CCP 08-09-1999 - Laserfiche WebLink

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e e e '. __ I A tI-~ t ",ltVtv-t A [ ",J\FT DEVELOPMENT AGREEMENT JOSEPHINE EAST, LLC This Agreement is made and entered into to be effective the day of , 1999, by and between the City of Arden Hills, a municipal corporation and political subdivision of the State of Minnesota (the "City"), and Josephine East, LLC, a Minnesota Limited Liability Company (the "Developer"). RECITALS 1. On May 24, 1999, the Arden Hills City Council approved Planning Case 99-03 (the "Approval") relative to the platting and development of certain property located within the City and described as follows (the "Property"): Pa ree I 1: (a bstract property) The North 80 feet of the South 237.40 feet of that part of Government Lot 7, North of the South 6 acres in Section 34. Township 30, Range 23, Ramsey County, Minnesota. Parcel 2: (torrens property - Certificate of Title No. 276605) The North 80 feet of the South 157.4 feet of all that part of the South Y20f Lot 7, Section 34, Township 30, Range 23 lying North of the South 6 acres of said Lot 7, together with and subject to a perpetual right-of- way over that certain roadway running from Lexington Avenue Westerly toward Lake Josephine at a point approximately 196.45 feet South of the Northerly line of South 1/2 of that part of Government Lot 7 lying North of South 6 acres thereof. 2. The Approval was subject to a number of conditions and contingencies. 3. In orderto help clarify and define the parties respective obligations with respect to the development of the Property, the parties have agreed to enter into this Development Agreement. NOW THEREFORE, the parties hereto hereby agrees as follows: 1. Conditions and Qualifications Rel!:ardine: the Approval. The Approval conditioned the approval of the final plat upon the conditions and qualifications set forth and described below with which the Developerhereby agrees to comply: A. Title. The Developer shall provide to the City evidence of title to the Property 1