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Street Improvements (subgrade, asphalt surfacing, and concrete curb, gutter,
sidewalk and street lighting) storm dralmge and water line on SW 19th Street
from Lind Ave SW to Westerly entrance of VYZIS (Southgate Office Plaza) a
distance of 650 feet with dac waterline etnu: oing onto Raymond Ave. SW. The
above street improvements Include all appurtel, ances,
and such installation to be made in full compliance wim .:--,,;icaDle coos and
r,gulations of the "CITY." The "DEVELOPER' further covenants and warrants ghat
all cxpcnses and claims In connection with the construction and Installation oC
the aforesaid improvements, whether for Labor or materials or both have been or
will be paid in full, all at the "DEVFLOPER'S' expense, and the `DEVELOPER'
covenants and agrees to hold the "CITY' harmless from any liability in connection
therewith.
2. See Exhibit "11" attached hereto for the legal description of the lands affected by
this latecomer agreement, and see Exhibit "e' attached hereto for the map
showing in outline the land affected by such additional charges per the terns of
this agreement. The "Developer' further certifies that the tote( cost of said
construction as hcrcinabovc sper-ificd is delineated on attached Exhibit'D'.
The total amount of the cost of said Improvement shall be employed to
determine the pro rota reimbursement to the 'DEVELOPER' by any owner of real
estate who did not contribute to the original cost of such improvement, and who
subsequently wishes to lap Into or hookup to or use said facilities, which tap or
hookup shall include connections to laterals or branches connecting thereto, all
subject to the laws and ordinances of the "CITY" and the provisions of this
Agreement.
TIIE NIETIIOD OF DETEMINING LATECOMER PAYM£YP
SlIA11 6E AS FOLLOWS:
Sum of one half the water line installation, plus roadway Improvement
and storm drainage improvement differences between the cost of 650
feet of full roadway and 1010 feet of one-half road way improvements.
bfcthodology wed to spread the cost over the benchting property per
cost summary sheet labeled Exhibit'D".
TTIE PRO RATA COST. dR PROPERTY 15 $48,469.00.
IATGrnNEAY AGREEMENT •2
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