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A-526313 1993-04-02 Developer's AgreementI 1 r } � r, , f - .• I�� i t 1 4 I a i t FJ r , , .}61 litSIIiFrgi gel ♦ti �{�y9IC rat Fs f �� '>,� 1� PI � 4� 4�• l(!1 Y 4� �( 1 Jl t �I .. s;�i rF'IS ll�i"1{tl itit '';' 7 la:lrl'. d f ` • it .. § 1` ' ! � i 1 3 , r : fNW 1� w-fa r�f�Tr J�'��t''� 1i 14i ���r }fs� N -�•�. l Pi f ir�a M ear "t�yj i'.'d 1,� �a•w...u�.+.L.4 '4s.a:..W�'44i .,.- ti..�.T',"� r*.�!s.,al�ne.�,.( ,Ia.t C., e..(f�'.i+a �'�'_����•^!n�*�tlti DEVELOPERrS AGREEMENT Westwind Third Addition THIS AGREEMENT, entered into this /2nd day °U April, 1993 pP by and between John Weicht, Paul V nc� andooS0reer Development Partnership, collectively referred to herein as "Developer"; John George, Inc"Mortgagee ("Mortgagee"); and the CITY OF ALBERTVILLE, County of Wright, state of Minnesota, hereinafter referred to as "city $I; WITHESSETH: WHEREAS, Developer is the fee owner and developer of a parcel or parcels of land described in Exhibit "A", attached hereto and incorporated herein by reference, a portion of which parcels of land are proposed to be subdivided and platted ;or development, and which subdivision, which is the subject of this agreement, is intended to bear the name "Westwind Third Addition" and may sometimes hereinafter be referred to as the "Subject Property" or "Said Plat"; and WHEREAS, the Developer proposes to construct two seventy-five unit apartment buildings upon the Subject Property; and WHEREAS, the City has given preliminary approval of Developerfs plat of Westwind Third 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, sanitary sewer, water and storm sewer be installed to serve the Subject Property and other properties affected by the development of Developers land, to be financed by the Developer or through assessments levied upon the Subject Property under chapter 429 of Minnesota Statutes; and WHEREAS, the city further requires that certain on- and off - site improvements be installed by the Developer within the Subject Property, which improvements consist of sod, trees, and other like landscaping items, bituminous or concrete driveway approaches and parking lot, drainage swales, berming, street signs, parking lot lighting, street cleanup during project development, overflow storm retention pond, and other site -related items, and which improvements to the Subject Property shall be referred to herein as "Escrow 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 agreements of the parties concerning the development of the Subject Property; 1 4 �M�i�t4 � �. >, } C ! �•r act. ,t*r �H Ic 3W7{I'JIs"�Yit{frl�'�eE «�iz,,�t�`�117trr i�tpas+, Li1.'3. ry4ti�+a���. I� *},�IrI {,.".. �+>4� � .'ir.,'�hf.. 3..}�tlbrs4 }��'�_iix rh`��i����7�sli�✓a'�;4,.3,�I f wT I i4i{ y V 1y xl }i�'t. 14 -i -4 t �.�y C r + I' I e . +. !•i r. x-' �, 'I lY r.S . NOW, THEREFORE, IT 18 HEREBY AND HEREIN MUTUALLY AGREED, in consideration of each party's promises and considerations herein set forth, as follows: 1. Letition for Improvements, Developer herein petitions the City to construct those improvements (hereinafter referred to as "Petition Items") set forth in the Petition attached as Exhibit "Boat and as detailed in the Feasibility Study for westwind Third Addition, as prepared by Meyer-Rohlin, Inc., and dated December 1991, attached hereto and marked Exhibit "C", including all street and drainage grading. 2• WnivOr. Developer waives all right to a public hearing and other statutory rights granted to a property owner under Chapter 429 of Minnesota Statutes as the said rights therein granted relate to Petition Items as described in Exhibits "B" and "C", 3. Letit. Jon -Items, A. The city may construct, at its discretion, all or a portion of the Petition Items as shown on Exhibit lien pursuant to its regular methods of making public improvements. The Developer agrees that special assessments for said improvements may be levied by the City* without Developerrs objection, after construction is commenced. Thereafter, the expense incurred or to be incurred in making the improvement shall be calculated under the direction of the Council. The Developer further agrees that the City may recover its costs and expenses related to the development of Westwind Third Addition (as set out in paragraph nine below) as well as the costs of the construction, of petition items, including legal, planning, fiscal, bonding, administrative, engineering and other professional fees relating to We3twind Third Addition, by levy of said special assessments to be payable in equal principal installments together with interest thereon from the date of the resolution levying the assessment as determined by the City over a period of not more than twelve (12) years. B. Prior to the advertisement for bids by the City for the construction of Petition Items, 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 2 �Gr M Wc­" r ? Jy I v���f- r- S ♦' a{ R Ski I t 1'i•`. � 1 � � 5 1a' + t f t` 5 S � •+1 1: :I t Cfjyh t 4t i t oi , 1 c a 1 i { R A I } (ti y7 i 4. S. I i.•b :�t abstract of title updated by an abstract company registered under the laws of the State of Minnesota. Petition 6 e - sarety, A. The Developer agrees to pay sufficient amounts of special assessments each year, if not already paid in prior years, for properties lying within Said Plat :o enable the city to pay any debt service payments incurred as a result of the development of the subject property and construction of the Petition Items, including and interest, as such a principal payments came due. Any deficiencies in the amount paid by the Developer for special assessments causing a shortage of funds with which the City may timely pay the required debt service payment(s) shall be supplemented with funds withdrawn by the City from the Developer's approved irrevocable letter of credit or other surety furnished to the City. An of said surety or guaranty of funds referred to herein that are withdrawn will be used by the City for Payment of its herein referred debt service payment when due. Upon the Developer paying the delinquent special assessments, the city will repay to the surety, to the extent that the delinquent special assessments have been paid, the surety monies withdrawn, less any costs incurred by the City in conjunction with the said delinquent special assessments. B. The Developer shall provide the City with cash, approved irrevocable letter of credit or other satisfactory surety in the amount of $28,2501 representing twenty-five percent (25%) of the estimated total assessment resulting from the Petition Item improvements. The said twenty- five percent (25%) surety is the guarantee referred to earlier in this section that sufficient revenue is annually produced by the payment of special assessments to enable the City to pay the required debt s:Irvice payment. The City may draw on said surety for cash flow purposes to supplement the Developers payments when Developer is delinquent in the payment of said special assessments or for other purposes as enumerated elsewhere in this agreement. On a -6 v e e A. Developer shall perform all on- and off -site improvements including installation of sod on all unimproved portions of the plat, front -yard trees, berming upon all boundaries of Said Plat bordering single fami,y Uses said berming to consist of raised soil and tree plantings 3 A— QW *d E tie, A:;r�yE r• �Y vl .fit} �Y r�hk`vX'f`a1 ( ,1 � ! T MY "'Sr kv 3v" - e.; j 4. � T �r ;y r . {� { i�-� •' � � substantially similar to that installed in the multifamily lot immediately to the East of Said Plat, grading control, bituminous or approaches -concrete driveway , drainage swales, street•, and site cleanup during project development, erosion control and installation of a storm water retention ond (if not constructed by City), all as detailed in attached Exhibit I'D#' 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, accessible to all lots and in compliance with all applicable state and local regulations: i• Electrical power supply, to be provided by Northern States Power or other such carrier; ii. Natural gas supply, to be provided by Minnegasco or other such carrier; Telephone service, to be provided by United Telephone Company; iv. Cable television service, to be provided by Jones Intercable Company or other such 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 approved by the City Engineer. C. For those improvements listed in Paragraph 5A and 5B above, which improvements to the Subject Property shall be referred to herein as 'Escrow Items", Developer will provide the City with cash, irrevocable letter of credit or other satisfactory surety in the sum of $3,750 which represents 25* of the estimated cost of the installation and completion of Escrow Items. The said surety shall be a guaranty to the City that the construction and completion of the Escrow Items by the Developer, to the City's satisfaction, will be completed on or before June 30, 1994. If not so completed, the Developer hereby authorizes the City to enter upon Said Plat and complete said improvements using funds withdrawn from the surety required by this paragraph. D• That portion of said cash, irrevocable letter of credit or other surety with respect to the and off -site improvements shall brf ereleased�"upon 4 M 6. certification of the City Engineer and approval of the City Council that such items are satisfactorily completed pursuant to this Agreement. Periodically,as aents are made by the Developer for the completon of portions of the items described under "Escrow Items,11 and when it is reasonably prudent, the Developer may request of the City that the surety be reduced for that portion of the Escrow Items which have been fully completed and payment made therefor. The Cityls 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. flurety Release. A• The developer may request of the City a reduction or release of any surety provided for in conjunction with the Petition Items (described in Exhibits B and C) and on- and off -site improvements (listed in paragraph five above) as follows: -. B. i. When another acceptable surety is furnished to the City to replace a prior surety. ii. When the final cost amount minus previous becomes less than the surety payments allowing the surety 'to be reducedvito a tsum commensurate with the remaining amount of the project. No reduction shall be made which would result in the surety held being less than thirty-five percent (35%) of the original surety until the final costs are known. iv. The Developer may petition the City Council for a reduction or release of that portion of the surety attributable to the Petition items at such time as both 75-unit apartment buildings are constructed and both are leased at a minimum occupancy rate of eighty-five percent (85%). The city Council may consider such a request, but the Council shall have the right to deny such request in the exercise of its discretion. The City,,s cost for processing reduction requests) 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. LMy� �[t4�r t hl t 11L i• y Sl l k�l� 1 1 r r "i LLf • t i f r .l.ru 7•Surety Deficiency*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 pay or 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. All monies deposited with the City shall be used by the City at the City's discretion to defray the City's costs and expenses, related to the project(s) referred to herein. 8 • ct °MO ahl -Expenoon, In the event Developer should abandon the proposed development of the Y j Property, perty, the City s costs and expenses related to r planner's fees, attorneys fees, professional review, drafting V 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 art, ceases substantial field work for more than nine (9) months, or fails to provide sufficient ground -cover to prevent continuing soil erosion from the Plat, 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 the Platted properties. In the event that said costs are not paid, the City may withdraw funds from any of the above -mentioned escrow funds for the purpose of paying the S costs referred to in this paragraph. i f g'By cluil-s2stIt is understood and agreed that the Developer will reimburse the City for all administrative, legal, and professional costs incurred in the creation, administration, enforcement or execution of this Agreement, and that these costs shall be added to the costs of construction of petition items and assessed against the Subject Property according to the terms of paragraph three above. 6 rs�a� iTM,!iF r y vsifly�" 'tfg is' r1{rlLy ''-,: k�eh{2}}�}ft'�e�,�;�r,�{ �`S•ti Y .Js C}iF�rd� � i �Z'F �.+'��sj��',�'�"��J�'�� • t } Y,z ` ;,�1 x 3Y ti., i a Fr + s, s �'• 1 --s - i s� t s4 Y rf r t 4� ?'r}A t� Y ° s s f 1 E.. �zr 's✓ Y'v, i 1 1 r 'r '_ t' � J� ryi �'F�ii it r ifs ,;il'.l`i 1 f_��y�fl 7t rr �� r1dY rar4s r�� t Y J r ti1r_i c f a -'ia sr ,, 9r 1�� off, fie l t'} I � f 4� F 4 V j�� ti 1 1 } f F) S 1� �•�,:*},i �'r �Ii�'��h� !r �� i � .r I 1 � y • r b /11 Y, (� ilk ff / x1 ��.�i4} JSSI j. 1!i/�yl YT. '4 a���Y�'t�sAkfyf s�. h.,F _. `f+�ir s�.. Zr � + r t iz Y 1:.; i � r.•�F �f �l';r.�i }ff�� ay���;-�'is a� sT-, 7,,,j ��'€jjj �i�i�yf�;��l� " r1 r• - 1' OFMy. H `I r J >f jVr � z "f } f T f s 5 � F iF i f �;r r� y .r,,•�{ Y:. tz.,rs;S r . ,,, i�: }:{� i, "yr ,F,r ` { s. / C+J,'si •' -; 's r -.{. .},�J�rr�7 g.{' i i(r 10.ErRsion and Siltation Co 0 A. Finan_cial Ggrantee Before any grading is started on any site, allerosioncontrol measures as shown on the approved erosion control plan shall be installed.- In addition, a financial guarantee shall be provided to the City to insure compliance during construction. The financial guarantee for this purpose shall be the same surety as described in paragraph five above. No portion of this surety shall be returned until all disturbed areas have permanent vegetation re-established. B. All erosion control measures recommended by the City Engineer shall be strictly complied with as set forth in Exhibit "D", which is hereto attached and herein incorporated by reference. C. Developer shall cause to be constructed upon the Westerly portion of said Plat a detention pond for run off of storm waters from the developed plat. Said pond shall conform with all requirements set forth by the City as shown in Exhibit "E", attached hereto and herein - incorporated by reference. Developer shall c+amply with all requirements concerning length of time of water retention, design of the pond and location and size of outlets, all as specified by the city Engineer. Developer shall so contour the land such that the pond stores storm water prior to its drainage into the ditch adjacent to County Road 37. said pond shall not be dedicated to the City, and Developer or his successor in title to Said Plat agree to maintain the pond in good repair. 11. c One a ruck on, 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), sanitary 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 and/or .utility systems damaged or cluttered with debris when occurring as a direct or indirect result of the construction that takes place in Said Plat. In the event the Developer fails to clean up, maintain or repair. the damaged public property mentioned above, the City shall, provide the Developer with a Notice of its intent tn niaA_ 7 c: y,tk! xxtif iS �! SrA�xrTFKhl.y,; Y I�Kry� k r.:ri r3 cSt,� r S.! tz li xX x +I ? S• f}� �` I�ts.a i' r;'yy�,�rYa,��rTi i1li J^�r;rr y .r r i rtrj�J�!: �°� kr�li � I i to W r + 1 1 flrytis. +i .{-t i. - i,-y i- r"j'r4 c:''ti- f!. r r�' ; ^ -'hrfi J. ' 2yil'_f, ♦ `ly 1,1 � � r 4' �s. _ r - + .rtS 1 r. 1' S Yy}r 1{ t 5iu}cu�1b ri1'"i:(+l�N+?iicsr }'!'rM -ykl� hT',�'Srrt�n��y w'�fr�-(1 i -� r1: t �.,�y ��'"'"rr�•'.':)�Y� y .. � repair, or maintain such public property. Developer shall have thirty (30) days from the date of mailing of such notice to effect such clean up, repair or maintenance of said public property to the satisfaction of. the City Council. In the event that Developer fails to so clean up, 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, the Developer shall reimburse the Citl 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, funds sufficient to pay the bill may be withdrawn by the City from either surety described above. 12. Temp", o ar arid a ma ent Usemant Right-13—L 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. Developer agrees to provide the City with any easements, temporary and permanent, as may be necessary to install the Petition Items and, if necessary, the on- and off -- site improvements described above. 13 • Xisaguaneom. Developer agrees that all items listed in this section are items for which it is responsible for completing and all work shall be done at Developer's expense: A. Developer shall comply with all requirements set forth for drainage into any county 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 requirements, all at Developer's expense. B. If any portion, section, subsection, sentence, clause, paragraph or phrase of this contract is for any reason held invalid, 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. 8 t ! I1 IA I `J yr 1 Y'r..'r r J7 t J fy 14 - is V t I�r 5 -- �� rif r T' �� t tl Y I Y r,irl ti jJ r }i ! Y J L J M S t.: •.I 6 ' 4.I• f ; r F j � R1 ��� yr�q�r. f� r• "�.tii><:, dr,�ie,r } a' � I 4 eitg.14.��s .u.tr.,..>✓�.:.'..,L.. .:.r'. r, .k. Ea. ii�?�� �. t�t�4'ry^.'1..��t.'SCt..JN�cwia'.�,L .I,r..,l.. _ .. , To be binding, amendments or waivers shall be in writing, Signed by the parties and approved by written resolution of the City Council. The cityls failure to promptly take legal action to enforce this Contract shall not act as a waiver or release. B. This Contract shall run with the land and may be recorded against the title to the property. F. The Developer shall provide "As-Builts,, of all ponds, water and sewer lines, gas pipelines, electrical, cable and phone installations. G. The parties acknowledge that the City's wastewater treatment plant is near capacity, that the City is currently in the process of expanding its wastewater treatment facility, and that the Minnesota Pollution Control Agency (11MPCA11) will not permit additional hookups to the Albertville sewer system until such time as the City has expanded its wastewater treatment plant capacity. While expansion of the wastewater treatment Plant capacity is expected to be completed in mid -summer Of 1993, Developer and Mortgagee acknowledge that there may be unexpected delays in the completion of said expansion, which in turn may delay hookup of Developer to the City sewer system or may delay permits issued by the MPCA. Developer and Mortgagee agree to hold the City harmless from any loss incurred by Developer, its successors or assigns, or Mortgagee as a result of delays which may occur in the completion of said plant capacity expansion, provided the City acts in good faith in pursuing the completion of said expansion. 14. retor other form of guarantee referred to herein isein thent auform 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 the continued obligation. Such irrevocable letter of credit must contain a provision requiring the issuer of the letter of credit to notify the City within sixty (60) days prior to the expiration Of said irrevocable letter of credit. The form of said irrevocable letter of credit shall be approved by the City 9 �Q tjLy C 3`Jiiiirt}F �If A� rrl� Iltt�'� S I f' �;•i i;t ,��'t -s5 bir' f +,JS i fi6.1 } '1 t r�1 V v�T��t�"� 1i i� ,�C° r•�7 i.S t l,r•!. �f � 1°{" ,,;,`�1��, �1'+ I Y r 1 - LVy r t 1 t t i 5 r r r r S f r. r f itxy.S a} d ��, 1•i r. I s 41t Y d +Yr i Sa S I tl rJ+ S r +rr 1 cc flw }tt1 f l SJ� t 1.{ i }liJ Jts � V I Itt rSr ( T M1 t 1 .t 1 Ir 1t J 1 I it 4- ✓2 1 J ,� t h ! 1 l f L f ._ 1 1 <tY I�?tn� id,!} ; tt L -' � 1-' S M1 I• ar 1 r}ti"if' V,r; 1r �+i>•+ e � a (1f f r 41 1 ! 1 yi - { 1 rr 5 1 + i t' � nJ S 1i5 -- - >, . ;f� >•fJ J� 1,. 1 l %1 l 1 t ,� I L}717t �. yY 7i Jk 9r r^ fi i I:F�,J�.f,`r�''I. ISty S•t'1 t�, i }tlti C k 1, fr f 4+ t-�r r � t fr4'f � t:1f S9t, IC � zla�yy� ./'�• r. r� ! � '' J! 1 r. r f � -_ 1 f ! l � L'! � l tt1 'i H. + r S a.'4e rYC", i:r��3 fy>�•k � t;- `� 1{} t' .s r I,.' +� � � 1! x ` r ti .1 �kF v'L 1 r r f S .:� k}!��.7r,�5f��1'�7/afYY..:tic}tJxla..i,•x.�.......sr+`i1C:h�ifJ:.a..rssi;,:.�. L. .l :d:,�= d-..... �,-...{.< S :�;. . �.., !u''.., ..�;i 4. y.. .n �;.r�.a �= ,�..i I Attorney prior to its issuance. 15•-V'olMt1OL_09 Aminent. A. In the case of default by the Developer, its successoi*s or assigns, of any of the covenants and agreements herein contained, the City shall give Developer thirty (30) days mailed notice thereof, and if such default is not cured within said thirty (30) day period, the City granted the right and privilege to is hereiy deficiencies governed by this Agreement due and p any to the city in full. The thirty (30day notPayable shall be deemed to run from the dateofepositeofessaid notice in the united States Mail. y immediate) and The city may thence or Developer use all itofuttheotice depositedcoescrow of the irrevocable letter of credit or other suret funds' complete the Developerfs Petition items or on-fordoffto - site improvements, and to bring legal action against the Developer to collect any sums due to the this Agreement, City pursuant to plus all costs and attorneys fees incurred in enforcing this agreement. B. The notice provision of Paragraph 15 A to any acts or rights of the city under r shpararh all not apply above, and no notice need be given to the Developer sale 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 Cityes 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. 16. e o o s e 17. The Developer agrees to pay park dedication fees of $170.00 per dwelling unit for which plat approval is Developers plans as of the time of the signing Under this document, Developer will be required to ($170.00 x 75 dwelling units pay $25,5fl0.00 Payment of these amounts shall fulfill building Developer's dings) . dedication requirements.park �9.�eV6lnflmAr♦ preliminary Plat=heI C3h a plat is a phase of a multi -phased Y y refuse to approve final plats 10 fiFr,Y n5� i�irt. ,rs'r �. � v� � {$.',•� d r � s sS ; � }76 ,r i 3 t t � k r f r. xr���. ..� _ y FrCs�' ,1, f `�� y; h., ss•x� i;4 t 1 i.` Yhr s 4r r t, ' "ysi �- yrttj•f,, tl ,j ,.,j+�s s 'a, e. p 1. 1 � s �,! s s i i•, ,,, fYl4 Krr1a,xr .'• tr ° r,t4 { s s t, `F r L {� r r + �3,i I I P v '�' � � x a i �t.'sr t "�'•� 1 t 3' z j4r � r! Y ��� tt r r r tr i ' - �.. 1 t i '-i�c' r r r s i �' R `r' '.s _ri � : Ks , 51 ' •- r ! i�.t� r. i s s ,r �• � r 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 within said Plat shall be governed by the Cityrs Comprehensive Plan, Zoning ordinance, Subdivision ordinance, and other ordinances in effect at the time such future Development phases are approved by the City (this provision applies only to that plat known as Westwind Third Addition, and shall not act to bind future plat additions to the Westwind development). Developer acknowledges that it must obtain the.. necessary approval from the City relating to building design and specifications, and that this agreement shall not be construed as granting such approval. 1B • em tv. Developer shall hold the City and its officers and employees harmless from claims made by itself and third Parties for damages sustained or costs incurred resulting from 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 pay or incur in consequence of such claims, including attorneyls fees. Third parties shall have no recourse against the City under this contract. 19. e e o a ou o f on behalf of Developer (and the Developer, hif theose rDevel pties er is a different entity than said parties) shall be personally liable for the fulfillment of all obligations under this Contract. The obligations of the Developer (and the parties signing on behalf of Developer) under this Contract cannot be assigned without the express written consent of the City Council through Council resolution. 20, g �� . The Developer will attorneys fees incurred by the City and as fixedlby theCourtin the event a suit or action is brought to enforce the terms of this Agreement. The Developer will also pay all reasonable attorneyts fees incurred by the City in the event an action is brought upon a bond or letter of credit furnished by the Developer as provided herein. 21. o Mortgagee hereby consents to the terms of this agreement and its Exhibits, including but not limited to the assessment of the costs of petition Items against Said Plat, but nothing in this agreement shall be construed as requiring Mortgagee to personally assume any of obligations the of Developer arising from this agreement. 11 61 P1 22. ° ° t ° 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 131 Albertville, MN 55301 Telephone: (612) 497-3384 John George, Inc. 7535 N.E. River Road Elk River, MN 55330 Telephone (612) 441-3700 School Street Development Partnership c/o John Weicht P.O. Box 368 Elk River, MN 55330 Telephone (612) 441-4112 23. an" Effeete This agreement shall be binding upon and extend to the rresentatives, heirs ors and assigns of the parties hereto. , success CITY OF ALBERTVILLE, y: By C� Its Mayor A ------- By Its e s 12 DEVELOPER, School Street Develonnant MORTGAGEE, John George, Inc. STATE OF MINNESOTA } COUNTY OF WRIGHT � ss. The foregoing i strument was acknowledged before me t Z day of ,-� I _ his „ of the CRY of Alberto lie, a M nnesota m�uciP$ayor behalf of the city and pursuant to the:corporation, on Council, authority of the City LaNettk M. van 1NOTARY PU"-Mp4dW= WRIGHT COUNTY . Notai y Publ c uy c°� E*"Juft giteas M1 STATE OF MINNESOTA ) COUNTY OF WRIGHT ) sr.. The foregoing instrument was acknowledged before me this day of 2- day � by Linda Houghton, Clerk of the city of Alberto Ile, a Minnesota municipal corporations on behalf of the city and pursuant to the authority of the city Council. LaNetta M. VOW& vo NOTARYPUBW-M WRIGHT CG 1Jy Comr "9N E� STATE OF MINNESOTA ) COUNTY OF WRIGHT Notar�97& e foregoing instrument was acknowledged before me this day of 4 Z - , 1992, by John'..WWeicht, nd v dually and as general partner of School Street Dei Partnership. elapment • NMMMW. �A►�nr�i6�rA M2%103 Notary Publ c STATE OF MINNESOTA ) COUNTY OF WRIGHT ) ss. om ki:ly `, ,t!11 ry1 r� ii+r�T yid' I Is,,.r ryl r 't it 1' L - f I •� r r J t i( ' r 4 ' e Ai ,;T.:^r':ari`:�';_:. k_j� ;z�t..r, :.... �..4,. ..•.�',,:.1 W. ril �. s :�.';..,. Z�... '-� ,Fs..?F:r 1 �: . :v-, .. .'-- i''1°�.,1 ,.'_!.: LH STATE OF MINNESOTA ) ) ss. COUNTY OF WRIGHT ) e foregoing instrum t was acknowledged before me this day of _ , 1992, by John Darkenwald, of John George, Inc. EOTARY CHAL C. COURI ME= f WROff Loop Notary Pub1 c m�at9e STATE OF MINNESOTA ) COUNTY OF WRIGHT } ss. The foregoing instrIMmen.4.was acknowledged before ma this Z day of , 1992, by George Yankoupe, of John George, Inc. � e MICHAEL C. COURI atary Publ c NOTARY PiD UC-MINNESOTA WREHTCOUNlY �hr Conm. 6sDlres M� 41I�93 15 F a -�k= r.ar .BMWii 1 w �y II,,* d otT;v tlr yi rri� I -�t•�i1 � ,.:J fir•. ."?-z ' v r t Y-�a:'. - J ��' ^(jr �:.1 r:h 4 , r 2. A EXHIBIT A WESTWIND THIRD ADDITION Legally Described as: That part of the Southeast ..�i� Quarter of Section 35, Township 121, Range 24, Wright County, Minnesota, lying south of the Burlington Northern Railroad, described as follows: inninat the southwest corner of Lot 1, Block 1, Westwind, according to the plat thereof on file and of record in the office of the County Recorder, Wright County, Minnesota; thence S 15 211 10" W r.' plat bearing, along the west line of Lot 21 Block 1 of said Westwind, a distance of 211,0o feet to the southwest corner of said Lot 2, Block 1; thence N 74 031 45" W, a distance of 224.00 feet; thence N 84 54 00" W, a distance of 363.50 feet; thence N 0 161 43" E, a distance of 356.00 feet; thence N 7 451 35° g thence N 24 00P 00" E, a distance of 195.00 feetanca thece6.66 N 29f e11,.;aS1M 06" E, a distance of 83.00 feet to;the southerly right of way line Of Burlington Northern Railroad; thence S 60 48, 54" E, along said right of way line, a distance of 730.00 feet to the northeasterly r; extension of the west line of said Lot 1, Block 1; thence S 28 49' 50" W along said northerly extension and along the west line of Lot }'1. 1, Block 1, a distance of 293.00 feet to the point of beginning. Containing 9.44 acres and subject to the right of way of Wright County State Aid thereof. Highway No. 37 over the northeasterly 66.Oo feet 'v- Frrj'i •: 'c;dr�JAyti tee. L.I,Y1y't"i�,l, f rr•�.sh�=cr t'tri r 1 i y,,, 7 'LF r ��`'�x` x� r - ' � r > _ f• + rL� u� y +�.a h �r..�, `�. �. � � sa Y 2 ,�5+ r �•c it.t. J 1[ f: raj{ vY''iti d� x r s 1 i rlrr ti 4''r � �l.. fy �. ? f„ S r rar a -1t^ ; .rwl d - + ry, f.' 1 ti �'Si� iNyl.+ +� � "';�U —41 4:' 'Y 5` .,r 'Pe ,rY K r r � r s. �:iW a� !! I t�y I + j[ '' �4�y ,duliyt�j�r P;h �rr�' �Mri.+rorr�L�•r �j�n--P •. rr�7"+�� Rt-^s,ShYti^ `„`1'.x a+.nL.7 ,sl4r L r f '�I..+:+trr)S'{7�"flr'�'�d.��.e+::�u.�,,y.�'�'''YrYf•F✓is� 'tir�assyd i+,�''` tli r� �y r.`� .tirr,y�rrt )r �4r _. h i sad.riS..J�SW�La�s�x..�i,5 an'St'r.3'.�l,..�,.....�ss�wS.9�i��C:�*C{i4�a^a►a.,s �..� rq.}�.# ,��,..�)17.i 'v'!: S'if[i..'°�'.... i+..: ... j'.,. EXHIBIT B CITY OF ALBERTVILLE WEBTWIND THIRD ADDITION Petition For Local Improvement and Agreement To Be Assessed John Weicht, Paul Vincent, and School Street Development Partnership, collectively referred to herein as "Developer", owners Of 100% of the property known as Westwind Third Addition and described in Exhibit "All to the Developer's Agreement between Developer and the City of Albertville said property situated in the County of Wright, State of Minnesota, hereby petition that the above described property be improved and be assessed 1Ook of the cost of the improvements, including construction costs, engineering fees, bonding fees and expenses, attorneys fees, and other costs incurred by the City of Albertville relating to the improvements to the above described property, consisting of installation of municipal water facilities, sanitary sewer facilities, storm sewer facilities, storm water detention ponding, and other such improvements to the land carried out by the City of Albertville. Further, it is understood by and between the Developer and the City of Albertville that the construction improvements will benefit the property. The benefit to the property will be greater than the construction costs as set out above. Further, Developer hereby waives any objection to being assessed 10Q$ of the cost of the project against the above described property. Developer hereby waives its right of appeal to the District Court herein, pursuant to Minnesota Statute 429.081. Further, the spreading of the assessment against the above described property shall be in the best interest of the City of Albertville. The assessment shall be against the above described property as a whole. However, if mutually agreed, a division of assessment may be made against the property with the consent of the Developer herein and the City of Albertville. Developer will submit to the City of Albertville a bond or irrevocable letter of credit in an amount to be determined by the City Council prior to the signing of a Developer's Agreement between the Developer and the City. The bond or irrevocable letter of credit shall be approved by the City Attorney and submitted to the city Council to insure that the assessments are paid each and every year when due and payable. Further, Developer, for value received, guarantees thepayment of the assessment due and payable ini'a"ach and ever y time thereafter, and hereby agrees and consents y to aallr of the stipulations contained herein. I�� YY '"ti r'�/FFr'"�i �irfi� �1�•Y'�Ikf M f' jita j,'4.3 r? r• -t } 1 f r :. old;-� r ti i . a 1 lytE s t.. f r - E t- '. x �� i s , r - ` S a s• t r y 1- �� y�r G t +�. f r'r r Y a'ti r •l f f �'� • � r. r .C. -� tom..' •� � f ��_ ' ��j�y' i 1 V •�t ti�6: �1{.u• : j r� r �. ' Ok-T??4.. s " j✓ �, - r r ' %V i r � 1 t � 'r i^ ci�"1•f r r�k,.. >,��4� t��%�. 1� r.1.'xti.+ir, 3$iq}�ti'i �Y it i'f' � +9a •�rdl b y },-, �4 .,.. rLt r yj r I t ► !qr i r.,.�i3��15 `��'; �''.1�.`,��,4,f',(s`rr"„lei'+i,ir�.�fi:.::c'�4�i��L'.�Ik'ss,���ar }. �7.::: +11' �'{��r �•'�'kt'Us R;• 7.>ry =r +�' v r Further, Developer agrees to provide the- with any easements, temporary and Permanent, as may be neck nary to instal? �'+'• the above described improvements. Dated AC (1ho- 6 R Y i C* r 1992 School Street Development Partnership, d*/ :..Jo—hnWe-fc—ht .; by: t;. en Iridiula'1lalit, i This petition is hereby consented to in all respects by John George, Inc. t. 0ilP/ vl f�ik{�JII 'tl( '!x �IrtrS'4 }1y75 t' SJ 11 E' i 1 1 rf / l- �5� I Y J I � - J•` I k, l } JyM1 ('l }. C �"'� 1 ir� ., I' I ! 1 ; to j � ! _h ell I�� +f§4jrf'� t�J{ YiY! 5 1'� 41-Sk Y�. JI 4�f,ti fill 4 Y 1'y -Y 1 tr �IJ Iy �., 1 Y. 9Y�, lh�f f�••Y Jt I 1 V { y 1 .117% J 5 4'�!-� } F h _� I MALL 7 11111+a-aJILi y Feasibility Study For The Albertville,, Minnesota MEYER-RONuN, INC. wor4errta •won st,�„f� m, � � � �a �n aua PAon+ bia • as •nr t December, '199.1 E-9101 L n0i Sol a,AW NOV i7 f.l ;�l�^11f1 x� z` J'�'. Vij.1 j� + 1 , �f4+ x •+' , t''si J may- dy , [y �, k } Nit': ,'� rrrr J=r �,; i rfr`.. i.t �.( L�.. t : I 5 y y. �, F�4� it i` �Lj�1 s I• i S r�,"L -.y ,{'+� 1l r+ r � >•?f � �w t+_f rr rti tt f II ar r r la t i `riF +S r!„�j Pi r + + a L _ r + x. �, ' ! ra_r f S i • y K� i}„ q �+i '-:Izri j i+� r f 1 . rT - Fld. � � I � i --s -+c -'qtA i! �r r, �� r ;, - ( J]>•, 53 _ iy =r1 , + -� J, f + i S� t ,II S r ,7-�y^:t "5 r7'7 ,... a.�.rLs '•..t'- y, `w^51—rrn. x�C�u. .i.+w'.wW.akdsi,u.l Dti;' C }, ; �a� .J� � J {1 " r i wr�r �Cr�n'►T�^•..r�`T.h �a ....-.rt�...�1....,_'+—r.w V�r.wqc+l5lr{jLSyiwrM�ii.•.rii�..h,+.f� ��, y N %� r r 1 1. FEASIBILITY STUDY FOR THE wESTWIND III ADDITION ALBERTVILLE# MINNESOTA i December, 19rg1 E-9101-L I hereby certify that this plant specification or report was prepared by me or suAervIsion and that r under is direct Profej1% 717 al E a duly Registered ��r under the laws of the _ S ate Minnesota, P Reg. No. 6218 I& C e s r lG� siYl i.�li Vµ 5 �r't j. r b -" l t{ k J-1 - C � 1 r't s -+ f � .� � F s r •.: �5�5ls<,,..+e �r�;,{'r it It 'rrs si�`r{ �` ` f �'• I rig 1 1 7�r r ' lA f , Y �i4+k�.M'�ai i7y� tf^k. •r'r •i1�'�x_ry�?�rl�f^4 ,,;JI r{ -I* �.i {'�G',°i' 11r F f' r i,P� '+'•+i Sirl.[�.{r,�.1._:G.xr. +.r'?..!:'v a;.• _r.,� 5�;:.r�.sr.!. ».i �-•{•; tr..,..r December 11, 1991 City of Albertville o/o Linda Houghton, Clerk PO Box 131 ' Albertville, MN 55301 Re: Westwind Ill Addition Utility Pciftsibility Study Honorable Mayor and Council Members: AB requested, we have completed the feasi.bOl ty study for .the exte. ion of utilities to the Westwilld III Addition in the city of Albertville PROJECT LOCATION The project is located in the northwesterly portion of the city of Albertville, south of Country Road #37, abutting the westerly boundary of the Wesiwirid Addition and the northerly boundary of the Westwind II Addition, This addition is within part of the southeast quarter of Section 35, Township 122 North, Range 24 West. (see attachment No. 1) SANITARY SEWER The sani.t;aFy sewer is an extension of the existing 12,1 trunkline along 'the south s idP of Cr unty Road ;37 , The sanitary sewer will consist; of 730 lineal feet of 1211 PVC, approximately 12 1--141 deep. Sower services will be to the two proposed 75-unit apartment buildings and wili consist of 5,, pVC, (See attachment No. 2) WATERMAIN The WiEermain Will be an extension of the existing water trrunk located in the south right-of-way of County Road #37, The proposed extension will consist, of 730 lineal feet of 1211 DIP. The service connections to the two 75-unit apartment buildings 4111 be 611 Dip with 611 gate valve curb boxes. An all DIP will serve an interior fire hydrant located between the garages, (See attachment. #2) STORM SEWER The existing- drainage from this area is to the north into the County Road #37 roadside ditch, The area of drainage and direction of drainage will remain the same; however, the runoff from the developed site will be Inoreasad dramat.ically due to the buildings and parking/driveway hard -surfaced areas, sufficient storm water dotention ponding in the south Country Road #37 roadside ditch Fj rxrm wv'r tivn a � rr t arf Y'x��5iER4-i�r� '�4 �r }5551��f�.���7`s"���'S'��^try/"aa^�`5��4���'.R 9• 41�I �A 1,_ti sita tali�.ni•`tk,r fi,°rr r+ r err.,;, .^ err C � r i . I it '4,l,i,s. s• f ! � r.#( -n yy.{ 1 _lr+fk 1' � } � { tw�ti4 [ S. i C � � - t ti r �-'" 1 y r.�r � ,1, 1 ei��"}r�•% ,�� � � e 7'3; kiilrl Sf{+if.44iyi��f L(1ta}Y[ rrt. Ta l;:1'�r art t,I,r4, r`11�t�t{_`rY+t'tta W� P i e �Jrt SC f d{� q ( Djr r I .r, rt Sr e yhi sy 'r •K ra ut y r I rL f�t �{. lrr r•f I � r"" rfl alrl G. y � t - ! w r-:L I r � s }4 is f,F C'i i'�trlal�it�,�t ��.4 ftT+t 4 �c� Y� };�P a 1 I+��C� •f i{r y js r ^ , i -:I i i ,� yf 41 ``�.xqq Sf{J � t'3''� Lk tsr r.SY pti�. fl r a•ys ;�. I rl} . `+ I i S`�-r3 w,fy ��,�AP Ir ,s }'fit I� S � � xt � yl ,� r .✓ i�'{ Y+ � �C } I -., - :, ry- `F'�'�A L rfw S Sf Rt k.t i r r 'i. ✓ I� rd14 V. ityrw r r r d'r trr r!, r �'S+ K 5 r A a rYs P c�s.�[ a f. J 5z,"• I�ft`'�,t?r',�3�aa t `1-a1�ar rw � �<�s rr �l`s{i ��4 + n ttr�t-# rti 'f ''�i Y,y ,� ,FG tS;�l.�', i ,,t J.� y .fin y�7S y7 A,ti.�r•a{j `w'_y{�� r� t f � 1 iP, r, �,�. k `� / t:i, ri. rrLr + ��� �r}1�t�"��� r f �,{"`t, l/a 1���'��1 �•:r� ,L F 1 ,r ,... 1 t. x.+ 4�1f�[2, 1'Ix�rx� .. %,�i:t j.�'r.�,y � �rca:a.:�v.c,�c:..w �cx yrr •4.,..�..Rv. 's e,x.+c.sa.t.�.�s. �:, na + � �: �'S".^r"R +.^e*+..e.f•eT^r+ I�"�r 11'e�re7Y�^ t --r-; <^� w=r �•y t siF � Y6I) :� e Y r ti r 1 r n {r t r a y I ,I cannot; be realized. Therefore, a series Of culvert crossings and ditch cleanoutS will be required to assure no flooding during the 100-year storm event. A new 2711 RCP will be required tinder, County Road #37 and a now 241, HCP will be required under the railroad. The new 241, culvert under the railroad will align with the existing 2411 culvert under Interstate 94, draining to the north. The existing roadside ditches along County Road #37 and the railroad will need to be deepened, widened and cleaned out with the removal of brush that has grown up over the past; many years. Financial assistance Will be requested from both Wright Courity and Burlington Northern known Railroad; however, to what extent this cooperation will be is not; Goon a Roadie time. Wright County will not allow 'open cuttingo of tY #37; therefore, both new ckil'!erts w11.1 need to be Jack -bored under the roadbeds. (See attachment No. 3 ) STREETS AND SITE GRADING} No streets or dyi:e - grading are included 'in th r3 entrance to the two 75-unit t�partment houses will be proae°t' The common driveway installed at the time theParY private constructed. The site grading will be done, in ci.gQnlwith the building construction, anjunc COST ESTIMATES The ` 0 1071ng are the estimated costs for the above -described improvements. The costs are based on this project itself, Some $ravings could be realized ifthis being bid rby e combined with other al"Illrar projects. project were Sanitary Sewer $23,500 Watermains $33,000 Storm Drainge: $27 900 Contingencies $6/1400.00 Engineering 4,200.00 15y000 dD PRDJXCT COST _ $103,600.00 Legal and financing COSLS (bond cost, capitalized interest, etc,) must be added to the above figure to provide a total _ project cost. CONCLUSION In conc usiop, the above -described improvements are feasible and would be a benefit to the properties herein described. If You have any questions, please reel fr�Pe to contact me. Sincerely, MI:YSTI-Fj 461N , INC. rAcre Meyer Professional CC: File E-9101-L V .� 10 CSsed WEST 14 HIRE ADDITION %ISO 01 0-1 _Z .... ... ........... X 173 y ALBERTVILLE Attachment 1 .5,44 .1 4tp . ".. .85.0 N29011'06 E 4e 0, Oro 3o Ct) kq 44 Ci of. 0 ol 61V J;p 2 APO 0 Poo 1, 'resrov) OC pop 41 J�f 50. a N 84 PO 0- eloo 1, vie 6� • 0 - so IQp 'IN F'CCI Attachment 2 a gy .R.: •� q vl-`` •/. 1 s, 1„t ° tt Est � •a •" . f s "�r+,� l ,t ` ` t,�, 1 � �iN3 t41 w9 ,top� 'v �' f ' : Y � a%�'F1 li Y fl l ;1 1t`" w�,•y.I V 1 'Y � 1, r, JG•{'I, tons r r r. r 4�/�'p/ � r Sto Qq+. /. 0 j. A �Tsi' ti� 00 r.\ NO (let � /' Gm �;t 1, � ` �►°% W`' � �J ��� .•/ t '� � /!•40�� '7•, irk , fey Oft ff ,F /f / Q40 a /srriur.1r ��rrnrr • � �� � � ' . fllhtj r,lt'6'S7iY/ki7 ' J0.., r 1 N -9-0 0" ''00-W . �,, ,p�,.y, ;r •'..M rYrur+ r, 7Yr.:sfrrr+v6+ ��� • Ale r l r' 1 � , r r 1 �1 S r•. '� 1 ` - l u ; {.r y>'1 hey S 7r �1W r •�: �vr�" iL ty Cr{y� 17 rr! t ��.,_ r_ e y �..���.�r _'K �I�k,��"'"s !-. Vt t.: { N.r ✓ r s 1- ° u -Y, rrr T ' (�:, k.•� I I. �Sr- r--, } 't3' f t y!i '4 r" y `, '�?�' T � .7 ems' �- y rt" ;;� s r I :� } r Y t - r u ' • t s ar d -. A 'ri 1. r ti �� r jh f i ci � y�, r :✓ � �xy�a 7� � t . I 7,1 .kx. r<. t!•. kt �'! °ri 4 N. I ,..' / r '� I i I w I -. rt fF f 1•ElrJ. .NF t4 1r ?�}+q` r r .r , , •: t rr 1 i ft r�. a 'j ! r, (j tragy. r EXHIBIT E Said drainage pond or ponds shall be of a type known as a "dry Pond" constructed in sufficient volume to meet the storage and drainage requirements as set by the Wright County Highway Department or such other Wright County officials, and such ponds must be built to the satisfaction of the City Engineer. The ponds shall be entirely or partially located on the Western portion of Westwind Third Addition. A portion of one pond may be located on the land adjacent to the Western edge of Westwind Third Addition, said land currently owned by John George, Inc, it being agreed that John George, Inc. shall provide a drainage easement to Developer as necessary for the construction and maintenance of said drainage pond (said easement attached as Exhibit E--2). Said ponds shall not be dedicated to the City, but shall be perpetually maintained by the Developer. Said Ponds are to be constructed according to the specifications in attached Exhibit E-1. AI 1" 1"o wL Or EXHIBIT R_1 C,40 OeL) RCP ; 1 0.2ox I(90-41. RCP apron it 0.26X John Gotta 6 7 N L4� F ivtor 11n4 to 4 'Elk Rivet.7-55330 44 IN Total Lois. 9 Total Acres A 9.44 Ac. 3!t. ZonIng DIiIrIcj4pUr) DOM Fran' 5 Ida Rear I U-4 AccqL,,- WA all R'w�'ri�;..^�f j�p+ �r S 3 - r �i �i. Ff i rr�ei iigAY� rrP��jr i tit 1�� ti 7 s 4y4- +f /"�� {r i It'y�, , sA N - r i '�1 r 1+,i• t - �f ��Y f i i�.y r.F A ', ly rt ip�,�f�, �rri I,SI 4 � >i � 1+ ; r � + i 1-' ( --er r .+ w ' L c �+r '• l 4 -r}�� +r� rf t � Y r yy, �tir � �trl��`i � 4 k �'` G Y t�li�y�� ,� �-„ � 1 + y 1r , � h ,i' � r�„1 s 'r � S ii 1 f.. y. � s 1'C �ritr � i 1 ♦ i. _.1 si Jt '+ y i •, +° � r j -, y I � tf t 1 ' �� r I -,; Ir,, -� � -- r ; 5s EXHIBIT E--2 AGREEMENT TO PROVIDE EASEMENTS WHEREAS, School Street Development is the owner of that land comprising Westwind Third Addition ("First Property,,) located in the City of Albertville, Minnesota and John George, Inc. is the owner of land ("Second Property") located adjacent to and immediately to the West of said Westwind Third Addition; and WHEREAS, both School Street Development and John George wish to provide for the proper drainage of their respective utilizing a "dry pond" drainage system; and lands WHEREAS, said dry pond shall be most effective if placed partially on First Property and partially on second Property; THEREFORE, �. John George, Inc., in exchange for $1.00 and other valuable consideration, hereby agrees to provide Paul Vincent and John Weicht, d/b/a School Street Development Partnership with a drainage easement necessary to enable School Street Development Partnership to construct and maintain a "dry pond" over a portion of Westwind Third Addition and a portion of Second Property owned by John George, Inc. Said drainage easement shall be perpetual in nature and shall be limited to that portion of land necessary for the construction and maintenance of the pond, said easement to be determined by the City of Albertville Engineer based on the drainage needs of the,Westwind Third Addition plat. It is estimated at the time Of this agreement that the drainage pond will occupy approximately 30,000 square feet, of which approximately 18000 square feet may be placed upon the Second Property. 2• Paul Vincent and John Weicht, d/b/a School Street Development Partnership, in exchange for $1.00 and other valuable consideration, hereby agree to provide John George, Inc. with a drainage easement necessary to enable John George, Inc. to construct and maintain a "dry pond" over a portion of First Property and a portion of Second Property. easement shall be perpetual in nature and shall be limitedato that portion of land necessary .for the construction and maintenance of the pond, said easement to be determined by the City of Albertville Engineer based on the drainage needs of the Westwind Third Addition plat. It is estimated at the time Of this agreement that the drainage pond will occupy approximately 30,000 square feet, of which approximately 18,000 square feet may be placed upon the First Property. ZIP r;- � s i ^gyp. Dated: October �% , 1992 :lyIVSS� School Street Develonment -12 JOHN GEORGE, IVC. STATE OF MINNESOTA COUNTY OF WRIGHT ) ss. The foregoing ins ument was acknowledged before me this day of , 1992 by John Weicht nd v dually and as general partner of School Street Development Partnership. Notary Pu c ----------------------- MEI CHEN J. DALEMAN 2 STATE OF MINNESOTA ) fi ) ss. COUNTY OF WRIGHT ) Th foregoing instrument was acknowledged before me this .06 day of �1� r' v dually and as general partner of School�Stre t DevelopmenPaul t IndiPartnership MEI CHEN d, OALLMAN NOTARY Plfd!!C - IYAFSQril J � � Notar Y fL� STATE OF MINNESOTA ) COUNTY OF WRIGHT ) ss. Th foregoing instr ent was acknowledged before me this 2 day of 1992, by John Darkenwald, o John George, Inc. 11 r STATE OF MINNESOTA ) COUNTY OF WRIGHT ) ss. a-azL cn�"' Notary Publ J. c Th foregoing in5str nt was acknowledged before me this day of , 1992, by George Yankoupe, of John George, Inc. hP M Notary Publ c 3 0 R FJMIBiT D H a x IL � H LW yQIj 0 Q I 1 K I yZ�4� Que� moo 1 N wgq�d �•I 1 I I �W JZ �? 4���1`,` �`, v J K AMA 14 `7 R 1 •� JL i • � S - `�.,1.�.���f III �� 1.I1lIIl �I��ilr •.I,: M: 1'� -fill; �r..�• l_' "•y.::' �!-^' L, t r ii 9 52C313 OFFICE (IF aAUNTY RECORCER I•= �;:'' ? tf sal. f ILl €1 -�. "33 MAY - 7 PH 4. 21 s;A,itC1A LAMA 10.CO.RCCOROER c �., C . ��- ► Qr 3 t4l 9