Agenda - Council - 06/11/1992 - Laserfiche WebLink

Home

SUNNY PONDS DEVELOPMENT AGREEMENT CITY OF RAMSEY ANOKA COUNTY, MINNESOTA THIS AGREEMENT, made and entered into by and between the CITY OF RAMSEY, a municipal corporation of the State of Minnesota (the "CITY"), and NORTH SUBURBAN DEVELOPMENT, INC., a Minnesota corporation, whose address is 8741 Central Avenue N.E., Blaine, MN 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 in Exhibit A and attached hereto; and WHEREAS, on June 23, 1992, pursuant to Resolution No. 92-06-. , the CITY has approved the final plat of the Subject Property which plat is known as SUNNY PONDS (the "Plat"), which approval is contingent on certain requirements, including DEVELOPER and CITY entering into this Agreement; and WHEREAS, DEVELOPER has submitted a petition requesting the extension of sewer and water to the Subject Property; and WHEREAS, a trunk usage charge is required by the CITY for usage of its Trunk Sewer and Water System, which charge is $1357 per residential unit created; and WHEREAS, the DEVELOPER has submitted a petition to the CITY requesting the construction of the following improvements in the Plat, to-wit: Sanitary sewer, storm drainage facilities, watermains and appurtenances, and streets with concrete curb and gutter, which improvements are termed Stage I Improvements in the City Code ("Stage I Improvements"); and WHEREAS, pursuant to said petition, the CITY ordered the preparation of a feasibility report prepared by its City Engineer relating to the proposed Stage I Improvements; and WHEREAS, the CITY will conduct an Improvement Public Hearing on the Stage I Improvements on prior to ordering the Improvements; and WHEREAS, no expenditure of CITY funds, including the ordering of plans and specifications, will be made until the City Code escrow requirements have been completed by DEVELOPER; and WHEREAS, City Code Section 9.50.50 defines "Stage I" Improvements and "Stage II" Improvements which respective definitions are used herein when reference is made to "Stage I" and "Stage II" Improvements.