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WHEREAS, two separate light -of -way outlots are shown on <br />the plat for dedication as private roadway, such outlots being <br />designated on the plat as Outlots B and C. Outlots B and C <br />contain the southerly portion of an existing private road serving <br />properties to the west and north of the proposed plat; and <br />WHEREAS, private road Outlot B shall rer Ain owned in <br />common with Outlot A. Outlot A is an 11.2 acre pa _cel intended <br />to remain the ownership of Wayzata Country Club •.nd intended to <br />continue in use as golf course area. Any futice residential <br />development of Outlot A shall require Council appi-val; and <br />WHEREAS, private road Outlot C shall remain owned in <br />common with Lot 1; and <br />WHEREAS, the subdividers have completed all <br />requirements of the platting regulations of the City, including: <br />1. Completion of all the requirements of Resolutions #2657 <br />and #2658. <br />2. Dedication on the plat of 33' of right-of-way for the <br />public street known as North Ferndale Road. <br />3. Granting of road and utility easements over private road <br />Outlots B and C. Outlots B and C arF intended to remain in <br />private ownership, and shall be maintained by the property <br />owners who benefit from existing easements over said <br />outlots. <br />4. Dedication on the plat of a drainage easement being 25' <br />in width along the southerly lot line of Lot 2 to <br />accommodate the existing drair.ageway on that property. <br />5. Execution of a Developer's Agreement providing for <br />installation of certain improvements as a condition of <br />subdivision approval. <br />6. Payment to the City of Park Dedication Fees in the <br />amount of $200.00 for each of Lots 1, 2 and 3. <br />7. Payment to the City for the legal review and filing of <br />the plat easements and other documents, in the amount of <br />$300.00. <br />Page 2 of 4 <br />