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EXHIBIT C <br />PLAN B IMPROVEMENT COSTS AND SECURITY REQUIREMENTS <br />Plan B Improvement Costs consist of all estimated costs necessary to implement the realignment <br />of the existing emergency overflow outlet storm sewer pipe described in the Development <br />Agreement, specifically: <br />Engineering: $8,500.00 <br />Design: Included in Engineering. <br />Inspection: $2,500.00 <br />Testing: $0.00 <br />Surveying: $1,500.00 <br />Legal: $4,500.00 <br />Administrative costs: $3,000.00 <br />Construction: $75,000.00 <br />Restoration: Included in Construction. <br />Financing: N/A <br />Total Estimated Plan B Improvement Costs: $95,000.00 <br />Security Requirement (125% of Total Plan B Improvement Costs): $118,750.00 <br />C-1 <br />623964v4 <br />