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7 <br />LA515\160\1053952.v2 <br />to the commencement of construction of each type of Subdivision Improvement. The City shall <br />inspect all Developer-installed Subdivision Improvements during and after construction for <br />compliance with the Plans, the City approvals, the City Code, and the applicable City Standards. <br />The Developer will notify the City at such times during construction as the City requires for <br />inspection purposes. Such inspection is pursuant to the City’s governmental authority, and no <br />agency or joint venture relationship between the City and the Developer is thereby created. <br />10. CONTRACTORS/SUBCONTRACTORS. City Council members, City employees, <br />and City Planning Commission members, and corporations, partnerships, and other entities in <br />which such individuals have greater than a 25 percent ownership interest or in which they are an <br />officer or director may not act as contractors or subcontractors for the Subdivision Improvements <br />identified in Paragraph 8 above. <br />11. TIME OF PERFORMANCE. The Developer shall install all required Subdivision <br />Improvements by October 31, 2027 The Developer shall install the bituminous wear course of <br />streets after the first course has weathered a winter season, consistent with warranty <br />requirements, however, final acceptance of the Subdivision Improvements by the City will not be <br />granted until all work is completed, including the final wear course. The Developer may, however, <br />request an extension of time from the City. If the City grants an extension, it shall be conditioned <br />upon updating the Security posted by the Developer to reflect cost increases and amending this <br />Agreement if necessary to reflect the extended completion date. Final wear course placement <br />outside of this time frame must have the written approval of the City Engineer. <br />12. MAINTENANCE DURING CONSTRUCTION. The Developer shall be responsible for <br />all maintenance of the Subdivision Improvements until the public Subdivision Improvements are <br />accepted by the City in writing. The Developer also is responsible to locate all underground <br />utilities until the Subdivision is accepted in writing by the City. Warning signs shall be placed by <br />the Developer when hazards develop in streets to prevent the public from traveling on same and