Parks and Open Space. Recognizing the benefits of public open space including both passive and active spaces, Developer has agreed to allocate 40 % of the Property as open space which will be provided through the following elements. a) Open space and trail system. Developer will preserve open space and construct the trail system as depicted in the Master Plan. A standard maintenance agreement obligating the owner or property owners association must be executed prior to approval of preliminary site and civil design plans.
Appears in 3 contracts
Sources: Development Agreement, Development Agreement, Development Agreement