Laserfiche WebLink
CITY OF RAMSEY <br />DEVELOPMENT AGREEMENT FOR BROOKFIELD 7TH ADDITION <br />This Agreement is dated as of this day of . 2016 and is by and between the <br />CITY OF RAMSEY, a Minnesota municipal corporation (the "CITY") and BROOKFIELD <br />LAND, LLC, a Minnesota limited liability company (the "PERMITTEE"). <br />WHEREAS, the PERMITTEE is the owner of land legally described on the attached <br />Exhibit A (the "Subject Property"); and <br />WHEREAS, the PERMITTEE has received approval from the CITY to subdivide the <br />Subject Property and plat the same as BROOKFIELD 7TH ADDITION (the "Plat"); and <br />WHEREAS, the parties desire to enter into this Agreement as required by the Plat <br />approval. <br />THEREFORE, THE CITY AND THE PERMITTEE AGREE AS FOLLOWS: <br />1. Conditions of Approval. The CITY has approved the Plat subject to satisfaction <br />of the following conditions subsequent: <br />a. The PERMITTEE'S Execution of this Agreement. That the <br />PERMITTEE enter into this Agreement. <br />b. Marketable Title. That prior to recording the Plat, the PER1VHTTEE shall <br />provide the CITY with proof of marketable title to the Subject Property <br />either through a currently certified abstract, registered property abstract or <br />title insurance commitment or policy. <br />c. Proof of Authority. That the PERMITTEE provide proof that the <br />respective governing boards of the PERMITTEE have authorized the <br />PERMITTEE'S execution of this Agreement. This proof of authority may <br />be satisfied by providing the CITY with a certified copy of the minutes of <br />the governing board of each entity which grants such authority. <br />2. The Plans. The term "Plans" as used in this Agreement means the Final Plat Plans <br />prepared by Roshell Engineering, LLC dated April 25, 2016, revised June 15, 2016. <br />The Plans remain subject to: (a) CITY Staffs review and approval of the June 15, <br />2016 revisions to, among other things, confirm that the revisions requested in the <br />CITY Staff Review Letter, dated May 18, 2016 and revised June 24, 2016 have <br />been made; and (b) such further revisions as the PERMITTEE may propose and <br />the CITY approves. The Plans shall not be attached to this Agreement, but are in <br />the CITY'S files. <br />3. Stage I Improvements. The improvements the PER1VHTTEE will construct or <br />install are as follows: <br />