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Development Contract <br />Millers Crossroads 3rd Addition <br />March 13, 2006 <br />association by laws must address ownership and maintenance of the <br />community monument signs and sign landscaping. <br />2. Exterior lighting fixture must be 90 degree cutoff fixtures: this shall be <br />verified prior to City Council review of a final plat. <br />3. Homeowners association by laws must include a funding mechanism to <br />ensure that any private recreation facility for which the City granted credit <br />toward park dedication is maintained as a recreation facility. The by laws <br />also must address ownership and maintenance of the community monument <br />signs and landscaping. <br />4. Right of entry shall be dedicated to Anoka County along Hodgson Road and <br />Birch Street on the final plat. <br />XI VIOLATIONS/BUILDING PERMITS <br />A. In the event that Developer violates any of the covenants and agreements contained <br />in this Development Contract and to be performed by the Developer, the City, at its <br />option, in addition to the rights and remedies as set out hereunder may refuse to <br />issue building permits and/or Certificate of Occupancies to any property within the <br />Subdivision until such time as such default has been corrected to the satisfaction of <br />the City. <br />XIV. PARK DEDICATION <br />Park dedication in an amount of $66,400.00 shall be paid by the Developer to the <br />City for the 32 units. <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 />-33- <br />