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Parkview Addition DRAFT COPY <br /> Development Agreement May 22, 1998 <br /> d. Street sweeping <br /> 6 times @ $600 /each sweeping $3,600.00 <br /> e. Signage and barricades <br /> 1 each @ $300 /each $300.00 <br /> f. Flushing of storm sewers, once per year until all lots <br /> are built on $5,000.00 <br /> g. Street lights <br /> Approximately 6 lights @ $500 /light $3,000.00 <br /> h. Shade trees (1 per lot or 2 per corner lot) <br /> $300 /each (47 trees) $14,100.00 <br /> i. Snowplow service of streets <br /> 25 times @ $250 /each plowing $6,250.00 <br /> j. City administration for review and compliance of <br /> above 80 hours @ $30 /hour $2,400.00 <br /> Total Estimated Cost $38,400.00 <br /> Developer Retainage (150 %) $57,600.00 <br /> All of the above items under Section 1 with the exception of the trees and sod on <br /> unbuilt lots shall be completed and /or provided to the City by November 30, 1998. <br /> The Developer agrees to provide to the City a cash deposit of $10,000.00 for the <br /> purpose of a sod escrow. If the money is used to sod properties in violation of the <br /> City Ordinance, the City receives the right to withhold building permits on the project <br /> until the $10,000.00 total deposit is restored. <br /> 2. The Developer shall undertake or arrange to accomplish the following: <br /> a. Coordinate with the utility companies to provide for gas main, telephone lines, <br /> cable lines, and power lines to service the properties developed on the final <br /> plat according to the City's joint trench policy. <br /> b. Provide seeding and vegetation maintenance and erosion control over bare or <br /> graded areas and mitigation area, at the City's direction. <br /> C. Provide street name signs and stop signs for installation by City staff. <br /> d. Establish lot corner monumentation within 60 days of grading completion or by <br /> September 1998, after filing the final plat, whichever is sooner. <br /> e. Provide such street maintenance and control of builder's actions to maintain <br /> roadways clear of mud, soil, and debris to provide safe driving surfaces. The <br /> Developer shall provide street sweeping within 24 hours of the City's request <br /> for such services. <br /> \WNWM VOL I\DATATROJU60089m \089 -1405. may. DevAgree. doe Page 2 <br />