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Lino Lakes Development (White Pine Senior Living) <br />Development Contract <br />November 24, 2014 <br />XIII. PARK DEDICATION <br />a. The Park Dedication fee for the Lino Lakes Development is calculated as follows: <br />1.9 acres x $2,175 = $4,133 <br />XIV. 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 <br />the cost of said property taxes. <br />page 11 <br />