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I <br />I <br />I <br />I <br />I <br />I <br />! <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />JUNIPER WOODS 3RD ADDITION <br />DEVELOPMENT AGREEMENT <br /> <br /> CITY OF RAMSEY <br />ANOKA COUNTY, MINNESOTA <br /> <br /> THIS AGREEMENT, made and entered into by and between the CITY OF <br />RAMSEY, a municipal corporation of the State of Minnesota (the "CITY"), and BLH <br />DEVELOPMENT COMPANY, a Minnesota corporation, whose address is HC-83, Box <br />914A, Crosslake, MN 56zM2 (the "DEVELOPER"). <br /> <br /> WITNESSETH: <br /> WHEREAS, the DEVELOPER is the fee owner of the following described property <br />situated in the CITY OF RAMSEY, County of Anoka, State of Minnesota, and legally described <br />as follows: <br /> Lots 1, 2, 3, 4, 5, 6, 7, E, 9, 10, 11, 12, 13 and 14, Block 1; Lots i, 2, 3, 4, 5, 6, 7, E, <br /> 9, 10, 11, 12, 13, 14 and 15, Block 2; Juniper Woods 3rd Addition; Anoka County, <br /> Minnesota; and <br /> WHEREAS, on August 24, 1993, pursuant to Resolution No. 93-08- , the CITY <br />approved the final plat of the Subject Property which plat is known as JUNIPER WOODS 3RD <br />ADDITION (the "Plat"), which approval is contingent on certain requirements, including <br />DEVELOPER and CITY entering into this Agreement; and" <br /> WHEREAS, the final plat for the Subject Property conforms to the preliminary plat for <br />Juniper Woods approved by the CITY on April 25, 1989; and <br /> WHEREAS, a mink usage charge is required by the CITY for usage of its Trunk Sewer <br />and Wamr System; which charge is $1,415.00 per msicl~nfial unit creaw, d; and <br /> WHEREAS, the DEVELOPER intends to cause the construction of the following <br />improvements in the Plat without financial participation on the part of the CITY, to-wit: Sanitary <br />sewer, storm drainage facilities, watermains and appurtenances, and streets with concrete curb and <br />gutter, which improvements are termed Stage I Improvements in the City Code ("Stage I <br />Improvements"); and <br /> WHEREAS, City Code Section 9.50.50 defines "Stage I" Improvements and "Stage II" <br />Improvements which respective definitions are used herein when reference is made to "Stage I" <br />and "Stage I[" Improvements; and <br /> WHEREAS, the DEVELOPER desires to constuct the Stage I and Stage II <br />improvements, except for those Stage II Improvements constructed by the CITY. <br /> WHEREAS, no expenditure of CITY funds will be made until the City Code escrow <br /> <br /> <br />