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Section 3.2 Developer Obligations. Developer shall comply with all of the <br /> requirements set forth below: <br /> a. Design and complete grading for the Project in a manner that minimizes <br /> the grade differential between the Project's westerly lots and the abutting easterly lots within the <br /> Village at Ironwood subdivision; to satisfy this obligation, Developer shall perform the foregoing <br /> work in substantial conformance with the approved plans dated February 2026 (collectively, the <br /> "Approved Plans") and as otherwise set forth in the Project Approvals and Subsequent <br /> Approvals. <br /> b. Design and construct an approximately 0.7-acre private park with an <br /> overlying public access easement within the Project Site, as set forth in more detail on Sheet L2 <br /> of the VTM. Developer shall be solely responsible for all costs associated with the design, <br /> installation, and ongoing maintenance of the Park, which shall be in substantial conformance <br /> with Sheet L2, except if and to the extent the Parties mutually agree to modify the foregoing. <br /> The Park shall be substantially completed, to the satisfaction of the City Engineer, no later than <br /> issuance of the certificate of occupancy for the one hundred (100th) residential unit in the <br /> Project (including model homes but exclusive of JADUs), except that the Director of Community <br /> and Economic Development may extend this to no later than the one hundred fiftieth (150th) <br /> residential permit, upon request by Developer and should the Director of Community and <br /> Economic Development make the determination that completing and opening the Park to use at <br /> that time would present an unacceptable health and safety risk to the users of the Park (for <br /> example, due to construction activity). Developer shall provide City with a public access <br /> easement in recordable form over the area upon which the Park will be constructed, in a form <br /> reasonably approved by the City Attorney. "Substantially complete"for purposes of this <br /> subsection (b) is defined to mean the Park improvements have been installed pursuant to this <br /> subsection (b) and available to be used for the intended purpose but City's final inspection has <br /> not yet occurred. <br /> c. Design and install (1) a trail extension from the Project's "Street A" to the <br /> area just north of Lot 161 along the project's northern property line, as well as (2) a trail <br /> extension from the property line just north of Lot 161 to Mohr Avenue at the Irongate Drive <br /> intersection, within the same easement area as the public utility corridor located north of the <br /> Village of Ironwood, which trail extension is identified in the 2019 Trails Master Plan Figure 3-2, <br /> as set forth in more detail on Sheet C4.1 and C5.3 of the VTM (collectively, the "Trail <br /> Extension"), which shall be dedicated to City in fee. Notwithstanding anything to the contrary in <br /> the foregoing, the portion of the Trail Extension to be located from the property line to Mohr <br /> Avenue at the Irongate Drive intersection shall be subject to the grant of the necessary <br /> easement to City by Zone 7 or other procurement of property rights to the same by City or <br /> Developer. Developer shall be solely responsible for all costs associated with the design, <br /> installation, and ongoing maintenance of the Trail Extension through the Maintenance CFD. The <br /> Trail Extension shall be substantially completed, to the satisfaction of the City Engineer, no later <br /> than one (1) year after both of the following have occurred: (i) the required easement from Zone <br /> 7 has been recorded, and (ii) all required approvals, entitlements and permits necessary to <br /> install the Trail Extension (including approval of related improvement plans by City and Zone 7) <br /> have been obtained. "Substantially complete" for purposes of this subsection (c) is defined to <br /> mean the required Trail Extension improvements have been installed pursuant to this <br /> subsection (c) and available to be used for the intended purpose and City's final inspection has <br /> occurred. <br /> 9 <br />