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City of Edii�a - City Code expense and under the supervision and inspection of the Engineer, and shall obligate the appiicant to pay to the City a fee in compensation for such services in an amount equal to 6.5 percent of the tot�l construction cost of all such improvements within 30 days after receipt of a statement, (b) as to improvements petitioned for by the appiicant to be installed by the City, which City installations shall be done only in plats then situated within the Sing9e Dweilino Unit District, the Double Dwellina lJnit District and the planned Residence District, as determined by Section 850 of this Code, shall abltgate khti City k Y�rovide engineer�ng seivite5 r�{� C0�15[FUCC : hr ii i iNr ��rei :-�_Li ei �ti __-Jiy� �L i� ie applicant to pay to the City the cost of such S�rviGeS ar�d GonStruGtion �'�,rc�..�l� payment of special assessments, which shall be payable in not more t kM 1 a�+r�ual I�stal'rr+e�+ts, �n� ;cj at `� r Y,I petitianed for � r J�,ry appl�e�7t F� be installed and assessed in accordance with the regular policies of the City, shall provide for installation, if ordered by the Council, and assessment in accordance with the then policies of the City; provided, however, that the City shall not be obli�ated to enter into such a�reement [�j If tl7e i�rrrprovements , eqU;red b�� th� �I �nn�r � �ngFnt�r �r ��f ,�ic,^ reS4�ltU4n �+r� n�k ��Fo[�k�� �r13�r�g the methods at I,a), (b) and (c} above in a m�r�t�er satisfactory to the Enc�ineer, z�r (ri} iF If�: sllc as to the improvements at (a} �r,� ��g} above does not give one or more of a bond, cash in escrow or an irrevocable letter of credit, all as mav be reouired bv the Planner or Enoineer. or i iit� as to .sr�y ?mprav+:•n�n}s, if Fhe �4u11�� f � � I: �]. the Ccty r. 5t i� [ my � � t� I]�3X itS �oSE� t,l Ca1,1,5y,tFUCE'F41i L y? s6c�7 A� LL'�I IL'I Iti 3f11� $G� 1�'f:l fJ'�21:« ri:�i �EG}�bi �.i7� Ci� C�ty's cred+t tdtu�G. �h4� �Lq��m�rr� ��li �150 pr��isl�: as to improvements at (b) above, that if the applicant transfers any lot or parcel in the platted or subdivided area while special assessments then levied or to be levied for the improvements made pursuant to said Agreement remain unpaid, they will be paid or prepaid in full as to such transferred lot or parcel, to the City Treasurer or the County Treasurer, at the time of such transfer. Subd. 2 Security for Improvements. A. Any bond required by the City shall be given by the applicant with a corporate surety authorized to do business in Minnesota and approved by the City and, as to improvements referred to at (a) of Subd. 'I of this Subsection, shall be a performance and payment bond i n at least the full amount of all contracts for the installation of such improvements, and as to Improvements referred to at (b} of Subd. 'I of this Subsection, shall be i n the full amount of ail costs of making the improvements specified in the Agreement not paid in cash by the applicant before or at the time of entering into the Agreement and shall be given for the securing to the City of the payment of the special assessments. 9_ Any cash deposit required by the City shall Page 17 of 20 I dt��:r:� ��.� i. u�ii�.�t�y5.��'�.ii�r �.�d�+l . � •� I _��t��:�d��s��#� 1 �.h�m ] ] �T�1�0�1�