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<br />Developer Agreement <br />Trott Brook Farms 12th <br />Page 5 <br /> <br />identified in the Cost estimate form attached as EXHIBIT D hereto, except as may <br />otherwise be set forth in this Agreement The installation of the Improvements shall be <br />subject to review, approval, inspection and authorization by the City and/or its consulting <br />engineer, as provided in this agreement. <br /> <br />(02) Deadline for Performance by Developer - Except as otherwise provided herein, <br />Developer agrees to complete all Improvements and perform all other acts as are required <br />by the Subdivision Ordinance, other applicable ordinances and the terms and conditions of <br />this Agreement, and resolution No. 06 - 83 and to do so on or before December 31, 2008. <br /> <br />(03) Approval of Contractor - The City reserves the right to approve any contractor <br />selected by the Developer. <br /> <br />(04) Construction Plans - The construction, installation, materials and equipment shall <br />be in accordance with plans and specifications approved by the City Engineer. Such plans <br />and specifications shall be based upon such engineering surveys, including soil borings and <br />material tests, determined to be necessary by the City Engineer. <br /> <br />(05) Supervision and City Services - Construction and installation plans and activity shall <br />be reviewed by and subject to the supervision of the City. Developer will cause the <br />contractor(s) to inform the City's representatives of the schedule to complete the <br />Improvements as required in the approvals. City shall inspect all Improvements during and <br />after construction for compliance with approved specifications. Developer will notify the <br />City Engineer or his designee at such times during construction as the City Engineer <br />requires for inspection purposes. <br /> <br />(06) City Costs - Developer shall reimburse the City for all the City's costs and expenses <br />incurred in the processing of the Subdivision and for review of plans and construction <br />observation, which compensation shall be due and payable to the City within thirty (30) days <br />following the receipt of a statement therefore. To assist in the timely reimbursement of <br />these costs and expenses, the Developer shall escrow funds in the amount of $23,804.82 <br />(five (5) percent of the estimated cost of the Improvements, as set forth in EXHIBIT D), <br />to be applied to the City's costs and expenses. <br /> <br />(07) Easements - The Developer shall convey to the City, prior to the final approval of <br />plans and specifications and at no cost to the City, all permanent and temporary easements <br />for the installation and maintenance of all Improvements determined to be necessary by the <br />City. All such easements shall be in recordable form acceptable to the City and contain such <br />terms and conditions as the City may prescribe. <br /> <br />(08) Insurance - Developer shall cause each contractor engaged in the construction and <br />installation of any Improvement to furnish the City with evidence acceptable to the City <br />showing insurance coverage (including workers' compensation, liability and property <br />damage) in such amounts as are required for City construction contracts. Developer shall <br />also maintain adequate liability insurance for public use of Streets, Sidewalk and other <br />Improvements until such time as those Improvements are completed and accepted by City <br />as provided herein, and shall hold the City harmless and indemnify the City from any liability <br />arising out of the public's use of said Improvements until such time as those Improvements <br />are accepted by the City as provided herein. <br /> <br />(09) Faithful Performance of Construction Contracts - Developer will fully and faithfully <br />perform the installation and construction of the Improvements in accordance with the <br /> <br />S:\PLANNING\Case Files\2006\Plat\P 06-11 Trott Brook Farms 12th\Trott Brook 12 Development Agreement.DOC <br />