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DEVELOPMENT CONTRACT <br /> CENTER VILLA <br /> CENTERVILLE, MINNESOTA <br /> THIS AGREEMENT, made and entered into this day of , 19 , by <br /> and between the City of Centerville, a municipal corporation organized under the laws of the <br /> State of Minnesota (the "City "), and Land Holding Group, Inc., a Minnesota corporation (the <br /> "Developer "). <br /> RECITALS: <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 Center Villa, hereinafter <br /> called "Subdivision"; and <br /> WHEREAS, the Developer has applied to the City to be allowed to at the Developer's expense to <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 /> WHEREAS, the Developer is to be responsible for the installation and financing of certain <br /> private improvements within the plat, hereinafter referred to as "Private Improvements ". <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 /> 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 /> 1. That the Developer is the fee owner of the property and has authority to enter into <br /> this Agreement. <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 /> 3. The subdivision complies with all wetland protection legislation. <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 /> 1. Cost of Private Improvements, description: <br />