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Ve J � r741 <br />The u e Ig � r requ is the Public Improvements as described below: <br />Type of Improvement: P ^Vltkv <br />tL.o• W • RW 5 <br />Location: <br />[WE <br />City of Eugene <br />99 E. Broadway, Suite 400 <br />Eugene, Oregon 97401 <br />(541)682 -5291 <br />(541)682 -5032 FAX <br />VgPr,. 1,AAMO&WE <br />name) <br />North or east limit: South or west limit: <br />(Except forsubdlvisbns) (Except forsubdvlslons) <br />be designed and constructed during the 't' or subsequent construction season in the following manner <br />(Year) <br />(check one): i <br />❑ 1. As a City engineered and constructed public improvement project (eligible for assessment financing). <br />City agrees: <br />a) to perform engineering design, cost estimate, award of contract, construction inspection, and assessment tabulation <br />for the improvements; <br />b) to participate in the cost of necessary additional capacity of improvements beyond the assessable amounts as <br />stipulated in the Eugene Municipal Code. <br />Owner agrees: <br />a) to pay ail_ 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 execution of <br />a construction contract, the owner further agrees to pay all engineering and other project- rilated costs incurred by <br />the City to that point, and to comply with paragraph 2 below, If applicable. <br />X 2. As a privately engineered and constructed public improvement project with private financing arranged <br />by the Owner. <br />Owner agrees: <br />8), to install all required public improvements within above described construction season at no cost to the City; <br />b) to pay actual City costs incurred for plan review and processing, inspection, materials testing, and other engineering <br />services, all of which will be billed and payable monthly with final payment due prior to City's final acceptance of the <br />completed improvements. <br />c) to provide the City a bond (EC 7.145 (1)), which includes a one -year warranty period, In an amount sufficient to cover <br />all engineering and construction costs associated with completion of the required public improvements or financial <br />guarantee (EC 7.145 (2)) that equals 125% of the engineering. and construction costs associated with completion of <br />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 <br />to. <br />1) penalty charges: in the event the property owner fails to make payment when due under this agreement; the <br />property owner shall be charged a penalty in the amount of $25 or ten percent (10° %o)-of the past due amount, <br />whichever is greater. Payment of the penalty shall not constitute a waiyer -by the Cityof its'ether remedies. <br />2) interest charges: property owner shall pay interest on all past due amounts at the rate of eighteen percent <br />(18 %) per annum from the due date until paid. This sum shall be in addition to penalty charges. <br />If the Owner fails to uphold the above stated conditions the City will: <br />a) withhold building permits and connection requests for properties abutting the public improvements; and <br />b) use the bond or financial guarantee to complete all unfinished public improvements; repair or replace defective public <br />imnrnvPmPnts: or recover Citv costs incurred for engineering services, inspection, and testing. <br />I u.c <br />pr�p�y shame -- <br />Dr <br />Wil ' TT � � `b � •f 1L (13d <br />t ai...a74 <br />4Y 3 7, <br />Phone Number (business hours) <br />Co- Owner's Signature <br />Co-Ownees Name <br />Date <br />Address <br />City /State/Zip <br />Phone Number (business hours) <br />aignaturq <br />Title <br />Date <br />101 E Broadway, Suite 400 <br />Eugene, OR 97401 <br />Ong lal t fil City of Eugene '' <br />Copias, to OOr er Cow e , a , d i s ctor <br />