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: 4. Upon initiation of construction of the public improvement <br />and a request by the Developer, the city shall release the balance <br />of ~Escrow Account, after deducting all outstanding bills. <br /> <br />the <br /> <br />IN WITNESS THEREOF, the parties have hereunto set their hands <br /> <br /> day of , 1995. <br /> <br />CITY: <br /> <br />Minnesota <br />CItY OF RAMSEY, a Minnesota <br />municipal corporation <br /> <br /> Its Mayor <br />ATTEST·. <br /> <br />It~ City Administrator <br /> i <br /> <br />DEVELO PER: <br />RUM RIVER PROPERTIES, a <br />Minnesota General Partnership <br /> <br />By Its Partner: <br /> <br />NORTH LA/CE PROPERTIES, INC. <br />a Minnesota Corporation <br /> <br /> Its President <br /> <br />By Its Partner: <br /> <br />WAGNER CORPORATION, a Minnesota <br />Corporation <br /> <br />By:. <br /> Its President <br /> <br />STATE OF MINNESOTA ) <br /> ~: ) SS. <br />coUNTy OF ANOKA ) <br /> <br /> The foregoing was acknowledged before me the day of <br /> ~ , 1995, by Wayne JohnsoD the Presiden~ Of North Lake <br />prOperties, Inc. a Minnesota Corporation, on behalf of the <br />Corporation and by Lowell Wa~ner, the President of Wagner <br />Corporation, a Minnesota Corporation, on behalf of the Corporation, <br />w~ich respective corporations signed as partners on behalf of RUM <br />RIVER PROPERTIES, a Minnesota General Partnership on behalf of the <br />partnership. <br /> <br />Notary Public <br /> <br /> <br />