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eby the minimal park requirements are two acres <br />praposaL, wher <br />per one thousand Population; and <br />gg, CITY has further delineated park and recreation lands . <br />and facilities in its General Plan,•page 19, workboo',� 4, existing <br />and proposed: <br />NO+d, THEREFORE. FOR A�� INCON 5iDERATTON OF TI-`M�' 1vJF:L PROMISES, <br />-COVE,,-ANTS AN, D CONDITIONS. HE REIl -FTER SET FORTH. TEE PART IES <br />gERETO AGREE AS FOLLOWS <br />.- 11tScisoal is located at 915 west Richland, Santa Ana, <br />Lowe <br />California_ <br />ii <br />Theparties hereto agree that the cost of develop ent for recrea <br />project site described in <br />tional use of the Revenue Sharing <br />h I above shall be equally divided bet.reen t17ie CITY <br />.. •paragra p <br />50i., o <br />_ and the C{3�7N'�: Y and the CITY shall pay �f the project cost, <br />- - . - <br />vrith a ceiling price of Twelve Thousand Five Hundred Dollars <br />50/ of the project cost, <br />and the COUNTY shall•pay . <br />.5aOi lesser <br />or Twelve Thousand Five Hundred -Dollars E$12 <br />or a <br />amount, i€•the CITY'S cost of development after the date of <br />. CITY shall be responsible for the cost <br />the agreement decreases <br />such costs are not to b� <br />of overhead, operation and maintenance; <br />a zeement. Monthly payments by <br />included in this joint funding g <br />the COUNTY. co n�encing rom October <br />based on actual erpenditutes, <br />upon tender of invoices and proper <br />5,.1973 shall be made <br />