Agenda - Council - 04/25/1989 - Laserfiche WebLink

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The use of such trails shall be limited to those uses generally permitted on multi- use trails in the City from time to time but specifically excluding motorized vehicular uses. Fee title to the permanent easement described above shall be dedicated to the City upon the platting of those portions of Outlots B or C, Northfork which are abutting the said described easement. 15. The City shall not allow the storage or parking of horse trailers or the unloading or loading of horses on any of the properties encumbered by the terms of the Agreement or the ADDENDUM or adjacent thereto unless otherwise mutuaJly agreed by the parties. 16o Provided the Developer causes an open to the public golf course to be constructed in the Northfork PUD and provided the Developer conveys to the Northfork Homeowners Association those portions of Outlot C, Northfork, not otherwise conveyed to individual lot owners or the City, no cash park dedication shall be required under the terms of Paragraph 5 of the Agreement. As security for the performance of the above the City shall require the escrow of S250,00 for each lot covered by Paragraph 5 of the Agreement and proof that $250.O0 has been paid to the Northfork Homeowners pursuant to the Homeowners agreement with Developer. Monies escrowed with the City sba1! be placed in an interest bearing account and returned to Developer upon Developer's completion of its obligations under the terms of this paragraph. 17. On or before the final platting of no more than 125 lots, Developer and the City shall determine the locetion of the neighborhood parks indicated in Paragraph Sa of the Agreement. It is understood that such parks ~y be located in areas other than as indicated in the A~reemen: ~n~ that such two a~res could be c~ne~Idicat~d into one perk. 18. All other terms and conditions of the Ac~reement not in conflict with the terms