Agenda - Council - 11/09/2004 - Laserfiche WebLink

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responsible to perform or pay for the cost of any obligation concerning Streetscape Construction. The City shall not assess the Secondary Developer or the Property any amounts for the Streetscape Construction and the City waives any right to levy an assessment for the Streetscape Construction. Further, the City is precluded from levying an assessment against the Secondary Developer and the Property pursuant to Section 11.1 or -Section 11.2 of the Master Development Agreement. The Secondary Developer's Streetscape Construction shall be constructed by the Secondary Developer in accordance with the plans for the Ramsey Town Center 3`d Addition, Ramsey, Minnesota, titled Final Plat and Final Engineering - Commercial Development Phase I, dated September 27, 2004, sheet nos. 45-61, with a plot date for these plans of 9/01/2004. These plans have been approved by the City and constitute the Phase I Landscape Plan and Phase II Landscape Plan under the Master Development Agreement for the Property. These plans contain all of the improvements for the Streetscape Construction and no other improvements shall be required to be constructed for the Streetscape Construction related to the Property. The costs associated with Streetscape Construction are not eligible as a credit towards the Trail Development Fees and/or Park Dedication requirements due on the Plat. As security to ensure the completion of Secondary Developer's limited Streetscape Construction, Master Developer shall provide escrow funds in accordance with the Escrow Agreement from proceeds of the sale of the Property to Secondary Developer in the amount of $148,830.00. 1.4. Mass Grading and Storm Water Construction. The Master Developer is responsible, at its cost and expense, to perform mass grading and to construct a storm water management system to serve the Ramsey Town Center in accordance with Section 10.1 of the Master Development Agreement ("Grading and Storm Water Construction"). Secondary Developer shall not be responsible to perform or pay for the cost of any obligation concerning Grading and Storm Water Construction. The City shall not assess the Secondary Developer or the Property any amounts for the Grading and Storm Water Construction and the City waives any right to levy an assessment for the Grading and Storm Water Construction. Further, the City is precluded from levying an assessment against the Secondary Developer and the Property pursuant to Section 10.1 of the Master Development Agreement. 15. Zeolite Street Construction. The City hereby authorizes the Secondary Developer to construct a portion of Zeolite Street NW south of Sun_ wood Drive together with a temporary cul-de-sac along Civic Center Drive, all in accordance with the plans for the Ramsey Town Center 3`d Addition, Ramsey, Minnesota, titled Final Plat and Final Engineering - Commercial Development Phase I, dated September 27, 2004, sheet nos. 63-66, with a plot date for these plans of 9/01/2004 ("Zeolite Improvements"). These plans for the Zeolite Improvements have been approved by the City and contain all of the improvements for the Zeolite Improvements and no other improvements shall be required to be constructed for the Zeolite Improvements by the Secondary Developer. The Zeolite Improvements shall be constructed within the platted right-of-way dedicated to the public in the plat of Ramsey Town Center Addition, except for a portion of the temporary cul-de- sac that is located in Outlot M, Ramsey Town Center Addition. Outlot M is owned by the Master Developer and the Master Developer agrees to provide the City with a temporary road easement until Civic Center Drive is constructed. Notwithstanding the conditions set forth in Section 7.8 of the Master Development Agreement, the Secondary Developer shall be able to E