Agenda - Council - 07/09/1991 - Laserfiche WebLink

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EXHIBIT A CITY OF RAMSEY ANOKA COUNTY, MINNESOTA ASSESSMENT AGREEMENT . CHESTNUT POND THIS AGREEMENT, made and entered into by and between the CITY OF RAMSEY, a municipal corporation of the State of Minnesota (the "City"), and GOOD VALUE HOMES, INC., a Minnesota corporation, whose address is t416 93rd Lane N.E., Blaine, Minnesota 55434 (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: The Northwest Quarter of the Southeast Quarter of Section 26, Township 32, Range 25, Anoka County, Minnesota. That part of the South 330 feet of Government Lot 3, Section 26, Township 32, Range 25, Anoka County, Minnesota, lying East of the West 984.60 feet thereof and the East 100 feet of the West 1,084.60 feet of that part of said Government Lot 3 lying North of the South 330 feet thereof and South of Sunfish Lake Drive as so laid out and established. EXCEPT that portion of the East 100 feet of West 1,084.60 feet of that part of said Government Lot 3 lying North and East of a line drawn at right angles from a point which lies 100 feet from the Northwest corner of said East 100 feet of West 1,084.60 feet of that part of Government Lot 3 as measured along the South and East right-of-way of Sunfish Lake Drive as now laid out. The West 450 feet of the South 330 feet of the Southwest Quarter of the Northeast Quarter of Section 26, Township 32, Range 25, Anoka county, Minnesota (the "Subject Property"); and WHEREAS, on July 9, 1991, pursuant to Resolution No. 91-07-_, the City has approved the final plat of the Subject Property which plat is known as Chestnut Pond (the "Plat") which approval is contingent on certain requirements, including Developer and City entering into a Development Agreement (the "Agreement"); and WHEREAS, the Agreement requires that Developer enter into this Assessment Agreement relating to certain Public Improvements, as defined in the Agreement, which City will be installing for the benefit of the Plat. NOW, THEREFORE, in consideration of the mutual covenants and obligations of the City and the Developer, each party does hereby represent, covenant and agree with the other as follows: Assessment Agreement - Chestnut Pond A-1 I I I I I I I i I I I i I I I I I I I