Agenda - Council - 06/22/1999 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I CITY OF RAMSEY ANOKA COUNTY, MINNESOTA DEVELOPMENT AGREEMENT NORTHFORK ITASCA POINT ADDITION THIS AGREEMENT, made and entered into by and between the CITY OF RAMSEY, a municipal corporation of the State of Minnesota (the "CITY"), and NORTH FORK, INC., a Minnesota corporation, whose address is 713 Bradford Avenue N., Champlin, Minnesota, ("the DEVELOPER"). WlTNESSETH: WHEREAS, the DEVELOPER is the fee owner of the following described property situated in the CITY OF RAMSEY, County of Anoka, State of Minnesota, and legally described as follows: Lots 1, 2, 3, 4, 5, 6, and 7, Block 1; Northfork Itasca Point Addition, Anoka County, Minnesota; the "Subject Property"; and WI-IEREAS, on June 22, 1999, pursuant to Resolution 99-06- , the CITY approved the final plat of the Subject Property which plat is known as NORTHFORK ITASCA POINT ADDITION (the "Plat") contingent on certain requirements, including DEVELOPER and CITY entering into this contract; and WHEREAS, the final plat for the Subject Property conforms to the preliminary plat for Northfork Itasca Point Addition approved by the CITY on June 8, 1999; and WHEREAS, the DEVELOPER herein attests to the fact that there are wetlands existing on the Subject Property; and WHEREAS, no expenditure of CITY funds, will be made until the City Code escrow requirements have been fulfilled by DEVELOPER; and WHEREAS, City Code Section 9.50.50 defines "Stage I" Improvements and "Stage II" Improvements which definition is used herein when reference is made to "Stage I" and "Stage 11" Improvements; and