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<br />DEVELOPMENT CONTRACT <br /> <br />HUNTERS CROSSING <br /> <br />CENTERVILLE, MINNESOTA <br /> <br />THIS AGREE11ENT, made and entered into this 12th day of Ju 1 Y , 200~, by <br />and between the City of Centerville, a municipal corporation organized under the laws of the <br />State of Minnesota (the "City"), and Richard S. Carlson and , a Minnesota partnership <br />(the "Developer"). Associates, a L.L.P. <br /> <br />RECIT ALS: <br /> <br />WHEREAS, the Developer has received approval from the City Council for a preliminary plat of <br />land within the corporate limits of the City, which plat is known as Hunters Crossing, hereinafter <br />called "Subdivision"; and <br /> <br />WHEREAS, the Developer has applied to the City to be allowed to, at the Developer's expense, <br />construct all surface streets, curb and gutter, required landscaping, recreational trail, storm sewer, <br />storm water ponds, drainage facilities, water main and sanitary sewer facilities, hereinafter <br />referred to as "Street and Utility Improvements"; and <br /> <br />WHEREAS, the Developer is to be r,~~ponsible for the installation and financing of certain <br />private improvements within the plat, ~lieinafter referred to as "Private Improvements". <br /> <br />NOW, THEREFORE, in consideration of the mutual promises of the parties made herein, it is <br />agreed by and between the parties as follows: <br /> <br />A. REPRESENTATIONS OF DEVELOPER. As inducement to the City's approval and <br />authorization to proceed with construction and entering into this Agreement, the <br />Developer represents and warrants to the City: <br /> <br />1. That the Developer is the fee owner of the property and has authority to enter into <br />this Agreement. <br /> <br />2. That the subdivision complies with all City, County, State and Federal laws and <br />regulations, including but not limited to City subdivision ordinances and zoning <br />ordinances. <br /> <br />3. The subdivision complies with all wetland protection legislation. <br /> <br />B. PRIVATE IMPROVEMENTS. The Developer will construct and install at Developer's <br />expense the general improvement construction according to ordinance #8, Section 38.01 <br />and other improvements specific to the development herein set forth: <br /> <br />1. Cost of Private Improvements, description: <br />