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(b}
<br />
<br />Parkland is legally described os the attached Exhibi,:
<br />supersedes and ~ i~ ~
<br /> , r~p,~c~s the definition o6 Parkland set
<br />A~re~men~.
<br />
<br />A. This definmon
<br />fi,~Xh in the Master
<br />
<br />~f~:;~r~[s:a:d:an.~.T~a-~i P~lan, Parkland and i ra~, Plan" means the Parkland and Trail
<br /> Plan on the ar~tachedt~.xhjh'it Blt:-. Th~s'definition supersedes and replaces th~
<br /> definition o[ Parkland and Trail Plan set forth [n the Master A~eement.
<br />
<br />(c) Parkland Pha~e. "Parkland Phase" and "Parkland Phases" haw the meanings set
<br /> ~,o~, m Section '4.; of this A~eement.
<br />
<br /> A_R. TiCLE 3
<br />CON-VEY,ai'qCE (-DF
<br />
<br /> 3.! . CONW'EYANCE OF P,,-~Ki.,~N,-D TO CITY. Contemporaneously with the
<br />execution of this A~eement, the Developer is conveying the Parkland to the City. Title to the
<br />Parkland must b~ marketable except for public drainage and utility easements w~ch do not
<br />interfere with the City's uss of the Parkland for park pu~oses. Contemporsnsously with the
<br />
<br />with respect to the Parkland whether or not such real estate taxes and special assessments are due
<br />and payable at the rime of conveyance.
<br />
<br /> 4. i CONSTRUCTION OF PAP,_KLANT) IiVLPROVEMENTS. :_.....Y..'..ne..,.~ ark!and-and.
<br />:-:~-.:;~!~.~ a,~.-acne~as ExhJbtt B describes the improvements the Developer is obligated to construct on
<br /> each Parcel of the Parkland and estabtishes the construction commencement dat~-and
<br /> constr'action completion dare for each phase of those inxprovemenrs {'each a "Parkland Phase",
<br /> and collectively, the "Parkland Phases"). Subject to "Force Majeure," the Developer is obligated
<br /> to commence and complete the consr~ction of the improvements for each Parkland Phase on or
<br /> before the applicab[e construction cormmencement and construction comp'lotion dare established
<br /> tbr such Parkland Phase in the Parkland and Trail Plan. For purposes of this Section 4.1, the
<br /> term "Force Majeure" has the meaning set forth in Section 2.1(ual of' tl,e Master Ag~reement. The
<br /> Developer's defense and indemnification obligations under A.~nticle i3 of the Master A~eement
<br /> apply to the Developers construction of the improvements described in the Park and Trail Plan
<br /> and apply to tl~e Developer's failure to peribrm any obligation this A~eement in¢oses upon the
<br /> Developer.
<br />
<br /> ,'~r<'-i'i C LE 5
<br />CP,_ED_rT FOP._ P3i~31LANT~ AP~> PAP31LAN~, IMPROVEMENTS AGA~fST THE CITY'S
<br />
<br />P,~,K DED ICAT!ON RZQU!RENfENTS
<br />
<br />5. i Or'=D~'_ ~z ~ ~ FOR QT ..... m, cr:r-,~_,_ .... [ INNT .P &PJ?,iL/%N~). ~'[PROVEMENTS AGAINST
<br />
<br />,~m~_ CIT'/'q ¢ a,;~'"~ ,x>.m, F:KD LAT[cIq ~gOi [psN,'[ENTS As stated tn Section 4.1! ot tire
<br />Master Am'cement._ the Pe.~(~'2 Controls requu'e the sa,anent, . o? park and trail ~e~r ~, m connection
<br />x,,,~tln~ r. he Deveiopnnem ,-,,' ~he 5ubiect_ Prope~!.' *'~ nc-~ Cit,,, and tae L,ev~tc,pcr agree that the City_
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<br /> '~ o303
<br />-340-
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