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Agreement <br />SECTION 1 <br />REQUIRED IMPROVEMENTS AND FINANCIAL RESPONSIBILITIES <br />1. City Code Compliance. The CITY approves the site plan (the "Site Plan") within the Conditional <br />Use Permit conditioned on the PERMITTEE developing the Subject Property in accordance with <br />the applicable provisions of City Code. <br />2. Conformance with the Plans. The Subject Property shall be developed in accordance with the <br />final civil and landscape plans (the "Plans") prepared by Loucks, Inc. and dated December 1, 2025. <br />The Plans remain subject to: (a) City Staff's review and approval of the Plans to, among other <br />things, confirm that the revisions requested in the CITY's review have been made; and (b) such <br />further revisions as the PERMITTEE may propose and the CITY approves. The Plans shall not <br />be attached to this Agreement but are in the CITY's files. <br />3. Incorporation of All City Code Requirements. That the recitals above and the applicable <br />provisions of the City Charter, Subdivision Code, and Zoning Code of the CITY, as amended to <br />date hereof, are incorporated herein by reference. <br />4. State Building Code Compliance. The structure(s) shall be constructed in accordance with the <br />requirements of the Building Code. <br />5. Fire Lanes. Fire lanes shall be maintained on the Subject Property. The exact locations of these <br />items on the Subject Property shall be as directed by the Fire Chief. The PERMITTEE herein <br />agrees to post "No Parking" signs along driveways in accordance with City Code requirements and <br />in conjunction with the instructions of the Fire Chief. <br />6. Required On -Site Improvements. The PERMITTEE shall construct and install the following <br />site improvements on the Subject Property in accordance with the specifications and location as <br />shown on the Plans. The Required Improvements and the allocated costs therefor are as follows: <br />Required On -Site Improvement Cost 75% of Cost <br />Release Amount <br />a. Earthwork $8,361 $6,271 <br />b. Erosion & Sediment Control $2,750 $2,063 <br />c. Utilities $43,812 $32,859 <br />d. Concrete and Paving $144,120 $108,090 <br />e. Landscaping, Site Furnishings, & $44,249 $33,187 <br />Restoration <br />Total $243,292 $182,469 <br />("Required On -Site Improvements") <br />The PERMITTEE agrees to construct the Required On -Site Improvements according to the <br />terms and conditions of this Agreement, in accordance with the Plans, and in compliance with <br />Staff review comments. <br />7. Required Off -Site Improvements. The PERMITTEE shall construct and install the following <br />site improvements outside of the Subject Property that are in public street rights -of -way or <br />CorTrust Bank, N.A. <br />Development Agreement <br />Page 2 of 9 <br />