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address the park dedication or cash dona:ion requiremen~ for <br /> all of the remaining developmen: phases of ~he Kor:hfork PUD; <br /> <br /> %q/EF. ELS, :he Developer presently has fee title ~o <br /> appro;:imatel), 1100 acres con:ained %'i~hin :he );or:hfork PUD, <br /> e::clusive of ~ha~ per:ion of said PUD pla::ed as NOETHFO~K; <br /> and <br /> <br /> %~E~EAS, uhe City Code permits :he Ci:y ~ require <br /> <br />10% of ~he said 1]00 acres in ~he PUD ~o be dedicated for park <br />purposes, for a possible park land degica:ion of 88 to 110 acres. <br />in addi:ion, ~he code requires :ha: in all PUD's a: leas: <br />%he gross land area be se% aside for prlva:e er public open <br />space air recreational uses; and <br /> <br /> WEE~EAS, :ha Ci:y does at ~h!s :ime have specific park <br /> <br />use plans requiring %he declination cf Z5 acres of land in the PUD <br />for park purposes; and <br /> <br /> %~EF.~AS, %'ithin ~he PUD is a prlva:e lake consis:ing o <br />apprc~:iua=ely ~. ~.0 a:ras and a .=riva=e green' space area' <br />cf apprc~:ima=ely !00 acres. <br /> <br /> __S EEF. ETO AS FOLLOVS. <br /> <br /> <br />