Laserfiche WebLink
DEVELOPMENT/puRCHASE AGREEMENT <br /> <br /> This Agreement is made this day of February, 2005 by and between the CITY OF <br />RAMSEY, a MinnesOta MuniCipal COrpOration, 15153 Nowthen Boulevard N.W., Ramsey, <br />Minnesota ("CITY") and RIVER'SI BEND HOLDINGS, LLC, a Minnesota Limited Liability <br />Company, 19230 Evan~s Streeh ~Elk ,Rlveri Minnesota ("RIVER'S BEND") and/or assigns. <br /> <br />RECITALS <br /> <br />WHEREAS, the CITY is the fee owner of the following described property, to-wit: <br /> <br />All that part of Government Lot 3, seCtion 25 and Government Lot 6, Section 36, all <br />in Township 32, Range 25; Anoka County, Minnesota, described as follows: <br /> <br />Commencing at the most northerlY comer of Lot 4, Block 1, RIVER'S BEND <br />PLAZA 3r~v ADDITION, said Anoka County; thence North 67 degrees 21 minutes <br />17 seconds East, along the easterly extension of the northerly line of said Lot 4, a <br />distance of 66.02 feet to a line 66.00 feet easterly of and parallel with the easterly <br />line of said Lot .4; thence South 21 degrees 12 minutes 12 seconds East, along said <br />parallel line, a distance of 110.00 feet to the point of beginning of the property to be <br />described; thence continuing South 21 degrees 12 minutes 12 seconds East, along <br />said parallel line, a distance of 416.00 feet; thence North 68 degrees 47 minutes 48 <br />seconds East a 'distance of 436.00!feet; thence North 21 degrees 12 minutes 12 <br />seconds West a distance of 5i2.49 feet; thence South 78 degrees 28 minutes 02 <br />seconds West a. distance of 126.99 feet; thence South 67 degrees 21 minutes 17 <br />seconds West ai distance of 200.91' feet; thence South 21 degrees 12 minutes 12 <br />seconds East 110.00 feet;thence SOuth 67 degrees 21 minutes 17 seconds West a <br />distance of 110.00 feet to the point of beginning. <br /> <br />Consisting of acres. <br /> <br />(the "City Property"); and <br /> <br />NOTE: LEGAL DESCRIPTION NEEDS TO BE VERIFIED. <br /> <br /> WHEREAS, RIVER'S BEND is the fee owner of the following described property, to- <br />wit: <br /> <br />Outlots A, B and E, RIVER'S BEND 3Pa) ADDITION, Anoka County. <br /> <br />(the "RIVER' S BEND Property") ;~ and <br />NOTE: LEGAL DESCRIPTION NEEDS TO BE VERIFID. <br /> <br /> <br />