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'*i~ rdfSi <br /># w } <br />SAY PONDS DE �ELOP E r ► <br />CITY of RAMSEY <br />AI I A I i. *TY. �I ESf TA <br />THIS AGREEMENT, made and entered into by and between the CITY OF <br />RA 'lSEY, a, municipal corporation of the Stag of Minnesota (the "CITY*), and NI RTIi <br />SUBURBAN DEVELOPMENT, INC.. a Minnesota corporation, whose address is 8741 <br />Center Avenue '.E., Maine, MN 55434 (the "DEVELOPER"). <br />WIT ESSETH: <br />WHEREAS, the .DEV E LO PER i s the fee owner of a followin g described property <br />sit ed in the CITE' I� I A ISEY. County of Anoka, Srate of inne of , �egally descTibed <br />in Exhibit A and anwh d h-cmio: and <br />WHEREAS, on June 23, 1992. pursuant to Resolution No. 92•06-9, the CITY has <br />approved the final plat of Ehe Subject Plropcny which plat is known as SUNNY PONDS tine <br />"Plat"). which approval is contingent on r ain requires nts, including DEVELOPER and <br />CM entering into this A t; and <br />WHEREAS, DEVELOPER has submitted a petition requesfing the extension of newer <br />&rA watcr to the Subjen Prop rt . and <br />VMER EAS, a trunk usage charge is required by the CITY for usage of its Trunk Sewer <br />&M Water System, which charge i $13.57 per residential unit crc tcd; and <br />WHEREAS, the DEVELOPER has submitted a petifion to the CITE requesting the <br />coftswuction of the .following i pr vcments in the Pint, to -wit: Sanitary sewer, storm drainage <br />facilities. watch ins and appurtenances, and str is with con=tc curb anti gutter, which <br />IL itn rormnent arc tad'Stage i Imprownwts in the City Code "Stange i-i groven-cnc " ; and <br />WHEREAS, pursuant' to said petition, the CITE' ordered the prep don of a feasibility <br />re xt p cp�d by its City Engineer relating to the pTposed Stage I Improverr)nts; and <br />_ WHEREAS. the CITY will conduct are Improvement Public He ring on the S[3gc i <br />eine rats on prior to orderinS the Im pmvcmenm and <br />WHEREAS, no xp ndlture of CITY funds, includin .the De ng of plans and <br />specifications. will be made until the. City Code escmw re uircr rat .'have b"n completed b <br />DEVELOPER: and <br />WHER A& Cliv Collie Sec t[on 9. 0.50 defines "Stage i" Improven ►ts and "Stage W <br />1 <br />provcrr nts which respective definitions are used herein when reference is hude t "Stalze I" <br />and "Stale " Improve=nts. <br />• � - - ` Y - ' f ter' }. 'v' -.ywi. �-w.,r��. ' ...-, •+: ��w' •7^ 4 <br />