Development Contract for Shoreline Estates

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incorporate as a minimum the following elements: no structures allowed, no fences, no domestic animals(i.e.no horses,sheep,chickens,etc.),no tree or vegetation removal except by special permit for maintenance or as part of an approved vegetation management plan, no excavating or earth movement. Permanent markers of a design and material acceptable to the City shall be placed at all points where the easement boundary intersects a lot boundary or where the easement boundary line changes direction. The recording of the Plat and the Conservation Easement shall be conclusive evidence of the satisfaction of this special provision. The Developer is advised that MCWD- imposed wetland buffers shall be adhered to. J. The Developer shall submit Homeowners Association documents to provide for the maintenance, including snow removal and landscaping, of the private road and cul de sac island. K. Developer shall cause Outlots A, B, and C to be combined with lots 3, 2, and 1, respectively, immediately following plat recording. Developer shall record a Special Lot Combination Agreement for each paired lot and Outlot. Developer acknowledges that no building permit will be issued until confirmation of such combination has been presented to the City. L. Developer shall provide a Declaration of Pedestrian Easement over Outlots A, B, and C for the benefit of Lots 1, 2, and 3, Block 1. M. Developer shall record a Tree Preservation Easement to protect vegetation on certain portions of the lots. 26. SUMMARY OF SECURITY REQUIREMENTS. To guarantee compliance with the terms of this Contract, payment of the costs of all Improvements and construction of all Improvements, the Developer shall furnish the City with a letter of credit, in the form attached hereto (the "security"), from a bank for 125% of the cost of the Improvements, including any 11 278322 218300v1