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an amount equal to 100% of the CITY Engineer's estimated construction cost of the items prior <br />to recording of the final Plat. The CITY Engineer's estimated cost of construction is: <br />I RTC Obligations <br />Street signing ($200.00 each) 9 - $1,800.00 <br />Street striping ($.20tft.) 3,220 - $640.00 <br />Traffic signs ($200.00 each) 15 - $3,000.00 <br />Future Through Street NIA <br />Signing (0) <br />Street lights ($1,500.00 each) 123 <br />Street light maintenance <br />($270 each) <br />Street sweeping <br />Seal coating ($.85 sq. yd.) <br />TOTAL <br />$34,500.00 <br />23 $6,210.00 <br />$500 <br />17,000 - $14,450.00 <br />$61,100.00 <br />T&C Obligations <br />16 - $3,200.00 <br />4,000 - $800.00 <br />12-$240,000 <br />N/A <br />25 - $37,500.00 <br />25 - $6,750.00 <br />$500 <br />17,100 - $14,535.00 <br />$65,685.00 <br />Total <br />$ 5,000.00 <br />$ 1,440.00 <br />$ 5,400.00 <br />N/A <br />$ 72,000.00 <br />$ 12,960.00 <br />$ 1,000.00 <br />$ 28,985.00 <br />$126,785.00 I <br />It is agreed that RTC will deposit the sum of $61,100.00 and that T&C shall deposit the <br />sum of $65,685.00, <br />11. Required Improvements. As specifically indicated below, one of the DEVELOPERS <br />shall construct and install the following site improvements on the Site in accordance with <br />the specifications and location as shown on the Plat and site plan. The Required <br />Improvements are as follows: <br />a. Site grading in accordance with the Grading Plan prepared by URS dated June 24, <br />2005. RTC is responsbile for all grading requirements of the interim grading plan <br />prepared by Landform. T&C is responsible for the balance of the grading. <br />b. Private streets with concrete curb and gutter. T&C's responsibility. <br />c. Installation of storm sewer and appurtenances. RTC's responsibility except to the <br />extent located within platted blocks, which is T&C's responsibility. <br />d. Sanitary sewer system. RTC's responsibility except to the extent located within <br />platted blocks, which is T&C's responsibility. <br />e. Waterrnains and appurtenances. RTC's responsibility except to the extent located <br />within platted blocks, which is T&C's responsibility. <br />f. Trunk and lateral storm drainage facilities. RTC's responsibility except to the <br />extent located within platted blocks, which is T&C's responsibility. <br />g. Installation of bituminous driveways, parking lots, and maneuvering areas. T&C's <br />responsibility <br />h. installation of continuous, surmountable concrete curbing and gutter around the <br />perimeter of all bituminous surfaces. RTC has the responsibility for only public <br />street improvements; T&C has the responsibility for private street <br />improvements. <br />i. Installation of Landscaping in accordance with the Landscape Plan, dated June 24, <br />2005. RTC except to the extent located within platted blocks, which is T&C's <br />responsibility, <br />Ramsey Town Center 7th Addition <br />Development Contract <br />Page 5 of 20 Pages <br />121117907r603716 8/18/05 <br />