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Erickson Estates <br />Development Agreement <br />March 27, 2017 <br /> page 5 <br />e. Surface Water Management Area Charges <br />The City established a trunk area charge to uniformly distribute the costs of <br />public trunk surface water infrastructure and water quality improvements. The <br />Surface Water Management Charge shall be based on developable acreage. The <br />developable acreage is 90 feet by 135 feet charged at the amount specified in <br />Exhibit C. <br />17. Assessment of Charges and Waiver of Rights. <br />a. In consideration of the construction of City Improvements listed in Paragraph 8 <br />and /or provision of sewer, water and storm water services, the Developer <br />agrees that the costs of City Improvements together with Trunk Sewer Unit <br />Charge, Trunk Water Unit Charge and the Surface Water Management Area <br />Charge (collectively, “the Charges”) may be assessed against the Subdivision <br />parcels. The Developer hereby waives any and all procedural and substantive <br />objections to the special assessments, including notice and hearing <br />requirements, any claim that the assessments exceed the benefit to the <br />properties, and any right to appeal. <br />18. Building Permits. Not Applicable. <br /> <br />19. Special Provisions. Not Applicable. <br /> <br />20. Hours of Construction Activity. <br /> <br />All construction activity shall be limited to the hours as follows: <br />Monday through Friday 7:00 a.m. to 7:00 p.m. <br />Saturday 9:00 a.m. to 5:00 p.m. <br />Sunday and Holidays No working hours allowed <br /> <br />21. Insurance. Not Applicable. <br /> <br />22. Developer’s Default. Not Applicable. <br /> <br />23. General. <br /> <br />a. Binding Effect <br /> <br />The terms and provisions hereof shall be binding upon and inure to the benefit <br />of the heirs, representatives, successors and assigns of the parties hereto and <br />shall be binding upon all future owners of all or any part of the Subdivision and <br />shall be deemed covenants running with the land, unless otherwise released <br />pursuant to section 14 of this Agreement.