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o <br /> <br />during construction. The DEVELOPERS shall also be responsible, at its expense, for <br />installation of gas, telephone, and electric utility improvements, with the exception of street <br />lights. The DEVELOPERS shall be responsible for completing the rough grading and <br />providing lot comer stakes prior to the installation of underground utilities. <br /> <br />Boulevard and Area Restoration. The DEVELOPERS shall be responsible for the <br />cost of establishing seed or sod in all boulevards within thirty (30) days of the completion <br />of the street improvements, and restore all other areas disturbed by the development <br />grading operation in accordance with the approved erosion and sediment control plan. The <br />DEVELOPERS shall also be responsible for the cost of cleaning any soil, earth or debris <br />from the wetlands within and adjacent to this Plat resulting from grading performed in the <br />development of the land. <br /> <br />~ In the event that thc CITY, for whatever mason, is unable to sell the bonds <br />as anticipated herein, the construction of the improvements shall immediately cease until the <br />CITY approves an alternate method by which to insure payment to the contractor for <br />construction of the Stage I Improvements. <br /> <br />Developer Reimbursement of All City Expenses. The DEVELOPERS agree to <br />fully reimburse the CITY for all costs incurred by the CITY including, but not limited to, <br />the actual cost of construction of said Stage I Improvements, engineering fees, <br />administrative fees, legal fees, inspection fees, interest fees, costs of acquisition of <br />necessary easements, if any, and any other cost incurred by the CITY relating to this <br />Development Agreement and the installation of the aforementioned improvements. In <br />addition, the DEVELOPERS agree as follows: <br /> <br />(a) The DEVELOPERS agree to reimburse the CITY for ail costs described above <br /> pertaining to improvements by special assessments to be levied against the Subject <br /> Property payable over five (5) years. However, special assessments against each lot in <br /> the Subject Property must be paid in full upon occurrence of any of the following with <br /> respect to each such individual lot: Prior to transfer of rifle, prior to issuance of an <br /> occupancy permit, or upon filing of any liens whichever occurs first. No Certificates <br /> of Occupancy will be issued without prior payment of all outstanding special <br /> assessments against any such lot. <br /> <br />(b) The DEVELOPERS agree to notify the CITY of all sales of lots within the Plat. <br /> <br />qq <br /> <br /> <br />