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Oakwood View — Single Family Lots 1 -7, Block 1, Lots 1 -3, Block 2 <br />Development Agreement <br />7 -25 -2005 <br />XV. PROPERTY TAXES <br />A. Should the recording of the Final Plat occur after July 1, any and all property taxes <br />on any public property dedicated as a part of this plat shall be the responsibility of <br />the Developer. Dollars shall be incorporated into the escrow agreement to cover the <br />cost of said property taxes. <br />page 11 <br />-52- <br />