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<br />
<br /> WILDLIFE SANCTUARY 3~tD 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
<br />OAKWOOD LAND DEVELOPMENT, INC. whose address is 1611 County Highway 10,
<br />Spring Lake Park, MN 55432 (the "DEVELOPER").
<br />
<br />WITNESSETH:
<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 />INSERT LEGAL DESCRIPTION HERE
<br />
<br />- or upon recording
<br />
<br />Lots 1, 2, 3, 4, 5, 6, 7, 8 and 9 Block 1; Lots 1, 2, 3, 4, 5, 6, 7, and 8, Block 2; Lots 1, 2, 3,
<br />4, 5, 6, 7, 8, 9, 10, 11, 12, 13, and 14, Block 3; Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, i1, 12, 13,
<br />14, 15, 16; and 17, Block 4; Outlots A and B, WILDLIFE SANCTUARY 3ar~
<br />ADDITION, Anoka County, Minnesota.
<br />
<br />(the "Subject Property"); and
<br />
<br /> WHEREAS, on March 25, 2003, pursuant to Resolution No. 03-02- , the CITY
<br />approved the final plat of the Subject Property, which plat is known as WILDLIFE
<br />SANCTUARY 3rm ADDITION-(the "Plat"), which approval is contingent on certain
<br />requirements, including the DEVELOPER and the CITY entering into this Agreement; and
<br />
<br /> WHEREAS, the final plat for the Subject Property conforms to the preliminary plat for
<br />Wildlife Sanctuary 3rd Addition approved by the CITY on November 2(;, 2002; and
<br />
<br /> WHEREAS, the CITY requires certain improvements to be constructed within the Plat,
<br />Which improvements are defined as Stage I and Stage II Improvements in the City Code; and
<br />
<br /> WHEREAS, the DEVELOPER intends to cause the required, improvements in the Plat
<br />to be constructed without financial participation by the CITY.
<br />
<br /> WHEREAS, the DEVELOPER desires to construct the Stage I and Stage II
<br />improvements, except for those Stage II Improvements constructed by the. CITY; and
<br />
<br />Development Agreement/Wildlife Sanctuary 3Pm Addition
<br /> Page 1 of 12
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