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HomeMy WebLinkAboutPINNACLE PROPERTIES INC PINNACLE PLACE PHASE 6 SECTION IV ..' SHEPARD, PLUNKi ' HAMILTON & BOUOFH ,c' I ~ 429 WALKER STREF' . V -'.: AUGII~TA r..^ ?f1l"1 STATE OF GEORGIA " RICHMOND COUNTY ) ) ) 00011. U IL.l 0:1 00.:l Augusta - t<lcnmonCl Lounty 200902434206/01/200910:58:24.02 $0.00 AGREEMENT 1111111111111111I111I111111111111111111111111I11111111111111 2009024342 Augusta - Richmond County (Roads & Storm Drainage) - MAINTENANCE AGREEMENT .. ~ c' '. d )..D07 THIS AGREEMENT, entered into this 3 r day of F~~QrY ,2007 by and between Pinnacle Properties, Inc., hereinafter referred to as "Developer", and Augusta, Georgia, a political subdivision of the State of Georgia, acting by and through its Commission, hereinafter referred to as "Augusta"; WHEREAS, the Developer requests that the Augusta, Georgia Commission accept certain roads, storm drains, and appurtenances in Pinnacle Place, Phase 6, Section IV, as shown on a plat prepared by James G. Swift & Associates, dated May 18, 2007 and which pl~t is recorded in the Office of the Clerk of the Superior Court of Richmond County, Georgia in Deed~ '%. tl/J, Page ~ I.m WHEREAS, Augusta, Georgia has adopted a policy requiring the Developer to maintain all installations laid or installed in the subdivision for a period of eighteen months, which Augusta accepts by deed; NOW THEREFORE, in consideration of the premises, the expense previously incurred by Developer and the mutual agreements hereinafter set out, IT IS AGREED THAT: (1) Augusta accepts the roads, storm drains, and appurtenances, respectfully described in the "Deed of Dedication" contemporaneously tendered herewith to Augusta, Georgia Commission, which deed is recorded in the Office of the Clerk of Superior Court of Richmond County, Georgia, in Realty Reel ~/R, Page /'f1{j. . (2) The Developer agrees to maintain all the installations laid or installed in said subdivision as described in said deed for a period of eighteen months from the date herein. (3) The Developer agrees that if during said eighteen month period there is a failure of the installations laid or installed in said subdivision described in the deed due to failure of material or poor workmanship, the Developer shall be responsible for adequate maintenance and repair. (4) In the event of such failure of the improvements, Augusta shall notify the Developer and set forth in writing the items in need of repair. The Developer should present within fifteen business days its proposed plan of repair and shall have the repairs completed at a reasonable time. ~1~ .. . Book 01218:1584 Augusta-Richmond County 200902434206/01/2009 10:58:24.02 loa (5) In the event of an emergency, as determined by Augusta, and the Developer is unable to 1espond in a timely manner, Augusta shall be authorized to erect barricades, traffic direction devices ~and such other temporary measures as are necessary to remedy the emergency nature of the problem and to allow the Developer time to make the needed repairs. (6) In the event the Developer fails to comply with the terms of this agreement, then Augusta shall proceed to have the necessary corrective work done, and the Developer agrees to be responsible to Augusta for payment in full of the costs of repairing the improvements due to failure of material or poor workmanship as liquidated damages. IN WITNESS WHEREOF, Developer has hereunto set its hand and seal and Augusta has caused the execution of the agreement by and through its duly authorized officers and agents, with its seal affixed, the day and year first above written~ Pinnacl Properties, Inc. (L.S.) as itS:,#.vn ~. Augusta, Georgia Commission by: Cj?~* as the M r (L.S) ~ ~2~ Filed in this office: Augusta-Richmond County 06/01/200910:58:24.02 ELAINE-C~JbHNs6N Clerk of Superior Court "