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completion be later than December 31, .1$14* However, inn.*or <br /> ahwai be entitled to reoove t all costa above thaw' - <br /> necessary to oonetruot the road to *collector standards* thro g% <br /> the reoove ry prooedures of the Major Thoroughfare funds at the <br />• rata of HM CO per residential unit oorsetructed within the <br /> Exhibit "D* property, or from other properties, if required tai <br /> full recovery. Author, Annemor and Owner shall be entitled' to <br /> full recovery for the cost of oonstruction of that pact Q1 ;. �* <br /> °MI,],oe Road Irvi the torsi hOi y of the loberte p # <br /> •• aft tie ' Priperty. 4 • ► .. � . d► <br /> • f. <br /> earmarked by the City for payasat to Annexar cad Owner, but need'. , ;of <br /> not be deposited by the City in • separate fund. Payments id.' --Ir.' <br /> kmoor and Owner shall be made some-annually at the sago time <br /> the City makes similar payments to Eamwrt Development Cotmpsa . <br /> under its current egreement with the City; provided, however, <br /> that to the extent such ttutds are available they shall be made <br /> immediately available at the tine of submittal of cost o.rtifi- <br /> vatioa for construction* <br /> toy Annexar and the than owner- <br /> developer shall construct, or contribute to the construction of, <br /> Cherry Street to *collector standards** However, due to the <br /> timing of the construction of Cherry Street and the fact that <br /> Cherry Street may be realigned, Annexor and ouch owner-developer <br /> shall escrow the funds necessary for the construction of Cerry <br /> Street at the time of subdivision of the lots adjacent to Cherry <br /> Street. The amount of these funds will be dsternins* at the time <br /> w 7 •. <br /> w...�. ,. _ <br /> • _IY..•y.amrsa�.i7s n.r�a..— !!'1@. -'�'Jb..r. . ►.:e�iera <br />