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8 <br /> <br /> Section 4.4. Storm Water Infrastructure. The Developer shall construct and dedicate all <br />storm water infrastructure as set forth in the approved Construction Plansrequired by the City. The <br />Developer shall be responsible for storm sewer cleaning and maintenance as reasonably required by <br />the City, until a certificate of completion as set forth in Section 3.4 has been issued prior to completion <br />of the development. The Developer grants the City the right to enter upon the property to perform all <br />functions required under this Agreement and City Codes. Performance shall be guaranteed by the <br />Performance Guarantee set forth under this Agreement. <br /> <br /> Section 4.5. Approvals and Permits. The Developer shall be responsible for securing all <br />necessary approvals and permits from all appropriate Federal, State, Regional and Local jurisdictions <br />prior to the commencement of site grading and prior to the construction of the Required <br />Improvements. <br /> <br /> Section 4.6. Utilities. The Developer shall arrange for all gas, telephone, cable television <br />(if available) and electric utilities to be installed to serve the development. <br /> <br /> Section 4.7. Private Easement. Developer shall prepare and record a private access <br />agreement allowing 3700 Hwy 61 access to Hwy 61 as required by City of Gem Lake resolution no. <br />2024-0019 approving a minor subdivision. The City retains the right to approve the terms and <br />conditions of the private access agreement prior to its execution and recording. <br /> <br /> Section 4.8. City Engineer. The City shall provide a licensed professional engineer, or <br />their duly authorized representative to oversee, at the Developer’s expense, the Required <br />Improvements (which shall not include the building to be constructed on Parcel A) identified in this <br />Agreement until such Required Improvements are completed and accepted by the City. The City shall <br />conduct an inspection within forty-eight (48) hours of notice or request by the Developer. The forty- <br />eight (48) hour notice shall exclude weekends and holidays. <br /> <br /> Section 4.9. Fence Plan. Developer may construct the proposed fence, shown on the site <br />plan included in the Construction Plans, with said fencing meeting the requirements of Section <br />16.13 of the City Zoning Ordinance. <br /> <br /> Section 4.10 Estimated Cost. A description of the Public Infrastructure Improvements is <br />set forth and described on Attachment B, attached hereto. The estimated cost of the Public <br />Infrastructure Improvements is as set forth on Attachment B, attached hereto. <br /> <br />Section 4.10. Finance. <br /> <br />(a) As financial security, Developer shall furnish the City with a Letter of <br />Credit or other security in a City approved format in an amount equal to One Hundred <br />Twenty-Five Percent (125%) of the cost of the Public Infrastructure Improvements <br />contract amount, as set forth on Attachment B, attached hereto. The Developer’s financial <br />security shall be used to guarantee Developer’s completion of all of the Public <br />Infrastructure Improvements. If Developer fails to complete the Public Infrastructure <br />Improvements in accordance with the Construction Plans and the terms of this Agreement, <br />said surety shall be immediately available for City’s use to complete part or all of the Public