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4. DI5BURSEMENT FROM ESCROW ACCOiTNT. If the City suspects or knows <br /> of any matter cited above that is not completed correctly and in a timely fashion,it sha11 first <br /> make demand of Contractor to make any necessary repairs or to take other prudent remedial <br /> measures within a 5 day time period. If Contractor is unwilling or unable to honor its <br /> agreement as determined by the City, the Ciry may draw from the Escrow Account, as <br /> necessary. The remedies afforded to the City under this agreement shall be in addition to <br /> any other remedies which the City may be entitled by law or equity or other agreement. <br /> 5. CLOSING ESCROW. The escrow, less any eligible expenses, shall be returned <br /> to the Contractor two growing seasons after planting if the planting is successful. If � <br /> substantial portions of the plantings axe not successful after one planting season the City <br /> may hold the escrow for an additional planting season. If substantial portions of the <br /> plantings are not successful after two planting seasons the CiTy may hold the escrow for <br /> two additional planting seasons. <br /> 6. ACCESS TO PROPERTY. By separate document Steven and Elizabeth Bohl, <br /> owners of 300 Stubbs Bay North, have granted to the City, its agents and its employees, <br /> the right to enter on the Property for the specific purpose of inspecting or completing the <br /> revegetation of the buffer should the Contractor not complete the work by the specified <br /> dates. <br /> CITY OF ORONO <br /> BY: <br /> Print name <br /> IT'S <br /> HICKORY FINE HOMES, INC. ,,_, <br /> �- : � `; <br /> BY: _ K �: � ..�: ,� ..,= <br /> �{� � ��• <br /> Print name ��-;�,.,_��,r - ; r..�- <br /> IT'S ' <br /> 300 Stubbs Bay Rd.N. Escrow Agreement <br /> Page 2 <br /> 2 <br />