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be done with these things and have paid for then, it didn't Saks a � - <br /> lot Of sense to do the 115% LC, when in April or Xay there is very <br /> little left to do and it's in the city's right - of - way. <br /> Susan Griffiths, City Attorney, stated that approximately a r�►��r <br /> two ago the Council approved their standard Subdivision Agra �e <br /> which has this 1150 and other figures in it. The Council reviews <br /> the Subdivision Pyreements from the Planning staff and policy is <br /> that there are no substantivos changes to that standard Subdivision <br /> Agreement unless they are brought back to the council. she — <br /> explained that this docurAnt is not a Subdivision Agreement, but a <br /> Development Agreemant. There was not a subdivision in association _ <br /> with this project to got these public improvements in p2ace. The <br /> discussion between Paul Wood, Planning Director, and Griffiths was <br /> to use %:he Subdivision Agreement, call it a Development Agreement, <br /> try to get the same kinds of assurances to the City that the _ <br /> iaprovements would be in place, and the saes kinds of guarantee. <br /> She stated that this 1s unusual, as it is the first tine they've <br /> used a Development Agreement in a situation where there was no <br /> subdivision. It's an additional protection to the city that didn't <br /> previously exist. <br /> Jim Junge, Architect/ Pl saner of this project, 9630 East Sowers <br /> Place, Greenwood Village, stated that a Subdivision Agreement is <br /> intended for a large parcel that is subdivided into "For Sale" <br /> properties - Those "tor Sale" propertf as deserve that the right -of- S� <br /> way be guaranteed to be paid for by the developer. He explained <br /> that the entire infrastructure needs, to be bonded. funded, letter — <br /> of credited for the 1150 in a subdivision agreement. he didn't <br /> Lee). it would be unfair to set a,.trecedent for PUD's to allow to <br /> say there is a dollar amount gua"'.ntsed by a letter of credit, or <br /> bond, or whatever method is accW able from a legal s•andpoint, for <br /> the portion of which would eitkw,: be a cost overage or that Council - <br /> _ — felt was a risk factor mes&AP4 up Louisville's right -of -ways. <br /> Hoyaz** recommendation. —_ <br /> -� Tom Phare, Public Works Director, stated that as far as Public <br /> Works is concerned, they are happy with the current process. <br /> Hornbostel felt that the irrigation or the open areas had not been <br /> taken into consideration. She stated that a latter or credit is <br /> -� good, as on one particular subdivision, it the city had had that <br /> letter or credit, the city could have taken care of some issues. �• <br /> Junges I couldn't agree more, but it isn't <br /> -� in your Dsve)opnent Agreement that <br /> You've prepared nor in the letter of <br /> 3 credit that we're providing.... at - <br /> 1000, 1150, or at 159. It's <br /> specific for the things stated. In - <br /> a PUD all of those things you bring <br /> -- la <br /> iAM <br /> 7� <br /> . s �. �d �•" Js T,. L•' .. �T �•°'�'.i+T' F�'' .� ; ��^1y. • ,,,�`aC��i L ' <br /> - +���' i II !L:: aC�'M. �� � 'fi 6e�+t., >- wK.. •t,41� , �,ah. F i'?�'N'{� `� t. <br /> ;'.0 .�..'FL'Vr.'1 s?. i�. 'Z ,"''!Yi .A ...+ y.•^lc t� .y. 1 <br /> _ - +' .��. ~ � yn? f ���� � � - . Fly ` ihL'Z; •, . .t+ ,_� <br /> - �''C.SC i Y .�....n. ?. "ferL[•%r i�3" -s:oK, .r , � �. 21� ' r f �- _ : 7 '�_ <br /> ��r+;: ���'�'•+l°�... +r� '' Y.• �: �.* ��' �w��t�- �a��'.'4ES.��'�1f!"'y"�'�,.i "n r�c.:7+��• - <br />