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D. Signed Buffer Maintenance Agreement. <br /> E. Signed Developers Agr�eement and Letter of Credit for <br /> construction of iinprovenients. The City Engineer shall establish <br /> the amount to be provided in the Letter of Credit. <br /> 3. Plat approval fees to be paid: Total due: $ <br /> A. Final plat fee = $280.00 <br /> B. Legal review & filing fees for subdivision and associated <br /> documents: $250.00 <br /> I. Development Agreement. Development Approval is contingent upon the <br /> successful execution of a Development Agreement between the applicant and the <br /> City. Such Agreement shall address all specific City requirements for the <br /> development. <br /> J. Financial Guarantee. The Development Agreement shall include a financial <br /> guarantee by the applicant to ensure the completion of site improvements. The <br /> City Engineer shall coinplete an estimate of improvement costs, including but not <br /> limited to public and private streets, curb & gutter, stormsewer, landscaping, <br /> grading, erosion control, utilities, trails, and stormwater management facility <br /> construction, and the applicant shall provide to the City a financial guarantee of <br /> 150% of the improvement costs. <br /> K. Storm Water and Drainage Trunk Fee. The standard Storm Water and <br /> Drainage Trurik Fee for residential development shall be paid by the developer <br /> per the 2006 City Fee Schedule. <br /> L. Park Dedication. The Developer shall pay the standard Park Dedication Fee for 8 <br /> new lots per the 2006 City fee Schedule. <br /> M. Sewer and Water Connection Charges. There are no City of Orono sewer and <br /> water corulection charges due because the Developer will be installing a complete <br /> lateral system connecting to existing systenis. The Developer shall be responsible <br /> for any connection chlrges imposed on the City of Orono or on the Developer by <br /> Page 12 of 14 <br />