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E COPY <br />Anoka County Contract No. 2 C`)O<S ()SG <br />JOINT POWERS AGREEMENT <br />BETWEEN ANOKA COUNTY AND THE CITY OF RAMSEY <br />FOR THE PUBLICWORKS IMPROVEMENTS <br />RELATED TO THE RAMSEY TOWN CENTER DEVELOPMENT <br />RAMSEY, MINNESOTA <br />This Agreement is made and entered into this day of 41) vi l , 2005, by and <br />between the County of Anoka, a political subdivision of the State of Minnesota, 2100 3rd Avenue North, <br />Anoka, Minnesota 55303, hereinafter referred to as the "County," and the City of Ramsey, 15153 <br />Nowthen Boulevard, Ramsey, Minnesota 55303, hereinafter referred to as the "City." <br />WITNESSETH: <br />WHEREAS, the City has entered into a development agreement with Ramsey Town Center, <br />L,L.C. for the development of the Ramsey Town Center (hereinafter referred to as'"RTC") between <br />Trunk Highway 10, County Road No. 116, County State Aid Highway 83, and County Road No. 56, <br />which project would require the major reconstruction and expansion of both County and State highways, <br />as well as construction and extension of utilities to serve the RTC and surrounding areas; and, <br />WHEREAS, the RTC development is intense and will have a substantial impact on the movement <br />of traffic on Trunk Highway 10, County Road No. 56, County State Aid Highway No. 83, and County <br />Road No. 116 in the City of Ramsey as well as impacts on County State Aid Highway No. 57 in the City <br />of Ramsey; and, <br />WHEREAS, because of the substantial development, significant improvements need to be made <br />to the highway/road infrastructure; and, <br />WHEREAS, the City does not have sufficient funds available to pay for the cost of the <br />improverents necessary for the development of the RTC; and, <br />WHEREAS, the City has proposed to use funds generated by RTC together with funds to be <br />contributed by the County as hereinafter set forth, and other funds of and available to the City, to pay for <br />said improvements; and, <br />WHEREAS, the parties hereto have agreed in principal as to the nature and extent of the <br />improvements to be made, which improvements are described in Schedules A, B, and C (the Schedules), <br />which are attached hereto and incorporated herein by reference and which are hereinafter collectively <br />referred to as the "Improvements"; and, <br />