Agenda - Council - 09/22/2015 - Laserfiche WebLink

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Exhibit F LIEN AGREEMENT This A<grecment, made and entered into this 25th day of April, 2006, by and between the Cit' of Ramsey, a Minnesota municipal corporation, having its principal office at 15153 Nowthen Boulevard Northwest, Ramsey, Minnesota 55303 (the "City") and RIVERSIDE MANUFACTURiNG, INC., A MINNESOTA CORPORATION, having its principal office al 9944 Hwy 10 NW, Elk River, MN 5 330 (the "Developer"); WITNESSETH: WHEREAS, pursuant to M.S. §469.124 through §46.9.134, the City has created City Development District No. 1 ("Development District") and, pursuant to M.S. §469.174 through §469.179, has established Tax Increment Financing District No. 10 (`TIF District"); and WHEREAS, the City has adopted a development program ("Prov_ram") and tax increment financing:. plan ("TIF Plan") for the Development District and TIF District, which Program and TIF Pian call for the City to peribrnl certain site improvements ("Site Improvements") and for the Developer to construct certain permanent improvements ("Minimum Improvements") on property located in the City and legally described as: The East 500 feet of the South 200 feet (as measured along.: the East and South lines respectively) of the Northeast Quarter of the Southeast Quarter (NE1/4 of SE '/4) of Section numbered Twenty-seven (27). Township Thirty-two (32) North. of Range Twenty-five (25) West. Subject to an easement for road purposes over the North 33 feet thereof and over the East 93 feet thereof. RESERVING FOR THE BENEFIT OF THE GRANTOR. ITS HEIRS AND ASSIGNS THE FOLLOWING ENGRESS/EGRESS AND DRAINAGE AND UTILITY EASEMENTS A permanent easement for drainage and utility purposes over, under and across the East 500 feet of the South 200 feet (as treasured along the East and South lines respectively) of the Northeast Quarter of the Southeast Quarter (NEI /4 of SE '/a) of Section numbered Twenty-seven. Township Thirty-two North of Range Twenty-five West described as follows: Commencing at the Southwest Corner of said East 500 feet of the South 200 feet; thence on an assumed bearing of North 00 degrees 25 minutes 08 seconds East. along the West line of said East 500 feet of the South 200 feet. a distance of 27.50 feet to the point of beginning: thence South 89 degrees 34 minutes 52 seconds East a distance of 56.00 feet: thence North 00 degrees 25 minutes 08 seconds East a distance of 53.00 feet: thence North 47 de,rees 31 minutes 00 seconds West a distance of28.00 feet: thence North 14 degrees 24 minutes 00 seconds West a distance of 24.00 feet; thence North 06 degrees 00 minutes 00 seconds East a distance of 78.20 feet to the North line of said East 500 feet of the South 200 feet: thence South 89 degrees 58 minutes 11 seconds West, along said North line, a distance of 36.68 feet to the Northwest Corner of said East 500 feet of the South 200 feet: thence South 00 degrees 25 minutes 08 seconds West, along said West line, a distance of 172.50 feet to the point of beginning. AND A 20 foot wide permanent easement for drainage and utility purposes over, under and across said East 500 feet of the South 200 feet (as measured alone the East and South lines respectively) of the Northeast Quarter of the Southeast Quaner of Section numbered Twenty-seven. Township Thirty-two North of Range Twenty-five West. The centerline of said easement is described as follows: 44