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<br />1. Street lights (installment arranged by CITY during Stage I Improvements and <br />paid for by DEVELOPER as Stage II Improvement) <br /> <br />("Stage I Improvements") <br /> <br />The DEVELOPER agrees to construct the Stage I Improvements according to the terms and <br />conditions of this agreement and in accordance with DEVELOPER'S plans submitted to the <br />CITY: Utility Plans; Sanitary Sewer and Watermain Construction; Storm Sewer and Street <br />Construction; Grading, Erosion Control and Details, st 13, 2007 prepared by <br />Passe Engineering. The final construction plan fa ' Improvements shall be <br />submitted to the City Engineer for revie r to commencement of <br />construction. <br /> <br /> <br />The DEVELOPER shall be responsible fa <br />corner stakes prior to the installation of under <br />be in place prior to the release of the Stage I fi <br /> <br />5. Stage I Improvements Completion Date. <br />or before September 1,2008. <br /> <br />6. <br /> <br />LO PER shall provide a financial <br />ge I Improvements and their <br />unt of Two Hundred Fourteen <br />finallandsca in Ian (125% x <br />eer's estimated cost of the Stage I <br />IS paragraph shall be in the form of <br />as to form CITY. The financial guarantee shall be <br />e of execution of this agreement. Upon total completion <br />removal of "temporary" erosion control measures as <br />cceptance by the CITY, supported by appropriate <br />. est a reduction in the amount of the financial <br />arantee required by Paragraph 10 below has been <br /> <br />ensity transition landscaping. It is herein agreed that the <br />. maintenance guarantee to ensure the survival of the plantings <br />purposes. Said maintenance guarantee shall consist of cash or <br />s to form by the CITY, in the amount of dollars and <br />no cents ('$' plantings L trees, _ shrubs) x cost/planting ($150/tree, <br />$75/shrub) x 30 f,j"nige non-survival rate], which shall be in effect for a two-year period <br />commencing on th'~,'iidate of the City's acceptance of said plantings as part of the Stage I <br />Improvements. <br /> <br />At the end of the two-year period, the maintenance guarantee shall be returned to the <br />DEVELOPER. The determination that all plantings that have been planted in <br />Brookfield Fourth Addition <br />Development Agreement <br />Page 3 of 11 <br /> <br />-133- <br /> <br /> <br />