Laserfiche WebLink
(g)Nothing in this Agreement releases or relieves the Property Owner or any <br />landowner, subdivider, or developer of the DELO PUD or Property, or any of their <br />respective successors or assigns, but in no event including the owner-occupant or tenant <br />of any finished, individual residential unit, of obligations to construct the URA Public <br />Improvements for the Development or of obligations to provide to the City such financial <br />guarantees as may be required by the City to ensure the completion of other public <br />improvements (except as expressly provided herein), or of any other obligations to the <br />City under the Louisville Municipal Code or any applicable annexation agreement, the <br />Subdivision Agreement, or other agreements affecting the development of the DELO <br />PUD or Property. <br />(h)The Property Owner will cooperate with the City in the installation of a <br />second RCP stormwater drainage line as depicted on Exhibit E (“City Drainage Line”). <br />Terms of the cooperation concerning the City Drainage Line, including allocation of <br />costs associated with the construction of such Line, shall be included in the Subdivision <br />Agreement. <br />4.Testing and Inspections. <br />The URA Public Improvements shall be subject to testing and inspections in <br />accordance with the provisions of the Subdivision Agreement and other Legal Standards. <br />5.Construction Fund Account. <br />(a)The LRC shall coordinate with the City to create a construction account <br />(“Construction Fund”) at the City to be administered as provided in the Bond Documents. <br />8 <br />19 <br />