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Agenda - Council - 06/27/2006
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Agenda - Council - 06/27/2006
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3/19/2025 3:05:39 PM
Creation date
6/23/2006 2:04:09 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
06/27/2006
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PRAIRIE MEADOWS <br /> DEVELOPMENT AGREEMENT <br />CITY OF RAMSEY, ANOKA COUNTY, MINNESOTA <br /> <br /> THIS AGREEMENT, made and entered into by and between the CITY OF RAMSEY, <br />a municipal corporation under the laws of the State of Minnesota (the "CITY") and <br />NATIONAL GROWTH, LLC, a Minnesota limited Liability Corporation whose address is <br />16250 Royal Road Kamsey, MN 55303 (the DEVELOPER). <br /> <br />WITNESSETH: <br /> <br /> WHEREAs, the DEVELOPER is the fee owner <br />situated in the CITY OF RAMSEY, County of Anoka. <br />as follows: <br /> <br />described property <br />legally described <br /> <br />("Subject Property"); and <br /> <br /> WltEREAS, on :~c :'"~:~ <br />CITY has approved the final plat <br />Meadows (the "Plat"), wh/ch approval <br />DEVELOPER and CITY~,t~e~g into tlzis ~ <br /> <br /> WHEREAS ...... , ....... ' .... <br />Rum River Prairie; .. .,' <br /> <br /> No.06-XX2XX, the <br /> is known as Prairie <br />quirements, including the <br /> <br />..'.~nforms to the preliminary plat for <br /> <br /> WI-IEREXS '. ( I I ~ .. .' :'.....'.. ' ' ' : .. to be constructed within the Plat, <br />which ~mpmvement~ar*~efme~as,.Stage I and Stage II Improvements m C~ty Code; and <br /> <br /> ~EREAS, the D,E;~LOPER intends to cause its required improvements in the Plat <br /> ~;;~'.,,. . '~-,/~ · 2~'.. . <br />to be constm~ed vathout fn/a~¢ml pa:rtac~patmn by the CITY; and <br /> <br /> WIlE no exp iture of CITY funds will be made until the City Code escrow <br />reqmrements have ~seen,~co..m'pleted by the DEVELOPER; and <br /> <br /> WHEREAS, City Code Section 9.50.50 and 9.20.11 defines "Stage I" Improvements and <br />"Stage II" Improvements which respective definitions are used herein when reference is made to <br />"Stage I" and "Stage II" Improvements. <br /> <br />NOW, THEREFORE, the CITY and DEVELOPER agree as follows: <br /> <br />Prairie Meadows <br />Development Agreement <br />Page I of 12 <br /> <br />-281- <br /> <br /> <br />
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