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Enclosure #2 <br /> <br />CITY OF MARTINSVILLE <br />FROM: AGREEMENT <br /> <br />GREGORY D. CRAVEN <br />SHIRLEY A. CRAVEN <br /> <br /> THIS AGREEMENT, made in duplicate this , day of <br /> · 1999, by and between Gregory D. Craven, and Shirley A. Craven,, <br />party of the first part, hereinafter referred to as the Developer, and the City of <br />Martinsville, Virginia, a Municipal corporation, party of the second part, hereinafter <br />referred to as the City. <br /> <br />WITNESSETH: <br /> <br /> THAT WHEREAS, the developer owns a certain tract of land called Pebble <br />Creek Subdivision, located on the eastern end of Blankenship Road, off of Chatham <br />Road in the City of Martinsville, Virginia; and, <br /> <br /> WHEREAS, the Developer is desirous of subdividing said tract of land, <br />hereinafter referred to as Subdivision, into residential lots in the manner as shown on a <br />proposed plan for subdividing said tract prepared by Piedmont Land Surveying, L.L.C., <br />October 8, 1999, and, <br /> <br /> WHEREAS, the Developer submitted the above referred to plan to the City <br />Planning Commission on October 14, 1999, and was given final approval by said agent of <br />the Planning Commission on , and, <br /> <br /> WHEREAS, the Developer and the City, for the mutual benefit of both <br />parties have agreed to the following terms and conditions pertaining to street and utility <br />improvements in the City of Martinsville, Virginia, along: Blankenship Road for a <br />distance of approximately 430 feet; approximately 860 feet along Pebble Road, from cul <br />- de - sac to cul - de - sac; approximately 475 feet along Stoney Court to the cul - de - <br />sac, as shown on a plan dated October 8, 1999, pursuant to the Subdivision Ordinance of <br />Martinsville, Virginia, adopted December 17, 1957, as amended; <br /> <br /> NOW THEREFORE, the parties to this Agreement, in consideration of the <br />mutual covenants herein contained, do hereby agree as follows: <br /> <br />The Developer shall provide, at its sole expense· the following <br />improvements to the hereinbefore designated streets: <br />A. The Developer shall clear and grade the entire width of fight - <br /> of- way, for a distance of approximately 430 feet along <br /> <br /> <br />