Agenda - Council - 09/27/1983 - Laserfiche WebLink

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I I I PROPOSED DEVELOPMENT AGREEMENT THIS AGREEMENT made and entered into this day of September, 1983, by and between S. J. Groves and Sons Company, hereinafter called "Developer" and the City of Ramsey, hereinafter called "City". WHEREAS, the Developer has requested the City to approve a site plan for development of an equipment storage yard on the following described prop- erty: '!.,~ ,~ Lot 1 Block 1 Ramsey 67 Industrial Park 2nd Addition, Anoka County, Minnesota ~ and WHEREAS, said property ~is owned by the Developer; and WREREAS, the proposed use is an equipment storage yard; and WHBREAS, said property is in the City's Industrial Zoning, which zone permits the use pr6posed by the Developer. NOW THEREFORE, for an in consideration of the mutual agreements and covenants and Conditions hereinafter contained, IT IS HEREBY AGREED AS FOLLOWS: 1) That the Developer may store in the site only that equipment as listed on Exhibit "A" at.tached hereto as Exhibit "A". 2) That the Developer may not store any fuels or hazardous wastes on the site. 3) That the Develper may not at any time operate the site asa salvage yard for the canabolizing of equipment. 4) That the Developer shall maintain the site in a sightly manner at all times and that said maintenance shall include the cutting of the grass and compliance with all City Codes and regulations. 5) That the Developer shall provide the' City with a $1,000 bond, irre- vocable letter of credit or cash escrow to insure compliance with all the terms of this agreement, the terms which escrow agreement shall be approved by the City. 6) That the terms and conditions of this agreement and the site shall be reviewed annually for compliance by the City Staff and should there be any non compliance, the matter shall be referred to the City for further action.~% ; 7) That the Developer understands and agrees that any violation of this agreement shall render said agreement null and void and the right to use the subject property as an equipment storage yard revoked. That the storage of the items listed ih Exhibit "A" shall be in accordance with the site plan, attached hereto as Exhibit "B".