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i <br /> � <br /> � <br /> Development Agreement. Consiruction costs may also include engineering estimates �nd <br /> plans as well as labor and materials for any repairs or maiters completed. <br /> 3. REQUII2ED IMPROVEM�NTS. The following items need completion prior to <br /> rinal approval by the City as set forth herein and as deiailecl on the attached plans: <br /> i. �stablishment of buffer areas as shown in the approved plans by Dale <br /> Gustafson dated.lune 4, 2006. <br /> 4. llIS13URSEMENT FROM ESCROW ACCOUNT. If the City suspects or knows <br /> of any matter cited above that is not completed correctly and in a timely fashion, it shall first <br /> malce clemand of the Property Ovv�zers to maI<e any necessary repairs or to tal<e other prudent <br /> reme�i�al meas�.res v,�itl;in a 5 day ti.�:� p�i:o�i. ?f the Prn�e:-iy Ovv�,ers are ur.��illins or <br /> Lnlable to honor this agreement as determined by the City, the City may draw fi•om the <br /> �scrow Account, 1s necessaty. The remedies afforded to the City under this agreemant <br /> shall be in acidition to any other remedies which the City may be entitled by law or equity <br /> or other agreement. <br /> 5. CLOSING ESCROW. The escrow, less any eligible expenses, shall be returned <br /> to the Pt•operty Owners two growing seasons after planting if the planting is successful. <br /> If substantial portions of the plantings are not successful after one planting season the <br /> City m1y liold the escrow for an additional planting season. If substantial portions of the <br /> plantings are noi successful after• two planting seasons the City may hold the escrow foi• <br /> two additional planting seasons. <br /> 6. ACCESS TO PROP�RTY. The Property Owners hereby grant to the City, its <br /> agents and its employees, the right to enter on the Property for tl�e specific purpose of <br /> inspecting or completing the revegetation of the buffer should the Property Owners not <br /> complete the work by the specified dates. <br /> CITY OF ORONO <br /> . � � � <br /> � <br /> B Y; `"- � <br /> IT'S F',,,�%,�:/n' � �� =�'��n,�'� <br /> PROPERTY OWN�RS <br /> � �� <br /> ^y��� <br /> 2 <br />