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for underground utilities is two years from the date of acceptance by the City. If all <br /> Improvements are installed by one contractor, the warranty period shall commence after the final <br /> wear course has been completed and the City has accepted the streets, unless installation of the <br /> wear course has been delayed by the City, in which case the two-year period shall commence on <br /> the later of November 1, 2020, or the requested extension date requested by Developer pursuant <br /> to Section 9 herein. If streets and underground utilities are installed by separate contractors, the <br /> two (2) year warranty period on underground utilities shall commence following their <br /> completion and acceptance by the City. The Developer or his contractor shall post security in <br /> the amount of thirty-five percent (35%) of final construction costs to secure the warranties. The <br /> Developer or his contractor may use the existing Letter of Credit or a maintenance bond to <br /> satisfy this condition. The City standard specifications for utilities and street construction <br /> identify the procedures for final acceptance of streets and utilities. <br /> D. The Developer shall submit the Final Plat, construction plans and"as constructed" <br /> plans in electronic format. The electronic format shall be either AutoCAD, .DWG file or a .DXF <br /> file using Anoka County coordinates. The Developer shall also submit two (2) complete sets of <br /> the final plat and construction plans on paper (22 x 34 or 24 x 36). The Developer is responsible <br /> for supplying the county with appropriately formatted plat documents per their requirements. <br /> 23. DEVELOPER'S DEFAULT. In the event of default by the Developer as to any <br /> of the work to be performed by it hereunder, the City may, at its option, perform the work and <br /> the Developer shall promptly reimburse the City for any expense incurred by the City, provided <br /> the Developer, except in an emergency as reasonably determined by the City, is first given notice <br /> of the work in default, not less than 48 hours in advance. This Agreement is a license for the <br /> City to act, and it shall not be necessary for the City to seek a Court order for permission to enter <br /> VERSION FOR COUNCIL 05/22/2019 Page 15 <br />