Agenda - Council - 10/24/1989 - Laserfiche WebLink

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CITY OF RAMSEY ANOKA COUNTY, MINNESOTA DEVELOPMENT AGREEMENT - CROOKED OAK ADDITION THIS AGREEMENT, made and entered into by and between the CITY OF RAMSEY, a municipal corporation of the State of Minnesota (the "CITY"), and JOHN G. SCHUTZ AND SOPHIE A, SCHUTZ, HUSBAND AND WIFE, whose address is 16017 Nowthen Boulevard N.W., Ramsey, Minnesota (the "DEVELOPER"). WITNESSETH: WHEREAS, the DEVELOPER is the fee owner of the following described property situated in the CITY OF RAMSEY, County of Anoka, State of Minnesota, and legally described as follows: That part of the Norlheast Quarter of the Southeast Quarter of Section 15, township 32, Range 25, Anoka County, Minnesota which lies northeasterly of County State Aid Highway #5 and which lies southeasterly of the following described line. Commencing at the northeast corner of said Northeast Quarter of the Southeast Quarter of Section 15, thence on an assumed bearing of South 89 degrees 39 minutes 34 seconds West along the north line thereof a distance of 329.80 feet to the actual point of beginning of the line to be described; thence South 41 degrees 49 minutes 30 seconds West to the northerly right of way line of County State Aid Highway #5 and there terminating. the "Subject Property." WHEREAS, on October 24, 1989, the CITY approved the final plat (Resolution #89- 10-__) of the Subject Property which plat is known as CROOKED OAK ADDITION (the "Plat") contingent on certain requirements, including DEVELOPER and CITY entering into this contract; and WHEREAS, approval of the Final Plat is given pursuant to the City's Subdivision Code Section 170.0317, entitled "Division or Consolidation of Unplatted Lots"; and WHEREAS, no expenditures of CITY funds, will be made until the City Code escrow requirements have been fulfilled by DEVELOPER.