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g. Installation of additional landscaping materials in accordance with the Landscape <br />Plan prepared by James R. Hill, Inc., dated June 29, 2007, revised July 20, 2007, <br />revised August 8, 2007, revised August 22, 2007. <br />h. Irrigation metering and backflow devices shall be approved as part of the Utility Plan, <br />and installed accordingly. <br />i. Irrigation rain sensors shall be installed and appropriately placed throughout the <br />development. <br />("Required Improvements)". <br />5. FIRE LANES. Fire lanes shall be maintained on the Site. The exact location of these <br />items on the Site shall be as directed by the City's Fire Chief. <br />6. LIGHTING. Lighting shall be installed on the site in accordance with City Code. <br />7. BUILDING FACADE. The Permittee agrees to construct all building faces of the same <br />material as listed on the Building Elevations <br />8. REQUIREMENTS FOR BUILDING PERMIT. No building permit for the Site will be <br />issued until the Permittee has: a) signed and returned this Development Permit, along <br />with the surety and fees required herein; and b) fully executed the plat of Regency Pond <br />4t' Addition. <br />No Certificate of Occupancy for any structures will be issued until: a) vehicular access to <br />the lot is provided including the installation of at least one layer of bituminous surfacing; <br />b) all utilities are in place, operational, and acceptable to the CITY; and c) all the <br />financial guarantees required by the CITY have been satisfied. All foundation approvals <br />will require a certificate of elevation verifying that the actual elevation is in compliance <br />with the approved grading and drainage plan. <br />9. IMPROVEMENT CONSTRUCTION SCHEDULE. The Required Improvements <br />shall be completed before November 1, 2008. <br />10. RECOGNITION OF LOCATION. The Permittee herein agrees to recognize Ramsey <br />as the City of location on all forms of advertising and business correspondence whenever <br />reasonably prudent to do so. <br />11. FINANCIAL SURETY. In order to ensure the installation of the Required <br />Improvements in accordance with City specifications and in a timely manner, the <br />Permittee shall be required to deposit with the City a cash escrow or letter of credit, <br />approved as to form by the City, in the amount of Three Hundred Eighty -One Thousand <br />Seven Hundred Fifty Dollars and no cents ($381,750.00), which is 150% of the City's <br />estimated cost of the Improvements. Prior to the issuance of the building permit, all <br />financial guarantees must be provided as required herein. <br />-133— <br />