Agenda - Council - 08/13/2012 - Laserfiche WebLink

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CITY OF RAMSEY DEVELOPMENT CONTRACT FOR COR THREE This CONTRACT dated this day of , 2012, and is by and between the CITY OF RAMSEY, a Minnesota municipal corporation (the "CITY"), the HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RAMSEY, MINNESOTA, 7550 Sunwood Dr NW, Ramsey, MN 55303, (the "PERMITTEE") . WHEREAS, the PERMITTEE is the owner of land legally described as follows: Outlots F, G, & H, RAMSEY TOWN CENTER ADDITION - AND- Lots 1 & 2, Outlot A, RAMSEY TOWN CENTER 3RD ADDITION - OR UP ON RECORDING - Lots 1-5, Outlot A, COR TWO (the "Subject Property"); and WHEREAS, the PERMITTEE has received approval from the CITY to subdivide the Subject Property and plat the same as COR TWO (the "Plat"). THEREFORE, THE CITY and the PERMITTEE AGREE AS FOLLOWS: 1. Conditions of Approval. The CITY hereby approves the Plat on condition that: a. The PERMITTEE enter into this Contract, and 2. Development Plans. The PERMITTEE shall develop the Plat in accordance with the Final Plat Plans prepared by Landform dated (the "Plans"). The Plans shall not be attached to this Contract, but are in CITY files. 3. Stage I Improvements Required. The improvements the CITY requires are as follows: a. None. ("Stage I Improvements") The PERMITTEE agrees to construct the Stage I Improvements according to the terms and conditions of this Contract and in accordance with the Plans. The Plans are subject to revisions per City Staff Review Letter dated July 27, 2012, revised August 9, 2012. The final construction plan for the Stage I Improvements shall be submitted to the CITY Engineer for review and approval prior to commencement of construction. The PERMITTEE agrees to provide specifications, subject to review and approval of the City Engineer, for construction and restoration of utilities within existing rights of way. Work must be completed under traffic, be brought up to grade, and must restored to existing conditions within 24 hours.