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<br />6. STAGE II IMPROVEMENTS. The developer shall be required to <br />complete Stage II improvements (sealcoating) as provided in <br />Sectoin 170.03 of the City Code. In addition, the Developer shall. <br />provide a fir~cial guarantee to the City for these improvements. <br />This guarantee shall be in the form of a cash deposit of City <br />approved letter of credit in the amount of $ ____0__. This <br />guarantee shall be proviaed to the City prior to the issuance of <br />any certificates of occupancy for any structures on ~~y lot in the <br />plat. <br /> <br />IN WITNESS WE:ERroF, the parti es have executed this instrument this <br />_____ day of _______________, 198_. <br /> <br />DEVELOPER: <br /> <br />Ri~hard J. Sybr ant <br /> <br />CITY OF RA1".oSEY: <br /> <br />BY: <br />-----------------------------~-- <br />Its Hayor <br /> <br />By:_______________________________ <br />Its City AQrriinistrator <br /> <br />STATE OF JvIINhLSOI'A ) <br />) SSe <br /> <br />Page 2 of 3 <br /> <br />IzB <br />