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Section 6,2. O Maintained Ini rov rents. Upon the City.s written final acceptance of the City maintained. -improvements lying within the public easements or right-of-way, to occur upon acceptance of such improvements, a two-year warranty bond shall be provided to the City by the Developer based on 251/6 of the final constriction costs for Developer's Improvements. identified in Part B of Article IV finless otherwise directed by the City Engineer. ARTICLE VII Recording And Release The Developer agrees that the terms of this Agreement shall be a covenant on any and all _property included in the Subdivision. The Developer agrees that the City shall have the right to record a copy ofi this Agreement with the Ramsey County Recorder to give notice to future purchasers and owners: This shall be recorded against the Property and Subdivision. described on Page I. hereof. ARTICLE VIII Reimbursement Of Costs The Developer agrees to fully reimburse the City for all costs incurred by the City in connection with this Agreement including, but not limited to, the: actual costs of preparation of the. plans and specifications for said improvements, engineering fees,. legal fees, inspection fees, interest costs, costs of acquisition of necessary easements, if any, and :any other costs incurred by the City relating to this Agreement and the. installation of the aforementioned improvements: Furthermore,. the Developer agrees to deposit with the City such sums reasonably.required by the. City and relating to the costs.described.in the preceding paragraph, The amounts of such deposits :shall be as shown in the. City Feb Schedule as adopted by City Code. Said amount shall bear no interest. and.the City shall have the right to pay all fees and expenses and costs which are. the obligations of the.Developer under this Agreement from the aforementioned escrow deposit. Any monies remaining. after the payment of said fees and costs shall be returned to the Developer. Any disputes regarding said fees shall be resolved in accordance with Minnesota Statutes §§ 462,353 and.462:361. All reimbursements from. the City to Developer as set forth in this Agreement shall be made administratively, when possible; so that Developer will. not be.required to seek further City Council. approval for such reimbursements, ARTICLE IX Buildinz Permits And Certificates Of Occupancy No Certificate of Occupancy permit shall he issued for any housein the plat until the.following have. been completed: A. An .as -built plan of the development and a letter .from the .Developer's engineer certifying the plat has been graded according to the ggrading, drainage and erosion 16