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<br />229446v1 <br /> 19. PARK DEDICATION. The Developer shall pay a cash contribution of $89,000.00 in <br />satisfaction of the City’s park dedication requirements and in accordance with the City’s approval of the <br />Planned unit Development Ordinance on April 7, 2025 . The charge was calculated as follows: 89 lots at <br />$1,000 per lot = $ 89,000.00. <br /> Park dedication for the entire Oakwater Ridge Subdivision has been established through city <br />approvals at $536,000. The approved plans include 536 single-family parcels, which equates to $1,000 <br />per residential parcel. <br /> 20. WATER AVAILABILITY CHARGE. The Developer shall pay the Water Availability Charge <br />identified in the City’s fee schedule at the time of Final Plat recording. The current amount is $ 34,710.00. <br />The charge was calculated as follows: 89 lots at $390.00 per lot = $34,710.00. The Balance of the Water <br />Availability Charges shall be paid with the building permit, by the permit applicant. <br /> 21. LANDSCAPING. Unless the lot already has two (2) trees on it, the Developer or lot <br />purchaser shall plant sufficient trees so that there are at least two (2) trees on every lot in the plat, one <br />of which must be planted in the front yard, as shown in the Landscape Plan (Plan D). Trees that are <br />chosen by the Developer or property owner cannot cause a public nuisance, such as cotton producing <br />trees, or trees that may become a public hazard due to insect infestation or weak bark. The Landscape <br />Plan trees must be a minimum deciduous tree size of two (2) inches caliper, balled and burlapped. <br />Evergreen trees must be at least eight feet (8’) tall. The trees may not be planted in the right-of-way. <br />The Developer or lot purchaser shall sod the front yard, boulevard, and side yards to the rear of the <br />structure on every lot. Weather permitting, the trees, sod, and seed shall be planted within sixty (60) <br />days after a home has received a certificate of occupancy. Before a certificate of occupancy is issued, <br />a cash escrow of $1,000.00 per lot shall be furnished the City to guarantee compliance with the <br />landscaping requirements. If the landscaping is not completed in a timely manner, the City may <br />Page 78 of 379