CCP 09-13-1999 - Laserfiche WebLink

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SEI\'1' ,BY:PETERSON PRAM BERGMAN 3-10-33 ;11:57AM ;PETERSON PRAM BERGMA"" 6126337833;# 31 5 . CONVEYANCE OF REAL ESTATE 1.0 Parties. This Agreement is dated the _ day of , 1999, and is entered into by and between 550 Associates, a Minnesota Partnership ("Landowne(') and the City of Arden Hills, a municipal corporation and political subdivision of the State of Minnesota ("City"). 2.0 Recitals. A. Landowner owns and operates the Arden Manor Manufactured Home Park located within the City. B. The City is grantee of the "Park Easement" ("Park Easement Area") illustrated on Exhibit A attached and located within the Arden Manor Manufactured Home Park. C. The City is considefing the award of bids for the construction of improvements to the Park Easement Area as illustrated on plans prepared by BRW dated August 23, 1999. D. Reasonable construction methods dictate that various storm water drainage improvements be constructed on private property adjacent to the Park Easement Area as part of the Arden Manof Park Improvement Project. . E. Construction of the improvements to the Park Easement Area and related storm water drainage improvements will benefit the Landowner. 3.0 Terms and Conditions. In consideration of the undertakings herein expressed, the parties agree as follows: 1. The City will award contracts and construct improvements to the Arden Manor Park and related storm water drainage improvements pursuant to the plans and specifications prepared by BRW. 2. The City will not specially assess the costs of constructing such improvements to the Landowner. 3. On or before November 15, 1999, the Landowner will convey title to the Park Easement Area to the City by Warranty Deed free and clear of all liens or encumbrances. . 1