3.0 AML Teadway imyrovements and utilities, including water, sewer,

gas, teiesk and electricity shall be placed, Provided, and constructed
in cocpliance with and according to the Plans prepa~. by the Developer
and approved by the City Engineer,

12. The Developer covenants and agrees to apoly for a building permic
under the provisions of the "City of Pore Coquitlam Yullding and Plumbing
Code Administration Sylaw, 1974, No. 1298" and pay the requisice building
pernit and plumbing permit fees prescribed thesela plus the sum of
$1,200.00 which said suz Che City shall credit to the Naterworke Utility
Capical Yeplacezcat Fund.

13. (a) Jo factlirate the gee and development of the land, the Developer
Covenints znd agrees ty provide, construct, and install such off-gite

Works and services ag are deemed necessary by the Engineer to setve the
land and the developzent thereon, and to pay for the entire cost of the

completion of the aforesald off-site works and Services. The said off-
tite works and services shall be completed to the satisfaction of the
Engineer in accordance with plans and Specifications as approved by the
Engineer prior to the granting of necessary approval and occupancy
pernits by the “ppropriate officer of the Municipality, Without Limiting
the generality of the foregoing, these offsite works and wervices shall
include those itens set out in Sectiyn "A" og Appendix 8 hereto. In
addition, the Developer covenants and agrees to pay to the Munictpaliry
the entire cost of connecting all required water, storm, ond senitary
Sewer services to the said buildings.

{b) As security for the due cnd Proper performance of the landscape

plan (L1) attached hereto aS Appendix 6 the Developer covenants and agrees

to deposit with the Municipality by Letter of Credit the sum of

érawn on the Granville Square Branch of che Bank of Montreal. The
Municipality acknovledges that it tay take a period of several years to
complete the landscaping details in Appendix 6'and that the amount of the
Letter of Credit tay be altered from time to time to reflect the Progress
made in completing the landscape plan aforesaid.

(c) As security for the due and Proper performance of all the covenants

and agreesents in this contract contained (except the landscaping herein-

before referred to) the Developer covenants and agrees to deposit with the

Municipality by Leteor af Credit the sum of $82,000.00 drawn on the
Granville Squore Branch of the Bank of Nontrealt
(d) The Developer agrees thet {Ff the aforesaid landscaping, off-site

worka, and services are not corpleted or made in accordance with the terms

“of this agreement, the Municipality may complete the vork or make the pay~

ments at the cost of the Developer and deduct fron the deposit held by the
Municipality the cost of such completion or Payment, and the balance of
the deposit shall be returned to the Developer, less any administration
fees required, If there is insuffictent money on deposit with the
Municipality, then the Developer will pay such Geficiency to th. unteipslity
immediately upon receipt of the Municipality's bili for completion.

Tt is understood chat the Municipality way do such work as required to
complete the said works and services either by itself or by Contractors
employed by the Municipality. 1£ all the Developer's convenants are
carried out as herein provided, ther the deposit, less adninistration
fees, shall be returned to the Developer,

14. The Developer further covenants and agrees to contribute forthwith
to the Municipality the sum of $22,922.00, being the net total of those
@mounts set out in Secticn "B" of Appendix 8 hereto, required to defray
the excessive coats incurred by the Municipality for the Purposes set

out herein and which the Municipality covenants and agrees to apply tc
the cost of those works and services set out. in the said Section "B" of
Appendix 8 hereto,

15. The Developer covenants and agrees nse to deposit any material or
debris upon any roads during fhe construction of the said work and to
continuously carry on che construction of the said work in @ good and
Proper workmanlike manner causing as little disturbance to neighbouring
Properties as is reasonable under the circumstances. In the event chat
any material or debris should be deposited upon any road during the
construction of the work or should the construction by the Developer
constitute a nuisance to neighbouring properties of the work the Develcper
covenants and agrees that the Municipality may forthwith renove such
material or debris or put right such nuisance at the expense of the
Developer, the cost thereof to be determined by the Engincer. In the
event that construction of the vork ceases for any period of ‘eine in
excess of thirty days the Developer covenants and agrees that the Municipality

aay forthwith entei: upon the property and construct theroon a solid

iamks RAMOS REA Mn eee SERA Rars

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