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CCP 06-02-2014
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CCP 06-02-2014
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12/8/2014 12:33:07 PM
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6/2/2014 8:17:09 AM
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(3) Present invoices from such contractors, subcontractors and construction <br />managers; <br />(4) Present a sworn statement in a form reasonably acceptable to the City and <br />the Owner signed by the Redeveloper's project architect or construction manager and indicating <br />that the remediation or Public Improvement costs for which payment was made by the <br />Redeveloper have been incurred in connection with construction plans previously reviewed and <br />approved by the City; <br />(5) Present lien waivers from such contractors, subcontractors and <br />construction managers for at least the amounts which have been paid to such persons from the <br />previous draw; and <br />(6) Present a statement signed by an authorized representative of the City and <br />the Owner that states that the draw request has been approved, which approval shall not be <br />unreasonably withheld. The City and the Owner shall act upon a draw request within ten (10) <br />days of its submission by the Redeveloper to the City. <br />(e) The Redeveloper covenants and warrants to the Owner and agree that (i) the <br />Remediation Work shall be completed no later than -201 and will not delay <br />completion of the Minimum Improvements and (ii) the Public Improvements shall be completed <br />no later than 201 and will not delay completion of the Minimum <br />Improvements. <br />(f) Redeveloper and its respective representatives who enter the site, shall: <br />(a) maintain comprehensive general liability (occurrence) insurance in an amount of not less than <br />$2,000,000 covering any accident arising in connection with the presence of the Redeveloper and <br />its respective representatives at the Redevelopment Property and the performance of any <br />investigations, examinations or studies thereon, and shall deliver a certificate of insurance (in <br />form and substance reasonably satisfactory to the Owner), naming the Owner as an additional <br />insured thereunder, verifying the existence of such coverage to the Owner prior to entry upon the <br />Redevelopment Property. <br />Section 5.4. Storm Water Ponding. The City has designed and built a storm water <br />management system to serve the needs of the Minimum Improvements. The City shall maintain <br />the storm water ponding as part of its municipal storm water management program for the City of <br />New Brighton. Subject to the approval of the Owner's grading and storm water discharge plans <br />by the City Engineer, the City shall pumit he Redevelopment Property to discharge storm wra: <br />Into ihe,storm water systetp, Notwithstanding the foregoing„ Owner shall be solely responsible <br />for obtaining all required governmental approvals applicable to storm water discharges prior to <br />commencing construction. The Final Plat shall include a storm water ponding easement allowing <br />the Owner to discharge storm water into the storm water management system. <br />Section 5.5. Construction of Minimum Improvements. The Redeveloper shall <br />construct the Minimum Improvements in accordance with the Construction Plans approved by <br />the City and the Owner. Subject to Unavoidable Delays, the Redeveloper shall complete <br />construction of the Minimum Improvements on or before December 31, 2015. <br />31 <br />Deleted: dedicate to <br />Deleted: that portion of the�� <br />Deleted: necessary to <br />adequately accommodate <br />the storm water from the <br />Minimum Improvements <br />located on the <br />Redevelopment Property _ <br />
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