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<br />529986v2 JSB TW185-2 <br />THIS COOPERATIVE AGREEMENT (the “Agreement”) is made and entered into as <br />of the ______ day of ____________, 2018, by and between the City of Arden Hills, Minnesota, a <br />Minnesota municipal corporation (the “City”) and the County of Ramsey, Minnesota, a political <br />subdivision under the laws of Minnesota (the “County”). <br /> <br />RECITALS <br /> <br />A. The County and the City (collectively, the “Parties”, individually, a “Party”) have <br />entered into that certain JOINT POWERS AGREEMENT FOR THE REDEVELOPMENT <br />OF THE TWIN CITIES ARMY AMMUNITION PLANT, dated as of December 17, 2012, <br />(the “JPA”), for the redevelopment of the TCAAP Site (as defined in the JPA), (the “TCAAP <br />Project”). <br /> <br />B. The JPA contemplates that the Parties individually will incur certain costs for <br />defined obligations identified and defined in the JPA respectively as County Investment, County <br />Public Improvements; City Investment and City Public Improvements (collectively, the “Public <br />Improvements”). <br /> <br />C. The JPA further contemplates that the TCAAP Joint Development Authority (the <br />“JDA”), created by the JPA, shall be responsible for assessing the City’s usual and customary <br />development fees in connection with the development of the TCAAP Site. <br /> <br />D. The Public Improvements shall be constructed consistent with applicable <br />requirements of the TCAAP Master Plan. <br /> <br />E. The JPA contemplated that certain specific details of the means of recovering the <br />specified investment costs and specifications of the Public Improvements would be determined <br />as development of the TCAAP Site progressed. <br /> <br />F. The purpose of this Agreement is to implement the JPA by (i) further defining the <br />mechanisms for imposing and collecting fees and recovering revenues to pay the costs incurred <br />by the Parties in undertaking their responsibilities under the JPA (ii) setting forth the cooperative <br />agreement between the Parties related to the level of public services to be made available to the <br />TCAAP Site before, during, and after redevelopment, and to supplement the terms of the JPA in <br />those respects. <br /> <br />AGREEMENT <br /> <br />1. Obligations Defined by the JPA. The JPA identifies certain categories of Public <br />Improvements to be completed by each party. The JPA further provides a method for cost <br />recovery for the work to be done by each party. Certain portions of the publicly-financed Public <br />Improvements are anticipated to be recovered through the receipt of development fees. <br />2. Master Development Agreement. The County and the JDA have entered into a <br />Master Development Agreement, dated ____________, 2018, (the “MDA”) with Alatus Arden <br />Hills, LLC, a Minnesota limited liability company (the “Master Developer”). The terms used in <br />this Agreement which are defined in the MDA shall have the meanings specified therein, unless