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CITY OF RAMSEY <br /> ANOKA COUNTY, MINNESOTA <br /> DEVELOPMENT AGREEMENT <br />RAMSEY COMMERCIAL PARK SECOND ADDITION <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 CHARLES CHRISTIAN <br />and BARBARA CHRISTIAN, husband and wife, whose address is 21000 Rogers Drive, <br />Rogers, Minnesota ("the DEVELOPER"). <br /> <br />WlTNESSETH: <br /> <br /> WHEREAS, the DEVELOPERS are the fee owners of property situated in the CITY <br />OF RAMSEY, County of Anoka, State of Minnesota, and legally described as follows: <br /> <br />Lots 1, 2 and 3, Block 1; Lot 1, Block 2; Outlot A, RAMSEY COMMERCIAL PARK <br />SECOND ADDITION, Anoka County, Minnesota <br /> <br />(the "Subject Property"); and <br /> <br /> WHEREAS, on December 10, 1996, pursuant to Resolution #96-12-..., the CITY <br />approved the final plat of the Subject Property which plat is known as RAMSEY <br />COMMERCIAL PARK SECOND ADDITION (the "Plat") contingent on certain <br />requirements, including DEVELOPERS and CITY entering into this agreement; and <br /> <br />WHEREAS, the Plat consists of four (4) lots and one (1) out. lot. <br /> <br /> WHEREAS, approval of the Final Plat is given pursuant to the City's Subdivision Code <br />Section 9.50.05 (SUM. 1) entitled "Division or Consolidation of Platted Lots" and Section 9.50.05 <br />(SUM. 2) entitled "Division or Consolidation of Unplatted Lots". <br /> <br /> WHEREAS, no expenditure of CITY funds will be made until City Code escrow <br />requirements have been fulgrlled by the DEVELOPER. <br /> <br />NOW, THEREFORE, the CITY and DEVELOPER agree as follows: <br /> <br />IMPROVEMENTS <br /> <br />Access to Lots. All lots shall receive public access from 153rd Avenue N.W. <br /> <br />Future Roadways. Out. lot A is intended to provide future road access to property <br />located northwest of.the Plat and the DEVELOPER herein agrees to convey the deed for <br />Outlot A to the CITY prior to the CITY releasing the plat for recording.' It is further <br />agreed that at such time as the road is constructed through Outlot A, any resulting remnant <br />of Outlot A lying between the new road and Lot 3, Block 1 may be deeded to the owner of <br />Lot 3, Block I t <br /> <br />Drainage and Utility Easements. The standard drainage and utility easements around <br />the perimeter of each of the four lots and along existing underground utilities shall be <br />dedicated to the CITY on the Final Plat <br /> <br /> <br />