Laserfiche WebLink
b. The Project proposal contains a community building and an on -site management <br />office/maintenance facility; on -site play area sized and fully equipped for the <br />number of households; maintenance free exterior and premium interior finish to <br />minimize maintenance and enhance tenant's living environments; water <br />conservation features; and energy efficient appliances. <br />2. Developer Responsibilities. <br />a. Developer proposes, as part of the Project, extend 147th Lane N.W. to connect <br />with Town Center Drive to the West. Such extension shall be in accord with City <br />approved plans and specifications. The extension shall include street <br />improvements of equivalent width and facilities as currently exist for 147th Lane <br />N.W. and current design standards as required by the City's subdivision <br />ordinance. <br />b. Developer proposes to comply with applicable terms and conditions of the <br />Development Agreement which have not yet been completed. Such items <br />specifically include without limitation those items stated in item 4 of the <br />Development Agreement. <br />Developer proposes to improve the existing pond located on Block 5 of the <br />Development Property and add walking/park features. <br />Upon said vacation of 147th Circle N.W. and deeding of the underlying property <br />to Developer, Developer will accept full responsibility for the upkeep and <br />maintenance of the roadway improvements, storm drains, and sewer and water <br />lines located on the vacated roadway property. <br />c. The Developer shall replat the Development Property in accord with legal <br />requirements and required variances, if any. <br />3. City Approval Contingencies. <br />a. All City requirements and contributions contained in this Agreement are <br />contingent upon the Ramsey City Code requirements for appropriate approvals <br />and process as required therein. <br />b. Contribution of 147th Circle N.W. Property. <br />(i) Upon preliminary review, the City finds that Developer's plans for <br />the Project will allow for the vacation of 147th Circle N.W. and that, pursuant to Developer's <br />plans, there will no longer be a need for 147th Circle N.W. to remain as a public street. <br />(ii) As part of the City's contribution to the Project, the City <br />preliminarily agrees to convey to Developer by limited warranty deed, the property underlying <br />147th Circle N.W. for use in the Project, subject to item #3 above. Such conveyance shall be <br />F:ADATA\11620\001\PDC Ramsey Agreement.doc <br />3/28/2012 <br />2 <br />