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<br />CITY OF RAMSEY <br />DEVELOPMENT AGREEMENT FOR COLE ADDITION <br />This Agreement Agreement_______ day of <br />CITY OF RAMSEY <br />_______, 2017 and is by and between the , a Minnesota municipal <br />CITYBRYON COLE AND LYNN COLE <br />, husband and wife, 6951 <br />th <br />DEVELOPER <br />168 Ave NW, Ramsey, MN 55303, <br />WHEREASDEVELOPER <br />, the is the owner of land legally described on the attached <br />Exhibit A Subject <br />WHEREASDEVELOPERCITY <br />, the received approval from the to subdivide the <br />Subject Property and plat the same as COLE ADDITION <br />WHEREAS <br />, the Plat subdivides the Subject Property into Lots 1-7. Block 1 (Inclusive), <br />COLE ADDITION, Anoka County, Minnesota. <br />CITY DEVELOPER <br />THEREFORE, THE AND THE AGREE AS FOLLOWS: <br /> CITY <br />1.Conditions of Approval. The approved the Plat subject to satisfaction of the <br />following conditions subsequent: <br /> DEVELOPER <br />a.The Execution of this Agreement. That the <br />DEVELOPER <br />enter into this Agreement. <br /> <br /> DEVELOPER <br />b.Marketable Title. That prior to recording the Plat, the shall <br />CITY <br />provide the with proof of marketable title to the Subject Property <br />either through a currently certified abstract, registered property abstract or <br />. <br />title insurance commitment or policy <br /> <br /> <br />2.The PlansAgreement means the Final Plat and <br />Plans prepared by Landform Professional Services, LLC and dated May 23, 2017, <br />CITY <br />revised ________________________. The Plans remain subject to: (a) <br /> revisions to, among other things, confirm that <br />CITY <br />the revisions requested in the August 16, 2017 review letter have <br />DEVELOPER <br />been made; and (b) such further revisions as the may propose and <br />CITY <br />the approves. The Plans shall not be attached to this Agreement, but are in <br />the files. <br /> <br />3.Stage I Improvements. The improvements, as stated in City Code Section 117-615 <br />DEVELOPER <br />(b) (1), the is required to construct or install are as follows (unless <br />otherwise noted): <br /> <br />a.Trunk and lateral sanitary sewer <br /> <br />b.Trunk and lateral water main <br /> <br /> <br /> <br />4988262v4 <br /> <br /> <br />