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<br />7 <br />maintenance bonds are furnished to the City or until the warranty period expires, whichever first <br />occurs. The retainage may be used to pay for warranty work, grading, erosion control, and as built <br />survey escrow. <br /> <br />(04) Water Availability Charges. Developer shall pay the Water Availability Charge identified in <br />the city’s fee schedule at the time of Final Plat recording. The current amount is Twenty Five <br />Thousand, Five Hundred Sixty and 00/100 dollars ($25,560.00), ($355 per lot). The balance of <br />Water Availability Charges per unit shall be paid at the time of building permit, by the permit <br />applicant. <br />(05) Surface Water Management Fee. Developer shall pay the Surface Water Management fees <br />identified in the city’s fee schedule at the time of Final Plat recording. The current amount is <br />Seventeen Thousand, Two Hundred Eighty and 00/100 dollars ($17,280.00), ($240.00 per lot) for <br />each lot in the Subdivision prior to release of the final plat for recording. <br />9. Responsibility for Costs. <br />(01) Except as otherwise specified herein, the Developer shall pay all costs incurred by it or the <br />City in conjunction with the development of the Subdivision, including but not limited to Soil and <br />Water Conservation District charges, legal, planning, engineering and construction observation <br />inspection expenses incurred in connection with approval and acceptance of the plat, the preparation <br />of this Agreement, review of construction plans and documents, the payment of fines and penalties <br />imposed on the city as a result of non-compliance with any permit or failure to obtain necessary <br />permits, and all costs and expenses incurred by the City in monitoring and inspecting development of <br />the Subdivision. <br />(02) The Developer shall hold the City and its officers, employees, and agents harmless from <br />claims made by itself and third parties for damages sustained or costs incurred resulting from plat <br />approval of the Development. The Developer shall indemnify the City and its officers, employees, <br />and agents for all costs, damages, or expenses which the City may pay or incur in consequence of <br />such claims, including attorneys’ fees. <br />(03) The Developer shall reimburse the City for costs incurred in the enforcement of this <br />Agreement, including engineering and attorneys’ fees. <br />(04) The Developer shall pay, or cause to be paid when due, and in any event before any penalty <br />is attached, all special assessments referred to in this Agreement. This is a personal obligation of the <br />Developer and shall continue in full force and effect even if the Developer sells one or more lots, the <br />entire plat, or any part of it. <br />(05) The Developer shall pay in full all bills submitted to it by the City for obligations incurred <br />under this Agreement within thirty (30) days after receipt. If the bills are not paid on time, the City <br />may halt development and construction within the Subdivision until the bills are paid in full. Bills not <br />paid within thirty (30) days shall accrue interest at the rate of eighteen percent (18%) per year. <br />(06) In addition to the charges and special assessments referred to herein, other charges and <br />special assessments may be imposed such as but not limited to sewer availability charges (“SAC”), <br />Municipal water connection charges, City sewer connection charges, and building permit fees.