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VILLAGE OF SUNFISH LAKE 2n'~ ADDITION
<br /> DEVELOPMENT AGREEMENT
<br />CITY OF RAMSEY, ANOKA COUNTY, MINNESOTA
<br />
<br /> THIS AGREEMENT, made and entered into by and between the CITY OF RAMSEY,
<br />a municipal corporation under the laws of the State of Minnesota (the "CITY"), and LIBERTY
<br />LAND DEVELOPMENT, INC. whose address is 6621 214th Ave. NW, Elk River, MN
<br />55330(the "DEVELOPER").
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<br /> WITNESSETH:
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<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 Mirmesota, and legally described
<br />as follows:
<br />
<br /> Outlotg A, C, 15;, F, H, J, L, M; The Village of Sunfish Lake, Anoka County, Minnesota.
<br />
<br /> - or upon recording -
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<br /> Lots 1-8, Block 1, Lots 1-1'4, Block 2, Lots 1-21, Block.3, Lots 1-11, Block 4, Lots 1-9
<br /> Block 5, Lots 1-2, Block 6, Lots 1-4, Block 7, and Lots 1-5, Block 8, Village of Sunfish
<br /> Lake 2'rd Addition, Anoka County, Minnesota.
<br />
<br />(the "Subject Property"); and
<br />
<br /> WHEREAS, on August 24, 2004, pursuant to Resolution No. 04-08- , the CITY
<br />approved the final plat of the Subject Property, which plat is known as VILLAGE OF
<br />SUNFISH LAKE 2nd ADDITION(the "Plat"), which approval, is contingent on certain
<br />requirements, including the DEVELOPER and the C1TY entering into this Agreement; and
<br />
<br /> WHEREAS, the' final plat for the Subject Property conforms to the preliminary plat for
<br />Village of Sunfish Lake approved by the CITY on February 25, 2002; and
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<br />Development Agreement/Village of Sunfish Lake 2nd Addition
<br /> Page 1 of 12
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