HomeMy WebLinkAboutContract Vision Land Development, L.L.C.
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AGREEMENT
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This Agreement is entered into on the ~ day of November, 2005, by and between the
Jeffersonville Municipal Sewage Utility by and through the Jeffersonville Sewer Board ("City"), and
Vision Land Development, LLC, a limited lial?ility company ("Developer").
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RECITALS:
Whereas, the City will construct a new sanitary sewer interceptor, sanitary collectors, pump
station, and force main, known as the Annef Area 4 Sewers in Jeffersonville, Indiana to serve the
area of the city adjacent to Veterans Parkway, in particular the development called the Jeffersonville
Town Center (JTC) being developed by the Developer, and
Whereas, the Developer agrees that the Annex Area 4 Sewers are of great benefit to the
Developer in that sewage utilities will be macle available to the property at a substantial cost savings
to the Developer; and
Whereas, the Developer agrees that if the City constructs the pump station, force main, and
main gravity interceptor, it is the responsibility of the Developer to extend the collector sewers that
will provide sewer service to the different blfildings proposed for the JTC, and as such, will refund
the City the installation costs of s-aid sewer cqllectors if the City previously constructs them.
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Now, therefore, in consideration of the mutual promises contained herein, the City agrees
that the Developer is hereby authorized to connect the JTC to the Annex Area 4 Sewers and the
Developer agrees to reimburse the cost of, the collector lines, plus applicable tap-in fees, which
amount will be determined by the City's Sewage Office in accordance with the Sewer Use
Ordinance, subject to the following stipulations:
1. Developer's Duties
A. The Developer shall reimburse the City the cost of installing collector sewer lines in
the JTC. The collector lines are denoted Lines 'F', 'G', 'H' and 'J', as shown in
attached Exhibit 'A'.
B. The total estimated construcJion cost of these collector lines, based on bids received
by the City of August 8, 2005, is -as follows:
Line'F'
Line 'G'
Line 'H'
Line'}'
TOTAL
=
$112,020
$33,540
$66,990
$25,600
$238,150
C. Exhibit 'B' attached shows ~e interceptor sewer line (A1), the collector sewer lines
(F, G, H, J), the JTC building numbers within their sewer line connection, apd the
prorated reimbursement per building for each collector sewer.
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D.
The Developer shall make lump sum payments to the City for each building at the
time of purchasing the tap-in permit as shown on Exhibit 'B'.
E. The total amount of collector sewer line reimbursement shall be $238,150, regardles_s . .-_~
of the number of buildings that are construction at the JTC. i1w) S/!J;1.:f' "Z:;"l {~d<.2tU.T1\-P - I i...l r.r&'i
II. City's Duties
A. The City must bear all constrl.1ction costs of the Annex Area 4 Sewers except to the
extent the Developer is requited to
B. The City will own the Annex Area 4 Sewers (including all sewage collection lines,
interceptor, pump station and force main), and will operate, maintain and repla-ce the
sewer lines when necessary.
III. Miscellaneous
A. The laws of the State of In~ana shall gove11l this Agreement. This Agreement and
all of the terms and provisions hereof shall survive the completion of construction of
the Annex Area 4 Sewers and the Developer's construction of the Jeffersonville
Town Center.
c.
The provisions of the Reqtals of this Agreement are substantive and shall be
included in any interpretatiol1 of the Agreement.
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The parties hereto represent 'that: 1) Developer owns the property; 2) the parties are
authorized to enter into this, Agreement; 3) the execution of this Agreement is not
prohibited by the organizational documents or Indiana statutes governing any party
to this Agreement; 4) this Agreement is a valid and, binding contract between the
parties hereto, enforceable ,according to its terms; and 4) the execution of this
Agreement does not conflict with or violate the terms of any Agreement to which
any patty hereto is subject.
B.
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D. To the extent allowed by law, the City hereby indemnifies and holds the Developer
harmless from and against all suits, claims, demands, and other costs and expenses,
including reasonable att011ley fees resulting from any allegations by any persons or
entides challenging the enforceability of this Agreement or the City's ability to enter
into same.
E. Nothing herein contained s4all be deemed or construed as creating the relationship
of principal and agent, partnership, or joint venture between the parties hereto.
F. If any party to this Agreement defaults, the other parties shall be entided to recover
all att011leys' fees, costs and expenses reasonably incurred to enforce this Agreement.
G. Any notice or other communication required or permitted to be given under this
Agreement shall be in writing and shall be mailed by certified mail, return receipt
requested, postage prepaid, addressed to the parties at the following addresses:
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City:
The City of Jeffersonville
4th Floor, City-County Building
Jeffersonville, Indiana 47130
Attn: Leslie D. Merkley
Developer:
Vision Land Development, LLC
455 Delta Avenue, Suite 108
Cincinnati, Ohio 45226
Attn: Kent Arnold
All notices and other commurucations will be deemed received three (3) days after
the date of mailing. A party's address for service of notices may be changed from
time to time by giving writteri notice of the party's new address to the other parties.
H. This Agreement shall be valid and binding upon the parties hereto and their
respective successors and assigns.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date set
forth above.
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By:
Kent Arnold, Pre,jdent /J .
Wit11eSS~ I. me~
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EXHIBIT 'B'
JEFFERSONVILLE TOWN
CENTER
COLLECTOR SEWER REIMBURSEMENT FEES
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11/03/2005
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L COLLECTOR
I BUILDING LINE
N # PAYMENT
E
13 $0
3 $0
A1
5 $0
8 $0
0-2 $18,670
0-4 $18,670
0-3 $18,670
F
0-5 $18,670
10 $18,670
11 $18,670
12 $16,770
G
1 $16,770
2 $22,330
H 4 $22,330
9 $22,330
6 $12,800
J
7 $12,800
TOTAL $238,150