That Council approve and direct the Mayor to execute the Development Agreement relative to Tract 2, Scott Street Lots, Lot 3, between the City and Ravara Development, LLC, presented here as Exhibit B to the Donation Agreement, memorializing the Parties’ respective rights and obligations concerning Tract 2, and for certain covenants and obligations to run with the land, including, among other things, an activity space easement for the use of a portion of Tract 3, Scott Street Lots, Lot 3, by the residents of the Tract 2.