2004-12-02 Karston Cove Purchase
WOODSIDE COMMUNITIES~
OF MINNESOTA INC
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December 2, 2004
Larry Kruse
City of Albertville
5967 Main Avenue NE
PO Box 9
Albertville, MN 55301
Dear Mr. Kruse:
Woodside Karston Cove, LLC requests to have an item placed on the December 20, 2004
City Council Meeting.
TheKarston Cove town home project has received an offer of purchase. Since this
project is only partially completed, it is requested that the remainder of the development
agreement be assigned to the buyer. At this point a purchase agreement is not signed so
the buyer will not be disclosed, but it is expected that a purchase agreement will be
signed shortly. If for some reason a purchase agreement is not signed by the
20th City Council meeting, this item could be removed from the Council Agenda.
Please contact me if you need any
development agreement.
for the assignment of
According to Section 18 of the development agreement, the agreement can be as
with consent of the City Council through resolution. This is the action
requested to be added to the council
Since~~l.Y,
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Woodside Communities 0
763-772-1017
13736 N,E, Johnson Street. Ham Lake, MN 55304
tel: 763]57.4052 fax: 763]57.4094