1996-08-13 Memorandum of Development Agreement
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KEMORUDUK 01' DEVELOPER'S AGRBEHD1'P
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This MEMORANDUM OF LEASE is made as of the /c;{. . day of
August, 1996, between Kenco Construction, Inc. ("Developer") and
the City of Albertville ("City").
WXTnSSBTB:
WHEREAS, Developer and City have entered into a Developer's
Agreement of even date herewith (hereinafter referred to as the
"Developer's Agreement") applying to that plat known as Parks ide
Third Addition located in the City of Albertville, Wright county,
Minnesota; and Developer and City desire to have a memorandum of
the Developer's Agreement recorded in the real property records of
Wright county, Minnesota.
NOW,. TBBRBI'ORB, Oeveloper and City hereby state the following
for recording:.
1. Developer is developing a parcel of property wi thin the City,
said parcel l~gally described on the attached ExhibitA.
2. Said parcel described on the attached Exhibit A is subject to
the terms of the Developer's Agreement as well as any
amendments thereto duly adopted by the city and Developer from
time to time, and all of the terms and conditions of said
Developer's Agreement are hereby incorporated by reference.
Said Developer's Agreement is on file with the Clerk of the
ci ty and . is available for inspection and copying at said
Clerk's office.
3. The Developer's Agreement governs the subdivision, development
and use of the real property described on the attached Exhibit
A.
4. The ... covenants , conditions and agreements contained in the
Developer's Agreement shall be binding upon and inure to the
benef it of the parties respective heirs, administrators,
executors, representatives, successors and assigns.
5. This Memorandum of Developer's Aqreement is solely for
recording purposes and shall not be construed to alter, modify
or supplement the Developer's Agreement.
CITY OF ALBERTVILLE,
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INC.
STATE OF MINNESOTA )
) SSe
COUNTY OF WRIGHT )
Th~ fore. going. ~ trumen t was aCknOWledg.ed b ef or.e me this
cf2t, dayof. Lj ~. , 1996, by. Michael Potter as
Mayor of. the City 0 . Albertville, a Minnesota municipal
corporation, on behalf of the city and pursuant to the authority of
the city council.
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Not PublJ.c
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STATE OF MINNESOTA )
) SSe
COUNTY OF WRIGHT )
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I ~':~ JUDITH A, MAUE s
'(ft.~'n NOTARVPU. BlIC.MINNESOTA ,
,~..P!j3> HENNEPIN COUNTY .
, '..::~::.:....' My Comm. Expires Jan. 31, 2000 f
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The t:r. foregoing ent was acknowledged before me this
d-6 . day of , 1996, by Linda Houghton, as
Clerk of the City of bertvJ.lle, a Minnesota municipal
corporation, on behalf of the city and pursuant to the authority of
the City Council.
STATE OF MINNESOTA )
) SSe
COUNTY OF WRIGHT )
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I '.-:;:i':.' JUDITH. A. MAUE ~ i
,~......~\ NOTARY PUBLIC-MINNESOTA !!
; \~~~~) HENNEP~N COUNTY fi
.. ......;..:..... My Comm. ExpIres Jan. 31. 2000 ii
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/~~for~~i~? . (l~~ . was a~~~~~~;atc::~~s. ::er ~~:
presWent ~~;~ct10~~iG!.
MyComnt.Elcp.Jan.81.2000 Notary PublJ.c
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ThisIJocument prepared by:
Radzwill & Couri
P.O. Box 369
St. Michael, MN 55376 IWCR
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BDIBIT A TO JODIORU1D1JIl 01' DBVBLO>>BR'S AGRB1IIOD1T
The Real Property subject to the Developer's Agreement is legally
described as follows (prior to platting):
The NQrtheast Quarter of section 2, Township 120, Range
24, wright County, Minnesota,' except therefrom the north
35.00 acres and the south 30.00 acres of said Northeast
Quarter.
The Real Property subject to the Developer's Agreement is. legally
described as follows (after the filinqof the Parks ide Third
Addit.ion Plat):
Lots 1 through 5, block 1
LOts 1 throuqh 5, block 2
LOts 1 and 2, block 3
Lots 1 through 6, block 4
Lots 1 through 4, block 5
LOt 1, block 6
Lots 1 through 25, block 7
Lots 1 through 25, block 8
Lots 1 through 17, block 9
Lots 1 throuqh 9, block 10
Outlots A, B, C,D, E, F, G, H, and I
All said lots in Parks ide Third Addition, city of Albertville,
County of Wright, Minnesota.
605210
!)ff~E Of CUlmT Y RfC'liW, I
WHIP!!, r COUN f Y. MI~Nts6.rA
f\r,<pFltO TO Bf FiLFD
u/on Rf,CORDfD 0\;
96 OCT 2 I AM 9: 06
MARCIA lANTTO.CO.RECORDER
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