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To be completed within two (2) years from the date of

registration of the subdivision pian for the cont | guous
phase.
The contribution to be made within one /1) year of the
[ssuance of a buliding permit for the 1,000th untt within
the Lands, provided that the Gity has previded to the
Developer detallied plans
the facliity to be constructed on this site within two (2)
years of the Issuance of the bullding permit for the {000th
unit, and In the event that ¢+¢he facility {s not
substantially completed with two years the contribution will
be rafunded without interest,
The Developer covenants and agrees ‘to prov ide detailed engineering,
architectural or landscape plans for the approval of the City for
each of the faclilties IIlsted In Schedule "Gr except for Site 5
or tor to approval of a subdivision plan tor the part of the Lands tn
which the facil ities are included.
The Developer agrees to sell to the city and Tne Clty agrees to
purchase from the Developer witht{n 3 months: of the date of
registration of the anp|teable subdivision, plan, at the agreed orice
‘those lands

al |

of $165, 566.00 per hectare shown crosshatched and

"Sites

numbered 1,2,4,5" on Schedule "G" totalling 9.06 hectares,

provided that

‘

ae. with each phase af davelopment a letter of credit shall! be

depostted with the Clty In the applicable amount specified In

to be held untt | improvements have

Schedula ng, such time as the

been completed and are accepted by the Clty after which the

Letter of Credit shall be returned;

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and a schedule for completion of

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