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Development Contract— Site Grading Only <br /> Pine Glen <br /> March 13, 2006 <br /> a) Phase 1 of the project including 40 residential lots can not be final <br /> platted until 2006. The final plat for phase 2 of the project <br /> including 32 residential lots can not be final platted until 2007. <br /> b) A sign must be provided at the northern terminus of Street C and <br /> the southern terminus of Street B that indicate that the road is <br /> intended to continue in the future. <br /> c) Homeowner's Association documentation must be submitted with <br /> the final plat application. <br /> d) Park dedication fees must be paid in accordance with the city fee <br /> schedule. <br /> e) A site and building plan review must be completed for both of the <br /> commercial lots prior to any commercial activities on those sites. <br /> f) All existing structures must be removed prior to the approval of a <br /> final plat for any portion of Phase 1. Demolition permits must be <br /> obtained prior to the demolition of any structures. <br /> g) 4.08 acres of commercial MUSA is here by allocated to the <br /> commercial portion of the site. <br /> h) 15.4 acres of residential MUSA reserve in year 2005, 5.1 acres of <br /> residential MUSA reserve in year 2006 is here by allocated for <br /> Phase I of the residential portion of the site. <br /> i) 19.8 acres of residential MUSA reserve in 2007 is here by <br /> allocated for Phase II of the residential portion of the site. <br /> j) City native seed mix must be used in all drainage ponds and wet <br /> areas and a 3 year management plan must be established with a <br /> reputable management company. <br /> k) Right of way for Lake Drive shall be dedicated as 60 feet from <br /> centerline. <br /> 1) A 15 foot wide trail easement along Lake Drive will need to be <br /> dedicated to the city prior to the City Council approving any final <br /> plat for the project. This easement will need to be outside the <br /> ultimate right-of-way width for Lake Drive. <br /> page 12 <br />