Section 107-173; Ord. 18945; Approving the Final Plat of First Tier Plat 1, a major subdivision; authorizing a performance contract


Ordinance No. 18945                            Council Bill No. B 89-06

     AN ORDINANCE

approving the Final Plat of First Tier Plat 1, a major subdivision; accepting the dedication of rightsofway and easements; authorizing a performance contract; and fixing the time when this ordinance shall become effective.

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBIA, MISSOURI, AS FOLLOWS:

    SECTION 1.    The City Council hereby approves the Final Plat of First Tier Plat 1, dated February 24, 2006, a major subdivision located on the east side of Monterey Drive, north of Nifong Boulevard, containing approximately 3.28 acres in the City of Columbia, Boone County, Missouri, and hereby authorizes and directs the Mayor and City Clerk to sign the plat evidencing such approval.

    SECTION 2.    The City Council hereby accepts the dedication of all rightsofway and easements as dedicated upon the plat.

    SECTION 3.    The City Manager is hereby authorized to execute a performance contract with Fortis Commercial Investments, LLC in connection with the approval of the Final Plat of First Tier Plat 1.  The form and content of the contract shall be substantially as set forth in "Exhibit A" attached hereto and made a part hereof as fully as if set forth herein verbatim.

    SECTION 4.    This ordinance shall be in full force and effect from and after its passage.

    PASSED this 20th day of March, 2006.