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3949 a. Any tree, not previously identified for removal, that is determined by the City Forester or 3950 other degreed forester or certified arborist as assigned by the Community Development 3951 Department to be destroyed or damaged as a result of development activity shall be replaced 3952 at the following rates: Category Replacement Rate Heritage Trees 2.5 Significant Trees 1.5 Common Trees 1.0 3953 b. Unauthorized tree removal which results in mandatory replacement shall require the applicant 3954 to prepare or update a final planting plan as required by Section 1011.04(G)(3)(c). 3955 Replacement plantings shall only occur once authorized by the City Forester or other degreed 3956 forester or certified arborist as assigned by the Community Development Department. 3957 L. Certification of Compliance with Approved Landscape Plan. Upon completion of construction 3958 activity and/or required landscaping, the Developer shall notify the City and request an inspection of 3959 the work. Following the inspection, the City shall notify the Developer that additional work is still 3960 required, or issue a letter finding that all plantings have been satisfactorily completed. The required 3961 warranty period for plantings shall begin on the date of the issued satisfactory completion letter. 3962 M. Warranty Requirement 3963 1. New Development Sites: The Developer shall provide a financial guarantee, in a form satisfactory 3964 to the City, prior to the approval or issuance of any permit for land alteration. 3965 a. The amount of the guarantee shall be 125% of the estimated cost to furnish and plant 3966 replacement trees. The estimated cost shall be provided by the Developer subject to approval 3967 by the City. The estimated cost shall be at least as much as the reasonable amount charged by 3968 nurseries for the furnishing and planting of replacement trees. The City reserves the right in 3969 its sole discretion to determine the estimated cost in the event the Developer's estimated cost 3970 is not approved. 3971 b. The security shall be maintained for at least 2 years after the date that the last replacement 3972 tree has been planted. Upon a showing by the Developer and such inspection as may be made 3973 by the City, that portion of the security may be released by the City equal to 125% of the 3974 estimated cost of the replacement trees which are alive and healthy at the end of such year. 3975 Any portion of the security not entitled to be released at the end of the year shall be 3976 maintained and shall secure the Developer's obligation to remove and replant replacement 3977 trees which are not alive or are unhealthy at the end of such year and to replant missing trees. 3978 Upon completion of the replanting of such trees the entire security may be released. 3979 2. Development or Redevelopment of Existing Lots: The developer shall provide a cash escrow in 3980 the amount of $500.00 to guarantee compliance with the requirements of this Ordinance. Said 3981 security shall be released upon compliance by the developer to the satisfaction of the City. 3982 Notwithstanding the foregoing, no portion of the security shall be released while there are Page 31 of 89