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<br />FIRST AMENDMENT TO THE <br />DEVELOPMENT AGREEMENT <br />CITY OF ARDEN HILLS <br />ARLENE P. BOUTIN <br />PC NO. 06-039 <br /> <br />1.0 PARTIES. This Agreement is dated the 10th day of September 2007, and is <br />entered into by and between City of Arden Hills, a Minnesota statutory city, <br />(herein "City"); and Arlene P. Boutin, her successors and assigns (herein <br />"Developer"). <br /> <br />2.0 RECITALS. <br /> <br />A. Developer is the record fee owner of the following described property <br />which will be platted as "Lake Johanna Woods": <br /> <br />Lots 1, 2 and 3, Block 2, Arden Hills, Ramsey County, Minnesota; and <br />Lot 1, Block 1, Wecks Addition, according to the recorded plat thereof, <br />Ramsey County, Minnesota, except that part lying Westerly of the <br />following described line: Beginning at the Northeast corner of said Lot 1; <br />thence Westerly along the North line of said Lot 1 a distance of 158.20 <br />feet; thence deflecting South 78 degrees 28 minutes a distance of 80.26 <br />feet; thence deflecting West 16 degrees 28 minutes a distance of 83 feet, <br />more or less, to the shoreline of Lake Johanna and there terminating; and, <br />except that part lying South of the following described line: Beginning at <br />the Southeast corner of said Lot 1; thence North along the East line of <br />said Lot 1 a distance of 50 feet; thence South 76 degrees West, a <br />distance of 72 feet, more or less, to the shore of Lake Johanna and there <br />terminating. <br /> <br />B. The Parties wish to Amend Section 3 (G) of the Development Agreement <br />as hereinafter specified. <br /> <br />3.0 TERMS AND CONDITIONS. In consideration of the undertakings herein <br />expressed, the City and Developer agree as follows: <br /> <br />A. Section 3 (G) of the Agreement is hereby Amended in its entirety to <br />read as follows: <br /> <br />G. Park Dedication. Developer shall pay a Park Dedication Fee <br /> <br />