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Draft 10109106 <br />D. Streets <br />E. Concrete Curb and Gutter <br />F. Boulevard Sod <br />G. Street Signs <br />H. Setting of Lot and Block Monuments <br />I. Surveying and staking of work required to be performed by the DEVELOPER <br />J. Gas, Electric, Telephone Lines, and Cable Lines <br />The improvements shall be installed in accordance with City standards, ordinances, and the <br />plans and specifications which have been prepared by a competent registered professional <br />engineer furnished to the CITY and approved by the City Engineer. The DEVELOPER shall <br />obtain all necessary permits from the Minnesota Pollution Control Agency (MPCA), <br />Minnesota Department of Health (MDOH), and other agencies before proceeding with <br />construction. The DEVELOPER shall provide field inspection to ensure an acceptable level <br />of quality control to the extent that the DEVELOPER's engineer will be able to certify that <br />the construction work meets the approved city standards as a condition of CITY acceptance. <br />The DEVELOPER or his engineer shall schedule a preconstruction meeting at a mutually <br />agreeable time at City Hall with all the parties concerned, including City staff, to review the <br />program for the construction work. Within thirty (30) days after the completion of the <br />improvements and before the security is released, the DEVELOPER shall supply the CITY <br />with a complete set of reproducible "Recox�. Plan" drawings. In addition to reproducible <br />hard copies, these "reeord plans" shall be provided as a compatible AutoCAD digital file. <br />7. Securi�v. To guarantee compliance with the terms of this Agreement, payment of the costs of all <br />public improvements and construction of all public improvements, the DEVELOPER shall <br />furnish an irrevocable letter of credit for $140,700 in a form to be approved by the CITY. The <br />amount of the letter of credit is 125% of the engineer's estimated cost to construct the following <br />improvements: <br />Sanitary Sewer <br />Sanitary Sewer Services <br />Water Main <br />Water Services <br />Storm sewer <br />Street construction <br />Street signs <br />Survey monuments, erosion control; <br />landscape and restoration <br />8. Time of Performance. The DEVELOPER shall install all required improvements enumerated <br />in Paragraph 7 which will serve the plat by June 30, 2007. Wear course of asphalt and all <br />landscape and restoration shall be installed by October 31, 2007. The DEVELOPER may, <br />however, forward a request for an extension of time to the CITY. If an extension is granted, it <br />shall be conditioned upon updating the security posted by the DEVELOPER to reflect cost <br />increases and the extended completion date. <br />Page 3 of 9 <br />