Agenda - Council - 07/27/1993 - Laserfiche WebLink

Home

CHESTNUT WOODS 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 GOOD VALUE HOMES, INC., a Minnesota corporation, whose address is 9445 East Kiver Road N.W., Coon Rapids, MN 55433 (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: Lots 1 and 2, Block 1; CHESTNUT WOODS; Anoka County, Minnesota; and WHEREAS, on July 27, 1993, pursuant to Resolution No. 93-07- , the CITY approved the final plat of the Subject Property which plat is known as CHESTNUT WOODS (the "Plat"), which approval is contingent on certain requirements, including DEVELOPER and CITY entering into this Agreement; and WHEREAS, the final plat for the Subject Property conforms to the sketch plan for Chestnut Woods approved by the CITY on July 6, 1993; and WHEREAS, a trunk usage charge is required by ~e CITY for usage of its Trunk Sewer and Water System; which charge is $1,415.00 per new residential unit created; and WHEREAS, the DEVELOPER intends to cause the construction of the following improvements for Lot 1 in the Plat without financial participation on the part of the CITY, to-wit: lateral sanitary sewer and municipal water, which improvements are termed Stage I Improvements in the City Code ("Stage I Improvements"); 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; and WHEREAS, the DEVELOPER desires to constuct the Stage I and Stage II \ improvements, except for those Stage II Improvements' con~n-ucted by the CITY. NOW, THEREFORE, the CITY and DEVELOPER agree as follows: