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CITY Staff's review and approval of revisions in conformance with staff comments <br />and (b) such further revisions as the DEVELOPER may propose and the CITY <br />approves. The Plans shall not be attached to this Agreement, but are in the CITY'S <br />files. <br />3. Utilities. The DEVELOPER acknowledges that any structure constructed on the <br />Subject Property shall be serviced with public utilities with all applicable <br />standards in City Code. <br />4. Stage I Improvements. There are no Stage I Improvements required. <br />5. Stage I Financial Surety. There are no Stage I Improvements and therefore, there <br />is no Financial Surety required. <br />6. Stage II CITY Improvements. The future improvements the DEVELOPER must <br />construct or install are as follows: <br />a. Installation of survey monumentation. <br />(the "Stage II Improvements"). The DEVELOPER must complete the <br />construction of the Stage II Improvements within one (1) year after the date upon <br />which the Plat is recorded. <br />7. Payment of Development Fee' s. The DEVELOPER must pay to the CITY the <br />fees described on Exhibit A, which may include, but are not limited to, Park Land <br />Dedication Fees, Trail Development Fees, and Storm Management Fees at time of <br />Site Plan. This agreement shall allow the final plat to move forward, and future <br />owners must pay development fees at time of site plan before building permit <br />issuance. <br />8. DEVELOPER Defaults. If the DEVELOPER defaults in the performance of one <br />or more of the DEVELOPER'S obligations under this Contract, and i) the CITY <br />gives the DEVELOPER 30 days written notice of the default and ii) the <br />DEVELOPER fails to cure the default within said 30 days, then the CITY may <br />pursue any and all remedies available at law or in equity including, but not limited <br />to, the following: <br />a. The CITY may, at its option, perform or engage one or more third parties <br />to perform the DEVELOPER'S obligations. If, in the reasonable judgment <br />of the CITY'S staff, the DEVELOPER'S default creates an immediate risk <br />to public health or safety, the CITY may perform or engage one or more <br />third parties to perform the work before the CITY provides the notice <br />described in the initial paragraph of this Section, but the CITY must use <br />commercially reasonable efforts to notify the DEVELOPER as promptly <br />as possible that the CITY is undertaking to perform the DEVELOPER' S <br />obligation or obligations. If the CITY performs one or more obligations <br />of the DEVELOPER, the DEVELOPER must reimburse the CITY for <br />