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<br />Subd. 2. <br /> <br />Subd.3. <br /> <br />Subd. 4. <br /> <br />Subd. 5. <br /> <br />Subd. 6. <br /> <br />F. Street Signs. The Developer shall supply all street signs for the <br />subdivision. <br /> <br /> <br />Warrantv. The Developer warranties all work required to be performed by <br />it against poor material and faulty workmanship for a period of two (2) <br />years after its completion and acceptance by the City. All trees, grass and <br />sod shall warranted to be live, of good quality and disease free for twelve <br />(12) months after planting. The Developer shall post maintenance bonds <br />or other security acceptable to the City to secure the warranties described <br />herein. <br /> <br /> <br />Estimated Cost of Developer Secured Improvements. The estimated <br />costs of Developer constructed improvements are as follows: <br /> <br />Improvement <br /> <br />Estimated Cost <br /> <br />Site Grading/Turf Restoration <br />Landscaping <br />Storm Sewer <br />Street Improvements <br />Sanitary Sewer lWatermain <br />Street Signs <br />Subtotal <br /> <br />$74,000 <br />$10,500 <br />$55,040 <br />$89,550 <br />$70,245 <br />$500 <br />$299,835 <br /> <br />Total Security Required (125% of Improvements): $374,793.75 <br /> <br />Improvement Securitv. The form of security shall be submitted prior to <br />the execution of the plat by the City of Arden Hills and shall be approved <br />by the City Attorney. <br /> <br />Reduction of Security. Upon completion of required improvements for the <br />Hazelnut Park 3rd Addition and acceptance by the City, the City Council <br />shall reduce the amount of security for the completed improvements <br />provided that in no case shall the total remaining security be equal to less <br />than 125% ofthe estimated costs of the incomplete improvements. <br /> <br />Inspection. The Developer shall provide the services of a Residential <br />Project Representative and assistants at the site to provide more <br />continuous observation ofthe Contractor's work. <br /> <br />The Developer shall provide the City Engineer a minimlUll of twenty-four <br />(24) hours notice prior to the commencement of the underground pipe <br />laying and service connection; and prior to sub grade, gravel base and <br />bituminous surface construction. Developer's failure to comply with the <br />terms of this section shall permit the City Engineer to issue a stop work <br /> <br />3 <br />