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0 114 <br /> O 448 <br /> • <br /> r McL ennan's Farm <br /> Subdivision <br /> H Page 3 <br /> be provided thru its course. The lawn will be mowed and <br /> O maintained by the Homeowner's Association for use as an open play <br /> area. This tract will be provided for the private use of the <br /> A community, ,and the developer will pay a fee in lieu of dedicating <br /> public recreation space. <br /> 0 <br /> 0 Financing and <br /> Overation <br /> 0 <br /> The developer will secure a loan for financing of the horizontal <br /> 0 improvements. This loan will be paid off through sale of lots to <br /> builders and individuals. A Homeowners Association will be set up <br /> with a monthly fee. This fee will go to a general fund which will <br /> pay for maintenance of common areas and facilities such as <br /> O entrance features, picnic tables, plantings, etc. Membership <br /> shall be required by all buyers. <br /> O <br /> • <br /> 0 Schedule <br /> 0 It is anticipate that a permit will be obtained in early April and <br /> construction will commence soon after. All roads, fences, <br /> 0 plantings, signs, utilities and recreational improvements will be <br /> installed at this time and should take two to three months to <br /> 0 <br /> complete. The State Department of Transportation will be <br /> petitioned to take over road maintenance as soon as a sufficient <br /> 0 number of homes are built. <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> 0 <br /> i <br /> 0 <br /> cr <br /> A <br /> N <br />