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.. { c~ ~ -.)777~ <br /> <br />.IIIl <br /> <br /> pursuant to the November 8, 1972 Settlement Agreement <br /> between the City, Valley ComMunity Services District <br /> and District Users or any subsequent agreements or <br /> judicial interpretations giving the developer legal <br /> rights as to that sewer capacity.' <br /> <br /> CONTRIBUTIONS <br /> <br /> A. Growth Management Fee <br /> <br /> Developer will contribute $525 per unit to the <br /> <br />City's Capital Improvement Fund and $400 per unit to the <br /> <br />City's tlousing Fund at the time of securing building permits. <br /> <br /> B. Public Needs <br /> <br /> 1. In consideration of the public needs cre~ted <br /> <br /> by this housing development, Developer agrees to contribute <br /> $500 per building permit secured in 1982 with the fee <br /> to increase by $50 in each calendar year thereafter. <br /> <br /> 2. Developer shall construct the following improvements <br /> to City standard: <br /> <br /> a. Landscaping on the north side of <br /> <br /> Morganfield Road. <br /> <br /> b. Landscaping on the north side of Valley <br /> Avenue between Santa Rita Road and <br /> Hopyard Road. <br /> <br /> c. Installation and improvement of childrenh's <br /> <br /> play area and associated improvements <br /> in Orloff Park. <br /> <br /> 3. Developer shall commence improvements in conjunction <br /> with construction of the first phase of the project and <br /> the fees charged in conjunction with paragraph 1 above <br /> <br />-4- <br /> <br /> <br />