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i0. P[~,~vment for Stage II Improvements. The CITY will install in the Plat the Stage II <br />Improvements. The DEVELOPER shall deposit an amount that is determined by the CITY to <br />be adequate to aid in the operation and maintenance of street lights in locations within the Plat <br />dctcm~incd by the CITY Engineer and installed by Co~exus for the first t~ee (3) years a~er <br />final plat approval. The CITY will bill residents in the Plat at least qua~erly for street light <br />mah~tcnance and operation costs; billing will be initiated at the time a residence co~ects to <br />municipal water and sanitary sewer. The DEVELOPER will pay to the CITY an amount equal <br />to 100% of the CITY Engineer's estimated construction cost of the items prior to recording of <br />~hc final Plat. The CITY Engineer's estimated cost of construction i?~_ <br /> ~:. :.?. ~,::.~ ,.;::.L~~ ... <br /> a) Street signing (2~$200) $400.00 <br /> b) Street striping (620 lk. ~ .20) $1'24.00 <br /> c) Traffic signing (2~$200) 5~.' <br /> d) F, uture Through,1 Street Signing (0_~$0~ <br /> c) Street light maintenance (4~$270) <br /> I) Street sweeping <br /> g) Seal coating (2204 sq. yds ~$.85/sq. yd.)' ~ .,~:~::;~:, $1,873.78 <br /> <br /> l. Required Improvements. The Pe~iRee' s~I1-.construct an~'::~lfistall the following site <br /> h'nprovcments on the Site in accordance with ~e;speeific, ations and location as shown on <br /> thc Plat. The Required Improvements are ...... ~" <br /> <br /> a. Site grading in accordance with the Grading P}~prepared by URS final date May 2, <br /> 2005 <br /> b. Installation of stor~ sewer and appu~en~ces,; <br /> c. Sanitary sewer sysNm <br /> d. Watermains and' a~pu~efiances <br /> c. Tr~k and lateral sto~ draNage hcilities <br /> Installation of bituminous &Neways, parking lots, and maneuvering areas. <br /> g. Installation-of Oo~tinuous, su~oUhtable concrete curbing and gu2er around the <br /> perimeter of ~II bi~minous surfaces. <br /> h. Installation of Landscaping in accordance with the Landscape Plan, final date May 2, <br /> 2005 <br /> i. Irrigation meterin~and backflow devices shall be approved as pa~ of the Utility Plan, <br /> and h~stalled accoiflNgly. <br /> j, Irrigation rain sensors shall be installed and appropriately placed t~oughout the <br /> development. <br /> k. Establis~ent of ~rf in areas disturbed during construction and in accordance with <br /> <br /> thc Plat.: <br />i. Temporary and permanent erosion control <br />~.~. Natural gas <br />~t. Telephone service <br />,,>, Electric service <br /> <br />Ramsey Towil Center 6th Addition <br />Development Contract <br /> Page 5 of 15 Pages <br /> <br /> <br />