Agenda - Council - 07/11/2023 - Laserfiche WebLink

Home

15. Entire Agreement. The Agreement and the exhibits attached hereto constitute the entire understanding or the parties hereto with respect to the transaction contemplated hereby, and supersede all prior agreements and understandings between the parties with respect to the subject matter. No representations, warranties, undertakings or promises, whether oral, implied, written or otherwise, have been made by either party hereto to the other unless expressly stated in the above referenced documents, or unless mutually agreed to in writing between the parties hereto after the date hereof, and neither party has relied upon any verbal representations, agreements or understandings not expressly set forth herein. 16. Future Access Agreement. Parcel B is owned by the City of Ramsey with the intent of selling it to one or more developers to construct buildings to aid the City in its goals for improving economic development. The City of Ramsey is committed to requiring future developers to extend the drive lane in the defined shared access described in Exbibit C to serve additional properties with a connection to Sunwood Drive roughly centered between Zeolite Street NW and Yolite Street NW. The drive lane, in addition, may extend to Ramey Parkway and/or to Yolite Street. Each segment of the extended drive lane shall be constructed by the developer of that proposal without additional construction cost from the owner of Parcel A. Each subsequent segment of the shared drive lane will include an amendment to this agreement to define the new easement areas. [SIGNATURE PAGES TO FOLLOW]