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Charge ("REC") shall be paid by the Developer or the Developer's contractor on behalf of the <br />Developer to the City at the time the City issues a building permit for each building with the <br />development. The City acknowledges that the Developer has prepaid for 42 SAC credits and <br />said 42 SAC credits shall be applied against the total number of SACs required. <br />The water availability charge (WAC) in the amount of $3,000.00 per REC shall be paid by <br />the Developer or the Developer's contractor on behalf of the Developer at the time the City issues <br />a building permit for each building within the development. The City acknowledges that the <br />Developer has prepaid for 42 WAC credits and said 42 WAG credits shall be applied against the <br />total number of WACs required. <br />In addition, a sewer connection charge in the amount of $1,000.00 per REC, a <br />Metropolitan Council sewer availability charge in the amount of $2,485.00 per REC, and a water <br />connection charge in the amount of $1,000.00 per REC will be payable by the Developer and <br />collected by the City at the time the City issues a building permit for each building with the <br />development. <br />22. WETLAND MITIGATION. The Developer shall complete wetland mitigationlrestoration <br />in accordance with the approved Plans and in accordance with any applicable Watershed or <br />agency permits. If the mitigation work is found to be incomplete or restoration is unsuccessful, <br />the City may draw down the Security at any time during the warranty period to perform the work <br />if the Developer fails to take corrective measures after being provided reasonable notice by the <br />City. <br />23. BUILDING PERM ITSICERTIFICATES OF OCCUPANCY. <br />A. The City will issue a footing and foundation permit for a building within the <br />Subdivision provided that the final plat has been recorded with Washington County, <br />The City will issue a vertical construction permit for a building within the Subdivision <br />provided that all on -site utilities within the Subdivision have been installed by the <br />13 <br />LA515-93-75382LO <br />