Agenda - Council - 07/23/2019 - Laserfiche WebLink

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CITY OF RAMSEY DEVELOPMENT AGREEMENT FOR RAMSEY STORAGE CENTER This Agreement is dated as of this day of , 2019 and is by and between the CITY OF RAMSEY, a Minnesota municipal corporation (the "CITY") and RAMSEY STORAGE CENTER LLC, a Minnesota limited liability company (the "PERMITTEE"). WHEREAS, the PERMITTEE is the owner of land legally described on the attached Exhibit A (the "Subject Property"); and WHEREAS, the PERMITTEE has received approval from the CITY to subdivide the Subject Property and plat the same as RAMSEY STORAGE CENTER (the "Plat"); and WHEREAS, the parties desire to enter into this Agreement as required by the Plat approval. THEREFORE, THE CITY AND THE PERMITTEE AGREE AS FOLLOWS: 1. Conditions of Approval. The CITY has approved the Plat subject to satisfaction of the following conditions subsequent: a. The PERMITTEE'S Execution of this Agreement. That the PERMITTEE enter into this Agreement. b. Marketable Title. That prior to recording the Plat, the PERMITTEE shall provide the CITY with proof of marketable title to the Subject Property either through a currently certified abstract, registered property abstract or title insurance commitment or policy. c. Proof of Authority. That the PERMITTEE provide proof that the respective governing boards of the PERMITTEE have authorized the PERMITTEE'S execution of this Agreement. This proof of authority may be satisfied by providing the CITY with a certified copy of the minutes of the governing board of each entity which grants such authority. 2. The Plans. The term "Plans" as used in this Agreement means the Final Plat Sheet and the Civil Engineering Plans, both prepared by Landform, dated June 6, 2019, revised , and consisting of sixteen (16) sheets. The Plans remain subject to: (a) CITY Staff's review and approval of the plan revisions to, among other things, confirm that the revisions requested in the CITY Staff Review Letter and through ProjectDox have been made; and (b) such further revisions as the PERMITTEE may propose and the CITY approves. The Plans shall not be attached to this Agreement, but are in the CITY'S files. 3. Stage I Improvements. The improvements the PERMITTEE will construct or install are as follows: