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EXHIBIT B <br />CONDITIONS OF APPROVAL <br />1. A Development Agreement must be signed by the city and developer prior to releasing <br />the final plat for recording. <br />2. Park Dedication shall be paid in the amount required by the city when the Final Plat is <br />released for recording (currently $1,425.93/lot). <br />3. Surface Water Management Impact Fee be paid in the amount required by the city when <br />the Final Plat is released for recording (currently $240/lot). <br />4. Water Availability Charge shall be paid in the amount required by the city when the Final <br />Plat is released for recording (currently $355/ plumbing unit). <br />5. A Letter of Credit shall be provided to the city in the amount of 100% of the costs of the <br />public improvements. <br />6. Upon completion of all improvements and acceptance by the city, a security or warranty <br />in a form acceptable to the city engineer must be secured. <br />7. Development Plan shall be approved by the city engineer prior to issuance of building <br />permits. <br />8. Staff approval of all updated plans. <br />9. All mail boxes shall be clustered. <br />10. Any item or condition found that indicates the site is likely to yield information important <br />to pre -history or history shall be reported to the city immediately. Further, the city <br />reserves the right to stop work <br />rartaE� �r <br />ATURE <br />