CCP 07102023 - Laserfiche WebLink

Home

CITY OF ROSEVILLE PROJECT AGREEMENT 1415 County Road B West THIS PROJECT AGREEMENT (“Agreement”) is made this ____ day of ______, 2023, by and between the City of Roseville, a municipal corporation under the laws of the State of Minnesota (the “City”) and Apartments Roseville, a Limited Liability Corporation under the laws of the State of Minnesota (the “Developer”) (Together the “Parties”). RECITALS A.Developer is the fee owner of real property (the “Property”) in the City of Roseville (the “Property”) legally described as follows: That part of the Southwest quarter of the Southeast quarter of the Southwest quarter of Section 10, Township 29, Range 23, Ramsey County, Minnesota, described as follows: Beginning at the intersection of the South line of said quarter quarter quarter Section with a line parallel with and 60 feet West of the East line of said quarter quarter quarter Section; thence north along said 60 foot line, a distance of 357.0 feet to an iron monument and the beginning of a curve bearing Northwesterly; thence Northwesterly along a curve with its tangent parallel to County Road B and a radius of 357.20 feet, a distance of 185.0 feet; thence Southwesterly 194.80 feet to the intersection of a line 340.0 feet West of and parallel with the East line of said quarter quarter quarter Section at a point 239.0 feet North of the South line of said quarter quarter quarter Section; thence South along said parallel line 239.0 feet; thence East 280 feet to the point of beginning. Subject to County Road B. Torrens Property; Certificate No. 361221 Exhibit A and Ramsey County, Minnesota PID 102923340006 B.Developer intends to construct an apartment building at 1415 County Road B West, on the Property (the “Project”)which will include construction of a public sidewalk along Albert Street North. C.The City Council took the following action related to the Project (together the “City Approvals”): Approved residential density greater than 24 dwelling units per acre in support of a proposed apartment project (PF22-012) on November 28, 2022. D.The City and the Developer now desire to enter into this Project Agreement (“Agreement”) setting forth certain requirements and obligations relating to the development of the Property, including but not limited to the execution and recording of certain instruments, and payment of fees and other obligations related to the Property. 1 RS160\\10\\864844.v1