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An architectural review committee will he established to review all building plans to ensure maintenance of htgh standards and to review the appearance and quality of lhe proposed homes for character and neighborhood consistency. The Developer, Norlh Fork. Inc., seek~ t. create the highest reasonable qualtty in this proposal and to ensure the future qualtty by Incorporating the archi- tectural review co,m~tttee, the Homeowner'~ Association and lot restrictions and covenents. TIMETAI{LE It is expected that these 42 lots wtll I., d,,veloped and marketed durlng the 1985 to 19~6 seasons, ll(~ne construction sho. ld begin in mid 1985 and continue pursu- ant to market trends. The present markel I~ favorable for new home construction and these 42 lots, because in part du, ~,~ their ideal setting, should market quickly. ULTIMATF OWNERSlt]P The 42 pTa-t-t-ed-d--]-O-t-s will be purchased by Individual parties for hone sites. The 66 ft. public roadway from existing Jarvts Street to the eastern extremities of the platted lots will be dedicated to the City of Ramsey for public access purposes. This roadway, named White Tall Trail, will be improved to acceptable City design standards as identified in the final engineering plans on file at the City offices. Outlots A and I~ as noted previously will be owned and maintained by the Home- owner's Association. Outlots C and D will be owned and maintained by North Fork, Inc. An access easement for roadway and pedestrian use will be granted over Outlots C and D from T.H. 10 to the proposed terminus of White TaJl Trail. POPULATION PROJE£TIONS Assuming each T~J~--lq--purchased by an In,II,Ideal private party for a single home site, 42 dwellinus wlll eventually occupy thf~ site area. The projected popula- tion would be in the range of 2.1 - J,| i~ersons per household or 113 to 130 persons in the development at completto., Also assumed is a family profile of two adult parents and .7 to 1.1 children averaged per household; the school age population would be in the range of 30 to 41. MUNICIPAL PARTICIPATION The City of Ramsey is expected to participate as the regulatory agency and final approval body for the subdivision and acceptance of the public roadway. It is expected that the City will maintain all public facilities in normal and routine fashion including roadway maintenance and snow removal to mention the obvious. The developer will enter into a develoFwnent agreement with the City and post surety bonds relative to public improvement projects on the site. All private septic systems and water wells will be sited and constructed on private home sites in accordance with local and state regulations. -2-