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a. Lot grading <br /> b. Sidewalks <br /> C. Domestic water supply service lines <br /> d. Storm drainage facilities for individual lots <br /> e. Electricity (within one-fourth mile) <br /> f. Phone (within one-fourth mile) <br /> g. Natural gas (within one-fourth mile) <br /> h. 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 PERMITTEE 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 in its entirety the required Stage I Improvement <br /> Financial Guarantee noted in paragraph 96 below until such as-built plans are <br /> received by the CITY. Additionally, the PERMITTEE agrees to provide to the <br /> CITY the plans in CAD format prior to the commencement of construction of the <br /> Stage I Improvements. <br /> 4. Additional Requirements Related to Certain Stage I Improvements. This <br /> paragraph intentionally deleted. <br /> 5. 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 PERMITTEE shall be <br /> responsible for a financial guarantee in the amount of($80,554.00),which amount <br /> is 125% of the CITY Engineer's estimated cost of the Stage I Improvements <br /> ($64,435 x 1.25). Upon completion of Stage I Improvements (including the <br /> removal of "temporary" erosion control measures as identified in the approved <br /> Grading Plan), acceptance by the CITY, supported by appropriate lien waivers, <br /> The PERMITTEE may request a reduction in the amount of the financial <br /> 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 /> PERMITTEE shall be responsible for an inspection fee in the amount of <br /> ($3,222.00), which amount is 5%of the City Engineer's estimated cost of the Stage <br /> I Improvements ($64,435 x .05). The inspection fee must be in the form of a cash <br /> escrow. The PERMITTEE may request a refund of the remaining balance in the <br /> escrow upon completion of the Stage I Improvements, acceptance by the CITY. <br /> 2 <br />