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Sk Vol Fs <br />10018815 OPR 3922 662 <br />b. Phase I Density: 453 Lots /Units (138 existing Lots /Units currently allowed for <br />. Phase 1, 315 Lots /Units allocated from Phase 3) <br />c. Phase 2 Density: Any remaining Lots /Units not utilized for Phase 1 development <br />would be allocated to Phase 2. <br />d. Phase 3 Density: 4 Lots /Units remaining after allocation <br />e. Permitted Clustered Density: The allocation of the clustered density to Phase 1 <br />and Phase 2 shall be subject to the maximum density limits per parcel of the base <br />zoning classifications. (i.e. 12 upa in MF -12 area, 5.5 upa in MU area) <br />3. Impervious Cover Allocation <br />a. Permitted Project Impervious Cover: 30.63 Acres (Based on an overall Project <br />Impervious Cover of 20 %). Total permitted project impervious cover may be <br />clustered onto Phase 1 of the project. Remaining permitted project impervious <br />cover may be allocated for use in Phases 2 and 3. <br />• b. Phase 3 Impervious Cover: Phase 3 impervious cover shall not exceed 6% of the <br />Phase 3 area. <br />4. Public and Private Parkland / Buffer Zone Dedication : <br />a. Required project parkland: Dedication to occur with the initial Phase 1 final <br />plat. <br />b. 5 acre tract of land dedicated for buffer area to the Franklin Square Home <br />Owner's Association: Dedication shall occur prior to consideration of the initial <br />Phase 1 final plat. 5 acre tract to be owned and maintained by the Franklin Square <br />Home Owner's Association. <br />5. Annexation <br />a. Continuation of Extraterritorial Jurisdiction Status: The City hereby <br />guarantees the extraterritorial jurisdiction status of Phases 2 and 3 of the property <br />• to the extent provided by the Texas Local Government Code. <br />3 <br />