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<br />depreciation rate of 5 percent per year from the date of installation of the Arden Plaza sidewalk <br />improvements. <br />L. Arden Plaza shall convey temporary construction easements over Lots 2 and 3 to <br />the City for implementing the County Road E streetscape improvements. The City shall reasonably <br />restore the area of the temporary construction easement to its condition prior to construction of the <br />streetscape improvements. <br />3. FINAL PLAT. <br />A. Arden Plaza shall submit an agreement for shared management and maintenance of <br />the parking areas, landscaping features, stormwater facilities, and common areas. The agreement shall be <br />subject to City Attorney approval prior to the issuance of any building permits. <br />4. DEVELOPMENT CONTRACT-PHASE I. <br /> <br />A. The City currently holds $15,839.25 in escrow for remaining landscaping <br />improvements on Lot 1. The City will maintain the escrow until a final landscape inspection has been <br />completed in August 2014. <br /> <br />B.Wall signage for the building located on Lot 1 shall consist of no more than 156.4 <br />square feet. Of this total, 48.8 square feet was approved specifically for the north building wall and 8.6 <br />square feet for the west building wall (PC #13-010). There are no restrictions on the distribution of the <br />remaining 99 square feet of wall signage permitted for the building. <br /> <br />1.Wall signage shall be comprised of channel letter signs and shall not extend <br />more than twelve (12) inches from the wall they are attached to. <br />10 <br /> <br />