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a. Streets <br />b. Concrete curb and gutter <br />c. Street traffic control devices <br />d. Lot grading <br />e. Sidewalks <br />f. Boulevard sodding <br />g. Trunk and lateral sanitary sewer <br />h. Trunk and lateral water main <br />i. Storm drainage facilities <br />j. Trail development <br />k. Electricity (within one-fourth mile) <br />1. Phone (within one-fourth mile) <br />m. Natural gas (within one-fourth mile) <br />n. Water shut off boxes <br />(the "Stage I Improvements"). <br />The PERMITTEE agrees to construct the Stage I Improvements according to the <br />terms and conditions of this Agreement and in accordance with the Plans and the <br />City Code. Per City Code Section 117-615, the PER1VIITTEE shall provide the <br />CITY with a set of re -producible as -built plans in Computer Aided Drafting (CAD) <br />format upon completion of the Stage I Improvements and acceptance by the CITY. <br />As as -built plans are a required Stage I Improvement item per City Code Section <br />117-615, the CITY will not release the required Stage I Improvement Financial <br />Guarantee noted in paragraph #6 below. Additionally, the PERMITTEE agrees to <br />provide to the CITY the plans in CAD format prior to the commencement of <br />construction of the Stage I Improvements. <br />4. Additional Requirements Related to Certain Staae I Improvements. This <br />paragraph intentionally deleted. <br />Lot Corner Staking. The PERMITTEE must install lot corner stakes at all lot <br />corners. <br />6. Stage I Improvement Financial Guarantee. The PERMITTEE shall provide a <br />financial guarantee to the CITY guaranteeing the construction of the Stage I <br />Improvements and their timely completion. The PER1VIITTEE shall be <br />responsible for a financial guarantee in the amount of Six Hundred Fifty Three <br />Thousand Eight Hundred Sixty Six Dollars and No Cents ($653,866.00), which <br />amount is 125% of the CITY Engineer's estimated cost of the Stage I <br />Improvements. Upon completion of Stage I Improvements (including the removal <br />of "temporary" erosion control measures as identified in the approved Grading <br />Plan), acceptance by the CITY, supported by appropriate lien waivers, The <br />PERMITTEE may request a reduction in the amount of the financial guarantee. <br />7. Inspection Fees for the Stage I Improvements. The PERMITTEE shall provide an <br />inspection fee to the CITY to inspect the Stage I Improvements. The <br />