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• '..rte <br /> • <br /> performance of tha obligations .et forth herein. The safficienoy . <br /> of aua1 consideration as set forth above is hereby acknew1 <br /> '•, <br /> by the Parties. s. <br /> (a) gengEnLsamaragn. The Portia@ agree that adop- <br /> tion Of the annexation ordinance (proposed ordinance No. 946)* .. <br /> the PcZD gaining ordinance (proposed Ordinanoe No. 945) and <br /> Approval of this annexation agreement by the City, While to <br /> oonittitatinq separate cues, are all -regp ired 4rotione of the .1 :::: :. <br /> .-1:� <br /> City as v R foe t oiwenants of Arastoo! alms 40 -;� •, <br /> k . • R £ . ]#*soh The Cite. mold #r! tierd'.:taimivi . - <br /> OomeecUtively or sisni at as typsopriata City Cool ' <br /> meeting and further assess Whet if tan City does not mot stamp,. . '; . <br /> y <br /> tivtiy in approving all three matters, Annenos and Owner msy t• <br /> immediately withdrew their aamlac,tiow petition and this agreement . <br /> .bell be void and of no farther force or offeot. ny Approving . .jd. <br /> this annexation agreement the City is also approving the Recto* <br /> Agreement attached hereto as Exhibit mem sad inaceporeted berets <br /> by this reference and is authorising the Mayoar and City Clerk to . <br /> execute any required documents related to out* escrow which are <br /> consistent with the tarts and ooaditione of this agreement. <br /> 2. . sub act to the provisions of p.regraph 101), <br /> the City agrees to song► the Exhibit *A property as a PCZD toning <br /> district vhiab mill gait the construction of 450 residential <br /> dwelling units in ooatormance with the Oswrai Development Plan <br /> attached hereto as Exhibit "s" and inomporated min by this <br /> reference. <br /> • 3 <br />