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by the City to review the program for the construction work. <br />E. Record Plans. Within thirty (30) days after the completion of the <br />improvements the Developer shall supply the City with a complete set of <br />reproducible mylar "Record" drawings, and two complete sets of paper <br />copy "Record" drawings, all prepared in accordance with City standards. <br />An electronic copy of the plans shall also be submitted in an AutoCad <br />DWG format. <br />F. Cost Estimates. The Developer shall provide the City with a written <br />estimate of all applicable costs of the Off -Site Work, itemized by type; the <br />estimates shall be based upon the actual estimates provided by the <br />contractors who are to do the Work. Said cost estimates shall be reviewed <br />by the City, and the City shall establish the actual amount of the financial <br />guarantee. The Description of and estimated Costs of Developer's Off- <br />Site Work is as follows: <br />Estimated Costs <br />Excavation, construction, restoration for $ 2,500 <br />driveway /access within James Street right of way. <br />2. Excavation, construction, restoration, for utilities <br />connection (sanitary sewer, water) within Lake <br />Drive right of way. <br />$ 1,500 <br />Total Estimated Cost of Developer Off -Site Work $ 4,000 <br />Security Requirement (Total * 125 %) $ 5,000 <br />COMPLETION DATE. <br />The activities authorized by site and building plan approval shall be initiated within <br />six (6) months. If such activity is not completed within eighteen (18) months, the <br />City may exercise any remedies as set forth in Section VII., unless an extension is <br />granted by the City. <br />V. GUARANTEE. <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 for the <br />installation and construction of all Developer's Off -site Work and hereby <br />guarantees the workmanship and materials for a period of one year <br />following the City's final acceptance of the Developer's Off -site Work. <br />Concurrently with the execution hereof by the Developer, the Developer <br />MuellerPerformAgmt page 4 of 10 <br />