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3 <br />C <br />OuClot B is platted for future roadway purjH^ses and shall remain as a <br />separate tax parcel until such time (Xulot C is further developed. In the <br />event that Outlet C is further developed w ithout the need for use of Outlet <br />B as roadway access, then Outlet B may be legally combined with an <br />adjacent property. <br />Outlets A. B and C shall remain in common ownership until Outlet C is <br />further developed. <br />Outlet A is considered as an unbuildable remainder parcel and upon <br />devcl ipment of Outlet C, Outlet A shall oe either combined with Outlo* <br />B and Lot 1 if Outlet B is not used lor road purposes, or Outlet A shall <br />be legally combined with l^t 1. Block 1. Bayview Fanns in the event that <br />Outlet B IS used for roadway purposes. <br />Outlet C is created for future development only, and no building permits <br />shall be issued for Outlet C until such time that it is repi^ned into one or <br />more bui.Jable lots. <br />The agreement betwet.i Mr and Mis. Olson, N ■ and Mrs. Geltre, and K-I <br />Properties Inc. attached to this resolution as Fxhibit A shall not be revised or <br />terminated without approval of the City Council. <br />In the event that Outlot B is used as an access road serving a future development <br />in Outlot C, the residence on Lot 1 shall revise its driveway location onto sai«l <br />outlot road wav and eliminate direct access to Bayside Road. <br />4. A driveway easement over Outlot B shall be granted in tavor of l,x)t 1. <br />Pace 4 of 7