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■ <br />RED OAK PARK <br />DEVELOPMENT AGREEMENT NO. 86-78 <br />EXHIBIT 2A <br />In addition to the foregoing conditions, the developer agrees to <br />the following: <br />1. Payment of all City administrative expenses above and <br />beyond amounts previously submitted. <br />2. Developer shall furnish and install all utilities. <br />3. Developer shall finance utility installation. <br />4. Pay a park dedication fee of $840.00 prior to the City's <br />approval of the subdivision. <br />5. The Developer shall pay assessments for existing <br />utilities on lots that have not previously been assessed <br />for said utilities in the amount of $9,951.89 prior to <br />final plat approval. <br />6. The Developer shall select street names and addresses for <br />the lots in this subdivision and secure approval from the <br />City and the U.S. Post Office prior to approval of the <br />final plat. <br />7. Furnish development agreement security in.the amount of <br />$8,000.00 (16 lots X $500 per lot). <br />8. Obtain City approval of the final plat and provide <br />evidence of recording of said plat at Ramsey County prior <br />to submitting building applications. <br />9. The Developer shall have recorded at Ramsey County on the <br />deeds of Lots99, 10 and 11 a restrictive covenant stating <br />that no structure or fill shall be installed on the :. <br />drainage easement on said lots. Evidence of recording <br />shall be submitted to the City prior to issuing any <br />building permits. <br />10. The Developer shall install all lot corners for a lot <br />prior to issuing a building permit for the lot. <br />11. The Developer shall install temporary pond (as per plan <br />submitted) or install permanent pond prior to issuing a <br />second building permit. <br />City: <br />REVIS6D 1/21/87 <br />Developer: <br />