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10. Storm Water Regional Basin Contribution. In lieu of constructing on-site storm water <br /> management basins,the PERMITTEE shall contribute an equal amount as the cost of constructing <br /> on-site basins to the CITY for use of the regional storm water basin in the amount of Ten <br /> Thousand Three Hundred Sixteen Dollars and Twenty Cents($10,316.20). <br /> SECTION II <br /> PERMITS AND OCCUPANCY <br /> 11. Requirements for Building Permit. <br /> a. No building permit shall be issued until the PERMITTEE has: (a) installed a Class 5 driving <br /> surface to within 300 feet of the structure; (b) provided the CITY Building Official with a <br /> Certificate of Survey for the proposed New Building; (c) the Financial Guaranty described in <br /> Section I, Paragraph 8, to the CITY; and (d) obtained all necessary permits from the Lower <br /> Rum River Watershed Management Organization and has provided a copy of such permit to <br /> the CITY, if applicable; and <br /> b. No occupancy permit shall be issued until the PERMITTEE has: (a) constructed vehicular <br /> access to the lot,including the installation of at least one layer of bituminous surfacing; and(b) <br /> constructed all utilities and storm water facilities this Agreement requires to serve the lot and <br /> such utilities and storm water facilities are in place, operational and accepted by the CITY. <br /> SECTION III <br /> ON-SITE LANDSCAPING <br /> 12. Maintenance Guaranty for Landscaping. It is herein agreed that the PERMITTEE shall <br /> provide a maintenance guaranty to ensure the survival of the plantings. Said maintenance guaranty <br /> shall consist of cash or an irrevocable letter of credit, approved as to form by the CITY, in the <br /> amount of Two Thousand Two Hundred Seventy-Three Dollars and No Cents ($2,273.00) [# <br /> plantings (17 trees and 33 shrubs) x cost/planting ($300/tree and $75/shrub) x 30% average non- <br /> survival rate], which shall be in effect for a two (2) year period commencing on the date of the <br /> CITY's written acceptance of said plantings as part of the Required Improvements. <br /> At the end of the two(2)year period,the PERMITTEE shall contact the CITY to schedule a final <br /> inspection of the landscaping. The determination that all plantings that have been planted in <br /> accordance with the Plans have either survived or have been replaced shall be made by the CITY. <br /> Upon approval of the final landscape inspection by the CITY, the maintenance guaranty shall be <br /> returned to the PERMITTEE. In the event the PERMITTEE fails to maintain the required <br /> plantings for a two (2) year period, the City Council may order the replacement of plantings with <br /> CITY day labor and/or by letting contracts and draw upon the escrow for payment. Only the City <br /> Council shall have the authority to direct replacement of the plantings and withdraw from the <br /> escrow account. The PERMITTEE hereby grants permission and a license to the CITY and/or <br /> its contractors and assigns to enter upon the Subject Property for the purpose of replacing <br /> plantings in the event of the PERMITTEE default. <br /> SECTION IV <br /> GENERAL <br /> 13. Boulevard and Area Restoration. The PERMITTEE shall be responsible for restoring all areas <br /> disturbed by the development grading operation in accordance with the approved erosion and <br /> Complete Auto Service Ramsey,Inc. <br /> Development Agreement <br /> Page 4 of 8 <br />