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• <br />• <br />• <br />Development Contract — Site Grading Only <br />Grandview <br />August 13, 2007 <br />C. Final Plat Approval <br />1. All lots in the plat must agree to connect to City utilities. The City will <br />not approve the final plat without legally enforceable assurance that all <br />properties will connect. <br />2. Issues discussed in the City Engineer review memo must be addressed to <br />his satisfaction. <br />3. A development agreement between the city and the developer must be <br />executed prior to the issuance of any building permits for the site. <br />4. Park dedication must be paid in accordance with the city's fee schedule. <br />5. A conservation easement shall be granted over the drainage and utility <br />easement within the lots fronting Marshan Lake. Easement restrictions <br />shall be defined prior to city council approval of the final plat. <br />6. The Rice Creek Watershed District must review the project prior to <br />building permits being issued by the city for any new construction. <br />7. A boulevard tree shall be provided for each lot frontage. <br />8. The existing roadway easement shall be vacated by the City.Council prior <br />to the approval of the final plat. <br />XIII. VIOLATIONSBUILDING PERMITS <br />A. In the event that Developer violates any of the covenants and agreements contained <br />in this Development Contract and to be performed by the Developer, the City, at its <br />option, in addition to the rights and remedies as set out hereunder may refuse to <br />issue building permits and/or Certificate of Occupancies to any property within the <br />Subdivision until such time as such default has been corrected to the satisfaction of <br />the City. <br />XIV. PROPERTY TAXES <br />A. Should the recording of the Final Plat occur after July 1, any and all property taxes <br />on any public property dedicated as a part of this plat shall be the responsibility of <br />the Developer. Dollars shall be incorporated into the escrow agreement to cover the <br />cost of said property taxes. <br />page 11 <br />