Approval Process The lot owner or his agent must submit to the Approving Agent two sets of Development Plans as described above, together with an irrevocable letter of credit for 15% of the estimated landscaping cost. The letter of credit must be issued in connection with the construction, installation and completion of Landscaping works at (Legal description of the lot) to the complete satisfaction of the Approving Agent, in accordance with the Declaration of Building Scheme registered on title to the land." The letter of credit must be irrevocable for a period of one year from date of issue or such earlier time as may be agreed to by the Approving Agent. The Approving Agent will review the Development Plans. If revisions are required to the submission, then required changes will be discussed with the applicant to be incorporated into revised Development Plans. When the Approving Agent is satisfied that Development Plans conform to these guidelines, the drawing and specifications will be stamped "reviewed" and signed and dated by the Approving Agent. A letter will be prepared by the Approving Agent (appendix A and B) which together with one set of the stamped drawings will be submitted by the lot owner the City of Port Coquitlam for the normal municipal process. After all construction including landscaping is completed, the Approving Agent will make a final inspection of the extericr portions of the site and will submit an inspection report to the lot owner. If there are deficiencies, then if and when they are corrected the letter of credit'will be retuned. PCI Group Christopher Bozyk Architecis Lid.