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2000-12-04 Assignment of DAASSIGNMENT OF DEVELOPER'S AGREEMENT By Corporation Dated: December , 2000 For valuable consideration, Albertville Plaza, LLC, assignor, hereby sells, assigns, and transfers to MDC Albertville, LLC and Millwood Development, LLC, assignees, the assignors' interest in that Developer's Agreement ("Agreement"), including all rights and obligations, said agreement dated December IV, 2000 and executed by Albertville Plaza, LLC, as Developer and the City of Albertville and filed for record December_, 2000, as document number in the office of the county recorder of Wright County, Minnesota. The parties to this assignment agree as follows: 1. MDC Albertville, LLC shall assume all rights and obligations of the Agreement as it relates to Lot 1, Block 1 of Mooney Addition as described in said Agreement (including work that must be performed on said Outlot A in order to develop said Lot 1, Block 1), including, but not limited to, the construction of all improvements as shown on the Utility Plan, Grading Plan and Landscape Plan attached as Exhibits to said Agreement. 2. Millwood Development, LLC shall assume all rights and obligations of the Agreement as it relates to Outlot A as described in said Agreement (with the exception of those rights and obligations set forth in Paragraph 1 of this Agreement). 3. MDC Albertville, LLC and Millwood Development, LLC agree to grant perpetual cross -easements over, above and under the Lot 1, Block 1 and Outlot A of Mooney Addition, respectively, as deemed necessary by the City Engineer for ingress/egress of pedestrians and vehicle traffic, and for municipal utilities, including, but not limited to sanitary sewer, municipal water, storm sewer, and for "private" utilities, including but not limited to natural gas, electricity, phone, cable television, data transmission, and other such "private" utilities. MDC Albertville, LLC and Millwood Development, LLC, agree to memorialize the location of said easements via a separate easement agreement prior to the replatting of said Outlot A. 4. MDC Albertville, LLC and Millwood Development, LLC shall jointly assume all maintenance obligations imposed by the Agreement where such maintenance obligations involve items which benefit both Lot 1, Block 1, and Outlot A of the Mooney Addition. Such items include, but are not limited to, ponding and joint ingress/egress areas. ALBERTVILLE PLAZA, LLC By01400,- MDC ALBERTVILLE, LLC By: Its: I/. P. _ WOOD DEVELOPMENT, LLC 4�&V� By: er Its: w Consented to by the City of Albertville: ohn Olson, Mayor Linda Goeb, City Administrator 2 STATE OF MINNESOTA ) ) SS. COUNTY OF { tlx --;: ) The foregoing instrument was acknowledged before me this Yf4*1 day of December, 2000, by � e, cr„,tA A. s^1-w M , as C �'� iy`�, , r of Albertville Plaza, LLC. Q LARRY MOUNTAIN■ NOTARY PUBLIC - MINNESOTA My Comm. Expires Jan. 31, 2005 ■ STATE OF MINNESOTA ) ) SS. COUNTY OF C ,. ;: • ) yNotary Public The foregoing instrument was acknowledged before me this day of December, 2000, by w. r ,- y K (11'14.,r7 pi I A. , as (J;, c ("r e . �� r a cl� MDC Albertville, LLC. r \ - ' -7-) LARRY MOUNTAIN QM,y NOTARY PUBLIC-MINNESOTA Comm. Expires Jan. 31, 2005 ■ STATE OF MINNESOTA ) ) SS. COUNTY OF� Notary Public The foregoing instrument was acknowledged before me this `/f"L, day of December, 2000, by -. _ / F— F�.4' , as� -'r - ��� - �- of Millwood Development, LLC. LARRY MOUNTAIN NOTARY PUBLIC - MINNESOTA My Comm. Expires Jan. 31, 2005 Notary Public 3 STATE OF MINNESOTA ) ) ss. COUNTY OF WRIGHT ) ThZregoing instrument was acknowledged before me this day of 2000, by John Olson as Mayor of the City of Albertville, a Minnesota municipal corporation, on behalf of the city and pursuant to the authority of the City Council. Notary Public STATE OF MINNESOTA )�4 MICHAEL C. COURI ) ss. NOTARY PUBLIC - MINNESOTA .,,,� COUNTY OF WRIGHT My Comm. Exp. Jan. 31, 2005 ) The foregoing instrument was acknowledged before me this 71A day of "' 2000, by Linda Goeb, as Clerk -Administrator of the City of Albertville, a Minnesota municipal corporation, on behalf of the city and pursuant to the authority of the City Council. Notary Public DRAFTED BY: Couri and MacArthur Law Office P.O. Box 369 705 Central Avenue East St. Michael, MN 55376 763)497-1930 MICHAEL C. COURI NOTARY PUBLIC - MINNESOTA ..,,.+ My Comm. Exp. Jan. 31, 2005 al