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WILLOW RIDGE
<br /> DEVELOPMENT AGREEMENT
<br /> CITY OF RAMSEY
<br />ANOKA COUNTY, MINNESOTA
<br />
<br /> ~THIS AGREEMENT, made and entered into by and between thc CITY OF
<br />RAMSEY, a municipal corporation of the State of Minnesota (the "CITY"), and GORHAM
<br />
<br /> BUILDERS, INC., a Minnesota corporation, whose address is 3538 Mississippi Drive N.W.,
<br /> Coon Rapids, MN 55433 (the "DEVELOPER").
<br />
<br /> ~WITNESSETH:
<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 /> !i Lots 1, 2, 3, 4 and 5, Block 1; Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 and 11; Block 2; Lots 1, 2,
<br /> .: 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 and 13, Block 3; Lots 1, 2, 3 and 4; Block 4; Anoka
<br /> County, Minnesota; and
<br /> ~ WHEREAS, on March 28, 1995, pursuant to Resolution No. 95-03-~, the CITY
<br /> app,:eYed the final plat of the Subject Property Which plat is known as WILLOW RIDGE (the
<br /> ,,Pla~,,,
<br />: . r t), which approval is continge.nt on certain requirements, including DEVELOPER and
<br /> CITy entering into this Agreement; and
<br /> - WHEREAS, the final plat for the Subject Property conforms to the Preliminary plat for
<br />Will°w Ridge approved by the CITY on February 28, 1995; and
<br /> WHEREAS, a u'unk usage chage is required by the CITY for usage of its Trunk Sewer
<br />and Water System, which charge is $1539 per residential unit created; and
<br /> ~ WHEREAS, the DEVELOPER intends to cause the construction of the following
<br />impr6vements in the Plat without financial participation on the part of the CITY, to-wit: Sanitary
<br />sewer, storm drainage facilities, watermains and appurtenances, and streets with concrete curb and
<br />gutter, which improvements are termed Stage I Improvements in the City Code ("Stage I
<br />ImprOvements"); and
<br /> ; WHEREAS, City Code Section 9.50.50 defines "Stage r' Improvements and "Stage II"
<br />
<br />ImprOvements which respective definitions are used herein when reference is made to "Stage I"
<br />and ~Stage II" Improvements; and
<br /> ~ WHEREAS, the DEVELOPER desires to constuct the Stage I and Stage II
<br />improvements, except for those Stage II Improvements constructed by the CITY.
<br /> : WHEREAS, no expenditure of CITY funds will be made until the City Code escrow
<br />requirements have been completed by the DEVELOPER.
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