Off-Site Properties Acquisition. (1) The Parties acknowledge that in order to facilitate the construction of the off-site portion of ▇. ▇▇▇▇▇▇▇ Road and its inclusion of same into the City’s Transportation Master Plan network, the Off-Site Properties, consisting of no more than six (6) lots and any partial additional property that may need to be acquired for the construction of the off-site portion of ▇. ▇▇▇▇▇▇▇ Road, as generally shown in Exhibit “D” attached hereto, will need to be acquired by the City. Once acquired by the City, the City will own and maintain the Off-Site Properties. (2) Construction of the off-site portion of ▇. ▇▇▇▇▇▇▇ Road, Access to acquired Off- Site Properties and Platting. The City hereby agrees to grant the Developer access to the Off-Site Properties after the City acquires the Off-Site Properties for purposes related to the construction of the off-site portion of ▇. ▇▇▇▇▇▇▇ Road pursuant to the submission by the Developer of a re-plat, or other instrument agreed to by the Parties, that includes the City as owner of the Off-Site Properties and the Off-Site Properties dedicated as right-of-way. Developer agrees to construct the off-site portion of ▇. ▇▇▇▇▇▇▇ Road to City standards in addition to the requirements set forth in Sections 5.03 and 6.
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Sources: Limestone Creek Development Agreement, Limestone Creek Development Agreement