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HomeMy WebLinkAbout2024-07-11 Lake Butte De Morts Dev AgreeDocument Number LAKE BUTTE DES MORTS DEVELOPMENT PHASE DEVELOPER'S AGREEMENT Document Title Description of Property DOC# 1926151 NATALIE STROHMEYER REGISTER OF DEEDS WTMIFRAGsr. M-ULTYAXT RECORDED ON: 07/11/2024 10:40 AM RECORDING FEE: 30.00 PAGES: 10 and Return Address City Attorney Office P 0 Box 1130 Oshkosh W .54903-11. Parcel Identification Numt 912-7610-01-00 912-7615-01-00 Lot 1, CSM 8157 Lake Butte des Morts Development Phase I CSM, recorded with the Winnebago County Register of Deeds at Page 8157 in the book of Plats on June 27, 2024 as Document Number 1925407, and being part of the Northwest 1/4of Section 3, Township 18 North, Range 16 East, City of Oshkosh, Winnebago County, Wisconsin This instrument drafted by: Attorney David J. Praska Oshkosh, WI 54903-1130 (PIN) (Del LAKE BUTTE DES MORTS DEVELOPMENT — PHASE I DEVELOPER'S AGREEMENT FOR FINANCING IMPROVEMENTS THIS AGREEMENT is made pursuant to Section 66.0703 of the Wisconsin Statutes providing for levying and assessing the cost of various improvements to the property herein described. WHEREAS, Developer wishes to construct Phase I of a development identified as Lake Butte des Morts Development Phase I which has been created and recorded as a Certified Survey Map (CSM) with the Winnebago County Register of Deeds on Jvht 2"1 , 2024 as Document Number 10\1-5 L b-1 and which designates certain property for public use and for public right-of-way; and WHEREAS, the Developer, in consideration of the approval of the development and provision of public services, will construct, install and/or pay for certain public improvements necessary within the Lake Butte des Morts Development Phase I property; and WHEREAS, the undersigned owner and developer has agreed, in consideration of installation of various improvements and performance of services by the City for the benefit of its development, to pay the full cost of such improvements/services and related costs through invoice and/or special assessment financing pursuant to Section 21-2 through 21-12 of the Oshkosh Municipal Code upon certification by the City Engineer for the City of Oshkosh that said improvements have been completed, except for certain improvements which may be installed by and/or paid for by the undersigned developer; and WHEREAS, the Common Council of the City of Oshkosh approved initial and final resolutions pursuant to Section 66.0703 of the Wisconsin Statutes upon execution and approval of a Waiver, executed by the undersigned, Developer of property herein described of special assessment notices and hearing; and WHEREAS, the Common Council of the City of Oshkosh by Resolution No. 1+ T°i adopted on the 7Yrday of k 2024, authorized and directed the proper City officials to enter into an appropriate agreement to provide for full payment by the undersigned developer of said improvements and related costs, and related matters. 1 February 24, 2022 NOW, THEREFORE, IT IS HEREBY AGREED to by and between the City of Oshkosh, a municipal corporation located in Winnebago County, Wisconsin ("CITY") and Red Earth LLC., a limited liability company, with is principal offices located at 1201 North Superior Avenue, Tomah, WI 54660 who is the owner and developer ("DEVELOPER"), in reliance on the recitals, representation, and covenants made herein, as follows: 1. Developer covenants and warrants that it is the owner of all the property described as follows: Lot 1, CSM DS-1 Lake Butte des Morts Development Phase I CSM, recorded with the Winnebago County Register of Deeds at Page $ in the book of Plats on 2024 as Document Number ZS4 and being part of the Northwest 1/4 of Section 3, Township 18 North, Range 16 East, City of Oshkosh, Winnebago County, Wisconsin, 2. Developer agrees to be responsible for the obligations set forth in this Agreement, as well as compliance with city -approved plans and all laws, rules, and regulations which apply to Lake Butte des Morts Development Phase I. 3. Developer has requested, and consents to, services from and installation by City of various improvements described as follows: Survey and Inspection Services for Private Construction of: Sanitary Sewer and Laterals, Water Main and Laterals, Storm Sewer and Laterals, Sidewalk, Grading, Graveling, Restoration, Concrete Curb and Gutter and Asphalt or Concrete Paving, Street Lighting equipment, and installation of lighting conduit. Developer shall contact the City Electric Division at 920-232-5350 prior to any public electric installation. 4. The Developer shall install, and the City expressly consents to Developer installation of the following improvements: Sanitary Sewer and Laterals, Water Main and Laterals, Storm Sewer and Laterals, Sidewalk, Grading, Graveling and Restoration, Detention Basin Grading and Restoration, Concrete Curb and Gutter and Asphalt or Concrete Paving, Terrace Trees, Street Lighting equipment, and installation of light poles and conduit. 2 February 24, 2022 Owner and Developer shall perform survey, grading, restoration and inspection for all areas outside of the right of way, including all lot corner elevations. All final restoration within the Right of Way shall include 6" of topsoil, seed, fertilizer and erosion mat. All services and installations shall be according to plans and specifications, and subject to the approval and acceptance, of the City Engineer. 5. No Occupancy Permits will be issued for any building to which utilities have not been extended to and/or for any lot to which access has not been provided by graded, graveled and properly maintained temporary public roads. No occupancy permits will be issued for any building until an "as -built" grading and drainage plan has been approved by the Department of Public Works. At a minimum, the as -built plan shall show all drainage features, and lot line grades. The as -built plan shall be certified by a Professional Engineer (PE) or a Registered Land Surveyor (RLS) licensed in the State of Wisconsin to be in compliance with the grading and drainage plan approved by the Department of Public Works. All storm water management facilities shall be compared to the original design. Any deviation from the design shall be noted, and the Department of Public Works may require the Developer to confirm that the as -built facilities comply with the storm water management ordinance. Incorporated by reference within this Agreement is the approved grading and drainage plan as required by Chapter 14 and 30 of the Oshkosh Municipal Code. These plans shall be adhered to and maintained by the developer and any successive owners of the property in a manner which is consistent with the original design, function and capacity of the plan. If the respective owners fail, in the sole judgment of the City, to properly maintain the grading and drainage plan, the City shall give notice of such fact to the respective owner(s) who shall have the time specified in the notice to correct the deficiencies. If the owner(s) does not satisfactorily complete the work within the time allotted, the City may enter the property, using its own employees and equipment or contracting with others to complete the work. Owner and Developer hereby grants in perpetuity to the City reasonable and appropriate access easements over this subdivision for such purposes. Cost incurred by the City will be levied against the respective parcel(s) as a special charge pursuant to Section 66.0627 of the Wisconsin Statutes. This provision constitutes Owner's and Developer's, and any respective lot owner's, waiver of the notice of hearing and hearing otherwise required by Section 66.0703 of the Wisconsin Statutes. This covenant is intended to run with the land and to survive any subsequent divestiture of title by Owner and Developer, or any respective lot owner(s) to any successor in title but is not intended to benefit third parties who are not a party to this agreement. 3 February 24, 2022 The Owner and Developer agrees to enter into a Long Term Maintenance Agreement and Storm Water Management Facility Maintenance Agreement with the City for Lake Butte des Morts Development Phase I prior to selling any interest in any portion of the plat for Phase I. The agreement will establish who shall be responsible for the long term maintenance of storm water features, including but not limited to any required detention basin maintenance, sidewalk maintenance and future special assessments. This Storm Water Maintenance Agreement will be a separate Agreement for the Lake Butte des Morts Development Phase I. 6. CITY SERVICES. The attached exhibit, acknowledged by City and Developer as being true and correct, is incorporated by reference as if fully stated herein. EXHIBIT "A" - Waiver of Special Assessment Notices and Hearing under Section 66.0703, Wisconsin Statutes It is specifically understood by and between the parties that the amounts set forth in the attached Exhibit "A" Waiver of Special Assessment Notices and Hearing under Section 66.0703, Wisconsin Statutes are estimates only. Invoices and assessments shall be based upon the actual costs of services and construction. In the event that the estimated cost exceeds the actual costs of services and construction, the Developer shall be responsible only for the actual cost of construction. In the event that the actual costs of services and construction exceed the estimated costs, the City shall be entitled to assess the property for any excess costs pursuant to statutory notice and hearing or upon execution of an appropriate waiver. A. Payment for City Services The Owner and Developer shall supply a cash payment prior to approval of this Agreement for the services to be provided by the City. The cost is included in Exhibit „A„ The Developer shall provide a cash payment, in an amount equal to the estimated cost for any publicly constructed improvements and/or services set forth in Exhibit "A" attached hereto which shall be drawn upon by the City in payment of construction and/or related costs for the public improvements. Payment shall be filed in the office of the City Clerk prior to approval of this Agreement by the Common Council. Survey and Inspection Fees for: Sanitary Sewer and Laterals, Water Main and Laterals, Storm Sewer and Laterals, 4 February 24, 2022 Sidewalk, Grading, Graveling, Restoration, Concrete Curb and Gutter and Asphalt or Concrete Paving, Street Lighting equipment, and installation of lighting conduit. The Developer shall pay all invoices, in cash, within 30 days of invoice from the City for additional services: 7. Developer, and any successors in title, covenants and agrees to release the City, it assigns, employees, agents and contractors from any and all claims arising from the City's performance of its obligations under this agreement and shall further hold the City harmless for any and all claims arising from Developer's performance of its obligations under this agreement, and shall indemnify and refund to the City all sums which the City may become obligated to pay, including attorney fees, arising from the parties' performances of this agreement within 30 days of written demand for payment. 8. All privately constructed public improvements shall be completed within one year from the date of this agreement or the Owner and Developer shall be considered in default of this agreement and subject to the provisions of paragraph 11 relating thereto. 9. PRIVATELY CONSTRUCTED IMPROVEMENTS. Prior to approval by the Common Council, the Owner and Developer shall file a two year performance bond or letter(s) of credit, which shall be renewable at the option of the City of Oshkosh if such construction has not been completed within the one year period specified above and which meets the approval of the City Attorney, which shall guaranty Developer's performance of any privately constructed improvements as set forth in Exhibit "A" attached hereto. The Developer may request a reduction in the letter of credit once annually for work that is complete, but not accepted. The City will review the request and reduce the letter of credit as it deems appropriate, portions of the value for the work completed will be retained until the guarantee letter of credit is filled. After written acceptance by the City of any privately constructed improvements, Developer shall submit a letter of credit in the amount specified in the attached Exhibit "A" as a guarantee of such improvements for a period of two years from the date of acceptance. The Owner and Developer shall be responsible for repairs to said privately constructed improvements during this two year guaranty period. February 24, 2022 Failure to file an appropriate letter of credit shall entitle the City to stop all construction work upon the project including construction performed by private contractors, by notice to the Developer and any contractors. Notice may be given personally to an individual representative of the contractor or Developer and/or sent by mail to the Developer or contractor. If construction work continues without filing of an appropriate bond, the City shall be entitled to seek an injunction to prevent further work on the project until such time as an appropriate bond is filed and to seek such other and further relief as may be deemed appropriate. In addition to any equitable relief, the City may seek monetary damages and upon judgment shall be entitled to its costs and fees in pursuit of any action under the terms of this paragraph. 10. Any deficiencies found in or resulting from the private construction of the public infrastructure must be provided to the Developer in writing. The City will work in good faith to determine an appropriate schedule for when the corrective actions need to take place. 11. In addition to the remedies for default provided to the City by the financial guarantees contained within this Agreement, the City shall have the right without notice or hearing to Developer, or any successor in title, to impose special assessments for any amount to which the City is entitled by virtue of this Agreement upon each and every lot within the subdivision. Such assessments shall be imposed on the individual parcels in accordance with such parcel's share of the amount to which the City is entitled in accordance with this Agreement and which amount has not been paid by the Developer of such parcel or its successors or assigns. With respect to defaulting Developer, this provision constitutes Developer's consent to the installation by the City or designee of all public improvements and remediations required by this Agreement and constitutes Developer's, and any successors in title, waiver and consent to all special assessment proceedings as described in Section 66.0703, of the Wisconsin Statutes. This covenant is intended to run with the land and to survive any subsequent divestiture of title by Developer to, and shall be binding on, any successor in title. The remedies provided in this Agreement are not exclusive. The City may use any other remedies available to it. 11. Developer agrees to pay any costs associated with maintenance to the gravel street base or asphalt base which may be necessary during the period prior to permeant pavement construction. If the City should incur any costs for maintenance or repair under this paragraph, Developer shall pay the actual costs incurred by the City within 30 days upon invoice from the City. 12. This Agreement and its attachments, may be recorded at City's option, and if 6 February 24, 2022 so done, this document shall serve as Notice of Lien against all affected properties within Lake Butte des Morts Development Phase I. IN WITNESS WHEREOF, the parties heretofore have caused this Agreement to be signed by the proper persons of each party and their corporate seals, affixed. LORA HEROLD Notary Public Wisconsin Dated:0.� �0 2024. State of In the Presence of: � Developer fon,rniss i`an QXPiYe s a?/05�o�U aZ(o Jake Buswell 1201 North Superior Avenue, Tomah, WI 54660 CITY OF OSHKOSH By: Ma k A. Rohloff, City Manager And: (Do Diane Bartlett, City Clerk App oved as o F rm: ' L A A. Loren o , City Attorney STATE OF WISCONSIN ) SS. WINNEBAGO COUNTY ) Personally came before me this __q__ day of % Vne 2024, the above -named Mark A. Rohloff, City Manager, and Diane Bartlett, City Clerk, of the City of Oshkosh, a municipal corporation, to me known to be the persons who executed the foregoing instrument, and to me known to be such officers of said corporation, and acknowledged that they executed the foregoing instrument as such officers as the deed of said corporation, by its authorit7n �— n PA� .Notary, Public, Winnebago Co., WIWiinnne1'bago Co., WI -:My Commission expires/is: 1 ` a- This,document drafted by: Attorney David J. Praska, Deputy City Attorney Oshkosh, WI 54902-1130 7 February 24, 2022 STATE OF WISCONSIN ) ) SS. WINNEBAGO COUNTY ) Personally came before me thi day of 2024, the ove-named Jake Buswell, to me known t e the person(s) who executed the foregoi instrument and to me known to be such ersons, and acknowledged that he executed a foregoing instrument as such officer as th deed of said corporation, by its authority. Notaublic, Winnebago County, WI My,Commission expires/is: DEVELOPER AGREEMENT REQUIREMENTS BEFORE adoption of the Developer Agreement by the City Council, the following items must be filed with the Office of the City Clerk: A signed waiver A Cash Deposit in the amount of any publicly constructed improvements or services which may be drawn upon by the City in payment of construction and/or related costs for the public improvements. A performance bond or letter of credit guaranteeing completion of private construction within two (2) years. Please contact the Department of Public Works with any questions in this regard. After private construction is complete, a two year letter of credit, which meets the approval of the City Attorney, may be filed in an amount equal to 20% of the total construction cost to guarantee the privately constructed improvements. Upon the written acceptance of the work by the City and the filing of this two year letter of credit, the letter of credit or bond specified above may be released. Written approval of private construction under a Developer Agreement will be issued by Public Works when the work is completed. Please contact the Department of Public Works with any questions in this regard. An invoice will be issued by the Finance Director when notified by the Public Works Department that work is completed. Invoices must be paid within thirty (30) days from the date of invoice. Payments should be made to the Collections Division. ANY change in the assessments or construction (private or public) that have been authorized through a Developer Agreement MUST be amended through Council action. Please contact the Department of Public Works to initiate any corrections in this regard. This agreement requires the Owner and Developer, immediately upon transfer of title to any of the property included within the agreement to fully pay the outstanding assessments and anticipated future special assessments against the transferred parcel or portion. If you are transferring the property to another developer and would like to request amendment to the Developer's Agreement to reflect that transfer, please contact 8 February 24, 2022 either the City Clerk or City Attorney's office in this regard. Phone Numbers: Department of Public Works City Clerk's Office Director of Finance 236-5065 236-5011 236-5005 9 February 24, 2022