Resolutions-2013-031

RESOLUTION NO. 2013- 031 A RESOLUTION APPROVING THE FINAL PLAT AND ACCEPTING STREET, WATER MAINS, SANITARY SEWER AND STORM SEWER, BUT NOT SIDEWALKS OF WOODFIELD RIDGE — PART THREE, A SUBDIVISION OF TIFFIN, JOHNSON COUNTY, IOWA Whereas, Woodfield Ridge, LLC, as Subdivider has filed with the City Clerk of the City of Tiffin, Iowa, an application for approval of the final plat of Woodfield Ridge - Part Three, a subdivision of Tiffin, -Johnson County, Iowa, which is legally described as follows:. See attached Exhibit " A" that is incorporated into this agreement And Whereas, The City Engineer will do a final examination of the final plat and provide his recommendation on approval of the final plat to the Council; And Whereas, the City hereby acknowledges the subdivision ordinance requirement that five percent ( 5%) of the subdivision be dedicated for open space in Part Three will be Lot A and Outlot A. And Whereas, the City and the Subdivider, their successors and assigns, have reduced to terms a°Subdivision Agreement will be recorded with Johnson County; And Whereas, the infrastructure improvements for Streets, Water, Sanitary Sewer and Storm Sewer, are subject to two year maintenance bonds per Design Standards as approved by City Council; Whereas, the final plat is found' to conform with all of the requirements of the City's Ordinances and Subdivision Agreement with the exception of sidewalks within Woodfield. Ridge -Part Three, and any payment of fees due to the City by the Subdivider. Now, therefore be it resolved by the City Council of the City of Tiffin, Iowa that the Mayor and City Administrator/ Clerk are hereby authorized to execute the documents necessary to approve the final plat as submitted and as approved by the City Engineer and City Attorney, including the Subdivision Agreement, and all other necessary documents, but, as a condition of its approval, the approval of the Subdivision Agreement and the final plat are contingent on the following: 1) Woodfield Ridge, LLC delivering a performance bond or escrow funds to the City, which is acceptable to the City Engineer and City Attorney, in the amount of $ 15, 000; 2) Woodfield Ridge, LLC delivering a maintenance bond to the City, which is acceptable to the City Engineer and City Attorney; 3) Execution by the Subdivider of the Subdivision Agreement; 4) Payment of fees; 5) Execution by the Subdivider of all other documents required by the Subdivision Ordinance or Subdivision Agreement, including easement agreements; 6) Execution by Hills Bank of the Consent of Mortgagee to Subdivision; 7) The City receiving final recommendations on final plat approval from the City Engineer. The final