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Agenda - Council - 11/10/1992
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Agenda - Council - 11/10/1992
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
11/10/1992
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I <br /> I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br /> EXHIBIT A <br /> CITY OF RANISEY <br />AN()KA C()UNTY, MINNESOTA <br /> <br /> AggESSMENT ^GREEMENT - CHESTNUT HILL 3RD ADDITION <br /> <br /> THIS AGREEMENT, made and entered into by and between the CITY OF RAMSEY, a <br />municipal corporation of the State of Minnesota (the C~t) ), and GOOD VALUE HOMES, INC., <br />a Minnesota ¢t~rp0ration, whose address is 1460 93rd Lane N.E.. Blaine, Minnesota 55434 (the <br /> bevelope, ). <br /> <br /> WITNESSETH: <br /> <br /> WHEREAS, the DEVELOPER is the fee owner of the following described property <br />situated in thciCITy OF RAMSEY, Count)' of Anoka, State of Minnesota, and legally described as <br />follows upon reco~ing of the plat: <br /> <br /> Lots 1 'through 10, Block 1; Lots I through 3, Block 2; Lots 1 through 8, Block 3; <br /> and OUtlot A; Chestnut Hill 3rd Addition,~Anoka County, State of Minnesota. <br /> <br />(the "Subject Propcm' ); and <br /> <br /> wHEREAS, on November 10, 1992. pursuant to Resolution No. 92-1]-__., the City <br />has approved ~he final plat of a portion of the Subject Property which plat is known as ChestnUt <br />Hill 3rd Addition ~(the "Plat") which approval is contingent on certain requirements, including <br />Developer and' Cie); entering into a Development A~eement lthe A~eem,.nt ): and <br /> WHEREAS, the A~eement requires that the Developer enter into this Assessment <br />A~eement relating to certain Public Improvements which the CiD' insralied for the benefit of the <br />Plat. <br /> <br /> NOW, THEREFORE. in consideration of the mutual covenants and obligations of the <br />City and the Developer, each p',~t>' do~s hereby represent, covenant and a~ee. with the other as <br />foli'ows: <br /> <br />ARTICLE I <br /> <br />REPRESENTATIONS AND UNDERTAKINGS <br /> <br />Tn: Deveior~er-~':nm:~s :he c ' ,,,,,- ..... s ..... nora ,m~. un .... axmng_,. <br /> <br />· r',,~ m. D~x" "~',.loa~.~- nas me' .~'-7'~;~_.. authority ',,md Dower to enmr into this Assessment <br /> A~eement. <br /> <br />Th~ D.~ ~.lOD~. will comply wire an:_. fukf!i each of irs ooiiganons as reounmo bv the <br />A~eemem. <br /> <br />The Cit,, niaXes the fo!iowinz re~resentanons mn:2 undexakin~s: <br /> <br />The City is autnonzea Ox. ia~ to enter into m:.s Assessmtnz .4.~eemen:. <br /> <br />The ~;" will :omplv with ant <br /> <br />A-i <br /> <br /> <br />
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