZIP CITY /STATE /ZIP <br /> ~~n) 784-2817 <br /> PHONE NUMBER (business hours) PHONE NUMBER (business hours) <br /> E(~ (q2g~ ORIGINAL /CITY YELLOW /OWNER PINK /INSPECTOR FEBAUARY2002 <br /> <br />