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4. Construction of Improvements: <br />A. Commencement Date - The construction of <br />Improvements shall begin no later than <br />(Under construction) <br />B. Completion Date - All Improvements shall be <br />completed no later than <br />C. Contractors - The Developer shall select, <br />retain and supervise the Contractor(s) responsible <br />for Improvement construction. The City reserves <br />the right to require satisfactory proof of successful <br />experience and adequate financial status of any such <br />contractor. Where required by City ordinance, the <br />contractor shall first obtain a license from the City. <br />D. PreConstruction Conference - Prior to the start <br />of any construction, the Developer and the Developer's <br />Contractor shall meet with the responsible City official <br />to review construction plans and schedules. <br />E. Permits - Prior to the start of any construction, <br />the Developer's Contractor shall apply for and receive <br />all necessary permits from the City and/or government <br />agencies having jurisdiction. <br />F. Construction - The construction, installation and <br />materials shall be in accordance with the plans and <br />specifications approved by the City. <br />G. Insurance - The Developer will cause each person <br />who constructs and installs any Improvement to maintain <br />complete insurance coverage including Workmen's <br />Compensation, Liability and Property Damage. <br />Initials of Developer <br />Initials of City Clerk <br />Paqu 3 of 7 <br />