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2004-12-22 Recorded PUD Agreement ~,t 1(;) .) ,f-&- i Doc. No. A 940358 OFFICE OF THE COUNTY RECORDER WRIGHT COUNTY, MINNESOTA Certified Filed and/or Recorded on 12-22-2004 at 03:00 Check I: 109495 Fee: $ 40.50 Payment Code 02 Add!. Fee NS Larry A. Unger, County Recorder CITY OF ALBERTVILLE pLANNED UNIT DEVELOPMENT AGREEMENT pRAIRIE RUN -H \ \ THIS AGREErvtENT, entered into this I Co \ day of -\-uJ~ ' 2004 by and between GOLD KEY DEVELOPMENT, INC., a Minnesota Carpor . n, referred to herein as "Developer"; and the CITY OF ALBERTVILLE, County of Wright, State of Minnesota, hereinafter referred to as "City"~ WITNESSETH: WHEREAS, Developer, Robert C. Heuring and Christine A. Heuring are the fee owners of the real property described in the attached Exhibit A, which is the real property is proposed to be subdivided and platted for development, and which subdivision, which is the subject of this Agreement, is intended to bear the name "Prairie Run" and shall hereinafter be referred to in its entirety as "Said Plat" or "Subject Property"; and WHEREAS, this Agreement shall apply to the Subject Property which is owned in fee by Developer which is legally described as follows (after the filing of the Prairie Run Plat): Lots 1-15, Block 1 Lots 1-38, Block 2 Outlot A All said property in Prairie Run plat, City of Albertville, County of Wright, Minnesota. E,ll! ~ RH\,iilJ',(;O ~B Gdj.i~\:\I{fY TlftE lr~C. till ~1f ,(,0\'.\0 AVH"JE STE. 750 ~fllr~NSWOUS, MN 50401 ~q~<:(<,.. 1 EXHIBIT .. .. ~ A :I -f- ~! WHEREAS, this Agreement along with the separate Planned Unit Development Agreement for Prairie Run signed by Robert C. Hooring and Christine A. Heuring and the City is intended to govern the respective rights of the parties with regard to Said Plat. WHEREAS, Developer intends to subdivide 33.7 acres into 53 single-family residential lots for purposes of constructing 53 new single-family residential units; and WHEREAS, approval of a Planned Unit Development is required to allow for the aforementioned subdivision proposed by Developer; and WHEREAS, the City has given final approval of Developer's plat of Prairie Run contingent upon compliance with certain City requirements including. but not limited 10, matters set forth herein; and WHEREAS, the City requires that certain public improvements including, but not limited to bituminous street, sidewalk, curb and gutter, grading, drainage, sanitary sewer, municipal water and stonn sewer and drainage ponds (hereafter "Municipal improvements") be installed to serve the Subject Property and be fmanced by Developer; and WHEREAS, the City further requires that certain on- and off-site improvements be installed by the Developer within Said Plat, which improvements consist of paved streets, boulevards, top soil and sod, grading control per lot, bituminous or concrete driveways, parking lot, drainage swales, benning, streel signs, street cleanup during project development, erosion control, and other 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 the Said Plat and the conditions imposed thereon: NOW, THEREFORE, IT IS HEREBY AND HEREIN MUTUALLY AGREED, in consideration of each party's promises and considerations herein set forth, as follows: I. Planned Unit Development. Development of Said Plat shall be as a Planned Unit Development with flexibility from the strict requirements of the City's Zoning Ordinance in relation to minimum lot sizes, lot widths and set-back requirements. Unless otherwise explicitly set forth in this Agreement, however, Developer must conform to the requirements of the R-IA zone of the Albertville Zoning and Subdivision Ordinance, as well as all other applicable land use regulations. Developer agrees that the following conditions will be met on a continuing basis: 2 r- A. All lot sizes and widths shall be as shown on the final plat attached as Exhibit B to this Agreement. B. Setbacks may deviate from the R-IA zoning district as follows: 1. For Lots 1-15, Block 1 and Lots 14~38, Block 2, the following minimum building setbacks shall be observed: Front Yard: 30 feet Side Yard: 10 feet Rear Yard: 25 feet 11. For Lots 1~13, Block 2, the following minimum building setbacks shall be observed: Front Yard: Side Yard: Rear Yard: 17 feet from the private street 10 feet 2S feet C. All grading, drainage, utility, wetland mitigation, and transportation issues thaI arise during development of Said Plat shall be subject to review and approval by the City Engineer. D. Trees, shrubs, berms and screening are to be planted and installed as shown on the landscape plans attached as Exhibit C. 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. E. Prior to the sale of any lol(s) within Said Plat, Developer shall provide the City with a copy of the sales literature identifying the required thirty (30) foot wetland setback building restrictions and the location of all sidewalks. Developer agrees that the aforementioned sales literature will be distributed to all potential iot buyers within Said Plat prior to the sale of any of said lots by Developer. F, Other Use Restrictions. On all lots within 30 feet of any wetland or storm water management pond, nO structure, including, but not limited to, outbuildings or accessory buildings, fence, planting or other material shall be placed or permitted to remain which may damage or interfere with the installation and maintenance of utilities, or which may change the direction of flow or drainage channels in the easements, or which may obstruct or retard the 3 --.- D12- :r flow of water through drainage channels in the easements. The easement area of each Lot including all improvements in it, shall be maintained continuously by the Owner of the Lot, except for those improvements for which a public authority or utility company is responsible. No Owner or other person shall apply any fertilizers or herbicides within fifty (50) feet of any drainage easement. Developer shall install, at its sole expense, markers showing the demarcation of wetland boundaries. The demarcation of wetland boundaries shall be subject to the approval ofthe City. G. Developer shall establish a homeowner's association via a recorded covenant for this Development. Developer shall file the Homeowner's Association covenants against all Lots in Said Plat. Said Homeowners' Association covenants and agreements for Said Plat shall be submitted to the City Attorney for review and approval. At a minimum the recorded covenant for the Homeowner's Association shall include the following: 1. The Homeowners' Association shall own and maintain Outlot A as a private street for the benefit of Lots 1-13, Block 2 of Said Plat. 2. The Homeowners' Association shall maintain said private street in perpetuity in a manner similar to the way the City maintains its residential streets, and shall keep the road passable for emergency vehicles at all times. H. Developer shall convey Outlot A to the Homeowners' Association. 1. Developer shall remove all farm buildings and structures from the that portion of Said Plat owned by Developer by July 1,2005. 2. Construction of Municipal Improvements. Upon receipt of a signed waiver of appeal of special assessments from all non- governmental property owners whose property benefits from the Municipal lmprovements, the City shall constroct Municipal Improvements which shall consist of street, sidewalk, watennain, sanitary sewer, and stonn sewer improvements as shown in the plans dated April 30, 2004 prepared by Short Elliott Hendrickson, Inc. entitled "2004 Prairie Run Improvements." The City Engineer shall inspect the installation of said Municipal Improvements on a regular basis. City shall use reasonable efforts to substantially complete said Municipal Improvements by July 31, 2005, provided, however, the City may elect to install the bituminous wear course by October 31, 2006. With regard to the Municipal Improvements listed above, the parties agree as follows: 4 A. The City shall specially assess 100% of the costs of said Municipal Improvements to the benefiting properties, including the lots in Said Plat, payable over a period of years to be detennined by the City but not exceeding five years, at an arnlUal interest rate not exceeding the rate of any bond issued to [mance said Municipal Improvements plus 2%. Developer has executed an assessment agreement related to the Municipal Improvements. This Agreement shall not alter, change, or modify those assessment agreements. B. The City shall, at its option, have the City Engineer present on Said Plat for inspection purposes at such times as the City may deem necessary during the construction and installation of said Municipal Improvements. Developer agrees to pay for all costs incurred by the City during said inspections. Upon request, the City shall provide Developer with time sheets and work records to verify such costs before payment by Developer. 3. Construction o(On- and Off-Site Improvements. A. Developer shall construct all on- and off-site improvements including, but not limited to, installation of street signs, traffic signs, yard top soil, sod and seed in all yards, grading control per lot, bituminous or concrete driveways and parking lots, drainage swales, benning, and like items as necessary, street cleanup during project development, and erosion control, all as required by City ordinance. Front, side and portions of the back yards of residential lots shall be sodded in accordance with the Residential Development Standards as on file with the City Administrator's Office. Those portions of the yards not required to be sodded may be seeded with grass seed or sodded. In all cases pennanent turf or grass must be established over all areas of the lot not covered by a hard or impervious surface. Said on- and off-site improvements shall be installed no later than October 31, 2004, with the exception of erosion control, drainage swales and benning, which shall be installed upon initial grading of Said Plat. B. Developer shall, at its own expense, cause the following items to be installed within the development, all such items to be installed under ground, within the street right of way or such other location as may be approved by the City Engineer, accessible to a1110ts and in compliance with all applicable state and local regulations: 5 1. Electrical power supply, to be provided by Xed Energy or other such cam er; 11. Natural gas supply, to be provided by Reliant Energy or other such carrier; Ill. Telephone service, to be provided by SprintJUnited Telephone Company or other such carrier; IV. Cable TV service, to be provided by a local carrier; In addition, Developer shall, at its own expense, cause street lights to be installed at such locations as required by the City Engineer. Street signs shall also be installed of such type and at such locations as required by the City Engineer and in conformance with the Manual on Uniform Traffic Control Devices. C. Developer shall install silt fencing in back of all curbing within 30 days after said curbing is installed, or 7 days after the "small utilities" (gas, phone, electrical and cable television) have been installed, whichever occurs sooner. Developer shall be allowed to substitute hay bales for a 22-foot section of silt fencing on each lot for the purpose of allowing construction vehicles to pass from the street to each lot. No constrUction vehicles shall pass from the street to the lots except through such designated 22- foot section of hay bales. Developer shall remove all hay bales and silt fencing from each lot as sod is installed upon said lot. D. Notwithstanding the requirements of subparagraph 3A above, the Developer shall install to the City's satisfaction improvements for each lot or parcel prior to the date that a certificate of occupancy (temporary or pennanent) is issued by the City for a building located on the lot, unless the certificate of occupancy is issued after October 1st and before March 30th in any given year, in which case a certificate of occupancy shall be issued only if the owner of the lot has entered into an escroW agreement with the City and provided an escrow for 150% of the estimated cost of said improvements pursuant to City Ordinance. E. Developer shall install storm water retention/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 shall be dedicated to the City, and Developer shall provide the City with perpetual drainage easements over 6 such ponds. Said retention ponds and basins shall be installed prior to the installation of utilities. 4. Intended Use of Subdivision Lots. The City and Developer agree that the numbered lots in Said Plat are intended only for single-family residential use in the number and the configuration as are shown on Said Plat. Developer shall construct only one single family dwelling per numbered lot, unless Said Property is rezoned by the City in the future into a classification which would allow additional units to be constructed. 5. Surety Requirements. A. The Developer will provide the City with an irrevocable letter of credit (or other surety as approved by the City Attorney) as security that the obligations of the Developer under this contract shall be performed. Said letter of credit or surety shall be in the amount of $791,537.00 representing the sum of 50% of the estimated cost of the Municipal Improvements ($680,337.00), 100% of the on and off-site improvements ($53,000.00), and 150% of the estimated cost for landscaping/screening materials related to Said Plat ($58,200.00). Said letter of credit or surety must meet the approval of the City attorney as to fonn and issuing bank. B. The City may draw on said letter of credit or surety to complete work not performed by Developer (including but not limited to on- and off-site improvements, Mlmicipal Improvements described above, erosion control, and other such measures), to pay liens on property to be dedicated to the City, to reimburse itself for costs incurred in the drafting, execution, administration or enforcement of this Agreement, to repair or correct deficiencies or other . problems which occur to the Municipal Improvements during the warranty period, or to otherwise fulfill the obligations of the under this Agreement. 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 amOl.U1t to pay or reimburse the City in total as required herein, Developer agrees that upon being billed by the City, the Developer will pay within 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 will, upon making said determination, refund to the Developer any monies which the City has in its possession which are in excess of the actual costs of the project as paid by the City. 7 --"- D. Developer hereby agrees to allow the City to specially assess the Developer's property for any and all costs incurred by the City in enforcing any of the terms of this agreement should the Developer's letter of credit or surety prove insufficient or should the Developer fail to maintain said letter of credit or surety in the amount required above within 30 days of mailing of written request by the City. Should the City assess the Developer's property for said costs, the Developer agree not to contest or appeal such assessment and waives all statutory rights of appeal under "Minnesota Statutes, including Minnesota Statute 429.081, to the extent of the costs identified in this Agreement. E. That portion of said cash, irrevocable letter of credit or other surety with respect to the performance of Site Improvements shall be released upon certification of the City Engineer and approval of the City Council that all such items are satisfactorily completed pursuant to this Agreement. F. In the event a surety referred to herein is in the fonn of an irrevocable letter of credit, which by its terms may become null 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 expiration of the original letter of credit. If a new letter of credit is not received as required above, the City may without notice to the Developer declare a default in the terms of this Agreement and thence draw in part or in total, at the City's discretion, upon the expiring letter of credit to avoid the loss of surety for the continued obligation. The form of any irrevocable letter of credit or other surety must be approved by the City Attorney prior to its issuance. 6. Surety Release. A. Periodically, as payments are made by the Developer for the completion of portions of the Municipal Improvements, On- and Off-site Improvements, and/or Landscaping Improvements and when it is reasonably prudent. the Developer may request of the City that the surety be proportionately reduced for that portion of the Municipal 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 reduction request(s) shall be billed to the Developer. Such cost shall be paid to the City within thirty (30) days of the date of mailing of the billing. 8 B. ' Developer may request of the City a reduction or release of any surety as follows: 1. When another acceptable letter of credit or surety is furnished to the City to replace a prior letter of credit or surety. 11. When all or a portion of the Municipal Improvements have been installed and as the corresponding special assessments are paid, that portion of the letter of credit or surety attributable to the municipal improvements may be reduced by 50% of the dollar amount of special assessments which have been paid. Hi. When all or a portion of the on- and off-site improvements or the Landscaping Improvements have been installed, the letter of credit or surety may be reduced by the dollar amount attributable to that portion of improvements so installed, except the City shall retain the letter of credit or surety in the amount of 25% of the estimated landscaping costs for two years from the time of the installation of said landscaping materials. C. The costs incurred by the City in processing any reduction request shall be billed to the Developer and paid to the City within thirty (30) days of billing. 7. Abandonment of Proiect - Costs and Espenses. In the event Developer should abandon the proposed development of the Subject Property, the City's costs and expenses related to attorney's fees, professional review, drafting of this Agreement, preparation of the feasibility report, plans and specifications, and any other expenses undertaken in reliance upon Developer's various represent:'ltions shall be paid by Developer within thirty (30) days after receipt of a bilI for such costs from the City. In addition, in the event Developer abandon 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 the Said Plat, or fails to leave the abandoned property in a condition which can be mowed using conventional lawn 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 with permanent vegetation sufficient to prevent continuing soil erosion from Said Plat and to facilitate mowing of Said Plat. In the event that said costs are not paid, the City may specially assess such costs against the lots within Said Plat and/or take necessary legal action to recover such costs, 9 --:- including attorneys fees. Developer knowingly and voluntarily waives all rights to appeal said special assessments under Minnesota Statutes section 429.081. 8. Developer to Pay City's Costs and Expenses. It is understood and agreed that the Developer will reimburse the City for all reasonable administrative. legal, planning, engineering and other professional costs incurred in the creation, administration, enforcement or execution of this Agreement and the approval of Said Plat, as well as all reasonable engineering expenses incurred by the City in designing, approving, installing, and inspecting said Improvements described above. Developer agree to pay all such costs within 30 days of billing by the City. If Developer fails to pay said amounts, then the City may specially assess such costs against the lots within Said Plat. Heuring and Developer knowingly and voluntarily waives all rights to appeal said special assessments under Minnesota Statutes section 429.081. Developer has the right to request time sheets or work records to verify said billing prior to payment. 9. Erosion and Siltation Control. Before any grading is started on any site, all erosion control measures as shown on the approved erosion control plan shall be strictly complied with as set forth in the attached Exhibit D. Developer shall also install all erosion control measures deemed necessary by the City Engineer should the erosion control plan prove inadequate in any respect. 10. Drainal!e Reqniremenls. Developer shall comply with all requirements set fortb for drainage into any county ditch or other ditch through which water from Subject Property may drain, and shall make any necessary improvements or go through any necessary procedures to ensure compliance with any federal, state, county or city drainage requirements, all at Developer's sole expense. 11. Maintain Public Pro e Construction. Developer agrees to assume full [mandaI responsibility for any damage which may occur to public property including but not limited to streets, street sub- base, base, bituminous surface, curb, utility system including but not limited to watennain, sanitary sewer or stonn sewer when said damage occurs as a result of the activity which takes place during the development of Said Plat. Developer further agrees to pay all costs required to repair the streets, utility systems and other public property damaged or cluttered with debris when occurring as a direct or indirect resuh of the constrUction that takes place in Said Plat. 10 --.- Developer agrees to clean the streets on a daily basis if required by the City. Developer further agrees that any damage to public property occurring as a result of construction 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 ifnot deemed to be an emergency by the City. If Developer fails to so clean the streets or repair or maintain said public property, the City may undertake making or causing it to be cleaned up, repaired or maintained. When the City undertakes such activity, Developer shall reimburse the City for all of its expenses within thirty (30) days of its billing to the Developer. If Developer fails to pay said bill within thirty (30) days, then the City may specially assess such costs against the lots within Said Plat and/or take necessary legal action to recover such costs and the Developer agrees that the City shall be entitled to attorneys fees incurred by the City as a result of such legal action. Developer knowingly and voluntarily waives all rights to appeal said special assessments under MiIll1esota Statutes section 429.081. 12. TemDorarv Easement Ri!!hts. Developer shall provide access to the Subject Property at all reasonable times to the City or its representatives for purposes of inspection or to accomplish any necessary work pursuant to this Agreement. 13. Miscellaneous. A. Developer agrees that all construction items required under this Agreement are items for which Developer is responsible for completing and all work shall be done at Developer's expense. B. If any portion, section, subsection, sentence, clause, paragraph or 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. C. If building permits are issued prior to the completion and acceptance of public improvements, the Developer assumes all liability and the costs resulting in delays in completion of public improvements and damage to public improvements caused by the City, Developer, its contractors, subcontractors, materialmen, employees, agents, or third parties. D. The action or inaction of the City shall not constitute a waiver or amendment to the provisions of this Contract. To be binding, amendments or waivers 11 shall be in writing, signed by the parties and approved by written resolution of the City Council. The City's failure to promptly take legal action to enforce this Contract shall not be a waiver or release. E. This Contract shall run with the land and shall be recorded against the title to the property. F. Developer represents to the City that Said Plat complies with all City, county, state and federal laws and regulations, including but not limited to: subdivision ordinances, zoning ordinances, and environmental regulations. Developer agrees to obtain all required federal, state and local permits. If the City determines that Said Plat does not comply, the City may, at its option, refuse to allow construction or development work in the plat until Developer so complies. Upon the City's demand, the Developer shall cease work until there is compliance. G. Prior to the execution of this Agreement and prior to the start of any construction on the Subject Property, the Developer shall provide the City with evidence of good and marketable title to Lots 1-15, Block 1, Lots 1-13, Block 2 and Outlot A of the Subject Property. Evidence of good and marketable title shall consist of a Title Insurance Policy or Commitment from a national title insurance company, or an abstract of title updated by an abstract company registered under the laws of the State of Minnesota. H. Developer shall comply with all water, ponding and wetland related restrictions, if any, required by the City of Albertville, Wright County Soil and Water District and/or any applicable provisions of State and Federal law. 1. Developer shall not place any structure at an elevation such that the lowest grade opening is less than two feet above the highest known surface water level or ordinary high water level or less than one foot above the lOO-year flood level of any adjacent water body or wetland. If sufficient data on high water levels is not available, the elevation of the line of permanent aquatic vegetation shall be used as the estimated high water elevation. When fill is required to meet this elevation, the fill shall be allowed to stabilize and construction shall not begin until the property has been approved by the Building Inspector or a professional soils engineer. 14. Violation of Agreement. 12 A. Except as otherwise provided in this Agreement, upon any default by Developer, its successors or assigns, of any of the covenants and agreements herein contained, the City shall give the Developer thirty (30) days mailed notice thereof (via certified mail), and if such default is not cured within said thirty (30) day period, the City is hereby granted the right and the privilege to declare any deficiencies governed by this Agreement due and payable to the City in full. The thirty (30) day notice period shall be deemed to run from the date of deposit in the United States Mail. Upon failure to cure by the Developer, the City may thence immediately and without notice or consent of the Developer complete the Developer's obligations under this Agreement, and specially assess the costs thereof against the lots within Said Plat, bring legal action against the Developer to collect any sums due to the City pursuant to this Agreement, plus all costs and attorney's fees incurred in enforcing this agreement, draw on the Surety provided herein, or pursue any combination of the above remedies as well as any other remedy available to the City in law or equity. Developer knowingly and voluntarily waives all statutory rights to appeal said special assessment under Minnesota Statutes section 429.081. B. Notwithstanding the 30-day notice period provided for in paragraph 14A above, in the event that a default by the Developer will reasonably result in irreparable harm to the environment or to public property, 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 otherwise mitigate such irreparable harm or safety hazard, provided that the City makes good-faith, reasonable efforts to notify the Developer 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 14A of this section shall not apply to any acts or rights of the City under the preceding paragraph, and no notice need be given to the Developer as a condition precedent to the City declaring a default or drawing upon the expiring irrevocable letter of credit as therein authorized. The City may elect to give notice to the 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. 15. Dedications to the CitY.-. 13 A. Municipal Improvement Dedications: Developer, upon presentation to the City of evidence of good and marketable title to Lots 1-15, Block 1, Lots 1-13, Block 2 and Outlot A of the Subject Property, and upon completion of all construction work and certification of completion by the City Engineer, shall make the following dedications to the City: 1. Developer shall dedicate drainage easements to the City over, under and across all drainage ponds located in Said Plat. 2. Developer shall dedicate to the City all sidewalks, roads, road and trail right-of-ways, curbs, gutters, sewers and water mains and utility easements located within Said Plat except that Lots 1-13, Block 2 of Said Plat, located west of the access point onto County Road 18 shall be served by a private street which shall be maintained by the Homeowner's Association in perpetuity. Prior to the City's acceptance of said dedications, Developer shall provide to the City "As-Builts" of all sewers, water mains, and roads. Acceptance by City of any dedication shall occur upon passage of a resolution to such effect by the City Council. B. Park Dedication Fees: Developer acknowledges and agrees that in order to satisfy the City's park dedication requirements for the numbered lots in Said Plat, Developer shall pay the City a cash payment totaling $132,500 ($2,500 per lot times 53 lots). Said park dedication fees shall be paid prior to the release of Said Plat by the City. 16. Phased Development. If the plat is a phase of a multi-phased preliminary plat, the City may refuse to approve final plats of subsequent phases until public improvements for all prior phases have been satisfactorily completed. Development of subsequent phases may not proceed until Development Contracts for such phases are approved by the City. Approval of this phase of the Development shall not be construed as approval of future phases nor shall approval of this phase bind the City to approve future Development phases. All future Development phases shall be governed by the City's Comprehensive Plan, Zoning ordinance, Subdivision ordinance, and other ordinances in effect at the time such future Development phases are approved by the City. 17. Indemnity. Developer shall hold the City and its officers and employees harmless from claims made by Developer or third parties for damages sustained or costs incurred resulting from Said Plat approval and development. Developer sha1l indemnify the City and its officers and employees for all costs, damages or expenses 14 which the City may payor incur in consequence of such claims, including attorney's fees. Third parties shall have no recourse against the City under this contract. 18. Assi2nment of Contract. The obligations of Developer under this Contract cannot be assigned without the express written consent of the City Council through Council resolution. 19. Limited Approval. Approval of this Agreement by the City Council and issuance of the Conditional Use Pennit which is the subject of this Agreement in no way constitutes approval of anything other than that which is explicitly specified in this Agreement. 20. SanitarY Sewer and Water Trunk Line Fees. prior to the City releasing Said Plat, Developer agrees to pay a trunk sewer charge in the amount of $47,180.00, representing $1,400 per acre of Said Plat multiplied by 33.7 acres contained in that portion of Said Plat owned by Developer. In addition, prior to release of Said Plat, Developer agrees to pay a trunk water charge in the amount of $40,440.00 representing $1,200 per acre of Said Plat multiplied by 33.7 acres contained in that portion of Said Plat owned by Developer. Developer agrees to pay said amounts prior to the City's release of Said Plat. 21. Professional Fees. 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 incurred by the City in attempting to enforce the terms of this Agreement. The Developer will also pay all reasonable attorney's and professional fees incurred by the City in the event an action is brought upon a letter of credit or other surety furnished by the Developer as provided herein. 22. Plans Attached as Exhibits. All plans attached to this Agreement as Exhibits 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. 23. lnte ration Clause Modification b Written A reement Onl . 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. Modification of this Agreement may occur only if in writing and signed by a duly authorized agent of both parties. 15 24. Notification Information. Any notices to the parties herein shall be in writing, delivered by hand (to the City Clerk for the City) or registered mail addressed as follows to the following parties: City of Albertville c/o City Clerk P.O. Box 9 Albertville,!v1N 55301 Telephone: (763) 497.3384 Gold Key Development, Inc. 4700 County Road 19 Medina, !v1N 55357 Attention: Dean R. Johnson Telephone: (763) 420-4044 25. At!reement Effect. This Agreement shall run with the land and be binding upon and extend to the representatives, heirs, successors and assigns of the parties hereto. CITY OF ALBERTVILLE, ~~b' --~ By .J~ .' f ~--J Its Mayor By &~cl~ \~Q~.," Its Clerk \J GOLD KEY DEVELOP1ffiNT, INC., j)~ \2- -l.~\..~ By Dean R. Johnson Its -Pres16ent S" c.c:-~'"-" -\-c..q' STATE OF WNNESOTA ) ) ss. coUNTY OF WRlGHT ) .-r-- .., t,,~ The foregoing instrument was acknowledged before me this "', · I day of 19 ~1 t'\ l;'; . ( J 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. . 16 -. .- ~~~ ~tm11>ubliC STATE OF MINNESOTA) ) 55. COUNTY OF WRIGHT ) DAVID WENDORF NOTARY PUBLIC-MINNESOTA My Commission Exlliles Jan. 31. 2005 The foregoing instrument was acknowledged before me this S- T t- '/ day of ,)1< c- ~f '1 , 2004, by Bridget Miller, 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. .,~---) -".-- <;2'~- Notary Public STATE OF MINNESOTA ) ) ss. COUNTY OF WRIGHT ) The foregoing instrument was acknowledged before me this Ie, \l day of "5 u>- \ 'I ' 2004, by Dean R. Johnson, as PtesidOftl of Gold Key Development, rnc.. ~)/ . \ \!~ airY Pu lie DRAFTED BY: Couri, MacArthur & Ruppe, P .L.L.P. P.O. Box 369 705 Central Avenue East St. Michael, MN 55376 (763) 497-1930 . ~....../' ../' ..ftN'<'JI/VVVVVI/Vv<NI""^. I~' JOHN H. BRENNAN , L'/, .!!' NOTARY P\.I8lJC-MINNESOTA ~tr I.f'I C()I.lMISSIOH EXP1f\ES 1-31-2llO5 aw...,. ..NJjJ ..(j._.y.........,'^".......N~. 17 r I I \ \ i I ~ ! , I ~ I I 'U \ .... I It , \ .... ~ I Q. 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