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<br />SCU06-006 <br />August 17, 2006 <br />Page 4 of8 <br /> <br />Exhibit D, Development Agreement: <br /> <br />This Development Agreement is entered into between Port Crossing Land, <br />L.P. and the City of La Porte. Draft Development Agreement is <br />summarized as follows: <br /> <br />. Article II General Plan (GP) and Land Use - The GP contains general <br />information regarding the development of the entire 300-acre site. (See <br />Exhibit "F") The Plan's significant features include contemplated land <br />uses, open space and storm water detention areas, landscape and buffer <br />areas and roadway network. Article II also addresses additional land use <br />restrictions. These are specifically defined in Exhibit "G" which will be <br />discussed later in this analysis. <br /> <br />. Article III Restrictive Covenants - Restrictive covenants are identified <br />in Exhibit "H" and are applicable for the overall development of Port <br />Crossing. Future stages of this PUD development will require fmalizing <br />and recording covenants with subdivision plats and site plan submittals. <br />Significant components of the covenants are discussed below. <br /> <br />. Article V Open Spaceffrail, Buffering and Beautification - In this <br />project, the open space and trail as identified are both consistent with the <br />City's Comprehensive Plan. The General Plan shows the relationship of <br />these features and also demonstrates how the trail system, open space <br />area, and the stormwater detention system are interrelated. This Article <br />provides an option where the City may elect to accept these facilities <br />depending on the final design. Buffering and beautification is also <br />addressed under Article V. As shown on the General Plan, a 100' wide <br />landscape buffer is provided along the west side of Powell Road for <br />Phase 1, Section 1. A 50' wide landscape buffer is provided along State <br />Highway146. In addition, landscaping will be provided within building <br />setback areas and easements throughout the project. Ownership of the <br />landscape buffers, reserves and easements will be held by fee ownership <br />of adjoining property or by the property owners association. The <br />maintenance shall be the responsibility of the property owners pursuant <br />to provisions of the deed restrictions enforced by the association. <br /> <br />Signage is part of this Article, but is more specifically defined in the <br />Restrictive Covenants (Exhibit "H"). Staff is requesting that a <br />consistent theme and design be used for all signs within this <br />development. <br /> <br />· Article VI Schedule - The schedule identifies the development of <br />infrastructure and construction of public improvements that will be <br />needed for this development. As additional phases are proposed, <br />