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<br />27 <br />LA515\124\964107.v1 <br />and 15-18: (1) bituminous wear course and sidewalks; (2) trails; (3) bio <br />retention and infiltration facilities; (4) street lighting; (5) street and traffic signs; <br />(6) all private utilities; (7) iron monuments for lot corners have been installed; <br />(8) turf is established and all erosion and sedimentation control has been <br />removed; (9) turn lanes and off-site public improvements; (10) the required <br />"record" plans in the form of the City standards have been received and <br />approved by the City; (11) all financial obligations to the City have been <br />satisfied. <br />4. Construction Category 11-13: The amount of $499,873 may be released when <br />all Landscaping Subdivision Improvements have been installed to the <br />satisfaction of the City including all corrective work for any identified punch list <br />items. <br />B. Twenty-five percent of the original Security amount for the sanitary sewer and <br />watermain utilities shall be retained until: (1) all sanitary sewer and watermain <br />utilities have been fully completed and accepted by the City, including all corrective <br />work and warranty punch list items; (2) all financial obligations to the City have <br />been satisfied; and (3) the warranty period has expired. <br />C. Twenty-five percent of the original Security amount for Construction Categories 4- <br />10 and 15-17 shall be retained until: (1) all Subdivision Improvements have been <br />fully completed and accepted by the City, including all corrective work and warranty <br />punch list items; (2) all financial obligations to the City have been satisfied; and (3) <br />the warranty period has expired. <br />D. Twenty-five percent of the original Security amount associated with landscaping <br />shall be retained by the City until: (1) all landscaping Subdivision Improvements <br />have been fully completed and accepted by the City, including all corrective work <br />and warranty punch list items being completed by the Developer; (2) all financial