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EXHIBIT A
<br />
<br />RIVER'S BEND 4TH ADDITION SPECIAL ASSESSMENT
<br />
<br />AGREEMENT
<br />
<br /> ~S AGREEMENT made this. day of . .. , 1995, by and
<br /> between:.the City of Ramsey, a Minnesota municipal corporation (hereinafter referred to as the
<br /> "City"), Elizabeth J. Raudio and Arthur K. Raudio, husband and wife, Ramsey Center Limited
<br /> Partnership, and R.F. Development, LLC. "
<br />
<br /> W1TNESSETH:
<br /> WHEREAS, Elizabeth J. Raudio and. Arthur K. Raudio, husband and' wife, Ramsey
<br /> Center Limited Partnership, and RiF. Development, LLC (hereinafter referred to as "Owners") are
<br /> the owners of certain real property in the City of Ramsey, legally described as follows:
<br />
<br /> Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 12, 13, 14, 15, and 16; Block 1; RIVER'S BEND 4TH
<br /> ADDITION, Anoka County, Minnesota; and
<br /> WHEREAS, Owners desire to subdivide and develop the Subject Property; and
<br /> 'WHEREAS, the development of the Subject Property will require the construction of
<br /> certain Public improvements, generally including sanitary sewer, .storm drainage facilities, water
<br /> mains and appurtenances, streets with concrete curb and gutter, sidewalks, trail and street lights
<br /> (hereinafter referred to as the "Improvement Project"); and
<br /> WHEREAS, a public hearing on the Improvement Project was duly held on .,
<br />1995; and
<br /> WHEREAS, the Owners wish for the City to construct the Improvement Project without
<br />notice of hearing or hearing on the special assessments levied to finance the Improvement Project,
<br />and to levy 100% of the cost of the Improvement Project against the Subject Property; and
<br /> ~REAS, the City is willing to construct the Improvement Project as requested by the
<br />Owneriwithout such notice or hearing, provided the assurances and covenants hereinafter stated
<br />are made by Owners to ensure that the City will have valid and collectable special assessments to
<br />finance~e cost of the Improvement Project; and
<br /> WHEREAS, were it not for the assurances and covenants hereinafter provided, the City
<br />would not construct the Improvement Project without such notices and hearings and is doing so
<br />solely at the behest, and for the benefit, of the Owners;
<br /> NOW, THEREFORE, ON THE BASIS OF THE PREMISES AND THE MUTUAL
<br />COVENANTS AND AGREEMENTS HEREINAFTER PROVIDED, THE PARTIES HERETO
<br />AGREE AS FOI JDWS:
<br />
<br /> il. Owners hereby petition the City for construction of the Improvement Project on the
<br />Subject Property.
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