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2. Work; Satisfaction of City Engineer. All of the work on the required improvements is to be <br />done at the places, with the materials, in the manner, and at the grades, all as shown upon the approved plans <br />and specifications in all material respects, and to the reasonable satisfaction of the City Engineer. <br />3. Work; Inspections; Fees. The City Engineer or his designee shall inspect all of the <br />improvements made pursuant hereto to determine that they comply with all City regulations. Concurrently <br />with the execution of this agreement, the Owner shall deposit with the City the sum of Fifteen Thousand <br />DOLLARS ($15,000) to cover the cost of design review and inspection of the improvements. Owner hereby <br />agrees to increase the amount of the deposit to pay City the actual cost of inspection if such costs should <br />exceed the original deposit. <br />4. Modification for Unforeseeable Circumstances. Owner reserves the right to modify said <br />plans and specifications as the development progresses should unforeseen conditions occur, providing <br />written approval is first obtained from the City Engineer. The City shall bear no responsibility whatsoever <br />for work performed and rejected by the City Engineer. City reserves the right to make reasonable <br />modifications to the plans and specifications whenever field conditions and/or public safety require such <br />modifications. Owner shall pay City for all actual and reasonable costs incurred in plan checking and <br />inspection resulting from said modifications. <br />5. Work; Time for Commencement and Perfonnance. City hereby fixes the time for the <br />commencement of the required work to be on or before the 18th day of <br />December 2017, and for its completion to be on the 18th day of December 2018. At least 15 calendar days <br />prior to the commencement of work hereunder, Owner shall notify the City Engineer in writing of the date <br />fixed by Owner for commencement thereof, in order that the City Engineer shall be able to provide services <br />for inspection. <br />6. Location of Construction Yard. Owner agrees to locate any construction yard for the <br />storage of equipment, vehicles, supplies and materials, or the preparation or fabrication thereof, to be used in <br />connection with the installation of improvements for said project or the construction of buildings therein, in <br />STANDARD PUBLIC IMPROVEMENT AGREEMENT Page 2of14