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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. Water Availability Charge shall be paid in the amount required by the city when the Final <br />Plat is released for recording (currently $368/ plumbing unit). <br />3. A Letter of Credit shall be provided to the city in the amount of 100% of the costs of <br />the public improvements. <br />4. 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 />5. Development Plan shall be approved by the city engineer prior to issuance of building <br />permits. <br />6. Any item or condition found that indicates the site is likely to yield information <br />important to pre -history or history shall be reported to the city immediately. Further, the <br />city reserves the right to stop work authorized in its approval until the site is <br />appropriately investigated and work is authorized. <br />P 0 11 E O E 0 B Y <br />NATUR <br />