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days after the completion of the Stage I Improvements, the PERMITTEE shall provide <br />the CITY with a complete set of reproducible "As Built" plans for the Stage I <br />Improvements. <br />7. Time of Performance for the Stage I Improvements. The PERMITTEE must complete <br />the Stage I Improvements within one (1) year after the recording of the Plat. <br />8. Ownership of the Stage I Improvements. The PERMITTEE owns the Stage I <br />Improvements until the CITY'S acceptance of the Stage I Improvements. Title to the Stage <br />I Improvements automatically passes to the CITY upon the CITY'S written acceptance of <br />the Stage I Improvements. Except to the extent the CITY has accepted all or portions of <br />the Stage I Improvements, in writing, prior to the lapse, expiration, or other termination of <br />the CITY'S financial guaranty described in Section 6 and except to the extent the CITY <br />and the PERMITTEE may agree, in writing, to defer the CITY'S acceptance of certain <br />specified Stage I Improvements, the CITY is deemed to have accepted the Stage I <br />Improvements when the CITY releases the financial guaranty described in Section 12 or <br />allows such financial guaranty to lapse, expire or otherwise terminate. <br />9. Stage I Improvements License. The PERMITTEE hereby grants the CITY and the <br />CITY'S agents, employees, officers, and contractors an irrevocable license to enter the <br />Subject Property to perform all necessary work and/or inspections the CITY deems <br />appropriate during the PERMITTEE' S installation of the Stage I Improvements. The <br />license shall expire after the CITY accepts ownership of Stage I Improvements. <br />10. Stage II CITY Improvements. The public improvements the PERMITTEE must <br />construct or install are as follows: <br />a. Installation of survey monumentation. <br />(the "Stage II Improvements"). The PERMITTEE must complete the construction of the <br />Stage II Improvements within one (1) year after the date upon which the Plat is recorded. <br />PERMITTEE must install the Stage II Improvements in accordance with the Plans. Per <br />City Code Section 117-615, the PERMITTEE shall provide the CITY with a set of <br />reproducible as -built plans in Computer Aided Drafting (CAD) format and Portable <br />Document File (PDF) format upon completion of the Stage II Improvements and <br />acceptance by the CITY. As as -built plans are a required Stage II Improvement item per <br />City Code Section 117-615, the CITY will not release the required Stage I Improvement <br />Financial Guaranty noted in Section 12 below until the CITY has received the as -built <br />plans. Additionally, the PERMITTEE agrees to provide to the CITY the plans in CAD <br />and PDF format prior to the commencement of construction of the Stage II Improvements. <br />11. Required Private Improvements. The private improvements the PERMITTEE will <br />construct or install are as follows: <br />a. Sanitary sewer <br />b. Water <br />c. Storm drainage facilities <br />d. Stormwater maintenance <br />e. Parking lot <br />3 <br />