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2005-10-26 CC Packet
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2005-10-26 CC Packet
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5/9/2006 2:38:18 PM
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10/28/2005 11:37:45 AM
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<br />STATE OF MINNESOTA <br />COUNTY OF ANOKA <br /> <br />DISTRICT COURT <br /> <br />TENTH JUDICIAL DISTRICT <br />CASE TYPE: OTHER CIVIL <br /> <br />City of Centerville, a Minnesota Municipal <br />Corporation, <br /> <br />Court File No. C7-03-9616 <br /> <br />Plaintiff, <br /> <br />vs. <br /> <br />SETTLEMENT AGREEMENT AND <br />MUTUAL RELEASE <br /> <br />Royal Oaks Realty, Inc., a Minnesota <br />Corporation, <br /> <br />Defendant. <br /> <br />This Settlement Agreement and Mutual Release is made and entered into this <br /> <br />day of October, 2005 by and between the City of Centerville ("Centerville") and Royal Oaks <br /> <br />Realty, Inc. ("Royal Oaks") (collectively ''the parties"). <br /> <br />WHEREAS, the above-captioned action was instituted by Centerville against Royal <br /> <br />Oaks to recover from Royal Oaks unpaid engineering and administrative fees pursuant to the <br /> <br />terms of certain Development Agreements entered into by the parties for the benefit of Royal <br /> <br />Oaks' Lakeland Hills and Royal Industrial Park real estate developments; and <br /> <br />WHEREAS, Royal Oaks denied that it owed Centerville any further engineering and <br /> <br />administrative fees pursuant to said Development Agreements; and <br /> <br />WHEREAS, the parties in this action wish to release and discharge each other for any <br /> <br />and all claims that have been brought in this action or could have been brought in this action; and <br /> <br />" .' " " <br /> <br />NOW THEREFORE, in consideration of the payments hereunder and other good and <br /> <br />valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties <br /> <br />hereby agree as follows: <br /> <br />1 <br /> <br />3iOJ <br />
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