Common use of Public Improvements Clause in Contracts

Public Improvements. The Annexor agrees to design, improve, and provide Signage, lighting, and signalization for all public streets and other public ways within or adjacent to the Property in accordance with Town ordinances and resolutions and other applicable standards, subject to any reimbursement which may be provided for in such ordinances, resolutions, and standards, and to make such other improvements as required by Town ordinances and resolutions, to guarantee construction of all required improvements, and, if requested by the Town, to dedicate to the Town any or all other required improvements. If requested by the Town, the Annexor agrees to enter into an agreement pertaining to such improvements and other matters prior to any development of the Property. Improvements required to be completed by the Annexor to Apple Valley Road and the Apple Valley Road/US-36 intersection (AVR intersection will be determined by the Town Engineer based on impacts associated with the added traffic from the Property. Within ninety (90) days of the Effective Date of this Agreement, Annexor shall submit a traffic impact study (TIS) to the Town Engineer complying with applicable CDOT and American Association of State Highway and Transportation Officials (MSHTO). The TIS shall be completed by ▇▇▇▇▇▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇▇, Inc. or other traffic engineer acceptable to the Town Engineer. The TIS shall include mid-clay, Saturday and Sunday, traffic figures during peak hours during a typical Major Event day in additional to all other typical data collected. In addition, the TIS wil1include and analyze multi-modal transportation options in a form acceptable to the Town Engineer. Additional right-of- way, if needed to accommodate CDOT requirements related to ingress/egress to the Property from US-36, shall be dedicated by Annexor to CDOT or the Town at no cost to either CDOT or the Town. No public access to the Property from Apple Valley Road shall be permitted except for that related to year round yurt rental or service, or a future accessory dwelling.

Public Improvements. The Annexor agrees to design, improve, and provide Signage, lighting, and signalization for all public streets and other public ways within or adjacent to the Property in accordance with Town ordinances and resolutions and other applicable standards, subject to any reimbursement which may be provided for in such ordinances, resolutions, and standards, and to make such other improvements as required by Town ordinances and resolutions, to guarantee construction of all required improvements, and, if requested by the Town, to dedicate to the Town any or all other required improvements. If requested by the Town, the Annexor agrees to enter into an agreement pertaining to such improvements and other matters prior to any development of the Property. Improvements required to be completed by the Annexor to Apple Valley Road and the Apple Valley Road/US-36 intersection (AVR intersection will be determined by the Town Engineer based on impacts associated with the added traffic from the Property. Within ninety (90) days of the Effective Date of this Agreement, Annexor shall submit a traffic impact study (TIS) to the Town Engineer complying with applicable CDOT and American Association of State Highway and Transportation Officials (MSHTO). The TIS shall be completed by ▇▇▇▇▇▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇▇, Inc. or other traffic engineer acceptable to the Town Engineer. The TIS shall include mid-clay, Saturday and Sunday, traffic figures during peak hours during a typical Major Event day in additional to all other typical data collected. In addition, the TIS wil1include and analyze multi-modal transportation options in a form acceptable to the Town Engineer. Additional right-of- way, if needed to accommodate CDOT requirements related to ingress/egress to the Property from US-36US- 36, shall be dedicated by Annexor to CDOT or the Town at no cost to either CDOT or the Town. No public access to the Property from Apple Valley Road shall be permitted except for that related to year round yurt rental or service, or a future accessory dwellingpermitted.

Public Improvements. The Annexor agrees to design, improve, and provide Signage, lighting, and signalization for all public streets and other public ways within or adjacent to the Property in accordance with Town ordinances and resolutions and other applicable standards, subject to any reimbursement which may be provided for in such ordinances, resolutions, and standards, and to make such other improvements as required by Town ordinances and resolutions, to guarantee construction of all required improvements, and, if requested by the Town, to dedicate to the Town any or all other required improvements. If requested by the Town, the Annexor agrees to enter into an agreement pertaining to such improvements and other matters prior to any development of the Property. Improvements required to be completed by the Annexor to Apple Valley Road and the Apple Valley Road/US-36 intersection (AVR intersection will be determined by the Town Engineer based on impacts associated with the added traffic from the Property. Within ninety (90) days of the Effective Date of this Agreement, Annexor shall submit a traffic impact study (TIS) to the Town Engineer complying with applicable CDOT and American Association of State Highway and Transportation Officials (MSHTO). The TIS shall be completed by ▇▇▇▇▇▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇▇, Inc. or other traffic engineer acceptable to the Town Engineer. The TIS shall include mid-clay, Saturday and Sunday, traffic figures during peak hours during a typical Major Event day in additional to all other typical data collected. In addition, the TIS wil1include and analyze multi-modal transportation options in a form acceptable to the Town Engineer. Additional right-of- way, if needed to accommodate CDOT requirements related to ingress/egress to the Property from US-36, shall be dedicated by Annexor to CDOT or the Town at no cost to either CDOT or the Town. No public access to the Property from Apple Valley Road shall be permitted except for that related to year round yurt rental or service, or a future accessory dwellingpermitted.