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i3 <br /> is <br /> iz <br /> 'i <br /> IrIr <br /> %z <br /> A' <br /> I" <br /> I <br /> I; <br /> I; <br /> I <br /> GS <br /> A <br /> 3; <br /> 1:^ <br /> l>. <br /> G; <br /> CITY OF RAMSEY <br /> DEVELOPMENT AGREEMENT FOR RIVERSTONE SOUTH <br /> This Agreement(hereinafter the"Agreement")is dated as of this day of %,2022, and is <br /> by and between the CITY OF RAMSEY a Minnesota municipal corporation.(the"CITY')and <br /> i <br /> RIVERSTONE DEVELOPMENT,LLC., a Minnesota Corporation (the"PERMITTEE"). <br /> Vi <br /> Recitals ' <br /> I= <br /> A. PERMITTEE is the owner of land legally described on the attached Exhibit A(the"Subject <br /> Property") `✓ <br /> z <br /> R. <br /> B. PERMITTEE has received approval from the CITY to subdivide the Subject Property and plat <br /> the same as RIVERSTONE SOUTH(the"Plat"). <br /> C. The Plat re--subdivides the Subject Property into: '= <br /> Lot 1,Block 1; and <br /> Lots 1--3,Block 2 (inclusive); and <br /> Lots I-I I,Block 3 and;(inclusive) <br /> Lots 1--4,Block 4(inclusive); and <br /> Lots 1--6,Block 5 (inclusive); and <br /> Lots 1--6,Block 6 (inclusive); and <br /> Lots 1--21, Block 7(inclusive); and <br /> Lots 1--10, Block S (inclusive); and <br /> Lots 1-15,Block 9(inclusive); and <br /> Lots 1--6,Block 10 (inclusive); and <br /> Outlots A-o (inclusive),Anoka County,Minnesota. <br /> Agreement <br /> 1. Recitals Incorporated. The recitals stated above are hereby incorporated into this Agreement and <br /> are made part of this Agreement by reference. <br /> 1 x: <br /> rr <br />