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<br />Sep,10, 20.01 9:;2 <br /> <br />BAR JGUZY&STEFFAN <br /> <br />t'llo ' 5 ~3 [j I <br /> <br />r, <br />r, <br /> <br />:) <br /> <br />DEVELOPIVIENT CONTRACT <br /> <br />PHEASANT MARSH <br /> <br />CENTERVILLE, Ml~,]\;"ESOT A <br /> <br />THIS AGREEMENT, made and entered into this _~ day of _' 20_-" by <br />and be~;yeen the City of Ce.nterville, El municipal GQJ:poration organized under t.qe la\vs of the <br />Stone ot' ]v.finnesota (the "Chi'), and Ground Development, Inc., a f>.fi.t11lesota corpoxation (the <br />"Developel'''). <br /> <br />RECITALS: <br /> <br />'vVHEREAS, the Developer has received approval fromrhe City C01illCil for a preliminary plat of <br />land vP1thin 'me corporate limits of the City, which plat is known as Pheasant Marsh, hereinafter <br />called "Subdivision"; and <br /> <br />WHEREAS, !hi' De';;iileper h:1.~]i~cl, tcrthe City :obe-eUo';;ed to, :1: t]::e I:!!l'.-elcpcr's 8Xpi!!~ <br />€\:lt;;.SWli1t &11 surface stl'eeto, e~ g,ad gU~:€l~, ,r"'''fUired-4andsouping, :'terea-t1cHlal !:rail, ;;torn'l-13EJ1""@~-, <br />stc,)tln '1"I,'atli!:' po:ndo, arainage fill;iHtat18, 'saterm::rin 3:BU sanitary SiE:1\vet fJ.eili6~s, h~r3iGa~' <br />NlfotroG. :0 at] "StNet <mcll.i:Ei.1i~y I;npl'''T,"~raeats''; ~mcl <br /> <br />M:IEREAS, ~ Develo-per has reauesred L e Cit to conSl:rnct a surface sU'eets. sid~valks., curb <br />!IDa. \?utter, recreation.a1 trmls. stonn sewer. drainage facilities, water main and sanitary sewer <br />acihties . .ereinafter referred to as "Street an~ Utility Improvements": and <br /> <br />VlHEREAS. the Develooer and the Cit~e to establish herein rue finatlQial resDonsibiHty for <br />t!le Street and Utility Imorovements: and ~ - . 4 <br /> <br />\VHEREAS.. the DeVeloper is to be responsible for the installation and financing of cenaUl <br />private improvements within the plat, hereinafter refened to as "Private Improvements". <br /> <br />NOW, TlffiREFORE, in consideration cfthe mur-tlat promjses of the parties m,ade herein, it is <br />agreed by and between the parties as follows; <br /> <br />A. REPRESENTATIONS OF DEVELOPFK As indl~cement to the City's approyal and <br />authorization to proceed "7y"ith construction and entering into this Agxt'emrnr, the <br />Deve.loper represents aud warrants to the City: <br /> <br />1. <br /> <br />T'nat tlle DevelQper is the fee Qvmer of the property and has authDrity :;0 emi.i:r into <br />this Agreement. <br /> <br />'") <br />_. <br /> <br />That ~1e subdivision complies with aLl City, County, State and Federal1aws and <br />regulations, inc.luding but not limited to City subdivision ordinances a..."1d zoning <br />ordinances. <br />