Title
Approving a Storm Water Facilities Maintenance Covenant, License and Agreement for the TRI Business Park development, located at 1801 Central Commerce Court, and authorizing the City Manager to execute the agreement.
Summary
The TRI Business Park site plan will incorporate a redesigned aboveground detention ponds to detain storm water runoff from the property. This agreement spells out the owner's responsibility to maintain the facilities in perpetuity. Inspection and maintenance will be the sole responsibility of the property owners; however, in the event the system is not being properly maintained, this agreement gives the City the right to enter the property and perform any inspection, monitoring, operation, maintenance, replacement, upgrade or repair necessary for the duration of such activities and allows for the City to recover the costs associated with such actions.
Deadline for City Council Action
Action is requested on April 9, 2019.
Funding Expected: Revenue __ Expenditure __ N/A X
Budgeted Item: Yes __ No __ N/A X
Amount: N/A
1295 Form Required? Yes __ No X
Legal Review Required: N/A __ Required X Date Completed: _March 27, 2019
Recommended Action
Approve the Storm Water Facilities Maintenance Covenant, License and Agreement for the TRI Business Park development, located at 1801 Central Commerce Court, and authorize the City Manager to execute the agreement.