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BRICK ROAD'S COMMITMENTS <br />1. Brick Road will grant all necessary easements and street dedications for (i) all <br />required street improvements for the proposed Mayflower Blvd. public street and the <br />Hutsfield Drive public street and (ii) all required improvements for the signalization of <br />the intersection of Mayflower Blvd. with Cleveland Road as shown on "Exhibit A ". <br />COMMISSION'S COMMITMENTS <br />1. The Commission will fund and construct all necessary public infrastructure <br />improvements in and adjacent to the Subdivision. These improvements shall include <br />required earthwork, grading, paving, utilities for municipal water, municipal sanitary <br />sewer lines and structures, paved sidewalks, retention /detention areas, and street <br />lighting. The Commission will further fund and construct the required improvements <br />for the signalization of the intersection of Mayflower Blvd. with Cleveland Road. <br />Improvements will be located within the dedicated right -of -ways or easements for said <br />Mayflower Blvd. and Hutsfield Drive. <br />2. The public infrastructure improvements will be built to established City <br />standards. <br />3. The commencement date for construction activities shall be June 27, 2011. <br />Substantial completion date for construction activities shall be 180 days from the date of <br />commencement, subject to acts of God and nature. Landscaping and lighting will be <br />completed early spring, 2012. <br />4. In the event that the Commission fails to begin construction and makes the <br />determinations that it will not construct the improvements recited herein, on or before <br />December 31, 2011, the Commission shall re- convey to Brick Road all easements and <br />street dedications granted by Brick Road to the Commission pursuant to this MOU. <br />(Signature page follows) <br />