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I <br /> I <br /> I <br /> I <br /> I <br /> I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />I <br />I <br />t <br />I <br /> <br />facilities, watermains and appurtenances, and streets with concrete curb and gutter, which <br />improvements are termed Stage I Improvements in the City Code ("Stage I Improvements"); and <br /> <br /> WHEREAS, pursuant to said petition, the CITY ordered preparation of a feasibility <br />report prepared by its City Engineer relating to the proposed Stage I Improvements; and <br /> <br /> WHEREAS, the CITY will conduct an Improvement Public Hearing on the Stage I <br />Improvements prior to ordering the Improvements; and <br /> <br /> WHEREAS, no expenditure of CITY funds, including the ordering of plans and <br />specifications, will be made until the City Code escrow requirements have been completed by <br />DEVELOPER; and <br /> <br /> WHEREAS, City Code Section 9.50.50 defines "Stage I" Improvements and "Stage II" <br />Improvements which respective definitions are used herein when reference is made to "Stage I" <br />and "Stage 11" Improvements. <br /> <br />NOW, THEREFORE, the CITY and DEVELOPER agree as follows: <br /> I. <br /> STAGE I IMPROVEMENTS AND FINANCIAL GUARANTEES: <br /> <br />City To Order Improvements. The CITY will order the improvements to be <br />constructed and direct the City Engineer to prepare plans and specifications and advertise <br />for bids and will award a contract for the construction of the Stage I Improvements to the <br />lowest responsible bidder. <br /> <br />Incorporation of Ail City Code Requirements. That the recitals above and the <br />provisions of the City Charter, Subdivision Code, Zoning Code and Public Improvement <br />Code of the CITY, as amended to date hereof, are incorporated herein by reference. <br /> <br />Imvrovements to be Constructed by City. The CITY agrees, to construct the <br />requested Stage I Improvements as petitioned for by the DEVELOPER, together with <br />those Stage II Improvements which are described in Paragraph I3 herein, according to the <br />terms and conditions of this Agreement. The Stage I Improvements to be constructed are <br />as follows: streets, municipal water, sanitary sewer trunk and laterals, storm sewer <br />system, and trails. Street lights shall be caused to be installed by the CITY and shall be <br /> <br /> <br />