Agenda - Council - 09/12/1994 - Laserfiche WebLink

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DEVELOPMENT AGREEMENT FOR UTILITIES CITY OF RAMSEY ANOKA COUNTY, MINNESOTA THIS A~GREEMENT, made and entered into by and between the CITY OF RAMSEY, a mufiicipal corporation of the State of Minnesota (the "CITY"), and RAYMOND T. RENNER. afl individual, whose address is 6295 144th Avenue N.W., Ramsey, MN 55303 (the "DEVELOPER"). WITNES~ETH: WHERE~S, the DEVELOPER is the fee owner of the following described property situated in the cITY OF RAMSEY, County of Anoka, State of Minnesota, and legally described as follows: Lots 1, B19ck 1, Gateway North Industrial Park Plat #3, Anoka County, Minnesota (the "Subject P~operty"); and WHERE~S, a trunk usage charge is required by the CITY for usage of its Trunk Sewer and Water Systeml which charge is $22,568.91 ($8,267.00/acre x 2.73 acres); and WHEREAS, the DEVELOPER intends to cause the construction of the following improvements to the Subject Property: Sanitary sewer, watermains and appurtenances (the "Improvements"); md WHEREAS, this Subject Property being located in the "special district" is subject to a lateral benefit fee o;f $8,524; and WHEREAS, the Subject Property is subject to WAC charges of $28,750.00 (23 residential equivale, rtts x $1,250/residential equivalent); and WHEREA~S, the Subject Property is subject to a SAC handling fee of $3,540.00 (23 residential equivale~pts x $150.00/residential equivalent); and WHEREAS, the DEVELOPER desires to constuct the improvements. NOW, THEREFORE, the CITY and DEVELOPER agree as follows: lncorporat, ion of Ali City Code Requirements. That the recitals above and the provisions of the City Charter, Subdivision Code, Zoning Code and Public Improvement Code of the !CITY, as amended to date hereof, are incorporated herein by reference. lmprovemo~nts. The DEVELOPER agrees to construct the Improvements according to the terms arid conditions of this contract and in accordance with DEVELOPERS' plans