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202401516 963.55 FEET TO A POINT ON THE SOUTH LINE OF SAID NE1/4; THENCE CONTINUE S00°54'50"W, ALONG SAID WEST RIGHT-OF-WAY LINE, A DISTANCE OF 2281.56 FEET TO THE NORTHEAST CORNER OF LOT 1, STAUFFER SUBDIVISION; THENCE S87°52'19"W, ALONG THE NORTH LINE OF SAID LOT 1, A DISTANCE OF 685.92 FEET TO THE NORTHWEST CORNER OF SAID LOT 1 STAUFFER SUBDIVISION; THENCE S00°55'44"W, ALONG THE WEST LINE OF SAID LOT 1, A DISTANCE OF 320.07 FEET; THENCE S00°55'42"W, ALONG THE WEST LINE OF SAID STAUFFER SUBDIVISION, A DISTANCE OF 39.88 FEET TO THE POINT OF BEGINNING. SAID TRACT CONTAINS A CALCULATED AREA OF 3,927,045.36 SQUARE FEET OR 90.153 ACRES MORE OR LESS OF WHICH 5.626 ACRES ARE ROAD RIGHT-OF-WAY. desires to have subdivided as a subdivision the foregoing tract of land located within the corporate limits of the City of Grand Island, Nebraska, and hereby submits to the City Council of such City for acceptance as provided by law an accurate map and plat of such proposed subdivision, to be known as WILDWOOD BUSINESS SUBDIVISION, designating explicitly the land to be laid out and particularly describing the lots, easements, and streets belonging to such subdivision, with the lots designated by number, easements by dimensions, and streets by name, and proposes to cause the plat of such subdivision when finally approved by the Regional Planning Commission and the City Council to be acknowledged by such owner, certified as to accuracy of survey by a registered land surveyor, and to contain a dedication of the easements to the use and benefit ofpublic utilities, and of the street to the use of the public forever. In consideration of the acceptance of the plat of said WILDWOOD BUSINESS SUBDIVISION, the Subdivider hereby consents and agrees with the City of Grand Island, Nebraska, that it will install or provide at its expense the following improvements: 1. Paving. The Subdivider agrees to pave Elk Drive in accordance with plans and specifications approved by the City's Director of Public Works, and subject to the City's inspection. If the Subdivider fails to pave Elk Drive, the City may create a paving district to perform such work. The Subdivider agrees to waive the right to object to the creation of any paving district for Wildwood Drive where is abuts the subdivision. -2-