Exhibit A

EXHIBIT "A"

February 26, 1988

Mr. Glenn Moore
Superintendent Douglas County Parks and Open Space
3030 N. Industrial Way
Castle Rock, CO 80104

Re: Castle Pines Major Amendments - MA-87-30, MA-87-2/Park Dedication

Dear Glenn:

The following is a summary of Castle Pines commitment for meeting the park dedication requirements for the above-referenced amendments. For reference, a copy of your November 13, 1987 referral letter is attached.

Parks Dedication Commitment

Regional Parkland -

A. Regional Required:

1. 9 acres - Castle Pines North Second Amendment

2. 18.82 acres - Outstanding balance from previous amendments (22 acres less 3.18 acres recently conveyed = 18.82 acres)

27.82 Acres Total

B. Regional Committed:

1. 30.8 Acres - Douglas County Equestrian Trail and Regional Park connection to Daniels Park. Cos-20, 21 and a portion of Cos-18 that bisects R-2l.

2. 1 acre – equivalent previously spent in cash-in-lieu for well development master planning = $15,000.

3. 1.3 acres - equivalent previously spent in grading and fill - 80,000 cubic yards x $.25/cy = $20,000 (true cost of work = $1. 00/cy)

33.1 Acres Total

TOTAL PARK LAND

A. Local Required -

4.5 acres/Active Park

B. Local Committed -

4.5 acre ball park in Cos-18. Design concept of park to be similar to existing ball park in Cos-2. Park will not conflict with detention facility as proposed facility will be relocated. Park to begin construction in the Spring following the issuance of the first C.O. for any units in R-21, 22 or 23; with completion no later than the following Fall.

The above commitments exceed the acreage requirements and meet your goals of:

1. Providing additional land to "Plum Creek Regional Park"

2. The dedication of land adjacent to Daniels Park

3. Providing a reduced level of development at "Plum Creek Regional Park"

Please acknowledge your acceptance of these commitments by signing below and providing a copy to Mike Diehl, Douglas County Planning, and to me for my files.

Thank you for your consideration of this matter.

Sincerely,

CASTLE PINES LAND COMPANY

Thomas A. Jones
Vice President
Land Development

TAJ/ 11
Enclosure

ACCEPTED:

Glenn Moore Date