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Development Agreement No. 86-78 <br />Exhibit 2A <br />Page 3 of 3 <br />23. The Developer shall remove any accessory buildings, <br />existing playground equipment, existing sidewalk, <br />existing bituminous, and other miscellanous equipment <br />from the site by July 1, 1987. <br />24. On each lot- a single family house shall be constructed. <br />25. The Developer shall furnish a $1,000 security for 7 years <br />to guarantee the ponding area and control structure. <br />26. The City may reduce the Developer's security deposit as <br />substantial completion of Red Oak Park plat occurs. <br />27. The Developer's Engineer shall inspect the utility <br />construction. The inspection services shall include an <br />on -site inspector for all underground utility <br />construction. Inspection reports shall be submitted to <br />the City. The Developer shall pay for the inspection <br />services. <br />Date: <br />Date: <br />REVISED 1/7/87 <br />FOR THE CITY: <br />FOR THE DEVELOPER: <br />0 <br />s <br />