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Anoka County Contract No. Z CC - 05/ 6 JOINT POWERS AGREEMENT BETWEEN ANOKA COUNTY AND THE CITY OF RAMSEY FOR THE PUBLIC WORKS IMPROVEMENTS RI?LATED TO THE RAMSEY TOWN CENTER DEVELOPMENT RAMSEY, MINNESOTA This Agreement is made and entered into this /:� dayof ri / , 2005, byand � � hrct wce n the County of Anoka, a political subdivision of the State of Minnesota, 2100 3rd Avenue North, Anoka, Minnesota 55303, hereinafter referred to as the "County," and the City of Ramsey, 15153 Nowthcir Boulevard, Ramsey, Minnesota 55303, hereinafter referred to as the "City." WITNESSETH: WHEREAS, the City has entered into a development agreement with Ramsey Town Center, f 1. I A.C. for the development of the Ramsey Town Center (hereinafter referred to as "RTC") between Trunk_ f I i jh wary 10, County Road No. 116, County State Aid Highway 83, and County Road No. 56, ‘.r ih i c 17 project would require the major reconstruction and expansion of both County and State highways, w' 1 f as construction and extension of utilities to serve the RTC and surrounding areas; and, WHEREAS, the RTC development is intense and will have a substantial impact on the movement 3 f tr-a [f is on Trunk Highway 10, County Road No. 56, County State Aid Highway No. 83, and County Road H o . 1 16 in the City of Ramsey as well as impacts on County State Aid Highway No. 57 in the City of Ranriyey; and, WHEREAS, because of the substantial development, significant improvements need to be made to the highway/road infrastructure; and, WHEREAS, the City does not have sufficient funds available to pay for the cost of the improvements necessary for the development of the RTC; and, WHEREAS, the City has proposed to use funds generated by RTC together with funds to be contributed by the County as hereinafter set forth, and other funds of and available to the City, to pay for said improvements; and, WHEREAS, the parties hereto have agreed in principal as to the nature and extent of the improvements to be made, which improvements are described in Schedules A, B, and C (the Schedules), which e attached hereto and incorporated herein by reference and which are hereinafter collectively r c is iT -cl to as the "Improvements"; and,