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<br /> MALLARD PONDS
<br /> PROPOSED PLANNED UNIT DEVELOPMENT
<br /> AND SUBDIVISION AGREEMENT
<br />CITY OF RAMSEY, AaNOKA COUNTY, MINNESOTA
<br />
<br />THIS AGREEMENT, made and entered into by and between the CITY OF R,~VlSEY,
<br />a municipal corporation of the State of Minnesota (the "CITY"), and BULOW, INC., a
<br />Minnesota corporation, whose address is PO Box 506, Elk River, Minnesota 55433 (the
<br />"DEVELOPER").
<br />
<br />1. REQUEST FOR SUBDIVISION AND PLANNED UNIT DEVELOPMENT
<br />
<br />APPROVAL
<br />
<br />The DEVELOPER is the fee owner of the following described property situated in the
<br />CITY OF RAMSEY, County of Anoka, State of Minnesota, and legally described as
<br />follows:
<br />
<br />Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23,
<br />24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44,
<br />45,46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, and 58 Block 1; Lots 1, 2, 3, 4, 5,
<br />6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28,
<br />29, 30, 31, 32, 33, 34, 35, and 36 Block 2; Outlot A; Mallard Ponds, Anoka
<br />County, Minnesota.
<br />
<br />(the "Subject Property"); and
<br />
<br />The DEVELOPER has requested final plat approval and a rezoning to PUD to facilitate
<br />development of the subject property with 26 detached townhomes, 16 twinhome units and
<br />9 quad-home un/ts.
<br />
<br />2. SUBDIVISION AND PLANNED UNIT DEVELOPMENT APPROVAL.
<br />
<br />On June 13, 2000 pursuant to Resolution No. 00-06-__, the CITY approved the final plat '
<br />of the Subject Property which plat is known as MALLARD PONDS (the "Plat"), which
<br />approval is contingent on the terms and conditions of this agreement, including the
<br />DEVELOPER and the CITY entering into this agreement.
<br />
<br />On June 13, 2000, pursuant to the Ordiance #00-__, the CITY approved the request to
<br />rezone the Subject Property to PUD.
<br />
<br />The CITY hereby approves the Mallard Ponds PUD (the "Development") as shown on
<br />the following exltibits. The DEVELOPER shall develop the Subject Properly'in
<br />accordance with the plans shown on the exhibits. If, however, the extfibits vary from the
<br />written terms of this Agreement, the written terms shall control. The exhibits include:
<br />
<br />-237-
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