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. � � one year warranty period on streets shall commence aRar the final wear oourse has been installed aad . acceQted by the City Council as documented in official City minutes. The Developer shal! post a maintenance bond, [et#er of credit or cash deposit{the "Maintenance Security") in an amount reasonably determined by the City�ngineer. The City Engineer shal(e:tamine the condition af the Improvements when determining the amount of the Nlaintenance Security. The City shall retain ten percent(1Q%)of the security ' until the M�intenance Security is furnislied the City or until the warranty parfod e:tpires, whichever fsrst occurs. The retainage may be used to pay for waaanty work.The City standard specifications for utilities and street construction identify the procedures for final acceptanee af streets and utilities. 27. RESI'ONSIBT�,YT'Y FOR COSTS. � A, Except as othenvise specif'ied herein,the beveloper shall pay all costs �curred by it or the City in conjunction ivith the development of ihe �.and, inc(uding but nat limited to T�ennepin � County Environmenta[ Services and Minnehaha Creek �Vatershed District charges, Iegal, planning, , engineering and inspectiott expenses incurred in connection with approval and acceptance of the Plut, the � preparation of this Contract, review of construction plans and documents, und al! costs and expenses incurred by,the City in monitoring apd inspecting devetopment of the Land, ?he City may draw on the letter of credit provided in pAragraph 24 to pay for any and t�ll cosis or exgenses not promptly reimbursed to � the City by the Developer. B. The Devetoper shap hold the City and its officers,employees,aad agents harruless &om claims made by itself and third parties for damages sustained or costs incurred resulting from PIAt approval and Jeve3opment of ttie Land. The Developer shali indemnify the City and its offecers,employees, and agents for all costs, damages, or expenses whict� the City may pay or incur 'tn consequence of such • claims,including attomeys'fees. • • C. �he Developer shall re'tmburse the City for reasonable costs incurred in the . F . . . enforcement of this Contract,inciuding engineering and attomeys'fees. � � D. The Developer shall pay, or cause to be peid when due, and in any event before any penalty is attached, alt special assessments referred to in this Contract. This is an obligation of the 152891 v03 • � 12 ORONO:Knzc�Two S\�f/srn:rQ7/2312010 (Andrade Land Com�any!MscKinnon) . .