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The PERMITTEE shall be responsible for completing the rough grading of the Plat and <br />providing lot corner stakes prior to the installation of underground utilities as set forth above. <br />Stage I Improvement Financial Guarantee. Since the PERMITTEE is a CITY authority, the <br />PERMITTEE shall not be required to provide a financial guarantee to the CITY guaranteeing <br />the construction of the Stage I Improvements and their timely completion. <br />4. Inspection Fees. Since the PERMITTEE is a CITY authority, the PERMITTEE shall not <br />be required to provide an escrow to the CITY for the purpose of compensating for inspection <br />services. <br />5. Installation. Not applicable. <br />6. Time of Performance. Not applicable. <br />7. Ownership of Improvements. Not applicable. <br />8. License. Not applicable. <br />9. Stage II Improvements. The Stage II Improvements which the CITY requires are as follows: <br />a. Monuments <br />b. Boulevard streetlights consistent with the COR master lighting and City policy (3 <br />yearsO&M) <br />("Stage II Improvements") <br />10. Stage II Improvements to Outlot. The Stage II Improvements will be completed when the <br />status of Outlot A is changed by the filing of a separate plat for Outlot A. <br />11. Clean Up. The PERMITTEE shall promptly clear from public streets and property any soil, <br />earth, or debris resulting from the construction work on its respective lots. <br />12. Payment for Stage II Improvements. No additional payment to ensure construction of Stage <br />II Improvements shall be required for the Plat. <br />Stage II Improvements shall be installed in accordance with the Plans and in accordance with <br />CITY standards, CITY Code, and those plans and specifications which have been prepared <br />by a registered professional engineer presented to the CITY by THE PERMITTEE have <br />been approved by the CITY Engineer. <br />13. Street Cleaning, After the street surfacing is installed, the PERMITTEE shall clear any soil, <br />earth, or debris from the streets resulting from any construction within the Plat by each of <br />them. From time to time, the CITY may remove accumulations of soil, earth, and debris <br />from the streets resulting from the construction of the plat. It shall be the PERMITTEE's <br />responsibility to pay the costs associated with this necessary street cleaning. Invoices from <br />the CITY to the PERMITTEE for such costs shall be paid within fifteen (15) days of the <br />date of the invoice. <br />