-S-

the “Development Agreement No. 1") to provide, con-
struct, and install such off-site works and land-
scaping as shall be deemed necessary by the Municipal
Engineer and the Municipal Planner respectively, to
serve the said land and the development of that por-
tion thereof, znd to pay the entire costs of the
completion of such work; and it is understood and
agreed that this Phase shall be carried out in con-
formity with the following Schedule:-

APPROVAL OF Upon execution of this Land Use Contract and

SUBDIVISION: entry by the parties into “Development Agree-

ment No. 1".

ISSUANCE OF Upon registration of Plan of Subdivision.
BUILDING PERMITS:

ISSUANCE OF Pursuant to building by-law and as building
OCCUPANCY PERMITS: and development is completed.

PEASE II -shall include the subdivision of that portion of the
land shown marked “Phase Two" on the plan of propesed
subdivision hereinbefore referred to, and the de velop-
ment of the Sixty (60) residential lots created thereby
and composed of Fifty-seven (57) one-family residential
lots, and Three (3) two-family residential lots, pur-
suant to Schedule "B" hereto, and to facilitate the
use and development of that portion of the land, the
Developer covenants and agrees, as a condition prece~
dent to the approval of the plan of subdivision thereof,
to enter into an agreement with the Municipality sub-
sequent hereto (hereinafter called the "Development
Agreement No. 2") to provide, construct and install
such off-site works and landscaping as shall be deemed
necessary by the Municipal Engineer and the Municipal
Planner respectively, to serve the said land and the
development of that portion thereof, and to pay the
entire costs of the completion of such work; and it
is understood and agreed that this Phase shall be

carried out in conformity with the following Schedule:-

APPROVAL OF
SUBDIVISION:

ISSUANCE OF

Upon entry into "Development Agreement No.
2° and not prior to July 1, A.D. 1977.

November 1, A.D. 1977

BUILDING PERMITS:

ISSUANCE OF

March 1, A.D. 1978

OCCUPANCY PERMITS:

PHASE IIT -

APPROVAL OF

shall include the subdivision of that po-tion of the
land shown marked “Phase Thsve" on the plan of pro-
posed subdivision hereinbefore referred to, and the
development of the Forty-three (43) residential lots
ereated thereby, and composed of Forty-two (42) one-
family residential lots, and One (1) two-family
residential lot, pursuant to Schedule "B" hereto,
and to facilitate the use and development of that
portion of the land, the Developer covenants and
agrees, as a condition precedent to the approval of
the plan of subdivision thereof, to enter into an
agreement with the Municipality subsequent hereto
(hereinaiter called the "Development Agreement No.
3"} to provide, construct and install such off-site
works and landscaping as shall be deemed necessary
by the Municipal Engineer and the Municipal Planner
respectively, to serve the said land and the develop-
ment of that portion thereof, and to pay the entire
costs of the completion of such work; and it is
understood and agreed that this Phase shall be carried
out in conformity with the following Schedule:~

Upon entry into "Development Agreement No.

SUBDIVISION: 3" and not prior to April 1, A.D. 1978.

ISSUANCE OF

August lst, A.D. 1978

BUILDING PERMITS:

ISSUANCE OF

Pursuant to building by-iaw and as building

OCCUPANCY PERMITS: and development is completed.

PHASE Iv -

shall include the subdivision of that portion of the

land shown marked “Phase Four" on the plan of proposed
subdivision hereinbefore referred to, and the develop-
ment of the Forty (40) residential lots created there-

by, and composed of Thirty-nine (39) one-family