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24. SANITARY SEWER AND WATER UTILITY AVAILABILITY CHARGES (SAC AND <br />WAC). The Developer shall be responsible for the payment of all sewer availability charges <br />(SAC) and all water availability charges (WAC) with respect to the Subdivision Improvements <br />required by the City and any state or metropolitan government agency. <br />The sewer availability charge (SAC) in the amount of $3,000.00 per REC shall be paid <br />by the Developer to the City before recording the final plat. The total amount to be paid by the <br />Developer is: $144,000.00. <br />The water availability charge (WAC) in the amount of $3,000.00 per REC shall be paid <br />by the Developer to the City before recording the final plat. The total amount to be paid by the <br />Developer is: $144,000.00. <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 lime the building permit is issued for each lot. <br />25. STREET LIGHTS. The Developer is responsible for the cost of street light installation <br />consistent with a street lighting plan approved by the City. Before the City signs the final plat, <br />the Developer shall post a Security for street light installation consistent with the approved plan. <br />The required Security is $24,000 and consists of four decorative lights at $6,000 each. The <br />Developer also shall pay the City $129/light ($516.00) to reimburse the City for the first year <br />operating costs for the street lights. <br />26. WETLAND MITIGATION. The Developer shall complete wetland <br />mitigation/restoration in accordance with the approved Plans and in accordance with any <br />applicable Watershed or agency permits. If the mitigation work is found to be incomplete or <br />restoration is unsuccessful, the City may draw down the Security at any time during the <br />13