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mains, veils, property line curbs, buffer areas and other items <br />of the application. <br /> <br />Based on the City ~ngineer's findings, the City's planning staff <br />shall prepare a proposed l)evelopment Contract in accordance with <br />the specifications of this chapter. The proposed development <br />contract alonl~ with the applicant's site plan/building design <br /> <br />The Planning Commission shall review the site plan/building <br />design plan application. After said review, the ~lanning <br />Commission shall adopt findings of fact and shall ~ake a <br />recommendation for approval or denial to the City Council. <br /> <br />The City Council shall review the application , adopt findings of <br />fact related to it and either approve or deny the application. <br />Tbs Council uny, as a condition of approval, require certain <br />additional conditions in either the proposed development <br />agreement or the site/building design plan. The City Council's <br />final action on the application shall be the City's final action <br />on the application. <br /> <br />Development Contract <br /> <br />Prior to approval of the site/building design plan application <br />and prior to construction of any required site improvements, the <br />applicant shall enter into a contract with the City. This <br />contract shall require the applicant to construct all <br />improvements on the site at the applicant's sole expense and in <br />accordance with City plans and specifications. <br /> <br />Said contract shall also provide that the City viii be reimbursed <br />for all costs incurred by the City for engineering and legal fees <br />and other expenses in connection with the processing and <br />administration of the application. The performance of said <br />contract shall be financially secured by a cash escrow deposit or <br />other security as hereinafter set forth. In addition, the <br />contract shall provide that the applicant agrees to permit the <br />City to enter the site and complete any City-required <br />improvements which the applicant fails to complete. The contract <br />aha11 also provide that it is binding on all heirs, assigns, and <br />successors of the applicant. A copy of the contract shall be <br />kept on file as part of the permanent record of the site and a <br />copy shall be recorded at the Anokn County Recorder'a Office. <br /> <br />To ensure that the site is developed in accord with the approved <br />plans and City specifications, the applicant shall provide a cash <br />escrow, certificate of deposit, letter of credit from an <br />acceptable financial institution or performance bond. The <br />financial security shall be in an a~ount which equals 1502 of the <br /> <br /> <br />