Granting IOD Sample Clauses

Granting IOD. The Developer shall grant on the first Final Map for Tentative Map (TM22- 0001), an Irrevocable Offer of Dedication (“IOD”) to the City for a total of 0.5 usable acres for the Project Park. The final usable acres shall be determined during the final design of the Park Master Plan. Such IOD shall be free and clear of all encumbrances and easements that would prevent use of the Park for public park purposes, subject to the review and approval of the Development Services Director, or their designee. The IOD shall be accepted by the City Clerk via separate instrument after completion of Park construction prior City’s acceptance of the completed Project Park.