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Metro Transit Site Performance Agreement 021914 .doc page 3 of 9 <br /> <br /> Description of Improvements Estimated Costs <br /> <br />1. Lighting $364,000 <br />2. Trash Disposal Structure $1,500 <br />3. Curbing / Islands / Delineators $60,385 <br />4. Storm Drainage Systems / Sewers / Catch <br />Basins / Culverts / Swales <br />$58,556 <br />5. Private Trials and / or Sidewalk $41,690 <br />6. Driveway / Curbcut / Parking Lot / Fire Lane $449,576 <br />7. Watermains / Hydrants / Sanitary Sewers $162,110 <br />8. Landscaping $86,280 <br />9. Site Grading $393,057 <br />10. Erosion Control $14,987 <br /> Total Estimated Cost of Developer <br />Improvements <br /> <br />$1,632,141 <br /> Security Requirement (Total * 35%) $571,249 <br /> <br /> <br />III. As-Built Survey <br /> <br />The Developer’s engineer shall certify, in writing with an as-built survey, <br />that all site grading complies with the grading plan prior to issuance of <br />building permits. The as-built survey must include, but is not limited to, <br />proposed and final contours with adequate elevation shots to show <br />conformance, property irons (to be exposed in field), low floor and low <br />opening elevations, and the 100-Year High Water Level (HWL) of all <br />ponds, lakes, and wetland areas if applicable. <br /> <br />IV. COMPLETION DATE. <br /> <br />If the activities authorized by site and building plan approval are not initiated <br />within twelve (12) months from the final execution of this agreement, then <br />Developer Tenant will need to start the site and building plan approval <br />process from the beginning. <br /> <br />V. GUARANTEE. <br /> <br />A. The Developer will fully and faithfully comply with all terms and <br />conditions of any and all contracts entered into by the Developer. <br />Concurrently with the execution hereof by the Developer, the Developer <br />will furnish to, and at all times thereafter maintain with the City, a cash <br />deposit, certified check, or Irrevocable Letter of Credit, based on thirty- <br />five (35 %) percent of the total estimated cost of Tenant’s Developer's