Laserfiche WebLink
2037549.007 ���������������������I��������������������u� <br />Record ID 2522288 <br />CITY OF R,aMSFY <br />DEVELOPMENTCONTRACT <br />FOR STONEY RIVER <br />This '0NTR_.. 'r dated this day of ' � I . 2012. and is bv and betwe n the <br />CITY of IUkMSEY. a Minnesota municipal corporation (the CITY"), and 1-irst Pheoni <br />R mse-T_ LL , ?\4i nestoa fimited liability company (.*PERMITTEE). <br />WHEREAS. PERMITTEE is plattinol lard ovvned b-v Lord of Life Church and situated <br />Witl �r tl e city lin its of the � t =. , nok ':o r t 11ir r esota. le ally described as follows (the <br />roperm <br />"): <br />That part of the Southeast Quarter of the Northwest Quarter of Section 25. Township <br />Ra c . l ?l r +esterIv of th center line of TrunkHi hN- av ,o. 4 . except part <br />platted as Birch I -fill Lodcres. also except part platted as CIC No. 12 birch Hill <br />Lod yes. to«ether Nvith that part of the Northeast Quarter of South est Quarter of said <br />sectiot1 l 'in 2 �vesterlv of center line of Trunk Highx av N o. 4 7 and IN in north and <br />northeast. Anoka ,ount\innesota. <br />-or upon recordilig of the Plat contemplated herein - <br />Lots I & 2. Bloch 1, Stoned; Ri�� r. Anoka Countx.1. Minnesotan (the "Plat"'). <br />(the :Property'-_). <br />Subsequent to plamnil-1 PERMITTEE shall have fee tale o mier hip off~ Lot 2, Block 1. <br />Stoney, River, Anoka County, 1 4mnesota ("Lot 2"); and <br />WHEREAS, PERMITTEE desires to construct an assisted livincy and memory care <br />facilltv on Lot 2 "the "Lot �' Improvements"). PERMITTEE and CITY shall enter into a separate <br />contract ret,1-ardin the construction of the Lot 2 Impro-vements: and <br />WHEREAS. on .Tull M. 2 o I l . pursuant to Resol ltio n No. 1 1- -1 ' the CITY <br />approved the final plat of` the Property . N hich plat is kno��-�� as STONEY TER' RIVE R the "Plat" . <br />NN"hich approval is contingaent on certain requirements. includin-1 PERMITTEE and the CITY <br />enterino into this Contract: and <br />{ <br />WHEREAS, E S, the CITE{ requires that certain improvements be constructed on the <br />Propert\F. hich impro��ements :collecti�+el��. the Ampro��ements±�� are defined Y�ed i�� this ontr`act <br />and <br />WHEREAS. PER-MITTEE desires to construct certain St cTe I and Stake lI <br />Improvements in accordance with the Plat and plans approved by PERMITTEE and the CITY; <br />and <br />WHEREAS, PERMITTEE and the CITY have entered into a development permit for <br />oblUmt—ion related to the site plan approval (the "Development Permit"). <br />S TOINE RI PE R <br />Development Conlrael <br />Page I (? <br />