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TOWN CENTER GARDENS <br /> DEVELOPMENT AGREEMENT <br />CITY OF tLadVISEY, ~NOKA COUNTY, MINNESOTA <br /> <br /> THIS AGREEMENT, made and entered into by and between the CITY OF RAg,ISEY, <br />a municipal corporation under the laws of' the State of Minnesota (the "CITY"), and <br />BRIGHTKEYS DEVELOPMENT CORPOlrL4~TION, a Minnesota corporation, whose <br />address is ("DEVELOPER"). <br /> <br />WITNESSETH: <br /> <br /> WHEREAS, the DEVELOPER is the fee owner of the following described property <br />situated in the CITY OF K'KMSEY, County of .&~oka, State of Minnesota, and legally described <br />as £ollows: <br /> <br />Lot I. Block 1, Town Center North, according to the recorded plat thereof, Anoka <br />County, Minnesota <br /> <br />?u:ld <br /> <br />The south 609.00 feet of the east 650.00 feet of the north half of the Northeast Quarter <br />of Section 28, Township 32, Range 25, Anoka County, Minnesota <br /> <br />-186- <br /> <br />or upon recording - <br /> <br />Aaoka County Minnesota <br /> <br />(the "Subject Property"); and <br /> <br /> WHEREAS.~ on July...~,'~? ,.002, pursuant to Resolution No. 03-07-__, the CITY approved <br />the prelimina~ plat of the Subject Property.' which plat is known as TOWN CENTER <br />GARDENS (the "Plat"), which approval is contingent o n certain requirements, including t he <br />DEVELOPER and the CITY entering into this Ageement; and <br /> <br /> WHEREAS, on August 13, 2003, the DEVELOPER submitted a final ~ading plan (the <br />Gi~DING PLA:N) dated August 12, 2003 and prepared by Pioneer Engineering; and <br /> Town Center Gardens Subdivision <br /> Development Agreement <br /> Page 1 of 12 <br /> <br /> <br />