B.
I wouldn't plan anything just get some balls , soccer balls, footballs, etc, set um out there and let um do what they want. Just make sure there's someone there to monitor them. I don't like to let my kids play in the front yard unless it's on their bikes on the side walk. Sidewalk chalk is also another good thing but that's more for the younger crowd I don't see an 11 yr old playing with chalk. He/ she may bring a hand held game system to keep them from being bored with all the little kids.
the slip and slide is a good idea but you also need to factor in a bunch of wet kids running around your house.