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Council grants a waiver to delay signalization. In the event such waiver is granted, the owner or subdivider shall deposit with the City a sum of money equivalent to the Engineer's estimated cost of the signalization. Easement Acquisition. Prior to the time of construction, the owner or subdivider shall obtain all easements required for the project. At the time the project is complete and turned over to the City, all easements shall be deeded to the City. Lot Grading. All lots shall be graded in accordance with the final grading plan. In addition, erosion control measures shall be followed to eliminate erosion. Upon completion of the grading, topsoil shall be restored and temporary vegetation established. Park and Trail Development. The Park and Recreation commission shall establish a park and trail development plan prior to recording of the plat and entering into the development agreement. The City Engineer shall provide a feasibility study for completion of this park and trail development estimating the cost of said development. This development shall then be completed as a Stage I Improvement. 10. Street Lights. After consultation with Anoka Electric Cooperative or other provider of electrical services, the City Engineer shall place within the development agreement, a street light construction plan which will then be constructed as a Stage I Improvement, the cost of purchase, installation and three year's operation and maintenance thereof being included within the development agreement as a Stage I Improvement. Stage II Improvements. Street Striping And Signing. Upon completion of the street, the owner or developer shall install all street signs and traffic signs as required by the City Engineer. Street striping shall be completed on all major thoroughfares, commercial and industrial streets as required by the City Engineer. Striping shall be completed after sealcoating is done. Street Sweeping. Following the completion of all construction, the developer or subdivider shall sweep the streets. Sidewalk. In areas as required by the City Council, the developer or subdivider shall install sidewalk in accordance with plans and specifications approved by the City Engineer. Seaicoating. Within two years after the construction of the streets, the developer or subdivider shall sealcoat the streets in accordance with City specifications. The time schedule on sealcoating may be extended by the City if less than 50% of the lots within the Subdivision have been developed.