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Development Agreement by and between the City of Ramsey, <br />Minnesota (City), and North Fork, Inc., a Minnesota corporation <br />(D~e/oper). <br /> <br /> WEEREAS, the Developer is the owner of certain real property <br />situated in Anoka County, Minnesota, located in the' City of <br />Ramsey; <br /> <br /> W~EREAS, the Developer has received official approval for a <br />Planned Unit Develo~x~ent (PUD) on its property located within the <br />Cit.Sz limits; and <br /> <br /> W~EREAS, the name of the PUD is ~RK; and <br /> <br /> WHEREAS, the Developer has platted the first phase of the <br />NORT~FORK PUD, received approval from the City and filed the plat <br />with the Anoka County Recorder; and <br /> <br /> WEEREAS, the Developer desires approval of the second phase <br /> <br /> ~mJ~%S, the name of the proposed second phase is NORTHFORK <br />SECOND and the legal description for the property to be platted <br />as ~ SfXX)ND is attached hereto as Exhibit "A'. <br /> <br /> NC~', T~LEREFO~, in consideration of the mutual covenants and <br />pr~nises c~ntained herein, it is agreed as foll~s: <br /> <br /> 1. ~. The parties acknowledge that the plat of <br />NORT~FORK SECOND is submitted purguant to the City Code of the <br /> <br /> <br />