Agenda - Council - 07/12/1994 - Laserfiche WebLink

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CITY OF RAMSEY ANOKA COUNTY, MINNESOTA DEVELOPMENT AGREEMENT . ESTATES THIS AGREEMENT, made and entered into by and between the CITY OF RAMSEY, a municipal corporation of the State of Minnesota (the "CITY"), and KEITH ,.l. BORGESON and KRISTI I3, BORGESON, husband and wife, whose address is 17014 St. Francis Blvd. ~ ' · ("the DEVELOPERS") N.W., Ramsey, !M~nnesota WITNti}SSETIt: WHEI~EAS, the DEVELOPERS and Kelly A. Freidlund and ,Joan M. Freidlund, husl~and and wife, are the fee owners of the following described property situated in the CITY OF !RAMSEY, County of Anoka, State of Minnesota, and legally described as follows: Lots 1, 2"and 3, Block 1, HAVEN ESTATES, Anoka Count3', Minnesota the "Subject Property"; and WHERE[AS, on July 12, 1994, pursuant to Resolution :t~s94-07-. , the CITY approved the final plat of She Subject Property which plat is known as HAVEN ESTATES (the "Plat") contingent on c{rtain requirements, including DEVELOPERS and CITY entering into this contract; and WHEREAS, the Plat consists of three lots totalling approximately 8.8 acres; WHERE~AS, approval of the Final Plat is given pursuant to the City's Subdivision Code Section 9.50.05 (Sub& 2) entitled "Division or Consolidation of Planed Lots". WHEREAS, no expenditure of CITY funds will be made until City Code escrow requirements hav~ been fulfilled by the DEVELOPER. NOW, THEREFORE, the CITY and DEVELOPER agree as follows: IMPROVEMENTS Access to Lots. Lot 1 shall receive access from St. Francis Blvd. N.W., with an alternate a~cess onto Potassium Court N.W. in the event the access onto St. Francis Blvd. N.W. is elifiainated in the future. Lots 2 and 3 shall receive access from 168th Lane N.W. Variance:. The CITY hereby grants a variance to the minimum street frontage requiremeni on Lots 2 and 3. Drainage and Utility Easements. Drainage and utility easements shall be dedicated to the CITY a~ shown on the Final Plat.