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that enciricles three sides, of the new build ing, All 46 <br />garage, doloirsi have been replaced, <br />C's Creation of additional garden spots on the south side o <br />the property as well as an extension of the water sourc <br />a <br />for, 'installation, of a new zoned sprinkler in the gul.11 <br />area, to the weist of the walking path. This area woul <br />be sodded . I <br />The, oriLginal bond issue has, allocated $300,000 to Rosepointe <br />as part of the original, cash flow. Thus, all of the Cityls <br />financial analyses have a,sisum,ed, that the $300,000 would be( <br />ed <br />pal <br />I <br />The, City is running ahead of' schedule in terms of its bond <br />payment.i thus the fact that the additional development did <br />not occur *1 <br />is not, creating any financial problems for the <br />C itys, <br />it is the stiaf f I s recommendation that Rosepol* nte be pa Old the <br />,I <br />$1681 jF �O 001 IF pursuant to completing the aforementioned <br />51 <br />,improvements and offsetting the City's legal fees for <br />zoldir-i" cation of the dievellopment agreement. <br />]LOLiv *E <br />RM <br />10 Motion to approve or deny the modification of the <br />development agreement to ref lect the Rosepoin"ce compromise <br />0' <br />with the con,d, it ion that the developer of f set the City I s legal <br />