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2025-06-04 1st Amendment to Development Agreement (AVA 2nd) - RecordedDOCUMENT #: A1571342 03-06-2025 at 3:29 PM Certified filed and or recorded on above date TAN" WEST WRIGHT COUNTY RECORDER WRIGHT COUNTY, MN Pages: 37 Fee Amount: $46.00 This document has been electronically recorded. Return To: Couri and Ruppe PLLP CITY OF ALBERTVILLE FIRST AMENDMENT TO DEVELOPMENT AGREEMENT/ PLANNED UNIT DEVELOPMENT AGREEMENT AVA SECOND ADDITION THIS AGREEMENT, entered into this 4' day of June, 2024 by and between Medart, Inc., a Missouri Corporation, 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 of the real property legally described as Lots 1 and 2, Block 1, AVA Second Addition, according to the plat of record as filed in the Office of the Wright County Recorder, Wright County, Minnesota, which real property shall hereafter be referred to as the "Subject Property." and WHEREAS, the City and Darkenwald Holdings had previously executed a Development Agreement/Planned Unit Development Agreement pertaining to the plat of AVA Second Addition and recorded as document number A1533354 in the Office of the Wright County Recorder, Wright County, Minnesota (hereafter, "Original Developer's Agreement"); and WHEREAS, the parties desire to modify the Original Developer's Agreement as it pertains only to the Subject Property as set forth herein; and WHEREAS, Developer has requested and the City has given approval to the following requests pursuant to the City's Zoning Ordinance: A. The combination of Lots 1 and 2, Block 1, AVA Second Addition into a single lot and vacation of drainage and utility easements within the interior of the Subject Property; and B. Planned Unit Development Site and Building Plan Review; WHEREAS, the City's approval of Developer's requests is contingent upon Developer entering into this First Amendment to Development Agreement/Planned Unit Development Agreement AVA Second Addition (hereafter, "Agreement"); and WHEREAS, the City requires that Developer construct certain Municipal Improvements including, but not limited to, grading and installation of storm water ponding and municipal water on the Subject Property; and WHEREAS, the City further requires that certain other improvements be installed by the Developer within the Subject Property, which improvements consist of boulevards, top soil and sod, grading control per lot, bituminous or concrete driveways and parking lots, drainage swales, landscaping, berming, parking lot lighting, street cleanup during project development, erosion control, and other site - related items; and NOW, THEREFORE, IT IS HEREBY AND HEREIN MUTUALLY AGREED, in consideration of each parry's promises and considerations herein set forth, as follows: 1. Zoning/Subdivision Approvals. The following zoning -related items are hereby approved, subject to the following conditions: A. Developer shall combine Lots 1 and 2 of said AVA Second Addition into a single lot as shown on the attached Exhibit A. Developer shall execute that easement dedicating permanent drainage and utility easements over the Subject Property as set forth on the attached Exhibit B. B. Developer shall construct the improvements shown on the Site Plan attached as Exhibit C, including, but not limited to, concrete curb and sidewalk, bituminous parking lot, drive lanes and driveways, and parking lot lighting. Developer shall install bituminous to create an initial 73 parking spaces west of the building location, with an additional 141 parking stalls to be constructed with bituminous surfacing at a future date, subject to the following conditions: i. On -site parking shall be limited to approved parking stalls only. Parking shall be prohibited on -street, within the drive lanes, loading areas, or unpaved surfaces. ii. The applicant shall construct with bituminous pavement the additional 141 parking spaces required to meet the City's Zoning Ordinance requirements upon notification from the City that such spaces, or a portion thereof, must be constructed. The City 2 may require such additional parking spaces if the on -site parking proves insufficient to meet the parking demand. iii. All parking shall be designed and constructed to meet City parking standards. C. Developer shall install landscaping as shown on the Landscaping Plan attached as Exhibit D, and shall replace those plants that may from time to time die such that the landscaping shown on Exhibit D is maintained as long as the building shown on the Site Plan is located on the Subject Property. D. The landings and sidewalks adjacent to the exterior of the building shall be kept clear of obstructions and snow from the building doors to a drive aisle for emergency exit purposes. E. The uses of the Subject Property shall comply with the City's ordinances and applicable state law at all times. F. Developer shall develop Subject Property consistent with the Plans and Specifications as prepared by Lampert Architects dated January 16, 2024 and as prepared by Landform dated February 13, 2024, both of which are on file with the City Clerk. The Developer shall comply with all site plan approval conditions accompanying the City Council approval except where affinnatively modified by this agreement. G. Developer shall install a gravel fire lane as shown on the attached Exhibit C for fire access to the building to be constructed on the Property. The gravel fire lane shall be constructed to meet the 2020 Minnesota State Fire Code, Fire Apparatus Access road for all-weather access standards. The gravel fire lane shall be improved to a bituminous or concrete surface upon the earlier of October 31, 2035 or upon the construction of an addition to the building shown on Exhibit C. No occupancy shall be issued for the building on the Subject Property until the gravel fire access lane is complete. H. All grading, drainage, utility and transportation issues that arise during development of the Subject Property shall be subject to review and approval by the City Engineer. I. Developer shall maintain the storm sewer system and ponds that are to be constructed on the Subject Property. Developer understands that the storm water ponds on the Subject Property will contain storm water from Karmen Avenue as a result of the City granting Developer's request to vacate the drainage and utility easement that is currently being used for ponding water c from Karmen Avenue on the Subject Property. Developer agrees to maintain the storm water ponds at DeveIoper's cost in perpetuity, including the pond(s) that may contain water from Karmen Avenue. Prior to the recording of the final plat, Developer shall provide the City with a temporary stormwater and utility easement over the ponding area shown on the attached Exhibit E. Said temporary stormwater and utility easement shall expire at such time as: i. Developer completes construction of the ponds shown on the Grading and Drainage Plan shown on the attached Exhibit F; and ii. Developer constructs the drainage conveyance system which conveys storm water from Karmen Avenue to the completed ponds shown on the Storm Sewer Plan shown on the attached Exhibit G. K. All private utilities installed on Karmen Avenue shall be installed underground in a joint trench. L. Developer shall install outdoor lighting in accordance with the Photometric Plan as prepared by Landform and attached as Exhibit H. M. The approvals granted to a portion of the Subject Property by the City in 2022 for the Albertville Self -Storage PUD site and building plans intended to be constructed on the Subject Property are deemed abandoned by the Developer and are repealed and revoked by mutual agreement of the City and Developer. 2. Construction of Municipal Improvements. A. The Developer shall construct those Municipal Improvements located on the Subject Property as detailed in the construction plans as prepared by Landform dated February 13, 2024 and on file with the City Clerk, said improvements to include grading and installation of storm water treatment ponds as set forth on Exhibit F to this Agreement and the installation of a Municipal water line and fire hydrant as shown on the Utility Plan attached as Exhibit I (collectively, the "Municipal Improvements"). All the Municipal 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, 2024. B. The Developer shall provide the City with record drawings for all Municipal Improvements, consistent with City requirements and subject 9 to review and approval of the City Engineer. Record drawings shall be certified by a registered land surveyor or engineer that all ponds, swales, emergency overflows, and Municipal Improvements have been constructed on public easements. Such record drawings shall be provided in paper and/or electronic formats as required by the City Engineer, and shall meet all applicable State requirements for such drawings. C. The Developer warrants to the City for a period of two years from the date the City accepts the finished Municipal Improvements that all such Municipal 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 construction, said warranty to apply both to poor materials and faulty workmanship. D. Developer shall provide the City with lien waivers from all contractors and subcontractors engaged to construct said Municipal Improvements on the Subject Property. Should 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. E. The City shall, at its option, have the City Engineer present on the Subject Property 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 reasonable costs incurred by the City during said inspections. 3. Construction of Private Improvements. A. Developer shall construct all on- and off -site improvements ("Private Improvements") including installation of storm sewer not located in the street right of way, boulevards, traffic signs, yard top soil, sod and seed in all yards, grading control per lot, bituminous or concrete driveways and parking lots, and like items as necessary, street cleanup during project development, and erosion control, all as required by City ordinance. All yard areas shall be sodded with grass or landscaped in accordance with the attached Landscaping Plan. In all cases permanent turf or grass must be established over all areas of the lot not covered by a hard or impervious surface. Erosion control, drainage swales and berming, shall be installed upon initial grading of the Subject Property. The grading of the Subject Property shall be performed in accordance 5 with the Grading and Drainage Plan for the Subject Property attached hereto as Exhibit F. B. Developer agrees to have all utilities installed at its expense according to the Utility Plan and the Storm Sewer Plan for the Subject Property as attached as Exhibits K and L, respectively. C. Notwithstanding the requirements of subparagraph 3A above, the Developer shall install to the City's satisfaction said Private Improvements for said Subject Property prior to 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 1 st and before March 30th in any given year, in which case a certificate of occupancy shall be issued if all Private Improvements except landscaping and sod have been installed. In such cases, the owner of the lot shall cause the required landscaping and sod to be installed by the first June 30`h following the issuance of the occupancy permit. 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 $579,282, representing the sum of 100% of the estimated cost of the Municipal Improvements ($316,962), 50% of the cost of selected Private Improvements, ($33,000), $1,500 per acre for erosion and sediment control over 12.88 acres ($19,320) and 150% of the estimated cost for landscaping/screening materials ($210,000). Said letter of credit or surety must meet the approval of the City attorney as to form and issuing bank (the issuing bank must be an FDIC insured bank located within 100 miles of the City of Albertville or located within the Kansas City Missouri greater metropolitan statistical area), and must be available in its entirety to fulfill the obligations of the Developer under this Agreement. The letter of credit to the City shall contain language requiring its automatic renewal prior to December 31 of each calendar year, unless the issuer of the letter of credit provides written notice to the City at least 45 days prior to the expiration of the letter of credit of the issuer's intent not to renew the letter of credit. Said letter of credit shall be provided to the City prior to the issuance of a building permit for the Subject Property. C41 B. The City may draw on said letter of credit or surety to complete work not performed by Developer (including but not limited to Private Improvements, Municipal Improvements and Landscaping 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. Said letter of credit must be maintained by Developer at all times at the level provided in paragraph 4.A above or a lesser amount authorized by the City Council pursuant to paragraph 5.13 below. 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 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. 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. E. In the event a surety referred to herein is in the form of an irrevocable letter of credit, which by its terms may expire or 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 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 7 its issuance. Developer shall maintain said letter of credit in the amount required by the City at all times. F. In the event the Developer files bankruptcy or in the event a bankruptcy proceeding is filed against Developer by others and is not dismissed within 60 days, or in the event a court appoints a receiver for the Developer, the City may draw on its letter of credit or surety in its full amount to secure its surety position. The City shall then release the remainder of said letter of credit or surety to the bankruptcy court or receiver in the same manner that it would be required to release the letter of credit under this Agreement. 5. Surety Release. A. Periodically, as payments are made by the Developer for the completion of portions of the Municipal Improvements, Private Improvements or Landscaping, 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, Private Improvements or Landscaping 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: i. When another acceptable letter of credit or surety is furnished to the City to replace a prior letter of credit or surety. ii. When all or a portion of the required 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 first year of the warranty period and 5% of the estimated construction price of the Municipal Improvements during the second year of the warranty period. iii. When all or a portion of the landscaping improvements have been installed pursuant to the Landscaping Plan for the Subject :� Property attached as Exhibit D, the letter of credit or surety may be reduced by the dollar amount attributable to that portion of such landscaping improvements installed, except the City shall retain the letter of credit or surety in the amount of 25% of the estimated Landscaping Improvement costs for two years from the time of the installation of said landscaping materials. iv. 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 City shall act upon Developer's letter of credit reduction requests within 35 days of submission of a written request for reduction. 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. 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 Subject Property, 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 the Subject Property to the point where undeveloped grounds are level and covered with permanent vegetation sufficient to prevent continuing soil erosion from the Subject Property and to facilitate mowing of the Subject Property. 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 the Subject Property, as well as all reasonable engineering expenses incurred by the City in designing, approving, installing, and 6 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 the Subject Property without objection. 8. Development Related Fees and Credits. A. Storm Water Utility Connection Charge. Developer agrees that the City's Storm Water Utility Connection Charge Ordinance requires the Developer to pay $1,500 per acre for all acres included in said Lots 1 and 2 upon application for a building permit on said Lots 1 and 2. There are 11 acres in Subject Property (12.88 less 1.88 existing ponding) to which the Storm Water Utility Connection Charges apply, which received final plat approval (said Lots 1 and 2, but excluding outlot). Therefore, the Storm Water Utility Connection Charge for the numbered lots receiving final plat approval is $19,320. B. SAC and WAC Charges. Developer agrees that the City's Sewer Access Charge ("SAC") and Water Access Charge ("WAC") ordinances require the Developer to pay applicable SAC and WAC upon application for a building permit on said Lots 1 and 2. 9. Erosion and Siltation Control. Developer shall implement all erosion control measures detailed in the Storm Water Pollution Prevention Plan ("SWPPP") attached as Exhibit K and on the Grading and Drainage plan (including construction of all temporary and permanent ponds) attached as Exhibit F in the order required by the City Engineer. Developer shall also implement any additional erosion control measures required by the City Engineer, and shall abide by all erosion control requirements contained in the Albertville Subdivision ordinance and as required by the NPDES Construction Stormwater Permit for the project. The parties recognize that time is of the essence in controlling erosion. If the Developer does not comply with the erosion control plan and/or the requirements of the NPDES Construction Stormwater Permit, the City may take such action as it deems appropriate to control erosion, and the landowner hereby grants the City permission to enter upon the Subject Property and take such necessary erosion control actions. The City will endeavor to notify the Developer in advance of any proposed action, but failure of the City to do so will not affect the Developer's and City's rights or obligations hereunder. If the Developer does not reimburse the City for any cost the City incurred for such work within thirty (30) days, the City may draw down the letter of credit to pay any costs 10 or may specially assess the Subject Property for the costs not covered by the letter of credit. No development will be allowed and no building permits will be issued unless the development is in full compliance with the erosion control requirements. 10. Drainage Requirements. Developer shall comply with all requirements set forth for drainage into any county ditch or other ditch through which water from the 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. 11. 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, sanitary sewer or storm sewer when said damage occurs as a result of the activity which takes place during the development of the Subject Property. 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 the Subject Property. 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 the Subject Property 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 the Subject Property will be repaired within 14 days of notice to the Developer provided by the City 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 the Subject Property and/or take necessary legal action to recover such costs and the Developer agrees that the City shall be entitled to attorney's fees incurred by the City as a result of such legal action. 12. Temporary Easement Rights. 11 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 Agreement 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 Agreement. 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 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 Agreement shall run with the land and shall be recorded against the title to the property. F. The Developer represents to the City that the Subject Property and its related submissions (including but not limited to the grading plan, utility plan, and site plan) complies with all City, county, state and federal laws and regulations, including but not limited to: subdivision ordinances, zoning ordinances, and environmental regulations. If the City determines that the Subject Property 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 the Subject Property, 12 provided that Developer shall provide an executed mortgage subordination agreement from all mortgage holders subordinating such mortgages to the terms of this Agreement. 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 Wright County Soil and Water Conservation District and/or the City and any applicable provisions of State or Federal law or regulations. Developer shall obtain all required driveway, utility and other permits as required by either the City Engineer, Wright County and/or the State of Minnesota for the construction of the Municipal Improvements and the On - and Off -Site Improvements. 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 thirty (30) days mailed notice thereof (via certified mail with a courtesy copy sent via email), 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 complete some or all of the Developer's obligations under this Agreement, and 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. The City may also specially assess all said costs incurred upon default against the Subject Property pursuant to the terms of this Agreement. B. Notwithstanding the 30-day notice period provided for in paragraph 14.A above, in the event that a default by 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 13 irreparable harm or safety hazard, and the intended actions of the City to remedy said harm. C. Paragraph 14.A of this Agreement shall not apply to any acts or rights of the City under paragraph 4.E of this Agreement, and no notice need be given to the Developer as a condition precedent to the City 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. D. Breach of any of the terms of this Contract by the Developer shall be grounds for denial of building permits to the properties on the Subject Property. 15. Dedications to the City. A. Municipal Improvement Dedications. The Developer, upon presentation to the City of evidence of good and marketable title to the Subject Property, and upon completion of all construction work and certification of completion by the City Engineer, shall dedicate all drainage and utility easements to the City. Upon acceptance of such dedication, Developer shall provide to the City "As- Builts" (both in paper form and electronic form as required by the City Engineer) of all publicly dedicated utilities, storm sewers, storm water ponds and other Municipal Improvements required under this Agreement. Acceptance by City of any dedication shall occur upon passage of a resolution to such effect by the City Council. B. Park Dedication. Park Dedication for the Subject Property has previously been satisfied and no further park dedication fees are owed on the property at this time. C. Stormwater Retention and Treatment Ponds and Basins. i. Developer shall dedicate drainage and utility easements to the City over all stormwater retention and treatment ponds and basins. Developer shall be required to maintain all such ponds, in accordance with the terms of the Stormwater Maintenance Agreement attached as Exhibit K. 14 ii. Developer shall enter into that Storm Water Maintenance Agreement attached as Exhibit K and shall comply with the terms of such Agreement. 16. 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 the Subject Property 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 attorney's fees. Third parties shall have no recourse against the City under this contract. 17. Assignment of Contract. The obligations of the Developer under this Contract can be assigned by the Developer. However, the Developer shall not be released from its obligations under this contract without the express written consent of the City Council through Council resolution. 18. Limited Approval. Approval of this Agreement by the City Council in no way constitutes approval of anything other than that which is explicitly specified in this Agreement. 19. 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 all reasonable attorney's fees 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. 20. 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. 15 21. 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, and the parties intend this Agreement to replace the right and obligations of the Developer and the City in the Original Developer's Agreement as to Lots 1 and 2 of AVA Second Addition, but the parties do not intend to modify the obligations of any of the parties to the Original Developer's Agreement as to any properties other than said Lots 1 and 2. Modification of this Agreement may occur only if in writing and signed by a duly authorized agent of both parties. 22. 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 or by email (to the Developer) addressed as follows to the following parties: City of Albertville c/o City Clerk P.O. Box 9 Albertville, MN 55301 Telephone: (763) 497-3384 Medart, Inc., Attn: David A. Strubberg 124 Manufacturers Drive Arnold, MO 63010 Telephone: 636-236-7557 Email: dastrubberg@medartinc.com 23. Agreement Effect. This Agreement shall be binding upon and extend to the representatives, heirs, successors and assigns of the parties hereto. LG CITY OF ALBERTVILLE By Its Mayor B VMA e Its Clerk STATE OF MINNESOTA ) ) ss. COUNTY OF WRIGHT ) The foregoing instrument was acknowledged before me this L+4 '1 day of c,UAb , 2024, by Jillian Hendrickson 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. Q7Wz MaegNoa PrAi ublic cker 0 Minnesota 3120Z6 "' myum Notgry Public STATE OF MINNESOTA ) ) ss. COUNTY OF WRIGHT ) The foregoing instrument was acknowledged before me this � day of ' UAp, , 2024, by Kris Luedke, 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. IIry •• ��� Maeghan Marie Becker Notary Public ` Minnesota ;r+; �°`Coaian EesJanu�ry 31, 2016 Public Nota 17 MEDART, INC. r Its: �Z�j5,E'rr STATE OF MISSOURI ) t ) ss. COUNTY OF4:b The foregoing instrument was acknowledged before me this ZP day of 2024, by Mike Medart as `.g f of Medart, Inc.., a corporation, on behalf of the corporation. a Notary ;Pfic DRAFTED BY: Court & Ruppe Law Office P.O. Box 369 St. Michael, MN 55376 (763) 497-1930 Kimberly A Cupp NSerl STATE Public OF MN,;tUR Jefferson County My Commission Expires Jan. 24. 2025 Cotttmissian # 134'I77S1 18 m M.- .0 Oc v z! 31 is > r m w i. m % r ;Jo r m C) cn z rmn EXHIBIT B TO DEVELOPER'S AGREEMENT DRAINAGE AND UTILITY EASEMENT Medart, Inc., a Missouri corporation, Grantor, for valuable consideration, receipt of which is hereby acknowledged, does hereby convey and warrant to the City of Albertville, a municipal corporation under the laws of the State of Minnesota, Grantee, for drainage and utility purposes, together with the unrestricted right to improve the same, free and clear of all encumbrances, the following described permanent drainage and utility easements over, across and under real estate on Lots 1 and 2, AVA Second Addition, according to the plat of record Wright County Recorder's Office, Wright County, Minnesota, as described and depicted on the attached Easement Exhibit 1. MEDART, INC. By: J. Mike Medart Its: President STATE OF MISSOURI ) ) ss. COUNTY OF JEFFERSON) The foregoing instrument was acknowledged before me this day of 52024, by Mike Medart as President of Medart, Inc.., a Missouri corporation, on behalf of the corporation. Notary Public This instrument was drafted by: Couri & Ruppe, P.L.L.P. P.O. 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WHEREAS, the Developer is the fee owner of certain real property situated in the City of Albertville, County of Wright, State of Minnesota legally described as Lots 1 and 2, AVA Second Addition, according to the plat on file at the Wright County Recorder's Office, Wright County, Minnesota (hereinafter referred to collectively as the "Subject Property") which the Developer has obtained the approval of the City for the development thereof; and WHEREAS, the City has required that the Developer make provision for the construction, maintenance and repair of the Ponds (collectively "Stormwater Ponds") located within the boundaries of the Subject Property and shown on the attached Exhibit A, as the same is described and depicted in those certain construction plans drawn by Landform, and dated February 13, 2024 and on file with the City Clerk ("Plans"). WHEREAS, the City and Developer desire to set forth their understanding with respect to the construction, repair and maintenance of the Stormwater Ponds and the responsibility relating to the costs of the repair and maintenance of the Stormwater Ponds. NOW THEREFORE, in consideration of the foregoing facts and circumstances, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows: 1. Construction and Maintenance of Stormwater Ponds. The Developer agrees to construct the Stormwater Ponds according to the Plans and repair and maintain the Stormwater Ponds at its sole cost and expense. Maintenance of the Stormwater Ponds shall mean (i) monthly inspections of the Stormwater Ponds and, if necessary, removal of all litter and debris, and replacement of mulch, vegetation, and eroded areas to ensure establishment of healthy functioning plant life therein; and (ii) an annual inspection, and certification, by a qualified individual or company acceptable to the City that the Stormwater Ponds are functioning in accordance with the approved plans and have maintained the proper operation of the stormwater treatment as a Stormwater Ponds according to the City Standards. If, as a result of an inspection by a qualified individual or company acceptable to the City or City staff, it is determined that the Stormwater Ponds (1) have not been maintained; or (2) are not functioning as originally designed and intended; or (3) are in need of repair, the Developer agrees to restore the Stormwater Ponds so that they function as they were designed and intended. The Developer further agrees that it will not use the Stormwater Ponds for snow storage and will inform its snow removal contractors of this provision of the Agreement. Developer shall be solely responsible for the repair and maintenance of the Stormwater Ponds located on the Subject Property, including all costs to repair and maintain said Ponds. 2. Developer's Default. In the event of default by the Developer as to any of the work to be performed by it hereunder, following at least thirty (30) days prior written notice and Developer's failure to cure such default within such time -frame, except in an emergency as determined by the City, the City may, at its option, perform the work and the Developer shall within 30 days of receipt of an invoice and reasonable substantiation of such costs, reimburse the City for any reasonable out-of-pocket expense incurred by the City. This Agreement is a license for the City to act when so authorized under this Agreement, and it shall not be necessary for the City to seek a Court order for permission to enter the Subject Property. The City may, in addition to its other remedies, assess the reasonable out-of-pocket cost in whole or in part against the Subject Property, certify the costs against the Subject Property pursuant to Minn. Stat. 366.012, or take any other action authorized by law to collect such costs from Developer. 3. Terms and Conditions. This Agreement shall run with the land and shall be binding upon Developer's successors and assigns with respect to the Subject Property. The terms and conditions of this Agreement shall be binding upon, and shall insure to the benefit of, the parties hereto and their respective successors and assigns. IN WITNESS WHEREOF, the parties hereto have caused this document to be executed as of the day and year first above written. CITY OF ALBERTVILLE BY: Jillian Hendrickson, Mayor _►I Kris Luedke, City Clerk STATE OF MINNESOTA ) ) ss. COUNTY OF WRIGHT ) The foregoing instrument was acknowledged before me this day of , 2024, by Jillian Hendrickson and by Kris Luedke, the Mayor and City Clerk, respectively, of the City of Albertville, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. NOTARY PUBLIC MEDART, INC. By: J. Michael Medart Its: President STATE OF MISSOURI ) ) ss. COUNTY OF JEFFERSON ) The foregoing instrument was acknowledged before me this day of , 2024, by J. Michael Medart the President of Medart, Inc., a Missouri corporation on behalf of the corporation. This Instrument Drafted by: Mike Couri Couri & Ruppe Law Office P.O. 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