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construction. Construction of the first phase of the neighborhood park shall begin no later than the time at which 50% of the dwelling units for Neighborhood A/B (separate from Neighborhood D)or school attendance area, whichever is sooner, have been issued a building permit. The Park shall be completed no later than the time at which 80% of dwelling units for the neighborhood have been issued building permits. Completion time may be modified by the MHCSD General Manager to reflect construction, weather, budget, or other public interest contingencies. D. A formal agreement for joint use of parks and recreation facilities with adjacent K-8 schools shall be required prior to construction of the park. (Implementation Measure 7.2.2.3d) E. Lot"S", portion of the A/B Neighborhood Park shall be constructed or bonded for at the discretion of MHCSD. Timing: construction shall begin prior to issuance of building ` permit of the 143`d residential unit and the park shall be completed prior to issuance of building permit of the 228th residential unit. Completion time may be modified by the MHCSD General Manager to reflect construction,weather, budget, or other public interest contingencies. 34. South Community Park: A. Community Park land identified within Specific Plan III shall be dedicated to MHCSD on a minimum of a pro rata basis, as determined by MHCSD, with the applicant to pay fair share of all park improvements. Timing: prior to approval of First Final Map. B. The entire South Community Park shall be designed to a 30% design completion level consistent with all Community Approvals including applicable provisions of the Parks, Recreation and Leisure Plan and the MHCSD Design Manual. The design of the park shall be reviewed by both the DCRC and MHCSD and approved by the MHCSD. Timing: condition shall be met prior to issuance of the first residential building permit within Tract 3481. C. The MHCSD General Manager may allow the South Community Park to be constructed in phases to be consistent with usage demand and other public interest considerations. Final design of the first phase of the South Community Park shall be completed before its construction. Construction of the first phase of South Community Park shall begin no later than the time at which 50% of the dwelling units permits for Specific Plan III have been issued a building permit. The Park shall be completed no later than the time at which 80% of dwelling units for the Specific Plan III have been issued building permits. Completion time of park phases and/or the entire park may be modified by the MHCSD General Manager to reflect construction, weather, budget, or other public interest contingencies. 35. Open Space Corridor: A. All in-tract landscaping and utility RAW areas and all other landscape areas within Specific Plan III that were not in the original Master Plan, the MHCSD Parks, Recreation �. and Leisure Plan, the TIF or the CFF (January, 2003) as determined by MHCSD, will require a funding mechanism, such as a Lighting and Landscape Maintenance District, as determined by MHCSD General Manager. These areas will require establishment of a maintenance entity or financing mechanism acceptable to MHCSD to provide funding ` for maintenance of, and if necessary, replacement at the end of the useful life of improvements including, but not limited to landscaping, pathways, walls, and all improvements serving or for the special benefit of this subdivision. The financing �. mechanism shall be completed and adopted by the Board of Directors prior to the approval of the First Final Map. B. The design of all Open Space Corridor improvements including paths, alignment, standards, signage, lighting, and landscaping shall comply with all Community Approvals including applicable provisions of the MHCSD Design Manual. Timing: plans shall be reviewed and approved by MHCSD prior to issuance of the first residential 27