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49-2020 - TIF for Solove Development Detroit, Parkwood, Wyandotte
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49-2020 - TIF for Solove Development Detroit, Parkwood, Wyandotte
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1/26/2021 8:07:37 PM
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1/26/2021 8:02:03 PM
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Office Of Council
Document Type
Ordinances
Number
49-2020
Date Adopted
1/19/2021
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Project, which wages shall be determined in accordance with the requirements of that Chapter <br />4115. The Developer shall require compliance by all contractors, and shall require all contractors <br />to require all subcontractors working on the (reimbursable) aspects of the Project, to comply with <br />all applicable requirements of that Chapter 4115. Upon request, the Developer shall submit, in a <br />format reasonably acceptable to the City, a reconciliation of all wages paid to its employees, <br />affiliates, contractors, and subcontractors that performed work in the City with respect to the <br />Project. The Developer shall require its contractors and any downstream subcontractor to provide <br />the same upon request of the City to Developer. The availability of the Incentives hereunder to <br />the Developer is expressly contingent upon the satisfaction of the wage requirements with respect <br />to the Project. <br />XVII. INSURANCE <br />During construction and until completion of the improvements on that portion of the <br />Property being developed by it, Developer shall maintain insurance in such amounts and for such <br />events as may be required by its lender or required by the City's existing rules and regulations <br />applicable to all development and construction in the City, and as may be commonly maintained <br />in connection with a development of the size and nature of the Project. In addition, the Developer <br />shall maintain vibration damage insurance coverage in a policy reasonably satisfactory to the City <br />and shall provide a copy of such policy to the City no later than 3 0 days prior to the commencement <br />of any construction with respect to the Project. The Developer agrees, on behalf of itself and its <br />agents, subcontractors, and subconsultants that the insurance policies required herein (excluding <br />the professional liability insurance) shall require the insurer to name the City as an additional <br />insured, and to provide the City with 30 days' prior written notice before the cancellation of a <br />policy. All insurance shall be effected by valid enforceable policies issued by insurers authorized <br />to do business in the State of Ohio. <br />Upon request, the Developer shall provide all insurance certificates to the City. <br />XVIII. WARRANTY <br />The Developer warrants that all Infrastructure Improvements, if any, constructed by <br />Developer in connection with the Project will be in conformity with the Development Plans and <br />free from defects in workmanship, materials and equipment, commencing on the date of the City <br />Council's formal acceptance of the dedication of the Infrastructure Improvements for a period of <br />eight years. The guarantee provided in this Section shall be in addition to, and not in limitation <br />of, any other guarantee, warranty or remedy provided by law. <br />Should defects in the Infrastructure Improvements become apparent, the City Engineer <br />shall promptly notify the Developer and provide a copy of said notice to the Finance Director. <br />Within ten (10) days of receipt of said notice, the Developer shall visit the Development in the <br />company of the City Engineer to determine the extent of all defects and shall promptly repair or <br />replace the defective work, including all adjacent work damaged as a result of such defects or as a <br />result of remedying the defects, whether or not such adjacent work was originally provided by the <br />Developer. <br />15 <br />15785832v23 <br />
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