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No additional schools, parks, recreational and community facilities or other public facilities will be required. Additional public utilities, including electric power, may be required depending on development. The cost of such utility improvements will be borne by the Developer. When developed in accordance with this Plan, the Area will comprise a coordinated, adjusted and harmonious development that promotes the health, safety, morals, order, convenience, prosperity, the general we[fare, efficiency and economy of the City. 13. POPULATION DENSITY, LAND COVERAGE, BUILDING INTENSITIES Upon completion, the Area shah contain approximately 222 units, depending on final designs of the Developer based on unit configurations and construction and design considerations. The floor area ratio shah not exceed 3.0. The land coverage should not extend substantially beyond the area covered by the existing Incomplete Facility, with the exception of drives necessary for ingress and egress. 14. PRIOR APPROVALS In the event that the Developer has obtained prior approvals from the City or any of its agencies with respect to the criteria set forth in Paragraphs 3 or 6 through 11 of this Section B, the terms of such prior approvals shah govem and shah be deemed to be in accordance with this Plan in aH respects. C. PROPOSED SCHEDULE OF DEVELOPMENT The implementation of this Plan shall take place within approximately two {2) years from the date of the enactment of the Ordinance approving the Plan. The Plan shah be completed in one phase. The LCRA may alter the above schedule as economic or other conditions warrant. D. EXECUTION OF PROJECT 1. ADMINISTRATION AND FINANCING The LCRA is empowered by Missouri law to administer development of all types pursuant to this Plan and can do so to the extent and in the manner prescribed by the Statute. All costs associated with the development of the Area will be borne by the Developer. 6 1525371