Agenda - Council - 03/12/1996 - Laserfiche WebLink

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print area of between 5,000 square feet and 10,000 square feet with adequate parking areas. The buildable parcel to be created may in the discretion of AEC and/or the City of Ramsey be sufficient to support a building having a foot print area in excess of 10,000 square feet. 4. AEC and/or the city of Ramsey will attempt to market the Lot to a commercial or'industrial user. In that regard, AEC and/or the City of Ramsey will use their best efforts to market the Lot and will offer incentives at least comparable to those offered by them to other users in the area. The City of Anoka may assist in the marketing efforts, in which case the parties will use their best efforts to cooperate with each other in that regard. 5. If the actions specified in paragraphs 1, 2, and 3, above, have been completed by January 1, 1997, and the marketing efforts specified in paragraph 3 have been made, but the Lot has not been successfully marketed by December 31, 1999, then the city of A~oka will remove its electric transmission line from Parcels A and B and relocate it in the rights-of-way of County Road 116 (Industry Avenue) and Sunwood Drive as shown on Exhibit D attached to this agreement. 6. AEC and/or the City of Ramsey will be responsible for all costs in connection with the activities undertaken by them pursuant to paragraphs 1-4, above, and will be responsible for obtaining all necessary governmental approvals and undertaking all necessary corrective and remediation efforts required in connection with said activities. 3 I I I I I I I I