Development Contract for Shoreline Estates

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• City of Orono for Building Permits • MCWD for erosion control permit and storm water management permit • General Construction Permit (NPDES: National Pollutant Discharge Elimination System) from MPCA • Sewer Extension Permit Approved by MCES and MPCA 11. DEWATERING. Due to the variable nature of groundwater levels and stormwater flows, it will be the Developer's and the Developer's contractors' and subcontractors' responsibility to satisfy themselves with regard to the elevation of groundwater in the area and the level of effort needed to perform dewatering and storm flow routing operations. All dewatering shall be in accordance with all applicable county, state, and federal rules and regulations. DNR regulations regarding appropriations permits shall also be strictly followed. 12. TIME OF PERFORMANCE. The Developer shall install all Improvements as contemplated by Section 8 and the approved Plans by December 31, 2022, with the exception of the final wear course of asphalt on streets.The final wear course on streets shall be installed between August 15th and September 15th the first summer after the base layer of asphalt has been in place one freeze thaw cycle. The Developer may,however, request an extension of time from the City. If an extension is granted,it shall be conditioned upon updating the"security"to reflect cost increases and the extended completion date. Final wear course placement must have the written approval of the City Engineer,and may be delayed or scheduled at any time of the year based upon existing site conditions at the discretion of the City Engineer. 13. LICENSE. The Developer hereby grants the City, its agents, employees, officers, and contractors a license to enter the Land to perform all work and inspections deemed appropriate by the City in conjunction with development of the Land. 5 278322 218300v1