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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 />RESOLUTION ~t84- <br /> <br /> WHEREAS, Mr. Kenneth Barthel has requested that the development agreement <br />for Barthel's Rum River Acres Second Addition be amended as follows due to economic <br /> <br />reasons: <br /> <br /> a) Remove mortgage from lots in Phase I except for Lot 3, Block 5 which <br />will guarantee all street repairs during maintenance period. <br /> <br /> b) Establish mortgage on Phase II of subject development to guarantee the <br />construction of future streets in Phase II. - <br /> <br /> c) Amend the development agreement deadline date for the construction <br />of streets in Phase II from October 15, 1984 to October 15, 1986. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br /> 1) Mr. Barthel's above stated request is hereby approved to amend the <br />development aereement to Barthel's Rum River Acres Second Addition,Oocdl~ <br /> <br /> Z) The City Attorney is hereby directed to draft the amendment~o the above <br />development agreement as approved above. ~zt~_.~o~ ~ <br /> <br /> 3) The Mayor and City .Ad~ninti.strator are hereby authorized to sign ~a:~ ~ocumant <br /> <br /> 4) Mr. Barthel will defray all City legal costs in the preparation of said <br />amendment to the above stated agreement. <br /> <br /> <br />