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address the park dedication or cash donation requirements for <br /> <br />- 2 - <br /> <br />I <br />I <br />I <br /> <br />all of the remaining development phases of the Northfork PUD; <br />and <br /> <br /> %q/EKF-A;S, the Developer presently has fee title to <br />approximately 1]00 acres contained %'ithin the Nor:h~o.k PUD, <br />exclusive of~ that portion of said PUD platted as NORTHFORK; <br /> <br />I <br />I <br />I <br /> <br />and <br /> <br /> WHEREA,S, the City Code permits the City to require E%- <br /> <br />10% of the s~id 1]00 acres in the PUD to be dedicated for Park <br />purposes, for a possible park land dedication of 88 to 110 acres. <br />In addition, the code requires that in all PUD's at leash 20% of <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />the gross land area be sec aside for private or public open <br />space air re~reational uses; and <br /> <br /> WttEP~EAS, ~he City does at ~his time have specific park <br /> <br />use plans reguirlng the dedication of 35 .acres of land in the PUD <br />for park purposes; and <br /> <br /> %qIER~AS, %'ithin the PUD is a private lake consisting of <br />apprc~:imate!y !!0 acres and a orivate green' soace area consisting <br />of appro~:imaz, e!y I00 acres. <br /> <br /> ~OW TEET~EFOP. E, BE IT AGF~EED E~ AHD BET~EEN TEE <br />FA~TIES EEF. tlTO AS FOLLOWS: <br /> <br />I <br />I <br />I <br />I <br />I <br /> <br /> tl.'._.~ Deve;_cper prior ;o the recording' cf ;he o!a-. c'-' <br />c'-~04D ~'i!~ convey to tlne Cit~? '=.y Quit C!ai-~ Deed, a <br /> <br />oeroe:ua! eas~ement to t'~e fc.!io-~-ing : -'~- <br />. . .. ~e==='_~} des=ribed property <br /> <br />!o=ated vinhin the-':'.-~D, t~-'-it:~ ~ <br /> <br />.~.' 60.00 foot wi6e oarmane.-.t eas=~=-~ ---.-.- --ail murocses <br />over, under ~nd a~- . .... . . <br /> = ~ oss -'-.= =~.'.' ~ o','!ng des-rlba~ ~rooerry: <br /> <br /> <br />