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• <br />Development Contract <br />Ravens Hollow <br />mail in accordance with the above. The addresses of the parties hereto are as <br />set forth on Page 1 until changed by notice given as above. <br />C. Final Plat Approval <br />1. The City agrees to give final approval to the plat of the Subdivision in <br />accordance with section VII upon execution and delivery of this agreement <br />and all required petitions, bonds, security, and documents including the <br />following: <br />a) Review and approval of a Homeowner's Association agreement, <br />which includes provisions for the operation and maintenance of all <br />signage and buffer areas. <br />b) Review and approval of informational brochure including Best <br />Management Practices with regard to buffer and wetland area <br />requirements. <br />c) Receipt of warranty deeds or dedication of all outlots proposed to be <br />conveyed to the City. <br />d) Detail of proposed wetland and buffer area signage. <br />e) Receipt of permanent easements covering temporary cul -de -sacs <br />lying outside dedicated right -of -way. <br />f) Receipt of Conservation Easements covering wetland buffer areas. <br />g) <br />Signs shall be installed along all wetland buffer /easement areas. <br />Wetland easements shall extend, at a minimum, 10 feet outward <br />from the delineated wetland boundary. <br />XIII. VIOLATIONSBUILDING 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 />A. Park dedication for Ravens Hollow shall consist of both land dedication and a <br />$93,240.00 park dedication fee. <br />page 16 <br />