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RIVENWlCK 3m) ADDITION <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 TURTLE <br />MOON INC., a Minnesota corporation, whose address is 38.12 Coon Rapids Blvd., Coon Rapids <br />MN, 55433 ("DEVELOPER"). <br /> <br />WlTNESSETH: <br /> <br /> WHEREAS, the DEVELOPER is the fee owner of the following described property <br />situated in the CITY OF RAMSEY, County of Anoka, State of Minnesota,. and legally described <br />as follows: <br /> <br />Outlots D, E, F, G, H and M, Rivenwick, according to the recorded plat thereof, <br />Anoka County, Minnesota and that part of Outlot B, Rivenwick, which lies <br />southerly and southwesterly of the following described line: Commencing at the <br />northeast comer of said Outlot B: thence South 00 degrees 40 minutes 48. seconds <br />East, assumed bearing; along the easterly line of said Outlot B, 7.71 feet; thence <br />South 24 degrees 08 minutes 21 seconds west continuing along said easterly line, <br />416.78 feet; thence southwesterly 428.75 feet, along a tangential curve concave to <br />the northwest having a radius o~' 430.00 feet and a central angle of 57 degrees 07 <br />minutes 45 seconds to a point of compound, curvature and the point of beginning of <br />the line to be described; thence northwesterly 401.42 feet, along a tangential curve <br />concave to the north having a radius of 340.00 feet and a central angle of 67 degrees <br />38 minutes 43 seconds to a point of reverse curvature; thence northwesterly 477.56 <br />feet, along a tangential curve concave to-the southwest having a radius of 680.00 <br />feet and a central angle of 40 degrees'I4 minutes 17 seconds to a point of reverse <br />curvature; thence northwesterly 167.26 feet, along a tangential curve concave to the <br />northeast having a radius of 1160.00 feet and a central angle of 08 degrees I5 <br />minutes 42 seconds; thence north 63 degrees 03 minutes 46 seconds west,.tangent to <br />last described curve, 379.90 feet; thence northwesterly 391.66 feet, along a <br />tangential curve concave to the northeast having a radius of 400.00 feet and a <br />central angle of 56 degrees 06 minutes 05 seconds to a point of reverse curvature; <br />thence northwesterly 219.39 feet, along a tangential curve concave to the southwest <br />having a radius of 440.00 feet and central angle of 28 degrees 34 minutes 07 <br /> Rivenwick 3rd Addition Subdivision <br /> Development Agreement <br /> Page 1 of 12 <br /> <br />-129- <br /> <br /> <br />