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This document outlines the agreement between the Village of Downers Grove, the Owner, Joel Anderson, and the Developer, Joel Anderson Homes, Ltd. regarding the subdivision and improvement of a specific
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How to fill out subdivision improvement agreement
How to fill out Subdivision Improvement Agreement
01
Begin by obtaining a copy of the Subdivision Improvement Agreement form from your local planning or zoning department.
02
Fill in the property owner's name and contact information in the designated fields.
03
Provide the details of the subdivision, including its location, lot numbers, and relevant legal descriptions.
04
Outline the specific improvements that are to be made, such as roads, utilities, and landscaping.
05
Include timelines for the completion of improvements, as well as any phases that may be involved.
06
Specify the financial arrangements, including costs and payment schedules for the improvements.
07
Ensure that all parties involved in the agreement sign and date the document.
08
Submit the completed agreement to the relevant local authorities for approval.
Who needs Subdivision Improvement Agreement?
01
Developers who are planning to subdivide land.
02
Property owners looking to improve their subdivisions.
03
Local governments requiring commitments for infrastructure improvements.
04
Investors involved in real estate development.
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What is Subdivision Improvement Agreement?
A Subdivision Improvement Agreement is a legally binding contract between a developer and a local government that outlines the responsibilities of the developer to complete certain improvements in a subdivision, such as roads, utilities, and public services, as part of the development process.
Who is required to file Subdivision Improvement Agreement?
Developers or property owners who are looking to subdivide land and develop residential or commercial projects are typically required to file a Subdivision Improvement Agreement with the local government.
How to fill out Subdivision Improvement Agreement?
To fill out a Subdivision Improvement Agreement, a developer must provide detailed information about the subdivision plan, including the scope of improvements, estimated timelines, financial guarantees, and any required permits or approvals from local authorities.
What is the purpose of Subdivision Improvement Agreement?
The purpose of a Subdivision Improvement Agreement is to ensure that necessary public improvements are completed in a timely manner to support the new development and to protect the interests of both the developer and the community.
What information must be reported on Subdivision Improvement Agreement?
The information required on a Subdivision Improvement Agreement often includes the developer's contact information, details of the proposed improvements, project timelines, cost estimates, and any applicable bonding or financial assurances.
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