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Highland Meadows East 2 "d Addition <br />Development Agreement <br />3 -28 -2005 <br />• XIV. PARK DEDICATION <br />• <br />A. Park dedication for Highland Meadows East 2nd Addition will be $1665 per unit <br />for 18 units, which totals $29,970. <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 />-54- <br />