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Eagle Pass Development Agreement to the addresses hereinbtftxe set fonh on Page 1 by certified mall (rerum receipt reque~tt:J). Such notice or demand shall be deemed timely given when delivered personally or when d.eposited in tile mail in accorda.nce with the above. The addresses of the parties hereto are 80$ set forth on Page 1 until changed by notice given as above. 3. Final Plat Anproved. The City agrees to give final approval to the plat of [he Subdivision upon ex.ecution and delivery oJ this Agreement and of all required petitions, bonds~ fees, and securities indicated i.n Exllibir B. 4. Incorporation by RefereDge. All pla11s, special provisions. proposals, specifications, and contracts for the improvements furnished and let pursuant to this Agreement shall be and hereby afe made a Dart of this a~m;ement b)i reference as fullv as if set out " .I.: '-- J herein in full. - L. VIOLATION OF AGREEl!:fENT In the event L1ar Developer violates any of the covenants and agreements contained in tIlis Developmeut Contract and to be performed by the Dev.eioper, the City, at i!s option, in addition to the rights a....'1d remedies as set om hereunder may refuse to issue buildili.g permits to any properlY within the plat until such time as such default has been corrected to th~ satisfaction of the City. M. PARK DEDICAJ'ION The Developer agrees to provide park dedication to the City in the form of land, equipment, and irnpro,err.ents at a value of $112.9RO, or 10% of L~e pla[ land value prior ro development. N. STORl\-nV A TER FEES The- SWmiwal.er fe;,; ~hall be paid by the Developer prior to approval oft11,,; final plat. This fee is $44,244.85, based on a charge of $0.01546 per square foot of 65.7 acres of plaued area. O. LIABILITY INSITRANf'E REOUIRE:ME~I. The Developer shal! provide to the City. at w.1e Developer's expense, gene1'31 public liability and property damage insurance including vehicle coverage protecting ilie City and the Developer from all claims for personal injury, including death, and all cla.l.1TiS f()l' construction of or damage [() property, arising out of or in con.i1ection with any opera~ions under rhese c(mtract documents, \vhether such operations be by the Deveiop<:r, its ContraCtor, or by any subcontraci.Or, Of anyone directly or indirectly employed by the Contractor or by a subcontractor under him. Insurance shall be written \virh a limit of liability of not less tItan $600,000 for all damages arising om of bodily injury inciuding death, at any rime resulting therdrom, sustained by anyone person in a.ny one ~tccidem; and a limit of liability of not less than $1,000,000 for any such damage stlstained by ('>'ie. or more persons i!1 anv ODe accident. Insurance shall be written with a - . limit of !iabiliry of D,)t ltss than $300,000 for all property damage sustained by one person in anyone accident, and a limit of liabiilty of not less than $600,000 for any such damage sustained by two or more persons in any ont accidenL The insurance policies shall accompany the contract for its execmic.TI by the Developer and the City of Centerville. The above insurance p,..)licies ~h3.11 be in full force and effcc[ during u'1e life of this contract.