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<br />11111111111111111111111111111111111111111111 <br />Record 10 1683310 <br /> <br />. <br /> <br />.. <br /> <br />i <br />RECE\\IE.O <br />!'1M 'l2 'tUOO <br />CENTERVILLE., MN <br /> <br />, <br /> <br />'-- <br /> <br />1984206.020 <br /> <br />DEVELOPMENT/SUBDIVISION AGREEMENT <br />(Developer Installed Improvements) <br /> <br />Pheasant Marsh 3rrl Addition <br /> <br />TillS DEVELOPMENT/SUBDIVISION AGREEMENT ("Agreement") dated <br /> <br />?"--s\ <br /> <br />, 2006, by and between the CITY OF CENTERVILLE, a Minnesota municipal <br /> <br />corporation ("City"), and Ground Development Corporation, a Minnesota corporation (the <br /> <br />"Developer"). <br /> <br />1. REQUEST FOR PLAT AND DEVELOPMENT APPROVAL. The <br /> <br />Developer has asked the City to approve a final plat for Pheasant Marsh 3'd Addition (referred to <br /> <br />in this Agreement as the "Plat"). The land ("Laod") is situated in the County of Anoka, State of <br /> <br />Minnesota, aod is legally described on the attached Exhibit A. <br /> <br />2. CONDITIONS OF PLAT AND DEVELOPMENT APPROVAL. The City <br /> <br />hereby approves the final Plat on condition that the Developer enter into this Agreement, furnish <br /> <br />the security required by it, and record the Plat with the County Recorder or Registrar of Titles <br /> <br />within one hundred (100) days after the execution of this Agreement. If the final Plat is not <br /> <br />recorded within the one hundred (100) days, the approval of the Plat is void, unless a written <br /> <br />request for ao extension is submitted to the City Administrator before the one hundred (100) <br /> <br />days expire. The extension will be approved or denied by the City Council within fifteen days. <br /> <br />Q:\Agreements\Pheasant Marsh 3\Pheasant Marsh 3rd Addition Vl5.doc <br /> <br />Page I <br />