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<br />f <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />DRAFT#J~ <br /> <br />INTERIM AGREEMENT <br /> <br />1.0 Parties. THIS INTERIM AGREEMENT is dated the day of <br />, 2002, and is entered into by and between the City of Arden Hills, a Minnesota statutory <br />city (herein "City") and CRR, LLC, a Minnesota limited liability company <br />("Developer"). <br /> <br />2.0 Recitals. <br /> <br />A. WHEREAS, the City anticipates receiving frornTwin City Armv <br />Ammunition Plant ("TCAAP Site") is located in Ramsev County and <br />lYitbin the comorate boundaries of the City: <br /> <br />B. <br /> <br />WHEREAS. are-utilization Dlan for the TCAAP Site has been <br />DreDared: !!enerally illustrates a maior area of continuin!! control and <br />use bv the Minnesota Armv National Guard. an area for ODen soace <br />and recreational use. and an area for residential and commercial use: <br />and is commonly known as the "Vento Plan" which is attached hereto <br />as Exhibit A: <br /> <br />C. WHEREAS. the U.S. DeDartment ofthe Armv has determined that <br />aDDroximatelv 774 acres (the "Excess Area") of the TCAAP Site are no <br />lon!!er necessarY for U.S. Armv Dumoses. and has reDorted to the <br />General Services Administration ("GSA") a conveyanee of approximately <br />771 acres of the former Twin Cities Army "\mmuBition Plant ("TC-\.."..P <br />Site") whieh isthat the Excess Area is available for distribution: <br /> <br />D. WHEREAS, the City anticiDates that 661 acres of the Excess Area will <br />be conveyed to the Citv (" AH Redevelooment Area"). and that 113 <br />acres of the Excess Area will be conveyed to Ramsev County ("Rice <br />Creek Corridor Area"). as more particularly described or ilmstrated on <br />Exhibit "A. attached; <br /> <br />B. "'HEREl.S, the City desires to ha'le the TCl.f.P Site developed as a <br />mixed \lse open space, recreational, eommereiaI, residential and <br />professional development ("Projeet") generally consistent with this portion <br />of the Vento Plan, attached as Exhibit B ("TC"..AP Utilization Plan"); <br /> <br />C. <br />E. <br /> <br />WHEREAS, on Exhibit B attached hereto: <br />WHEREAS. the parties agree that the TC^~\P Utilization Plan <br />providesAH RedeveloDment Area will be develooed oursuant to the <br />