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200405933 distance of 515.00 feet to a point on the east right -of -way (R.O.W.) line of Independence Avenue; thence N00 °07'47" E along said east R.O.W. line a distance of 638.13 feet to the point of beginning. Said tract contains 329,711.45 square feet or 7.57 acres more or less of which 1.55 acres is new dedicated public 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 WOODLAND PARK FIRST 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 WOODLAND PARK FIRST 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 New Mexico Avenue and Texas Avenue 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 New Mexico Avenue or Texas Avenue, 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 New Mexico Avenue or Texas Avenue where they abut the subdivision if it fails to pave these street as required herein. -2-