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2005-04-20 Recorded Agmt for Waiver of Obj to Spec Asmts j, Doc. No. A 955573 OFFICE OF THE COUNTY RECORDER WRIGHT COUNTY, MINNESOTA Certified Filed and/or Recorded on 04-20-2005 at 12:31 Check #: 6783 Fee: $20.00 Payment Code 02 Add! Fee Larry A. Unger, County Recorder AGREEMENT FOR WAIVER OF OBJECTION TO SPECIAL ASSESSIVIENT ASSOCIATED WITH THE 2004 PRAIRIE RUN IMPROVEMENT PLANS WHEREAS, the Albertville City Council has received a petition from abutting landowners requesting that the City construct street, curb, gutter, municipal water, storm water, sanitary sewer, sidewalk and grading improvements in that development that has received preliminary plat approval as Prairie Run within the City of Albertville; WHEREAS, the above referenced improvement project is known as the "2004 Prairie Run Improvements"; WHEREAS, the petitioners have requested that any and all fees and costs required for construction of said petitioned for improvements be adopted by the City as a special assessment against the benefited properties. WHEREAS, the City has agreed to construct the petitioned for street, curb, gutter, municipal water, storm water, sanitary sewer, sidewalk and grading improvements provided that the owners of the property that would benefit from the subject improvements agree to waive any special assessment appeal rights they might have with regard to the costs proposed to be assessed to their property. WHEREAS, Finken Water, Inc. ("Property Owner") is the owner of the property as legally described on attached Exhibit A ("Property): WHEREAS, the assessment to the Property as a result of the 2004 Prairie Run Improvements is estimated to be $207,511 ; NOW, THEREFORE, the City of Albertville and Property Owner agree as follows: 1 1. In the event the City shall construct the petitioned for improvements pursuant to the plans and specifications prepared by the City Engineer for the 2004 Prairie Run Improvements, the City may adopt a special assessment against the benefiting properties for the costs associated with such improvements. 2. Property Owner hereby knowingly and voluntarily waives any objection to said assessment levied against the Property in an amount up to $207,511, the estimated cost of construction. Specifically, Property Owners acknowledge that the 2004 Prairie Run improvements will specially benefit the Property in an amount at least equal to $207,511 and hereby waive any right to appeal or challenge an assessment in the amount of$207,511 pursuant to Minn. Stat. 9429.081, or any other statutory, common law, or Constitutional provision. 3. In the event that the special assessments levied against the Property exceed $207,511, Property Owner shall have the right to appeal from the difference between $207,511 and the actual assessment amount levied against the Property. 4. This Agreement shall be binding upon and extend to the representatives, heirs, successors and assigns of the parties hereto. Dated: 9 /05 { ,2004 CITY OF ALBERTVILLE -- ~---- // ---; " -~~/<. j Donald Peterson Mayor Water, Inc. B . Thomas Finken Its: President bL~(j1Y\.~ Bridget Mir r City Clerk 2 STATE OF MINNESOTA) ) ss. COUNTY OF WRIGHT ) The foregoing instrument was acknowledged before me this r; day of I) VI t,U~ '"1 ,2004, by Don Peterson 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. o-~ Notary Public STATE OF MINNESOTA) ) ss. COUNTY OF WRIGHT ) r The foregoing instrument was acknowledged before me this S- day of A t.1 ,:..'" .~"f , 2004, by Bridget Miller, as Clerk-Administrator ofthe City of Albertville, a Minnesota municipal corporation, on behalf of the city and pursuant to the authority of the City Council. z--' ~/ z::.:- ~ ~~..-- Notary Public STATE OF MINNESOTA) ) S.s. COUNTY OF WRIGHT ) DAVID WENDORF NOTARY PUBLIC-MINNESOTA My Commission Expires Jan. 31. 2005 ;<.'/1-/:':- ~ . - - .~ ~ /) The. foregoing instrument was acknowledged before me this '-~ /2:!? day of ~(,( 1'1A,<1/I 2004, by Thomas Finken as Pr . nt of Finken Water, Inc. ~ A . JY, 'r- ~ CVNTHIA SUE GANS OF NOTARY Notary Public Minnesota My Commlssion EJCpInls.lan. 31. 2007 3