Agenda - Council - 10/08/2019 - Laserfiche WebLink

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CITY OF RAMSEY DEVELOPMENT AGREEMENT FOR ELLIS ADDITION This Agreement (hereinafter the "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 Michael Ellis, a private citizen under the laws of the state of Minnesota (the "PERMITTEE"). RECITALS 1. The PERMITTEE is the owner of the land legally described on the attached Exhibit A (the "Subject Property"). 2. The PERMITTEE has received approval from the CITY to subdivide the parcel generally referred to as 7001 166th Avenue NW per Resolution #19-243. AGREEMENT 1. Recitals. Recitals incorporated. The recitals stated above are hereby incorporated into this Agreement and are made part of this Agreement by reference. 2. Conditions of Approval. The CITY has approved the Sketch Plan and Final 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. 3. The Plans. The term "Plans" as used in this Agreement means the Final Plat Plans prepared by Sathre-Bergquist, Inc. dated August 30, 2019, revised, . The Plans remain subject to: (a) CITY Staff's review and approval of the Plans to, among other things, confirm that the revisions requested in the CITY Staff's review letter have been made; and (b) such further 1