2000-09-29 Development Agreement
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CITY OF ALBERTVILLE DEVELOPER'S AGREEMENT
Psyks Eighth Addition
THIS AGREEMENT, entered into this '2 rl/. day of September, 2000 by and
between Douglas P. Psyk and Beatrice E. Psyk and Psyk Development Corporation,
collectively referred to herein as "Developer"; and the CITY OF ALBERTVILLE, County
of Wright, State of Minnesota, 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 subdivision,
which is the subject of this Agreement, is intended to bear the name "Psyks Eighth
Addition" and shall hereinafter be referred to in its entirety as "Said Plat" or "Subject
Property"; and
WHEREAS, Developer intends to subdivide 5.99 gross acres into sixteen (16)
single family lots; and
WHEREAS, the City has given preliminary approval of Developer's plat of Psyk
Eighth Addition 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 bituminous street and trail( s), curb and gutter, grading, sanitary sewer, water,
storm sewer and drainage ponds (hereafter "Municipal Improvements") be installed to serve
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the Subject Property and other properties affected by the development of Developer's land,
to be installed and financed 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 boulevards, top
soil and sod, grading control per lot, bituminous or concrete driveways, parking lot,
drainage swales, berming, street 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:
1. Construction of Municipal Improvements.
A. The Developer shall construct those Municipal Improvements located on and
off the Said Plat as detailed in the Plans and Specifications for Psyk Eighth
Additiol\ dated October 13th, 1998 as prepared by Meyer-Rohlil\ Inc. and on
file with the City Clerk, said improvements to include installation of
bituminous street, curb and gutter, water mains, sanitary and storm sewers,
storm water ponding, site grading and a four foot wide concrete sidewalk in
the right-of-way of 53rd street (north side of right-of-way). All such
improvements shall be constructed according to the standards adopted by the
City, along with all items required by the City Engineer. Unless the City
Engineer specifies a later date, said improvements shall be installed by
October 31, 2000.
B. The Developer warrants to the City for a period of two years from the date the
City accepts the fmished Municipal Improvements that all such improvements
have been constructed to City standards and shall suffer no significant
impairments, either to the structure or to the surface or other usable areas due
to improper constructiOl\ said warranty to apply both to poor materials and
faulty workmanship.
C. Developer shall provide the City with lien waivers from all contractors and
subcontractors engaged to construct said improvements on Said Plat. Should
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Developer fail to provide the City with all applicable lien waivers, the City
reserves the right to draw upon Developer's surety and pay any contractors
who performed work on any Municipal Improvements and whom Developer
has failed to fully pay for the performance of said work.
D. The City shall, at its option, have the City Engineer present on Said Plat for
inspection purposes at all times (or 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.
2. Construction of On- and Off-Site Improvements.
A. Developer shall construct all on- and off-site improvements including
installation of boulevards, 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, berming, and like items as necessary, street
cleanup during project development, and erosion control, all as required by
City ordinance. Front and side yards shall be sodded. Backyards may be
seeded or sodded. In all cases permanent 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 31,2002,
with the exception of erosion control, drainage swales and berming, 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 all lots and in compliance with all applicable state and
local regulations:
1. Electrical power supply, to be provided by Northern States Power or
other such carrier;
ll. Natural gas supply, to be provided by Minnegasco or other such
carner;
ill. Telephone service, to be provided by SprintlUnited Telephone
Company or other such carrier;
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IV. Cable TV service, to be provided by a local carrier;
In addition, the Developer shall, at its own expense, cause street lights and
street signs to be of such type and to be installed at such locations as required
by the City Engineer and in conformance with the Manual on Uniform Traffic
Control Devices.
C. Developer has submitted a utility plan for Said Plat showing all existing and
proposed utility lines and easements, attached and incorporated herein as
Exhibit B. Developer agrees to have all utilities installed according to this
Exhibit B.
D. 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.
E. Notwithstanding the requirements of subparagraph 2A above, the Developer
shall install to the City's satisfaction improvements for each lot or parcel
within sixty (60) days of the date that a certificate of occupancy (temporary or
permanent) 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 said improvements shall be so completed by the
following June 15th.
F. 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 C. Said ponds and basins shall be dedicated to the City,
and Developer shall provide the City with perpetual drainage easements over
such ponds. Said retention ponds and basins shall be installed prior to the
installation of utilities.
3. Intended Use of Subdivision Lots. It is the Developer's and City's intent that single-
family detached dwelling units be constructed on the lots in Said Plat (one unit on each
lot). Developer agrees that it shall not construct any units other than said single-family
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detached dwelling units on the land in Said Plat.
4. Surety Requirements.
A. 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 $9,600.00 representing 50% of the estimated
cost of the On- and Off-site Improvements. Said letter of credit or surety
must meet the approval of the City attorney as to form 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, Municipal 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 Developer 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 amount to payor
reimburse the City in total as required herein, the Developer agrees that upon
being billed by the City, 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.
D. Developer hereby agrees to allow the City to specially assess Developer's
property for any and all 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 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 Developer's property for said costs,
Developer agrees not to contest or appeal such assessment and waives all
statutory rights of appeal under Minnesota Statutes, including Minnesota
Statute 429.081.
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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.
5. Surety Release.
A. Periodically, as payments are made by the Developer for the completion of
portions of the Municipal Improvements and/or on- and off-site
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 and on- and off-site 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.
B. The 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 or the on- and
off-site 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 that the City shall retain the letter of
credit or surety in the amount of 10% of the estimated construction
price of the Municipal Improvements during the frrst year of the
warranty period and 5% of the estimated construction price of the
Municipal Improvements during the second year of the warranty
period.
m. As to all requests brought under this paragraph, the City Council shall
have complete discretion whether to reduce or not to reduce said letter
of credit or surety.
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.
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6. Abandonment of Project - Costs and Expenses. 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 assertions shall be paid by said
Developer within thirty (30) days after receipt of a bill for such costs from the City. In
addition, in the event the Developer abandons 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 withdraw
funds from the above-mentioned surety for the purpose of paying the costs referred to in
this paragraph.
7. 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 agrees to pay
all such costs within 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/or
assess the amount owed against any 'or all of the Said Plat without objection. Developer
has the right to request time sheets or work records to verify said billing prior to
payment.
8. Erosion and Siltation Control. Before any grading is started on any site, all erosion
control measures as shown on the approved.Grading, Drainage and Erosion Control Plan
shall be strictly complied with as set forth in the attached Exhibit C. Developer shall
also install all erosion control measures deemed necessary by the City Engineer should
the erosion control plan prove inadequate in any respect.
9. Ditch Cleaning. Developer shall comply with all requirements set forth 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
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procedures to ensure compliance with any federal, state, county or city requirements, all
at Developer's expense.
10. Maintain Public Property Damaged or Cluttered During Construction.
Developer agrees to assume full financial 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 watermain,
sanitaty sewer or storm sewer when said damage occurs as a result of the activity
which takes place during the development of Said Plat. The 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
result of the construction that takes place in Said Plat.
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 if not 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 immediately undertake making or causing it to be cleaned up, repaired
or maintained. When the City 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 thirty (30) days, then the
City may specially assess such costs against the lots within Said Plat and/or take
necessaty 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 Minnesota Statutes section 429.081.
11. Temporary Easement Rights. 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 necessaty work pursuant to this Agreement.
12. Miscellaneous.
A. Developer agrees that all construction items required under this Agreement
are items for which Developer is responsible for completing and all work
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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. Ifbuilding 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
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. After the Developer has completed all work and obligations
required of it under this Contract (including the expiration of the warranty
period), at the Developer's request, the City will execute and deliver to the
Developer a release of its obligations under this Agreement.
F. The 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 orditiances, and environmental regulations. 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 the
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, Developer shall provide the City with
evidence of good and marketable title to all of 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.
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H. Developer shall comply with all water, ponding 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
law.
I. The Albertville City Council reserves the right to allocate wastewater
treatment capacity in a manner it finds to be in the best interests of the public
health, safety and welfare. Developer acknowledges and agrees that the City
is currently in the process of expanding its wastewater treatment plant
capacity. Developer further acknowledges and agrees that delay in the
availability of wastewater treatment plant capacity may occur for some lots
located within Said Plat and that such delay in capacity availability may also
delay the issuance of building permits for some lots within Said Plat.
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 1 DO-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.
13. Draw on Expiring Letter of Credit. In the event a surety referred to herein is in the
form 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
completed, 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 expiring letter of credit. If a new letter of credit is not received as
required above, the City may 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 $e continued obligation. The form of said irrevocable letter of
credit must be approved by the City Attorney prior to its issuance.
14. Violation of Agreement.
A. In the case of default by the Developer, its successors or assigns, of any of the
covenants and agreements herein contained, the City shall give Developer
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thirty (30) days mailed notice thereof via certified mail (1inless specific
remedial City action is permitted in a shorter time under other provisions of
this agreement), 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 Developer, the City
may thence immediately and without notice or consent of the Developer use
all of the deposited cash, irrevocable letter of credit or other surety funds to
complete the Developer's obligations under this Agreement, and to 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.
B. Paragraph 14A of this section shall not apply to any acts or rights of the City
under the preceding paragraph 13 above, 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 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.
C. Breach of any of the terms of this Contract by the Developer shall be grounds
for denial of building permits.
15. Dedications to the City.
A. Municipal Improvement Dedications.
The Developer, upon presentation to the City of evidence of good and
marketable title to Subject Property, and upon completion of all construction
work and certification of completion by the City Engineer, shall dedicate all
roads, road and trail right-of-ways, curbs, gutters, ponds, sewers and water
mains to the City. Upon acceptance of dedication, 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.
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B. Park Dedications
Developer acknowledges and agrees that in order to satisfy the City's park
dedication requirements for Said Plat, Developer shall pay the City a cash
payment totaling $20,800 (16 lots x $1,300.00 per lot), less a credit for the
cost of the installation of the sidewalk identified in paragraph I.A. above
(said credit shall be granted provided the City Engineer approves the cost of
the sidewalk prior to its installation). 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 ofa 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 and third parties for damages sustained or costs incurred
resulting from Said Plat approval and development. The Developer shall indemnify the
City and its officers and employees for all costs, damages or expenses 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. Assignment of Contract. The obligations of the 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 Permit whicll is the subject of this agreement in no way constitutes
approval of anything other than that which is explicitly specified in this Agrt;ement.
20. 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 incurred by
the City in attempting to enforce the terms of this Agreement. The Developer will also pay
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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.
21. 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.
. 22. Integration Clause, Modification by Written Agreement 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.
Modification of this Agreement may occur only if in writing and. signed by a duly
authorized agent of both parties.
23. 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,~ 55301
Telephone: (763) 497-3384
Doug P. Psyk and Beatrice E. Psyk
P.O. Box 195
Albertville, ~ 55301
Telephone: (763) 497-2753
24. Agreement Effect. This Agreement shall be binding upon and extend to the
representatives, heirs, successors and assigns of the parties hereto.
CITYOF~4a~
ayor.
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, ci'
By /J.u
Its Clerk
L
,
PSYK DEVELOP~ORPORATIO~
By . ~jJ~
DOUgla , Psyk
Its President
Do glas . Psyk
4~~~
Beatrice E--Psyk .
STATE OF MINNESOTA)
) ss.
COUNTY OF WRIGHT )
The foregoing instrument was acknowledged before me this 2 g tt day of
September, 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.
9UJ Cb
Notary Public
G MICHAEL C, CQURI
~I NOTARY PUBLIC - MINNESOTA
. .'JfJ My Comm, Exp. Jan. 31, 2005
STATE OF MINNESOTA )
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\ ,
.
) ss.
COUNTY OF WRIGHT )
The foregoing instrument was acknowledged before me this 2r~ day of
September, 2000, by Linda Goeb, as Clerk of the City of Albertville, a Minnesota municipal
corporation, on behalf of the city and pursuan~t~ the City Council.
Notary Public
STATE OF MINNESOTA) (i) MICHAEL C. CQURI
) ss. ~ NOTARY PUBLIC - MINNESOTA
__ My Comm. Exp. Jan. 31, 2005
COUNTY OF WRIGHT )
The foregoing instrument was acknowledged before me this (;t/ day of
September, 2000, by Douglas P. Psyk, individually and as president of Psyk Development
Corporation. 9Jki,j C~/
Notary Public
STATE OF MINNESOTA)
) ss. ~ MICHAEL C. CQURI
COUNTY OF WRIGHT ) ~ ~ NOTARY PUBLIC - MINNESOTA
'_ My Comm. Exp. Jan. 31, 2005
The foregoing instrument was acknowledged before me this (fi( day of
September, 2000, by Beatrice E. Psyk. ~/cc....
Notary Public
DRAFTED BY:
Couri and MacArthur Law Office ti) MICHAEL C. CQURI
P.O. Box 369 ~ NOTARY PUBLIC.- MINNESOTA
.-" My Comm. Exp. Jan. 31, 2005
705 Central A venue East
St. Michael, MN 55376
(612)497-1930
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EXHffiIT A TO DEVELOPER'S AGREEMENT
The legal description of the property to which this Developer's Agreement applies is
as follows:
Lots 1-6, Block 1, and Lots 1-10, Block 2, Psyks Eighth Addition, City of
Albertville, Wright COWlty, Minnesota.
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