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2/21/2024 12:15:36 PM
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Planning Files - Planning File #
1787
Planning Files - Type
Planning-Other
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Kaufhold. The City shall furnish, leg engineering, and The <br />administrative services necessary to r 'sh this sale. <br />deed transferring said one (1) acre of lane nall be subject to <br />easements, reservations, and restrictions of record, <br />aif any. <br />Kaufhold will pay any taxes due and anyunpaid <br />ssments <br />due in calendar year 1988. The parties agree that this property <br />has been tax exempt, except that it has not been exempt from <br />special assessments, and Kaufhold will be responsible for any <br />unpaid special assessments. <br />3. Tax Increment <br />taxnancrementlt is financingefromtthethat <br />City when <br />Kaufhold will request 1990 and <br />he develops the Lexington school site between July 31, <br />July 31, 1998. The City will use its best efforts to give <br />favorable consideration itoi$aumffhdeld's request for such tax <br />increment financing if <br />4. Zoning. This Agreement is conditioned upon the City <br />rezoning t e Lexington School �rcel so that the vision subdivisionts on datedthe <br />July <br />preliminary plat of the Lexarti <br />28, 1988 shall be zoned as follows: <br />a. Lot 1 - to be zoned R-1. <br />b. Lot 2 - to be zoned R-3A. <br />C . Lot 3 - to be zoned 3-3. <br />5. one Acre From School District. The Independeent School <br />District No. wit a retaYning once acre of the Lexington <br />School site and shall he tranasame <br />outsidathe <br />ofCth� of <br />Roseville by warranty deed to consideration <br />purview of this Agreement. Such transfer, however, is a <br />precondition to this Agreement becoming effectivc- <br />6. Time. • It is contemplated by tine parties that those <br />actions necessary to accomplish the requirements of this <br />agreement will be done as close as poossibl to the closing data <br />23. <br />between Kaufhold and Ind+.Pendnt <br />7. Dismissal and Release. Kaufhold has in they past filed <br />applications watt t,'e city for var ous and differant uses of his <br />land, And said applications have been denied by then City. The <br />land referred to is the land Kaufhold purchased from School <br />District 62'3 tit the corner of Lexington Avenue and County Road 8 <br />in the City of Roseville. Theses applications which have been <br />denied have been for zoning changes, variances, and applications <br />to plat the property. Kaufhold has expressed the opin'on that <br />,some of these denials were unlawful and has threatened the City <br />with litigation. In the event Kaufhold has commenced any such <br />litigation, he will. Promptly dismiss tiie same with prejudice. <br />Kaufhold further acknowledges that in consideration of <br />that the City <br />i^ eltay0no for the land set forth in paragraph 2 <br />pa <br />hereby releases and discharges the City from all cdusam of a�.L�he or. <br />r g <br />lies may have against tale City for any of the City's actions <br />denying tile3 applications referred to above. <br />
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