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Development Agreement by and between the City of Ramsey, <br />Minnesota (City), and North Fork, Inc., a Minnesota corporation <br />(Developer). <br /> <br /> W~EREAS, the Developer is the owner of certain real property <br />situated in Anoka County, Minnesota, located in the City of <br />Ramsey; and <br /> <br /> WqtEREAS, the Developer has received official approval for a <br />Planned Unit Develot~ment (PUD) on its property located within the <br />city limits; and <br /> <br /> W~KREAS, the name of the ~ is ~RK; and <br /> <br /> W~EREAS, 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 ~oka County l~3corder; and <br /> <br /> Wn~ZREAS, the Developer desires approval of the second phase <br />of ~ PUD; and <br /> <br /> ~n~REAS, the name of the proposed second phase is NORT~FORK <br />SECOND and the legal description for the property to be platted <br />as NC~{~KF~%K SECOND is attached hereto as Exhibit "A". <br /> <br /> Nb', TEEREFORE, in consideration of the mutual covenants and <br />prc~ises contained herein, it is a~reed as folly's: <br /> <br /> 1. ~. The parties acknowledge that the plat of <br />NOR~FORI~ SECOND is submitted pursuant to the City Code of the <br /> <br /> <br />