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2017-12-7 T.L. 7th CUP/PUD Development Agreement � � � �� � � � � Da�. Na. A'i 35079'i , OFFICE OF THE COUNTY RECORDER WRIGHT COUNTY, MINNESOTA Certified Filed and/or Recorcied on December 22, 2017 12:40 PM Fee: $46.00 Ck#333063923 Code Check Tanya West, County Recorder CITY UF ALBERTVILLE CONDITIONAL U5E/PLANNED UNIT DEVELOPMENT AGREEMENT TOWNE LAKES 7TH ADDITION THIS AGREEMENT,entered into this ���day of December, 2017 by and between HSB Ventures, LLC., a Minnesota Limited Liability Company referred to herein as"Developer"; and the CITY Or ALBERTVILLE, Gounty of Wright, State of Miivaesota, hereinafter referred to as "City"; WITNESSETH: WHEREAS,Developer is the fee owner and developer of the real property described in Exhibit A,attached hereto and incorporated herein by reference,which real property is proposed to be subdivided and platted for development and which real property is subject to the provisions of this Agreement; and WHEREAS, Developer is proposing to subdivide a portion of Outlot C of Towne Lakes 7th Addition into 61 single-family t•esidential lots and 3 Outlats,which are described on the attached E�ibit A. Said subdivision ��vhich is to be gaverned by this Agreement is intended to bear the name "Tawne Lakes 7th Addifiion" and shall be hereinafter referred to in i#s entireiy as "Said Plat" ox� "Subject Property"; and WHEREAS, the City has given final approval of Developer's plat of Towne Lakes 7th Addition (at�ached hereto as Exhibit B) contingent upon compliance with certain City requirements including, but not limited to,matters set forth herein; and WHEREAS,the City requires that certain public improvements including, but not limited to biturninous sueet, sidewalk,trail(s), curb and gutter, grading, sanitary sewer,municipal water, storcn sewer and drainage ponds(hereafter "Municipal Improvements")be installed to serve the Development,to be instalied and financed by Developer; and 1 '�Cq,��j�s=,y�Retum TQ:Tri-County Abstract � . , , , � t 3, WHEREAS,the City further requires that certain on- and off site improvements be installed by the Developer within Said Plat,��vhich itnprovements consist of boulevards,top soil and sod, grading control per lot,bituminous or concrete driveways, drainage swales,berming, street signs, street lights, street cleanup during project developinent, erosion control, landscaping, and othe�•site- related items; and WHEREAS,this Agreement is entered into for the purpose of setting forth and memorializing for the parties and subsequent owners,the understandings and covenants of the parties concerning the development of Said Plat and the conditians irnposed thereon; and WHEREAS,the Cit�� and Developer's predecessor in title have previousty entered 'uito a Developer's Agreement titled"City of Albertville Conditional Use/ Planned Unit Development Agreement Towne Lakes 7th Addition"dated August 12, 2005 and recorded as document number 984963 at the Wright County Recorder's Office("Master Agreement")under which the City granted pretiminary plat approval to the plan for the area covered by said Master Agreement; and WHEREAS, Said Plat is governed by the Master Agreement, except as may be explicitly modified herein; and WHEREAS,the City and Developer desire to supplement the Mas#er Agreement with the site specific details applicable to To�me Lakes 7th Addition, as evidenced by the execution of this Agreement; and WHEREAS,the City and Developer desire to have this Agreement and the Master Agreement read together as if the entire Master Agreement were recited herein,«Tith any conflicts be�veen the two documents being resolved in favor of the language set forth in this document; NOW,THEREFORE, IT iS HEREBY AND HEREIN MUTUALLY AGREED,in consideration of each parry's promises and considerations herein set forth,as follows: 1. Preliminary Plat Master Agreement. A. That certain De�eloper's Agreement entitled "City of Atbertville Planned Unit DeveIopment Agreernent Towne Lakes Third Addition" ("Master Agreement") between Contractor Property Developers Company and the City of Albertviile, dated October 3, 2003 and recorded in the Wright County Recorder's Office as document number 894487 along with any recorded amendments is hereby incorporated 2 • � � 1 ? l ' herein the same as if the text of said Agreement were contained within this document. B. It is the intent of the parties that this Developer's Agreement ("Deveioper's Agreement") supplement the Master Agreement as to the specific developrnent issues related to Towne Lakes Seventh Addition; and that these two documents be read together ta determine the rights and obligations of the parties v��ith respect to the property contained within the Towne Lakes Seventh Addition. In the event of a conflict betvveen the terms of the Master Agreement and this Developer's Agreement, the terms of this Developer's Agreement shall control with respect to any conflicting issues within Towne Lakes Seventh Additian, but any such conflicts shall not alter the tenns of the Master Agreement as they apply to other plats, novv existing or to be platted in the future, within the remaining land area subject to the Master Agreement. 2. Plannerl Unit Develapment. The Development is hereby allowed to be developed as a Planned Unit Deveiopment with flexibility from the strict requirements of the City's Shoreline Regulations and Zoning Ordinance in relation to selected items detailed in this paragraph. A. All lots within the plat shall be subject to the Towne Lakes Comrnuniry Association, which is a inaster association, as currently established for Towne Lakes First and Second Additions. The Developer shalI apply to the existing Towne Lakes Community Association to have all nuznbered lots within Said Plat added to the existing Towne Lakes Community Association and shall take wha#ever action is reasonably necessary to have such lots accepted into and governed by the Towne Lakes Community Association. All new homes shall adhere to the To��vne Lakes architectural standards, except as may be amended and approved in writing by the Towne Lakes Communit�� Association, a copy of which shall be filed with the City. The Developer shall file covenant documents subjecting all lots within Said Piat to the tecrns and conditions of the Towne Lakes Coinmunity Association subject to review and approval by the Ci#y Attorney, which shall be recorded on the property records of the Iots. B. Trees, shrubs, berms and screening are to be planted and installed as shown on the landscape plan attaehed as E�ibit C, at such times set forth below: 3 • � ' � � t ' i. Boulevard Trees: Within 60 days of substantial completion of first lift of asphalt,weather permitting; ii. The rear-yard landscaping required of all yards abutting 70"' Street shall be instailed within 30 days of completion of final mass subdivision grading,weather permitting; iii. Any other landscapit�g shown on Exhibit C shall be installed no later than October 3 l, 2019. iv. The Developer shall guarantee that all new trees shall suivive fa��two full years fc�om the time planting has been completed or wiil be replaced at the expense of the Developer, except that 70tt' Street rear-yard landscaping shatl be replaced by the Developer if it dies prior to the issuance of an accupancy permit for said lot even if such iuro-year period has elapsed. C. T'he Developer shall file deed restrictions u�ith the Wright County Recorder of Deeds for all lots adjacent to or containing wetlands or storm water ponds indicating that no structures can be built within 30 feet of wetlands. All such deed restrictions shall be subject to the approval of the City Attorney. D. Other Use Restrictions. On all lots within 30 feet of any wetland, the native vegetation within said 30 feet of the wetland shall not be fertilized or mowed or otherwise disturbed. On all lots within 30 feet of any wetland, no stiucture, including, but not limited to, outbuildings ar accessory buildings, fence, planting or othei-material shali be placed or pei7nitted to remain which may damage or interfere with the instatlation and tnaintenance of utilities, or which tnay change the direction of flow or drainage channels in the easements, or which may obstruct or retard the flow of water through drainage channels in the easements. The easement area of each Lot including all improvements in it, shall be nlaintained continuously by the Owner of the Lot, except for those � impravements for which a public authority or utility company is responsible. No Owner or other person shall appIy any phosphorus- based fertiiizers or herbicides within fifly (50) feet of any wetland or lake. E. Prior to the sale of any Iot(s) within the Development, Developer shall provide the City with a copy of the sales literature identifying the i�equired thirty (30j foot wetland setback building restrictions, the location of all future paiks within the Developm.ent, and the location of all present and future sidewaiks and easements. Developer agrees that the aforenientioned sales literature wilt be distributed to alI potential lot 4 . , , , , , f � ' buyers li�ithin the Development prior to the sale of any of said lots by Developer. F. Developer ackno�vledges and understands that the intersection of Linwood Drive and 70`�' Street will be reevaluated with the construction of 7p`�' Street as a divided urban callector street. With the improvement of 70"' Street as a divided urban colIector street, Linwood Drive may be restricted to a right-in/right-out intersection with 70`" Street. Developer agrees to release and hold harmless the City from any claim of diminution in prnperty value of the properties on Said Plat arising from said potential restriction of the Lir�woodl70t�' Street intersection. G. Developer shall deed Outlots A and B of Said PIat to the City of Albertville upon the recording of the final p1at. H. Developer shall install and maintain «�etland demarcation signage at the boundaries of the wetland buffer. The sign design and sign locations shall be approved by the City Engineer. I. Setbacks for the lots on Said Piat shall be as follows: i. Street Setbacks: House/porch 15 feet Face af garage 25 feet ii. Side Yard Setbacks: House Side 10 feet Garage Side 5 feet Min.setback between homes 15 feet iii. Rear yard Z5 feet iv. Exceptions: 1. Pending written approval from the Master Hameawners' Association, the garage on any lot may align with the front of the house with a 25-foot setback for the entire structure. Z. Lot 1, Block 4 and Lot 5, Block 5 of Said Plat shalI have a minirnum rear yard setback of 10 feet. 3. Construction of Municipa!Improvements. S �� � ' �� ' � 3 A. The Developer shalt construct those Municipal I�nprovements Iocated on and off Said Plat as detailed in the Plai�s and Specifications for To���ne Lakes 7th Addition, as prepaz-ed by Civil Engineering Site Design dated Septembe;• 12, 20I7 and on file with the City Clerk, said improvements to include installation of bituminous street, curb and . gutter, sidewalks, water mains, sanitary and st�nn sewers, storm water ponding and site grading, street signs and traffic signs. All such improvements shall be constructed according to the standards adopted by the City, along v��ith all items required by the City Engineer. Unless the Ciry Engineer specifies a later date, said improvements shall be installed by September 30, 2018, except that the wear course of bituminous pavement inust be installed after between June ls`and 3uly 31S` of the year fallowing the installation of the base course of such bituminous pavement, even if this requirement causes the �vear course to be installed after September 30,2018. B. The Developer shali provide the City with recard drawings for all Municipal Improvements, consistent with City requirernents and subject to reviev��and approval of the City Engineer. Record drawings shall be certified by a registered land suiveyor or engineer that all ponds, swales, emergency overflows, and Municipal Improvements have been canstructed on public easements. The Developer shaIl provide suci� record dra�vings in both paper and electronic format as rec�uired by the Ciry Engineer. C. The Developer warrarits to the City for a period of two years from the date the City accepts the finished Municipal Improvements that all such improvements have been constructed to City star►dards and shall suffer no significant impairments,either to the structure or to the surface or other usable areas due ta improper construction, said warranty to apply both to poor materials and faulty v��orkmanship. Acceptanee sha11 be by City Council motion or resoiution. D. Developer shall provide the City with lien�vaivers from all contractors and subcontractors engaged to construet said improvements on Said Plat. Should Developer fail to provide the Cit}r with all applicable lien waivers, the City reserves the right to drativ upon Developer`s surety after providing Developer with 30 days written notice and pay any contractors who performed work on any Municipal Improvements and whom DeveIoper has failed to fully pay for the perfonnance of said work. 6 � ' � ' ' � R � �. E. The Cit�� shall, at its option, have the City Engineer present on Said Plat for itispection purposes at all times (or such times as the City may deem necessary) during the constiuction and installation of said Municipal Improvernents. Developer agrees to pay for alI costs incurred by the City during said inspections. F. The Developer shall be responsible, at Develop�r's expense, for plowing snow from all streets zn Said Plat that do nat have wear course installed. Such plowing shatl be done in a manner and on a timeline consistent with the way the Cit�� plows its other residential streets. Developer shall be responsible for repairing all damage which occurs to streets and utilities as a result of snow plowing when such streets do not have the wear course of bituminous instalted. 4. Constrnction of On-and Off-Site Improveme�nts. Il n • 11 f- ite im ro��ements includin A. Developer sha co st�uct a on- and of s p g instal(ation of yard top soil, sod and seed in all yards, landscaping, grading control per lot, bituminous or concrete drive���ays, drainage swales,berining,wetland demarcation signs and sign posts,and like items as necessary, streefi cleanup during project development, and erosion control, ali as required by City ordinance,this Agreement and the Master Agreement. Front, side and por�tions of the back yards of residential lots shall be sodded in aceordance�vith the Residential Development Standards as on file with the City Adininistrator's Office. Those portions of the yards not required to be sodded may be seeded with grass seed or sodded. In ail cases permanent furF or grass must be established over all areas of the lot not covered by a hard or impervious surface. The Developer shall guarantee that all new plantings shall survive for two full years from the time the planting has been completed or will be replaced at the expense of the Developer. Said on- and off site itnprovements shatl be installed no later than Septe�nber 30, 20I 8,with#he exception of erosion control,drainage swales and berming,which shall be installed upon initial grading of Said Plat, and except that the driveways and sod need not be installed in a lot until that lot is built upon(provided adequate ground cover has been established prior to the development of such lot). B. Developer shall, at its own expense,be responsible to ensure the following items are installed within the development, all such items to be installed under ground,within the sh eet right of way or such other location as may be approved by the City Engineer, accessible to all lots and in compliance with aIl applica6le state and local regulations: 7 ' ' � ' � � � r '- i. Electrical power supply,to he provided by Wright-Hennepin or other such cairier; ii. Natural gas supply;to be provided by Center Point Energy or other such carrier; iii. Telephone service,to be provided by Century Link Telephone Company or other such carrier; iv. Cable TV service,to be provided by a local carrier; In addition,the Developer shail, at its own expense,cause streetlights and street signs to be of such type and to be installed at such locations as required hy the City Engineer and in canfonnance u�ith the Manual on Uniform Traffic Control Devices. The De�e�eloper shall be respansible for streetlight operational expense until such time as the City accepts the Municipai Tmprovements. C. Before any grading is started on any site, alf erosion control measures as shown on the appraved Grading, Drainage and Erosion Control Plan attached as Exhibit D shall be strictly complied with. Developez shall maintain erosion control measures in aceordance with MPCA's Best Management Practices at all times during the development of Said Plat D. Notwithstanding the requirements of subparagraph 4A above and except as otherwise provided in this Agreement,the Developer shall be respansible ta ensure that the on- and off-site improvements are installed to the Ciiy's satisfaction for each lot or parcel prior to the date i cate of accu anc tem ora or ermanent is issued b � that a cert fi y { p ry p ) } P te on the lot unl c ' 'cate of ca d ess the erti#i the Ci for a biiiidin lo , tY g occupancy is issued after October lst and before March 30th in any given year, in which case a certifieate of occupancy shall be issued with the requirement that the Developer be�'equired to install said on- and off-site iterns for such iot by the following June 30`t'. E. Devetoper shaU install storm water i•etention/water quality ponds and basins upon Said Plat as shown on the Grading,Drainage and Erosion Control Plan attached as Exhibit D. Said ponds and basins shaIl be ` dedicated to the City, and Developer shall provide the City with perpetual drainage easements over such ponds. Said retention ponds and basins shail be installed prior to the instailation of utilities. 8 � ' � ' • � r '• 5. Intended Use of Subdivision Lots. It is the Developer's and City's intent that a total of 61 single family units be constructed on Said Ptat,with one single family home on each lot as well as any accessory str�ic#ures permitted under the City's zoning ordinance, this Agreement or the Master Agreement. 6. Surety Requirements. A. Developer vvill provicie the City with an irrevocable Ietter of credit(or other surety as approved by the City Attorney)as security that the obIigations of the Developer under ti�is contract shall be performed. Said letter of creciit or surety shall be in the amount of$1,209,75Q.00 representing the sum of 100%ofthe estimated cost of the Municipal Improvements{$1,104,000.00), $1,500.00 per aci•e for erosion control and nff-site improvements{$34,500.00), and I50%of the estimated cost for landscaping/screening materials($7I,250.00). Said letter of credit or surety must meet the approval of the City attorney as to form and issuing bank(the iss�iing bank must be an FDIC insured bank located within 100 miles of the City of AlbertviIle}, and must be avaiiable in its entirety to fulfill the obtigations of the Developer under this Agreement. The letter of credit to the City shalt contain language requiring its automatic renewal prior to Decernber 31 of each calendar year, unless cancellation of the lettet•of credit is specificaliy approved in writing by the Ciry. B. The City may draw on said letter of credit or surety af�er requzred written notice to complete work not performed by Developer (includin�;but not limited to on-and off-site improveinents, Municipal ImproiTements described above, erosion control, and other such measures),to pay liens on property to be dedicated to the Ciry,to reimburse itself for costs incurred in the drafting,execution, administration or enforcement of this Agreement,to repair or conect deficieneies or other problems which oecur to the Munieipat Improverr�ents during the warranty period, or to otherwise fuIfill the abligations nf Developer ur�der this Agreement. Said ietter of credit must be maintained by Developer at all times at the levEl provided in paragraph 6A above or a lesser amount authorized by the City Council pursuant to paragraph 7B below. C. In the event that any cash, irrevocable letter of credit, or other surety referred to herein is ever utilized and found to be deficient in amouzzt to pay or reimburse the City in total as required herein,the Developer agrees that upon being billed by the City,Developer will pay within 9 � ' � ' t r thirty (30} days of the mailing of said billing,the said deficient amount. If there should be an overage in the amount of utilized security, the City wilt,upon making said determination,refund to the Developer any monies which the City has in its possession which are in excess of the actuai costs of the project as paid by the City. D. Developer hereby agrees to allow the City to specially assess Developer's properiy for any and aIl reasonable costs incurred by the City in enforcing any of the terms of this agreement should Developer's letter of credit or surety prove insufficient or should Developer fail ta maintain said letter of credit or surety in the amount required above within 30 days of mailing of v�mitten request by the Cit��. E. That portion of said cash, irrevocable letter of credit or other surety with respect to the performance of Site In�.provements shall be released upon certification of the City Engineer and approval of the City Council that all such ite�ns are satisfactorily compieted pursuant to this Agreement. F. In the event a surety referred to herein is in fhe foiln of an irrevocable letter of credit,which by its terms may become nulI and void prior to the time at which all monetary or other obligations of the Developer are paid or satisfied, it is agreed that the Developer shall provide the City with a new letter of credit or other surety,acceptable to the City, at least forty-five(45) days prior to the expu•ation ot'the original letter of credit. If a new letter of credit is not received as required above,the City may��ritYtout notice to Developer declare a default in the terms of this Agreement and thenee draw in part or in total, at the City's discretion,upan the expiring letter of credit to avoic�the loss of surety for the continued obligation. The form of any irrevocable letter of credit or othe�surety must be approved by the City Attorney prior to its issuance. G. In the event the Developer files bankruptcy or in the event a barikruptcy proceedii�g is filed against Developer by others and is not dismissed within 60 days, or in the event a court appoints a receiver for the Developer, the City may draw on its letter of credit or surety in its fuil amount to secure its surety position. The City shall then release the remainder of said letter of credit or surety to the bankruptcy court or receiver in the same manner that it would be required to release the letter of credit under this Agreement. �a + � ! 7. Surety Release. A. Periodically, as payinents are made by the Developer for the completion of pottions of the Municipal Improvements and/or on- and I off-site Improvements, and/or landscaping improvements, and when it ' is reasonabiy prudent, the Deveioper may request of the City that the surety be proportionately reduced for that portion of the Municipal Improveiaaents and on- and off-site improvements and Iandscaping improvements which have been fully completed and payment made therefor. All such decisions shall be at the discretion of the City Council. The City's cost for processing reductian request(s)shall be billed tn the Developer. Such cost shall be paid to the City within thirty (30) days of the date of mailing o�the billing. B. The Developer may request of the City a reduction or reiease of any suz•ety as follotivs: i. When another acceptabie letter of credit or sureiy is furnished to tlze City to replace a prior letter of credit or surety. ii. When all or a portion of the Municipal Irnprovements or the on- and off-site improvements have been installed,the letter of credit vr surety may be reduced by the dol(az•ainount attributahle to that portion of improvements so installed, except that the City shall retain the Ietter of credit or surety in the arnount of 10% of the estimated construction price of the Municipal Ilnproveinents during the first year of the wai�ranty period and 5%of the estimated construction px•ice of the Municipal Improvements during the second year of the warraniy period. Developer may substitute a warranty bond acceptable to the City Attorney for the warranty letter af credit in the same amotints and duration as required for the v��arranty letter of cxedit. iii. When all or a portion of the landscaping improvements have been installed pursuant to the Landscaping Plan attached as E�ibit C,the letter of credit or surety may be reduced by the dollar amount attributable to that portion of such landscaping improvements installed, except the City shall retain the letter of credit or swety in the amount of 25% of the estimated Landscaping Tmprovement costs for tt��o years from the time of the installation of said iandscaping materials. lI . � . � . � , iii. As to all requests braught under this paragraph;the City Council shall have complete discretion whether to reduce or not to reduce said ietter of credit or surety. C. The costs incurred by the City in processing any reduction request shall be billed to the Deveioper and paid to the City within thirty (30) days of billing. 8. Abandonment of Project- Costs and Expenses. In the event Developer sl�ol2ld abandon the proposed development of Said Plat,tl�e City's costs and expenses related to attoi�ney's fees,professional review; drafting of tl�zs Agreement,preparation of the feasibility report,plans and specifications, and any other expenses undertaken in reliance upon Developer's various assertions shall be paid by said Developer w�ithin thiz�iy (30)days after receipt of a bill for such costs froi�:�the Ciry. In addition, in the event the Developer ahandons the project, in whole or in part,ceases substantial field work for more than nine(9)months,fails to provide sufficient ground-cover to prevent continuing soil erosion from Said Plat, or fails to Ieave the abandnned property �in a condition which can be mowed using conventional Iawn mowing equipment,Developer agrees to pay all costs the City may incur in taking whatever action is reasonably necessary to provide ground-cover and otherwise restore Said Plat to the point where undeveloped grounds are level and covered witt�permanent vegetation sufficient#o prevent continuing sail erosion froin Said Piat and to facilitate , tnowing of Said Plat. In the event that said costs are not paid,the City may withdraw funds fxom the above-mentioned surety for the purpose of paying the costs referred to in this paragraph. 4. Developer to Pa�� City's Costs and Expenses. It is understood and agreed that the Developer will reimburse the Ciiy for all reasonable administrative, legal,planning, engineering and other professional costs incurred in the creatior�, administration, enforcement or execution of this Agreement and the approval of Said Plat, as well as alI reasonable engineering expenses incu��red by the City in designing,approving, installing, and inspecting said Improvements described above. Developer agrees to pay all such costs��vithin 30 days of billing by the City. If Developer fails to pay said amounts, Developer agrees to allow the City to reimburse itself from said surety and/ar assess the amount awed against any or a11 of Said Plat without ohjection. Developer has the right to request time sheets or work records to verify said billing prior to payment. i2 10. Sanitary Sewer and Water Trunk Line Fees. Developer agrees that the Ciry's Sanitary Sewer Trunk Line Fee Qrdinance ' and Water Trunk Line Fee Ordinance currently requires the Developer to pay I $2,055.00 per acre and$1,925.00 per acre respeetively,upon development of said Plat. There are 23 ac�-es in said Plat to which the Trunk Charges apply, which received final plat approval. Therefore,the Saiiitary Sewer and Water Trunk Line Fees for the numbered receiving final piat approval are$91,540 ($47,265 in sanitaiy sewer trunk line fees calculated as$2,055.00 x 23 acres and$44,275 in water fees calcutated as $1,925A0 x 23 acres). 1 �. Erosion and Sediment Control. Developer shall implement ail erosion control measures detailed in the Storm Water Pollution Prevention Plan ("SWPPP") and on the Grading and Drainage plan(including construction of all temporary and permanent ponds) in the order required by the City Engineer. Developer shal! also implement any additional erosion control measures required by the City Engineer, and shall abide by all erosion control requirements containec�in the Albertville Subdivision ordinance and as required by the NPDES Eonstruction Stormwater Pernlit foi•the project. The parties recognize that tiine is of the essence in controlling erosion. If the Developer daes not comply with the erosion control plan and/or the requirements of the NPDES Construction Stormwater Permit,the City may take such action as it deeins appropriate to controt erosion, and the landowner hereby grants the Ciiy permission to enter upon the land and take such necessary erosion control aetions. The City will endeavor to notify the Developer in advance of any proposed action,but ' faiiure of the City to do so will not affec#the Developer's and City's rights or obligations hereunder. Ifthe Developer does not reimburse the City for an�� cost the City incurred for such work within thirly (30)days,the City may draw down the letter of credit to pay any costs or rnay specially assess : Developer's land for the costs not covered by the letter of credit. No development will be allowed and no building pexrnits will be issued unless the development is in full compliance with the erosion control requirements. 12. Ditch Cleanin�. Developer shall comply with a11 requirements set foi-th for drainage into any count}� ditch or other ditch through which water from Said Plat may drain, and shall make any necessaty improvements or go through any necessary procedures to ensure compliance with any federal;state,county or cit�� requirements, all at Developer's expense. 13 . • , ' , � 13. Maintain Public Proper Damaged or Cluttered Durin�Construction. Developer agrees to assume full financial responsibility for any damage or repairs which nnay occur to public property including but not limited to , streets, street sub- base, base, bituminous surface,curb,utility system inctuding but not li�nited to watermain, sanitary sewer or stonn sewer when said damage oecurs as a result of the consttuction activiry whieh takes place during the development of Said Plat, including the initial consfruction of homes on the lots. The Developer further agrees to pay all costs rec�uired to repair the streets, utilii�� systems and other public property damagecl or cluttered with debrzs when occurring as a clirect oi•indirect result of said construction that takes place in Said Plat. Developer agrees to clean the skreets on a daily basis if required by the City. Deveioper fui-�her agrees that any damage to public property occu�-ring as a result of const�•uction activity on Said Plat will be repaired immediately if deemed to be an emergency by the City. Developer further agrees that any damage to public property as a result of construction activity on Said Plat will be repaired within 14 days if not deemed to be an e�net•gency by the City. If Developer fails to so clean the streets or repair or maintain said public property,the City may immediateiy undertake making or causing it to be cleaned up,�•epaired or maintained. When the Cit��undertakes such activity, the Developer shall reimburse the City for all of its expenses within thirty , (30)days of its billing to the Developer. If the Developer fails to pay said bill within thirry {30) days,then the City may specially assess such costs against the lots within Said Plat andlor take necessary iegal action to recover such casts and the Developer agrees that the City shall be entitled to attorne}�'s fees incurred by the Cit�� as a result of such Iegal action. 14. Temporary Easement Rights. Developer shall provide access to Said Plat at all reasonable times to the City or its representatives for puiposes of inspection or to accomplish any necessary work pursuant to this Agreement. l5. MiscelIaneeus. A. Developer agrees that all constructaon items required under this Agreement are items for which Developer is responsible for completing and all work shall be done at Developer's expense. 14 ' . , . , , , ' B. If an ortion sectioi� subsection sente»ce clause ara ra h or yr � , , , ,� � r phrase of this Contract is for any reason held invalid by a Court of competent jurisdiction, such decision shall not affect the validity of the remaining portion of this Contract. G If building permits are issued prior to the complefion and acceptance of public improveinents,the Developer asswnes all liability and the costs resulting in delays in completion of pt�blic improvements and damage to public iinprovements caused by the City,Developer,its cont�actors, subcontractors,materiai�nen, employees,agents, or third parties. D. The action or inaction of the City shall not constitute a waiver or amendnnent to the provisions of this Contract. To be binding, amendrnents or waivers shail be in writing,s�gned by the parties and approved by written resolution ofthe City Council. The City's failure to promptly take legal action to enforce this Contract shail not be a waiver or release. ' E. This Contract shall run witli the Iand and shall be recorded against the title to the property. F. 'I'he Developer represents to the City that Said Plat coinplies with all City, count��, state and federal laws and regulations,including but not limited to: subdivision ordinances,zoning ordinances,and environmental regulatians. If the City deterrnines that Said Plat does not comply, the City may, at its option,refuse to allow construetian or development work in the plat until the Developer so complies. Upon the City's demand,the Devetaper shalt cease work until there is compliance. : G. Prior to the execution of this Agreement and prior to the start of any construction on Said Plat,Developer shall provide the City with evidence of good and marketabie title to all of Said Plat. Evidence of good and marketable title shall eonsist of a Title Insurance Policy ar Commitment from a f�ational tit[e insurance eampany, or an abstract of ' title updated by an abstract company registered under the laws of the State of Minnesota. H. Develnper shall comply with all water,ponc�ing and wetland related restrictions, if any,required by the Wright County Soil and Water Conservation District and/or the City and any applicable provisions of State or Federal law or regulations. 15 . . ' ' 1 I. The Albertville City Council reserves the right to allocate wastev��ater treatment capacity in a manner it finds to be in the best interests of the public heaith, safety and���elfare. J. Developer shall obtain all required driveway, utility and other permits as required by the City Engineer, Wright County ancUor the State of Minnesota for the construction of the Municipal Improvements and the On- and Off-Site Improvements. 16. Violation of A�reement. A. In the case of default by the Developer, its successors or assigns, of any of the covenants and agreements herein contained, the City shatl give Developer thirty (30)days mailed notice thereof(via certified maii),and if such default is not cured within said thirty(30)day period,the City is hereby granted the right and the privilege ta declare any deficiencies governed by this Agreement due and payable to the City in full. The thirt�� (30)day notice period sha11 be deemed to F-un fiom the date of deposit in the United States Mail. Upon failure to cure by DeveIoper,the City may thence iinmediateiy and without notice or consent complete sorne or alt of the Developer's obligations under this Agreement,and bring legal action against the Developei•to coilect any sums due to the City pursuant to this Agree�nent,plus all costs and attorney's fees incurred in enforcing this agreement. The City may also specially assess aIl said costs incuned upon default against the properties in Said PIat pursuant to the terms of this agreement. B. Notwithstanding the 30-day notice perzod provided for in paragraph 16(A) above, in the event that a default by Developer will reasonably result in irreparabie harm to the environment or to public properly, or ' result in an imminent and serious public safety hazard,the City may immediately exercise all remedies available to it under this agreement in an effort to prevent,reduce or othertivise mitigate such irreparable : harm or safeiy hazard,provided that the City makes good-faith, reasonable efforts to notify the Deveioper as soon as is practicable of the default,the projected irreparable harm or safety hazard, and the intended actions of the City to remedy said harm. C. Paragraph 16A of this section shall not apply to any acts or rights of the City under the preceding paragraph 6F,and no notice need be given to the Developer as a condition precedent to the City declaring a 16 , , defauit or drawing upon the expiring irrevocable letter of credit as therein authoY•ized. The City inay elect to give notice to Developer of the City's intent to draw upon the surety without waiving the City's right to draw upon the surety at a future time without notice to the Developer. D. 13reach of any of the terms of this Contract by the Developer shall be grounds for deniai of building pennits. 17. Dedications to the Ci _ty. A. Municipal Tmprovement Dedications. The Developer, upan presentatian to the City of evidence of good and znarketable title to Said Plat, and upon completion of all consti�uction work and certificatian of completion by the City Engineer, shall dedicate all roads, road and trail right-of-ways; side�valks, curbs, drainage and utility easements, gutters, ponds, sewers and,water mains to the City. Upon acceptance of dedication, Developer shalt provide to the City « » As-Builts of all sewers, water mains. Acceptance by City of any dedication shall occur upon passage of a resol�.xtion to such effect by the City Council. B. Park Dedieation. The City acknowledges that the Developer has fully satisfied its park dedication requirement for Said Plat via pa�•k dedications with previous Tawne Lakes plats. C. Outlot Dedications. The Developer shall deed Outlats A and B to the City. 18. Administrative Fe�. A fee for City adininistration of this project shall be paid priar to the City executing the Plat and this Agreement. Said fee shall be 3.5% of the estimated construction costs of the Municipal Improvements within the Plat. The administrative fee for this Plaf is $38,640.00. 19. Phased Deve[opment. As said Plat is a phase of a multi-phased preliminary plat,Developer agrees that the City ma}�refuse to approve final plats of subsequent phases until public improvements for all prior phases have been satisfactorily completed. D�velopment of subsequent phases may not proceed until the City approves Development Contracts for such phases. Appraval of this phase of the Development shall not be construed as approvaI of futtire phases nor shall approval of this phase bind the City to approve future Development phases. The Master Agreement,the City's Conaprehensive Plan, Zoning ordinance, Subdivision ordinance, and other ordinances shall 17 ' . i i govern all future Development phases in effect at the time such future De��eiopment phases are approved by the City. 2Q Indemnit.y. Developer shall hold the City and its officers and empioyees ha�mless from claims made b�� Developer at�d third parties for damages sustained or costs incurred resulting fro�n Said Plat approval and deveiopment. The Developer shall indemnify the City and its officers and em�loyees for all costs, damages or expenses that the City may pay or incur in consequence of such elaims, including attorney's fees. Third paY-ties shail have no recourse against the City ui�der this contract. 21. Assignment of Contract. The Developer can assign the obligations of the Developer under this Contract. Ho��vever,the Developer shalt not be released from its obliga�ions under this contract without the express written consent of the City Council through Council resolution. 22. Limited Approval. Approval of this Agreement by the City Council in no way constitutes approval of anything other thai�that ��hich is explicitly specif ed in this Agreement. 23. Professional Fees. The Developer will pay all reasonable professional fees incurred by the City as a result of City efforts to enforce the terms of this Agreement. Said fees include attorney's fees, engineer's fees,planner's fees, and any other professional fees incur�ed by the City in attempting to enforce the terms of this Agreement. The Dcveloper tivili aiso pay all reasonable attorneys and professional fees incurred by the Cit}� in the event an action is ' brought upon a letter of credit or other surety futnished by the Developer as provided herein. 24. Plans Attached as Exhibits. All plans attached to this Agreement as E�ibits are incorporated into this Agreement by reference as they appear. Unless otherwise specified in this agreement,Developer is bound by said plans and responsible for implementation of said plans as herein incorporated. 25. Integration Ciause,Modification by Written A�reement Only.This Agreement represents the full and complete understanding of the parties and neither party is relying on any prior agreement or statement{s}, whether oral or written, except as specified herein. ModiFication of this Agreement may occur only if in writing and signed by a duly authorized agent of both parties. 26. Notification Information. Any notices to the pa�ties herein sha11 be in writing, delivered by hand(to the City Clerk for the Cit}�) or registered mail addressed as follows to the following parties: 18 • � • ' t � � City of Albertville c/o City Clerk P.O. Box 9 Albertvi11e, 1VIN 55301 Telephone: (763) 497-3384 HSB Ventures, LLC., Attn: Henry Hanson 14505 431d Avenue North Minneapolis, MN 55446 Telephone: �� 3�.�3$ ` �(��l� 27. Agreement Effect. This Agreement shall be binding upon and extend to the representatives, heirs, successors and assigns of the parties hereto. CITY OF ALBEIZTVII..I.E, B ' ?.r r�` �, illian Hendrickson ts Mayor By � � � L� Ki b y A. Olson Its Clerk HSB VENTURES,LLC. By , H Hansen Its esident 19 STATE OF 1VIINNESOTA ) . ) ss. COUNTY O�WRIGHT ) The foregoing instrument was acknowledged before me this o)"`=� day of D C���.� , 2017, by Jillian Hendrickson 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. ""�,-.,,, Tina Louise Lannes _�' ��; Notary Public o1�"' `� �� ��l /�-�/�— =5 '; Minnesota S 5 '�My Comn�lai Ezp�Jonua 31,2010 'y�-�:'"!�, Notary Public STATE OF MINNESOTA ) ) ss. COUNTY OF WRIGHT ) The foregoing instrument was acknowledged before me this �J day of 0 C��� , 2017, by Kimberly Olson, as Clerk of the City of Albertville, a Minnesota municipal corporation, on behalf of the city and pursuant to the authority of the City Council. Tina Louise Lannes - �A= Notary I'ublic � �n��_ �� '� Minnesota '�,,,,;;,,, ,,,,•`My Commivan�zpinH Jmue 31,Y019 Notary Public O S A ) ) ss. COUNTY OF WRIGHT ) Henry Hansen, as President of HSB Ventures, LLC., acknowledged the foregoing instrument before me this 1 i� day of 0 c�zt-��.v.�— , 2017. Tina Louise Lannes �/% "' ' � � Notary Public � /�.Q,2,_ ;� � � Minnesota 31,2019 Notary Public ;;�;,,�'�My Commi�ion Ezpires January DRAFTED BY: Couri &Ruppe P.L.L.P. P.O. Box 369 705 Central Avenue East St. Michael, MN 55376 (763) 497-1930 20 ' • � ' s EXAIBIT A TO DEVELOPER'S AGREEMENT The legal description of the Plat to 1�hich this Developer's Agreement applies is as follo�vs: Lots I-14, Block 1 Lots 1-20,Block 2 Lots 1-2,Block 3 Lats 1-3,Block 4 Lots 1-8,Block 5 Lots 1-$,Block 6 Lots 1-6,Block 7 Outiot A Outlot B Outlot C All said property is located in Towne Lakes 7th Addition,City of Albertville, County af Wright, State of Minnesota. , Z1 . 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