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Marshan Meadows <br /> Development Contract <br /> 3-13-2006 <br /> 10. The entry monument sign must comply with the sign ordinance. The <br /> developer must submit information regarding ownership and maintenance <br /> responsibilities for the monument sign. This must be provided prior to <br /> city council review of the final plat. <br /> 11. The developer shall ensure that tree species near ponds are viable in those <br /> locations. <br /> 12. Concrete sidewalks shall be constructed by the developer within the street <br /> rights of way along the east side of Stage Coach Trail and the north side of <br /> Park Court. <br /> 13. Special Blanding's Turtle signage and other measures recommended by <br /> the DNR shall be observed by the developer during construction. <br /> 14. The project shall not be final platted until 2006, in accordance with the <br /> City's growth management policy. <br /> 15. All trees must be cleared in the Lake Drive right of way. <br /> XIII. 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 /> A. Park dedication in an amount of$41,500.00 shall be paid by the Developer to the <br /> City. <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 12 <br />