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pa~m~-~ni: to the city for these improvements. This advance <br />pa_¥ment shall be in the fo~n of a cash deposit in the amount <br />of Two Thousand Four Hundred Dollars ($2,400.00) which is 100% <br />of ~J-,e City Engineer's estimate. The City shall retain the <br />int~,_~'e.~t earned on the cash deposit. The advance payment <br />sh.%~3 ! be deposited with cJ. ty at the time the Development <br />cord:]~act is executed. <br /> <br />F[~[N AN C]AL GUARANTEE. The Developer agrees to pay for <br />assessments for the construction of these improvements and <br />provide financial guarantees as required by City Code. <br /> <br />_G_RA_DING AND DRAINAGE PLAN. The Developer shall comply with <br />grading and drainage plans submitted to and approved by the <br />city ~ngineer. <br /> <br />T~[E~: jREMOVAL/DISEASED TREE CONTROL. The Developer shall <br /> ]~even~ the introduction and spread of tree disease into the <br />p.... <br /> <br />ra.,]d~ ~ 'tree populations of the plat and adjoining properties <br />and~ to reduce the impacts of construction on the residual <br />p~'o[,e~t? of the plat and adjoining properties. The Developer <br />sha l ~: <br /> <br />[m~tall physical barriers such as snow fence around trees <br />that are to remain (the fencing will be at least ten feet <br />(i[0') from the remaining trees; <br /> <br />A'i;i. equipment operators will have readily available tree <br />wound dressing and will apply immediately to damaged <br />[~.~'~es if wounding occurs; <br /> <br />'Prqes will only be skidded against other trees that are <br /> be removed. Trees in the middle twenty feet (20') of <br /> easement will be removed first, with remaining trees <br /> removed to be skidded toward the middle of the road <br /> ;~]ll@nt. <br /> <br />CONI['I'?.-gC'fION SITE DEBRIS. The Developer shall adhere to City <br />Ordi_na_t~,;e No. 89-11 which is an Ordinance Regulating the <br />Dum}~inq of Garbage, Refuse, Site Development and Construction <br /> <br />BUILDi~NG PERMITS. The Developer agrees that in compliance <br />wi%hli~ ~,he City Code, no building permits for any lot in the <br />plat ~hall be issued until the financial guarantees as <br />desc~Jb~d above have been provided and that all grading and <br />cla~ i;!Jve gravel has been placed on the roads. <br /> <br />DEVb[6OPMENT AGREEMENT. The Developer agrees to enter into a <br />Devel.~pment Agreement with the City, which Development <br /> shall incorporate all relevant City Code require- <br /> <br />2 <br /> <br /> <br />