09-10-07 Item 4F, Lake Johanna Woods

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DEVELOPMENT AGREEMENT CITY OF ARDEN HILLS ARLENE P. BOUTIN PC NO. 06-039 1.0 Parties. This Agreement is dated the 1 ih day of March 2007 and is entered into by and between City of Arden Hills, a Minnesota statutory city, (herein "City"); and Arlene P. Boutin, her successors and assigns (herein "Developer"). 2.0 Recitals. A. Developer is the record fee owner of the following described property which will be platted as "Lake Johanna Woods": Lots 1, 2 and 3, Block 2, Arden Hills, Ramsey County, Minnesota; and Lot 1, Block 1, Weeks Addition, according to the recorded plat thereof, Ramsey County, Minnesota, except that part lying Westerly of the following described line: Beginning at the Northeast corner of said Lot 1; thence Westerly along the North line of said Lot 1 a distance of 158.20 feet; thence deflecting South 78 degrees 28 minutes a distance of 80.26 feet; thence deflecting West 16 degrees 28 minutes a distance of 83 feet, more or less, to the shoreline of Lake Johanna and there terminating; and, except that part lying South of the following described line: Beginning at the Southeast corner of said Lot 1; thence North along the East line of said Lot 1 a distance of 50 feet; thence South 76 degrees West, a distance of 72 feet, more or less, to the shore of Lake Johanna and there terminating. B. On the 1ih day of March 2007, the Arden Hills City Council reviewed the Development Application for the Final Plat of Lake Johanna Woods; the Arden Hills Staff and Consulting Reports; and approved the Final Plat of Lake Johanna Woods subject to the terms and conditions contained herein. 3.0 Terms and Conditions. In consideration of the City's approval of the Final Plat of Lake Johanna Woods and the obligations expressed herein, the parties agree as follows: A. Compliance with Plans. Developer shall subdivide and configure the property pursuant to the Plan prepared by Passe Engineering, Inc. dated the 151 day of August 2006 and attached hereto as Exhibit A.