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<br />Development Contract <br />Eagle Pass <br />Centerville, Minnesota <br /> <br />(Developer Installed Improvements) <br /> <br />THIS AGREEMENT made this 97k- day of'];:J.t2UJ...o-&v.-, 1996, is by and between <br />the City of Cen(erviUe, whose address is 1880 Ma!n Street, Cemervil1e, Mimlesota 55038, a <br />municipal corporation organized undc:r the laws of the State of Minnesora, hereinafter referred to <br />as ttle "Cit:y", and Gor-Em, LLC, a Minnesota limited lia.Qility company, whose address is 10732 <br />Hanson Boulevard, Coon Rapids, MN 55433, hereinafter referred to as the "Developer". <br /> <br />WHEREAS, the Developer has received approval from tlli; City Council for a preliminary <br />plat of land within w.1.e corporate limits of the City known as Eagle Pass, hereinafter called <br />,. Subdivision"; and <br /> <br />V/HEREAS, chc Developer has applied to lhe City [0 be allowed at tb,e Developer's expense <br />to construct a.ll surfaced streets, curb and gUHer, required land~caping, storm sewer, storm\vater <br />ponds, draiIJ.age facilities, waterrnain and sanitary se\ver facilities, hereinafter referred to as Street <br />and Utility Improvements; and <br /> <br />WHEREAS, the Developer is to be responsible for the installation and financing of certain <br />private improvements ivithin the plat, hereinafter referred w a~ Privalt Improvements; <br /> <br />NOW, THEREFORE, in consideration of the mutual promises of me parties made herein, <br /> <br />IT IS AGREED BY AND BETWEEN THE PARTIES HERETO: <br /> <br />A. PRiVATE uvlPROv'El"JE~TS. The Developer will constmct and install ar Developer's <br />expense the general improvement constl1.1ction according to ordinance #8, Section 38.01 and <br />other improvements specific to Lhe development herein set forth. <br /> <br />1, Cost of Private Improvemems, description: <br /> <br />a. <br /> <br />Street name sign::> <br />JDDroximattly 7 @ $250/each <br />. . <br /> <br />$1,750 <br /> <br />b. <br /> <br />Traffic signs SLOp sign, dead-end. etc.) <br />approximateiy 17 @ S20G/each <br /> <br />$3,400 <br /> <br />c, <br /> <br />Utility markers <br />approximarely 5 @ $200 <br /> <br />$1 ,000 <br /> <br />d <br /> <br />Street sweeping <br />6 each @ $600/each <br /> <br />$3,600 <br />