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CITY OF RAMSEY <br /> ANOKA COUNTY, MINNESOTA ' <br />DEVELOPMENT AGREEMENT- ROWE ADDITION <br /> <br /> THIS AGREEMENT, made and entered'into by and between the CITY OF RAMSEY, <br />a municipal corporation of the State of Minnesota (the CITY"), and JOHN A. ROWE, ROWE <br />PROPERTIES, LLC, (the "DEVELOPER"). whose address is 17059 Nowthen Blvd. N.W., <br />Ramsey, MN 55303. <br /> <br />WITNESSETH: <br /> <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 Minnesota, and legally described <br />as tbllows: <br /> <br />That part of the Northeast Quarter of the Southeast Quarter of Section 3, Township 32, <br />Range 25, Anoka County, Minnesota, described as follows: <br /> <br />Beginning at a point on the north line thereof, distant 195.75 feet easterly of the northwest <br />corner of said Northeast Quarter of the Southeast Quarter; thence South 89 degrees 27 <br />minutes 56 seconds East, assumed bearing, along said north line, a distance of 100.02 <br />feet; thence South 01 degree 47 minutes 38 seconds West a distance of 427.39 feet; <br />thence South 40 dgrees 18 minutes 19 seconds East a distance of 42.25 feet; thence South <br />82 degrees 24 minutes 16 seconds East a distance of 76.65 feet; thence South 05 degrees <br />16 minutes 11 seconds. West a distance of 208.62 feet; thence North 89 degrees 27 <br />minutes 56 seconds West a distance of 314.09 feet to the east line of the west 66.00 feet <br />ol~ said Northeast Quarter of the Southeast Quarter; thence North 01 degree 08 minutes 50 <br />seconds East, along said east line, a distance of 219.11 feet; thence South 89 degrees 27 <br />minutes 56 seconds East, a distance of 124.58 feet to a line which bears South 01 degree <br />47 minutes 38 seconds West from the point of beginning; thence North 01 degree 47 <br />minutes 38 seconds East a distance of 457.60 feet to the point of beginning. <br /> <br />Or upon recording: <br /> <br />Lot 1, Block 1, Lot 1, Rowe Addition, Anoka County, Minnesota. <br /> <br />(the "Subject Property"); and <br /> <br /> <br />