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D. The Developer shall post a $2,500.00 security for the re -setting of any iron <br />monuments that may be disturbed during the site grading and utility construction. <br />E. The Developer shall pay the cost for the preparation of record construction <br />drawings and City base map upgrading by the City Engineer as part of the Administrative / <br />Engineering Fee. <br />F. The Developer must obtain a sign permit from the City prior to installation <br />of any signs for the development. <br />G. Prior to the issuance of a land disturbance permit, the Developer shall <br />submit an operation and maintenance plan for the long-term care of all on -site stormwater, and <br />sanitary sewer facilities to the City for review and approval. <br />24. SUMMARY OF CASH REQUIREMENTS. The following is a summary of the <br />cash requirements under this Agreement which must be furnished to the City prior to issuance of <br />any development permits and execution of this Agreement by the City: <br />Engineering, City Administration <br />City Engineering escrow $10,000.00 <br />Lot Corner/Iron Monuments $2,500.00 <br />Total Cash Requirements $12,500.00 <br />The City is implementing a pass through billing process. The $12,500.00 escrow will be held and <br />all bills will be forwarded for immediate payment. If payments are not made in a timely fashion, <br />the project will stop until payments are made. If said fees are less than estimated, the City shall <br />reimburse the Developer within thirty (30) days of receipt of final invoices. <br />10 <br />