RESOLUTION #09-86

Approving Final Plat of Welter’s First Addition to the City of Monticello, with improvements to be accepted upon final construction and completion.

WHEREAS, The City of Monticello, Iowa is an incorporated city within Jones County, Iowa; and

WHEREAS, The Planning & Zoning Commission previously reviewed and recommended to the City Council that the Preliminary Plat of Welter’s First Addition be approved, and

WHEREAS, The City Council previously approved the Preliminary Plat of Welter’s First Addition by Resolution #08-12, on February 4, 2008, and

WHEREAS, The Developer has constructed the Subdivision and improvements consistent with the approved Construction Plans for Public Improvements under the supervision and observation of the City Engineer, Snyder and Associates, and

WHEREAS, The public improvements have been largely completed, including the roadway, sewer and water mains, and detention basin, with curb and gutter installation and lighting presently incomplete, and

WHEREAS, The City and the Developer previously entered into a developer’s agreement, whereby the City is sharing with the developer in the infrastructure costs, the City having paid 50% of its’ obligation to date, with the balance to be paid in up to two installments, of 30% and 20%, with the final 20% to be paid upon final acceptance of the public improvements, and

WHEREAS, The Planning and Zoning Commission found that the funds held by the City, not yet paid to the developer, offer the City adequate protection to ensure that the remaining public improvements will be completed, and in any event same must be completed prior to final acceptance by the City of the public improvements to be dedicated to the City, and based thereon passed a Resolution at their meeting of June 23, 2009, recommending to the City Council that said Final Plat be approved.

NOW THEREFORE, BE IT RESOLVED that the City Council of the City of Monticello does hereby approve the Final Plat of Welter’s First Addition to the City of Monticello with the public improvements to be accepted upon certification by the City Engineer that same have been finally and completely constructed.