Agenda - Council - 01/25/2022 - Laserfiche WebLink

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(Reserved for Recording Data) STORMWATER TREATMENT AND PONDING MAINTENANCE AGREEMENT THIS STORMWATER TREATMENT AND PONDING MAINTENANCE AGREEMENT (this "Agreement") is made this day of , 2022, by and between the CITY OF RAMSEY, a Minnesota municipal corporation (hereinafter referred to as the "City") and RIVERSTONE DEVELOPMENT, LLC, a Minnesota limited liability corporation (hereinafter referred to as the "Developer"). WHEREAS, the Developer is the fee owner of certain real property situated in the City of Ramsey, County of Anoka, State of Minnesota legally described on the attached Exhibit A (the "Subject Property"); and WHEREAS, the Developer has received approval from the City to subdivide the Subject Property and plat the same as RIVERSTONE SOUTH (the "Plat"); and A. WHEREAS, the Plat re -subdivides the Subject Property into: Lot 1, Block 1; and Lots 1-3, Block 2 (inclusive); and Lots 1-11, Block 3 (inclusive); and Lots 1-4, Block 4 (inclusive); and Lots 1-6, Block 5 (inclusive); and Lots 1-6, Block 6 (inclusive); and Lots 1-21, Block 7 (inclusive); and Lots 1-10, Block 8 (inclusive); and Lots 1-15, Block 9 (inclusive); and Lots 1-6, Block 10 (inclusive); and Outlots A-O (inclusive), Anoka County, Minnesota.); and WHEREAS, residential homes are proposed to be constructed on all Lots and Blocks, the City has required that the Developer make provisions for the construction, maintenance and repair of a stormwater management system that utilizes (among other things) infiltration areas, sump manholes, storm sewer pipes, and stormwater ponding facilities ("Stormwater Management Practices") located within the Subject Property, as shown on Exhibit B attached hereto and as the same are described and depicted in those certain construction plans prepared by Carlson McCain, Inc. (the "Plans"); and WHEREAS, the Stormwater Management Practices are sufficient to serve all portions of