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-t76- <br /> <br /> BIRCH HILL LODGES TOWNHOMES <br /> DEVELOPMENT AGREEMENT <br />CITY OF RAMSEY, ANOKA COUNTY, MINNESOTA <br /> <br />THIS AGREEMENT, made and entered into by and between the CITY OF RAMSEY, a <br />municipal corporation of the State of Minnesota (the "CITY"); and U.S. HOME <br />CORPORATION, a Delaware corporation, whose address is 8421 Wayzata Blvd. #300, Golden <br />Valley MN 55426 (the "DEVELOPER"). <br /> <br />WlTNESSETH: <br /> <br /> WHEREAS, the DEVELOPER is 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 />That part of the East Half of the Northwest Quarter, Section 25, Township 32, <br />Range 25, Anoka County, Minnesota, described as follows: <br /> <br />Commencing at the southeast comer of said Northwest Quarter; thence on an <br />assumed bearing of South 89 degrees 21 minutes 46 seconds West, along the south <br />line of said Northwest Quarter, a distance of 233.92 feet to the centerline of St. <br />Francis Boulevard NW (State Trunk Highway No. 47); thence northwesterly a <br />distance of 221.52 feet, along said centerline on a nontangential curve concave to <br />the west, radius 1145.92 feet, central angle 11 degrees 04 minutes 34 seconds, <br />chord beating north 06 degrees .17 minutes 35 seconds west; thence north 11 <br />degrees 49 minutes 52 seconds west, tangent to said curve and continuing along <br />said centerline, a distance of 861.48 feet to the point of beginning of the land to be <br />described; thence south 89 degrees 21 minutes 46 seconds west, parallel with the <br />south line of said Northwest Quarter, a distance of 888.64 feet to the intersection <br />with the west line of said East Half of the Northwest Quarter; thence north 00 <br />degrees 07 minutes 22 seconds west, along said west line, a distance of 757.00 <br />feet; thence north 89 degrees 21 minutes 46 seconds east, parallel with the south <br />line of said Northwest Quarter, a distance of 731.98 feet to the intersection with a <br />line bearing north 11 degrees 49 minutes 52 seconds west from the point of <br />beginning, said line being the centerline of said St. Francis Boulevard NW (State <br /> <br /> <br />