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the Southwest Quarter of the Northwest Quarter a distance of 529.1 feet to ~the point of <br /> beginning. Except that part platted as Anoka County Highway Right of Way Plat No. 1. <br /> <br /> and .:~: <br /> <br /> Lot 1, Block 1, HIGH POINT SECOND ADDITION, accordinz to .the recorded pla~ thereof, <br /> Anoka County, Minnesota. ":::i,.: <br /> <br />-or upon recording- :::.-' '2.:. <br /> <br />Lots 1-17 Block 1. Lots 1-') Block ';, Lots 1-2 Block" : <br /> _ -- _ .~ Lots 1-10 Block 4, Lot I Block 5, <br />Outlot A, ALPINE WOODS, Anoka County, Minnesota: <br /> <br /> (the "Subject Property"); and :: ?~:" .. :,':i .... <br /> <br /> WHEREAS, on June 22, 2004' pursuant to ResolutiOn/N6.04-06-_, the CITY approved <br />the fina] plat of the Subject PropertY-, which plat is known as:ALPINE WOODS (the "Plat"), <br />which approval is contingent on certain requirements, including, the DEyELOPER and the <br />CITY entering into this A~eement; and <br /> <br /> WHEREAS, the final plat for the S~bject Property confOrms ~$ the preliminary, plat for <br />Alpine Woods; and ~f':'' ~ '~-2 ':~ .. <br /> WHEREAS, the DEVELOPER has r%&ived apPf~al:~'rom the Metropolitan Council of <br />the request for Comprehensive Plan Amendment to change the Subject Property's land use <br />designation in the City's ComprehensiVe Plan from' Rural Developing to Low Density <br />Residential; and !:-5': :-5: ;' <br /> <br /> · WHEREAS, the CITY requires certain iimprovements to be constructed within the Plat, <br />which.improvements are defined as Stage I arid Stage II Improvements in the City Code; and <br /> 5: : : ' ::? : ':.: :L:-; . ..:: <br /> WHEREAS, :the DEVELOPER:~intends to cause its required improvements in the Plat <br />to be constructed With financial participation by the CITY; and <br /> <br />'.:~: WHEREAS,. the DEVELOPER desires to construct the Stage I and <br />improvements, except for those Stage Il hnprovements constructed by the CITY; and <br /> <br />Stage II <br /> <br />i. <br /> <br /> WHEREAS, nC) expenditure of CITY funds will be made until the relevant City Code <br />escrow requirements have been completed by the DEVELOPER. <br /> <br /> NOW, THEREFORE, the CITY and DEVELOPER a~ee as follows: <br /> <br />-288- <br /> <br />,4 lpine Woods Subdivision <br />Development Agreement <br />Page 3 (~' ] 2 <br /> <br /> <br />