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- 2 - <br /> <br /> address the park dedication or cash donation requirements for <br /> all of the remaining development phases of the ~or~hfork PUD; <br /> and <br /> <br /> %q/EF. EAS, the Developer presently has fee title to <br /> approximately l]00 acres contained %'ithin the ~orthfork PUD, <br /> exclusive of tha~ per:ton of said PUD platted as NORTHFOKK; <br /> and <br /> <br /> %q~EKEAS, the City Code permits the City to require <br /> <br /> !0% of the said ll00 acres in the PUD to be dedicated fo'-' 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 a'. leaa~_ 20% of <br /> the gross land area bm se-. aside for private or public open <br /> space air recreational uses; and <br /> <br /> WEEPEAS, ~he City does a% this time have specific park <br /> <br />use plans requiring ~he dedication of ~5 acres of land in ~he PUD <br />for park purposes; and <br /> <br /> %qIEF~{~AS, %'ithin ~he PUD is a private lake consisting of <br />apprc~'imate!y !!0 acres and a private Ereen' space area consisting <br />cf apprc>:imate!y !00 acres. <br /> <br /> NOW TEEP. EFOSE, mE IT AGF~EED Er AA'D EET~'EEN TEE <br />PARTIES EEF. ETO AS FOLLOWS: <br /> <br /> !. ~nat the Developer pr!ct to ~he recording cf ~he pia~ cf <br /> <br />~aro=-ua~. _ _ ecs =-re_nm= ' o -%=_.._ _.__-'-.; ~ o's'in ~ leg =-!!v. .aa-~.-rlbed .--ro~ar--v. <br /> <br /> ' - ' ' = ___em_n for :rail ur.._es <br /> <br /> <br />