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CITY OF RAMSEY <br /> <br /> ANOKA COUNTY, MINNESOTA <br /> <br />DEVELOPMENT CONTRACT - GOBERNATZ ADDITION <br /> <br /> THIS AGREEMENT, made and entered into by and between the CITY OF <br />RAMSEY, a municipal corporation of the State of Minnesota (the "CITY"), and JOHN N. <br />GOBERNATZ AND AVIS M. GOBERNATZ, HUSBAND AND ~57IFE, whose <br /> <br />address is 15454 Hematite N.W., Ramsey, Minnesota (the "DEVELOPER"). <br /> WITNESSETH: <br /> <br /> WHEREAS, the DEVELOPER is the fee owner of the following described property <br />situated in the CITY OF RAMSEY, County of Anoka, State of Minnesota, and legally described <br />as follows: <br /> <br /> That part of Lot 7 AUDITOR's SUBDIVISION Number 27 according to the recorded Plat <br /> thereof, Anoka County, Minnesota, lying Easterly of the Center line of state Trunk <br /> Highway No. 47 as the same is now laid out and traveled. <br /> <br />the "Subject Property." <br /> <br /> WHEREAS, on September 26, 1989, the CITY approved the final plat of the Subject <br />Property which plat is known as GOBERNATZ ADDITION (the "Plat") contingent on certain <br />requirements, including DEVELOPER and CITY entering into this contract; and <br /> <br /> WHEREAS, approval of the Final Plat is given pursuant to the City's Subdivision Code <br />Section 170.0317, entitled "Division or Consolidation of Unplarted Lots"; and <br /> <br /> WHEREAS, no expenditures of CITY funds, will be made until the City Code escrow <br />requirements have been fulfilled by DEVELOPER, <br /> <br /> NOW, THEREFORE, the CITY and DEVELOPER agree as follows: <br /> <br /> <br />