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-212- <br /> <br /> CITY OF RAMSEY <br /> ANOKA COUNTY, MINNESOTA <br />DEVELOPMENT AGREEMENT - ECHO RI~GE SECOND ADDITION <br /> <br /> THIS AGREEMENT, made and entered into by and between the CITY OF RAMSEY, <br />a municipal corporation of the State of Minnesota (the CITY"), and ROBERT AND K~I <br />LONGFIELD, whose addresses are 15751 177TM Ave., Ramsey, ~ 55303 (the <br />"DEVELOPER"). <br /> <br />WITNESSETH: <br /> <br /> WHEREAS, the DEVELOPER are the fee owner of the following described property <br />situated in the CITY OF RAMSEY, County of Anoka, State of Minnesota, and legally described <br />as follows: <br /> <br />Lot 2, Block 1, Echo Ridge, Anoka County, Minnesota <br /> <br />Or upon recording: <br /> <br />Lots 1, 2,, Block 1, Echo P, Jdge Second Addition, Anoka County, Minnesota. <br /> <br />(the "Subject Property"); and <br /> <br /> WHEREAS, on September 24, 2002, pursuant to Resolution #02-09- , the CITY <br />approoed the final plat of the Subject Property which plat is known as ECHO RIDGE <br />SECOND ADDITION (the "Plat") contingent on certain requirements, . including <br />DEVELOPER and CITY entering into this agreement; and <br /> <br />WHEREAS, the Plat consists of two (2) lots totaling approximately 10 acres; and <br /> <br /> WHEREAS, approval of the Final Plat is given pursuant to the City's Subdivision Code <br />Section 9.50.05 (Subd. 1) entitled "Division or Consolidation of platted Lots". <br /> <br /> WItEREAS, no expenditure of CITY funds will be made until City Code escrow <br />requirements have been fulfilled by the DEVELOPER. <br /> <br />NOW, THEREFORE, the CITY and DEVELOPER agree as follows: <br /> <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br />I <br /> I <br />I <br />I <br />I <br />I <br />I <br /> <br /> <br />