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073-87 Ordinance . RECORD OF ORDINANCES " National Graphics Corp., Cols.. 0, ~ Farm No, 2806-A Ordinance No. _Z3".-8Znu Passed ------------ _19_ AN ORDINANCE AUTHORIZING THE ACTING VILLAGE MANAGER TO ENTER INTO A WATERLINE PAY- BACK AGREEMENT WITH PHOENIX LAND COMPANY FOR THE WOODLANDS SUBDIVISION WHEREAS, the Village of Dublin has received and accepted a proposal from Mr. John Yeager of The Phoenix Land Company to install a water- line at his expense to service the Woodlands Subdivision, and WHEREAS, contiguous properties may also be serviced by this waterline, and WHEREAS, Council agrees that a payback agreement is acceptable in order to provide water services to these properties and reimburse Phoenix Land Company for the costs incurred. NOW, THEREFORE, BE IT ORDAINED by the Council of the Village of Dublin, State of Ohio 7 of the elected members concurring: Section 1. That the Acting Village Manager be and hereby is authorized to enter into the agreement attached hereto as Exhibit "A". Section 2. That this Ordinance take effect and be in force from and after the earliest period allowed by law. Passed this 6th day of July , 1987. Ma(@fkr Attest: ~c'?:LX(~ Sponsor: Acting Village Manager , hereby certify that copies of this Ordinance/RI!~n'''~;'''' were. posted .~ the Village of Dublin in accordallc~ ..,,11 Section 131.25 of the Ohio Revised Coce. /J ~. t{~ .~ \ AGREEMENT Entered into this 2.fl, day of $ L~ ' 1987 by and between the Village of Dublin, Ohio and the developer of th Woodlands Subdivision, namell The Phoenix Land Company, pursuant to Ordinance No. 73-87 passed on ~(ll 61 1 , 1987 for the purpose of setting forth the terms and conditions for constructing a waterline south from Summitview Road to Tonti Drive to service the Woodlands Subdivision and the reimbursement for costs thereto. WHEREAS, Dublin has received and accepted a proposal from the Phoenix Land Company for installation of a waterline south from Summitview Road to Tonti Drive; and WHEREAS, it has been determined that said installation will also service adjoining properties. NOW, THEREFORE, Dublin and The Phoenix Land Company in consideration of the foregoing and mutual promises contained herein agree as follows: 1. The Phoenix Land Company agrees to construct a waterline to service the Woodlands Subdivision and other adjoining properties pursuant to the plans on file with the Village Engineer. 2. The Phoenix Land Company agrees to certify the actual cost of construction of the waterline as soon as possible after completion of said waterline. 3. Upon verification of the costs as certified in No. 2 above and acceptance of the waterline by the Village Engineer, the Vi 11age of Dublin agrees to reimburse The Phoenix Land Company for said costs as funds are received from front foot assessments on Tonti Drive pursuant to Ordinance No. 57-84 from any property owner directly serviced by said waterline who will or may request water taps or extensions from said waterline for a period of 10 years commencing from the date of acceptance. 4. Said fees sha 11 be remitted to The Phoenix Land Company on a quarterly basis along with an itemized list of taps made. ~n Witness Whereof the parties have hereunto affixed their signatures this ~ day of ..::ru.ly , 1987. DEVELOPER OF WOODLAND SUBDIVISION THE PHOENIX LAND COMPANY VILLAGE OF DUBLIN, OHIO BY: BY: j ~n'c<; Nanette J. Prushi Acting Village Manager Approved as to Form: C ~L~.5 ' . , / ,~/ 7/ .-y:'. ,. .- Law Director Village of Dublin, Ohio