The owner on behalf of itself, its successors and assigns, agrees to commit to cost associated with the provision of traffic signals as follows: one-fourth (1/4) of the cost of signalization at the intersection of 74th Street and University Avenue; one- half (1/2) of the cost of signalization at the intersection of University Avenue and the extension of Country Club Drive; one- fourth (1/4) of the cost of signalization at the intersection of Westown Parkway and 74th Street; and one-half (1/2) of the cost of signalization at the intersection of University Avenue and the extension of Lake Point Drive including executing a petition and waiver for said cost. (Ord. 1330, 10-5-1998)