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required to submit a cash escrow to cover City Costs in the amount of $35,900 along with a <br />letter of credit in the amount of $325,500 to secure completion of the improvements. <br />RECOMMENDATION <br />Staff is recommending approval of the 2nd Reading of Ordinance No. 09-25 and Resolution No. <br />25-66. <br />ATTACHMENTS <br />1. Ordinance No. 09-25 <br />2. Resolution No. 25-66 <br />3. Grading Agreement <br />