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• <br />• <br />• <br />Development Contract — Site Grading Only <br />The Preserve <br />July 23, 2007 <br />7. The Developer agrees to maintain, at all times before acceptance of the <br />streets by the City, an access road suitable for use by emergency, police and <br />fire department equipment. The adequacy of such road shall be the sole <br />determination of the City. Furthermore, such access road shall be located no <br />more than 150 feet from any structure built within the Subdivision. <br />8. The Developer shall promptly clear dirt and debris, within public right -of- <br />ways, and drainage and utility easements, resulting from construction by <br />the Developer, its purchasers, builders and contractors within five (5) days <br />after notification by the City. The Developer or its assigns shall be <br />responsible for all necessary street and storm sewer maintenance including <br />street sweeping, storm sewer cleaning, ditch cleaning and pond dredging, <br />resulting from the accumulation of said dirt and debris, until all <br />Certificates of Occupancy are issued. Warning signs shall be placed when <br />hazards develop in streets to prevent the public from traveling on same and <br />directing attention to detours. If and when the streets become impassable, <br />such streets shall be barricaded and closed. The Developer shall maintain a <br />smooth, hard driving surface and adequate drainage on all temporary streets. <br />9. Other Construction <br />a) In the event that damage to the streets or other City infrastructure <br />result from said improvement work, the Developer shall be <br />responsible for effecting said repairs, or the City shall withhold <br />escrows or deposits as the City deems appropriate and necessary. <br />b) The Developer shall provide a financial security or cash escrow in an <br />amount of $40,000 to assure completion of the grading and <br />restoration, in the event that the work is not completed by the <br />Developer. <br />c) No burning of vegetation cleared during construction shall be <br />allowed. <br />10. The project shall not be final platted until 2007 to comply with growth <br />management policy. <br />11. All homeowners association declarations, covenants, and property and legal <br />requirements as required in this Agreement shall be submitted to the City <br />Attorney for review as required by the City's final plat requirements. In <br />addition, an additional contract agreement shall be agreed upon between the <br />City and developer that provides for the subsequent construction, ownership <br />and maintenance of City owned utilities (sanitary sewer and water) and the <br />access street that will be privately owned and maintained. <br />page 6 <br />- 1 3 7 - <br />