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2000-10-09 Copy of CUP/PUD Development Agrmt . ~~ @9J~ "I' CITY OF ALBERTVILLE CONDITIONAL USEIPLANNED UNIT DEVELOPMENT AGnEE1\1ENT ALBERT VILLAS SECOND ADDITION THIS AGREEMENT, entered into this t{Z{ day of 0 zaf~ , 2000 by and between EDINA DEVELOPMENT CORPORATION refened to herein as "Developer"; and the CITY OF ALBERTVILLE, County of Wright, State of Minnesota, hereinafter refened to as "City"; . WITNESSETH: WHEREAS, Deve19per is the fee owner of the real propeI1y described in the attached Exhibit A, which real propelty is proposed to be subdivided and platted for development, and which subdivision, which is the subject of this Agreement, is intended to bear the name "AlbeIt Villas Second Addition" and shall hereinafter be refened to in its entirety as "Said Plat" or "Subject Propel1y"; and WHEREAS, Developer intends to subdivide 40.85 gross acres into 78 single-family residential lots for purposes of constructing 78 single-family residential units; and WHEREAS, approval of a Conditional Use Permit/Planned Unit Development is required to allow for the aforementioned subdivision proposed by Developer; and WHEREAS, the City has given preliminmy approval of Developer's plat of Albert Villas Second Addition contingent upon compliance with certain City requirements 4 including, but not limited to, matters set f011h herein; and . WHEREAS, the City requires that celtain public improvements including, but 110t limited to bituminous street, curb and gutter, grading, drainage, sanitary sewer, water and . . .' storm sewer (hereafter "Municipal Improvements") be installed to serve the Subject Property and be financed by Developer; and WHEREAS, the City fi1l1l1er requires that celtain on- and off-site improvements be installed by the Developer within Said Plat, which improvements consist of boulevards, top soil and sod, grading control per lot, bituminous or concrete driveways, parking lot, drainage swales, benning, street signs, street cleanup during project development, erosion control, and other site-related items; and WHEREAS, this Agreement is entered into for the purpose of setting forth and memorializing for the patties and subsequent owners, the understandings and covenants of the patties conceming the development of the Said Plat and the conditions imposed thereon; NOW, THEREFORE, IT IS HEREBY AND HEREIN MUTUALLY AGREED, in consideration of each palty's promises and considerations herein set fOlth, as follows: 1. Conditional Use Permit. Developer is hereby gratlted a Conditional Use Pennit to allow the development of Said Plat as a Planned Unit Development with flexibility fI-om the strict requirements of the City's Zoning Ordil1anceil1 relation to minimum lot sizes, lot widths and set-back requirements. Unless otherwise explicitly set fOlth in this Agreement, however, Developer must confonn to the requirements of the Albertville Zoning and Subdivision Ordinance, as well as all other applicable land use J'egulations. Developer agrees that the following conditions will be met on a continuing basis: A. A property owners' association is established in compliance with Sections 1100 and 2700 of the City Zoning Ordinance and a property maintenance agreement and declaration of covenants, conditions, and restrictions are approved by the City Attomey and recorded against the title to each lot within Said Plat and shall remain in force tlu'oughout the life of Said Plat. B. All grading, drainage, utility, wetland mitigation, and transportation issues tllat alise dming development of Said Plat shall be subject to review and approval by the City Engineer. C. Trees, shrubs, belms and screening are planted and installed as shown on the landscape pIau attached as Exhibit B. Developer shall promptly replace all landscaping plants which die within two years of planting. 2 . D. Developer shall, at its own expense, construct sidewalks and tTails In the locations shown in the attached Exhibit B. E. The applicant shall file deed restrictions with the Wright County Recorder of Deeds for all lots adjacent to or containing NSP and/or Amoco pipeline easements indicating that no stmctmes can be built within the easement areas. The applicant shall also file deed restrictions with the Wright County Recorder of Deeds for all lots adjacent to or containing wetlands, stOlID water ponds, or which are adjacent to Wright County Ditch No.9 indicating that no stlUctures can be built within 20 feet of wetlands, stOlID water ponds or Wright County Ditch No. 9. All such deed restrictions shall be subject to the approval ofthe City Attomey. F. Prior to the sale of any lot(s) within Said Plat, Developer shall provide the City with a copy of the sales literature identifYing NSP and Amoco easement building restrictions, the required twenty (20) foot wetland setback building restrictions, the location of all future pm.ks within Said Plat, and the location of all sidewalks, trails and easements. Developer agrees that the aforementioned sales literatme will be distributed to all potential lot buyers within Said Plat prior to the sale of any of said lots by Developer. . G. It is the understanding of the Palties t11at Developer does not presently intend to make use of model homes within Said Plat. The Patties acknowledge and agree that should Developer decide to construct any model homes within Said Plat, use of such Model Homes shall be consistent with Section 2200 of the Albeltville Zoning Ordinance. The Palties fillther agree tllat pIior to construction of any model homes, tlle PaIties will enter a model home agreement and that said model home agreement shall be subject to review and approval by the City Attorney. H. The following requirements apply to the Subject Property: ~ Distance . Setback (PUD peliphelY) · Setback (front) · Setback (side-interior) · Setback (side-comer) · Setback (rear) . Wetland Setback 35 feet 30 feet 10 feet 20 feet 30 feet 20 feet from ordinary high- water mark. .' 3 . 2. Construction of Municipal Improvements. . A. The Developer shall construct those Municipal Improvements located on and off Said Plat as detailed in the Plans and Specifications for Albertvillas, as prepared by E.G. Rud & Sons, Inc. dated August 7, 2000 and on file with the City Clerk, said improvements to include installation of bituminous street, curb and gutter, water mains, sanitary and stonn sewers, stonn water ponding and site grading. All such improvements shall be constructed according to the standards adopted by the City, along with all items required by the City Engineer. Unless the City Engineer specifies a later date, said improvements shall be installed by October 3 I, 2001, with the wear course of bituminous pavement to be installed after May 15,2002, but before June 30,2002. B. The Developer WatTants to the City for a peIiod of two years iI-om the date the City accepts the fmished Municipal Improvements that all such improvements have been constructed to City standards and shall suffer no significant imp ailments, either to the stlUcture or to the sUlface or other usable areas due to improper constlUction, said wananty to apply both to poor materials and faulty workmanship. c. Developer shall provide the City with lien waivers from all contractors and subcontractors engaged to constlUct said improvements on Said Plat. Should Developer fail to provide the City with all applicable lien waivers, the City reseIves the light to draw upon Developer's surety and pay mlY contractors who pelfonned work on any Municipal Improvements and whom Developer has failed to fully pay for the pelfollllance of said work. D. The City shall, at its option, have the City Engineer present on Said Plat for inspection pm]Joses at all times (or such times as the City may deem necessmy) dming the constlUction and installation of said Municipal Improvements. Developer agrees to pay for all costs inclllTed by the City during said inspections. 3. Construction of On- and Off-Site Improvements. A. .' Developer shall constmct all on- and off-site improvements including installation ofboulevat'ds, street signs, traffic signs, yard top soil, sod and seed in aU yards, grading control per lot, bituminous or concrete driveways 4 . and parking lots, drainage swales, belming, and like items as necessaIY, street cleanup dm-ing project development, and erosion control, all as required by City ordinance. Front, side and pOl1ions of the back yards shall be sodded in accordance with the Residential Development Standards as on file with the City Administrator's Office. Those portions of the backyards not required to be sodded may be seeded with grass seed or sodded. In all cases pennanent tuIf or grass must be established over all areas of the lot not covered by a hard or impervious sruface. Said on- and off-site improvements shall be installed no later than October 31, 2003, with the exception of erosion control, drainage swales and belming, which shall be installed upon initial grading of Said Plat. B. Developer shall, at its own expense, cause the following items to be installed within the development, all such items to be installed under ground, within the street light of way or such other location as may be approved by the City Engineer, accessible to all lots and in compliance with all applicable state and local regulations: . 1. Elecuical power supply, to be provided by NOIthem States Power or other such calTier; 11. Natural gas supply, to be provided by Minnegasco or other such Call1er; ", lll. Telephone service, to be provided by Sprint/United Telephone Company or other such catTier; IV. Cable TV service, to be provided by a local catTier; In addition, the Developer shall, at its own expense, cause street lights and street signs to be of such type and to be installed at such locations as required by the City Engineer and in confonnance with the Manual on Unifonn Traffic Control Devices. C. Developer has submitted a utility plan for Said Plat showing all existing and proposed utility lines atld easements, attached hereto and incOlporated herein as Exhibit C. Developer agrees to have all utilities installed according to this Exhibit C. D. Developer shall install silt fencing in back of all curbing within 30 days after said cm-bing is installed, or 7 days after the "small utilities" (gas, phone, 5 .' . . . electrical and cable television) have been installed, whichever occurs sooner. Developer shall be allowed to substitute hay bales for a 22-foot section of silt fencing on each lot for the purpose of allowing constmction vehicles to pass from the street to each lot. No construction vehicles shall pass from the street to the lots except through such designated 22-foot section of hay bales. Developer shall remove all hay bales and silt fencing from each lot as sod is installed upon said lot. E. Notwithstanding the requirements of subparagraph 3A above, the Developer shall install to the City's satisfaction improvements for each lot or parcel prior to the date that a ce11ificate of occupancy (tempormy or pelmanent) is issued by the City for a building located on the lot, unless the cel1ificate of occupancy is issued after October 1st and before March 30th in any given year, in which case a celtificate of occupancy shall be issued only if the owner of the lot has entered into an escrow agreement with the City and provided an escrow for 150% of the estimated cost of said improvements pursuant to City Ordinance. 4. Intended Use of Subdivision Lots. The City and Developer agree that the lots in Said Plat are intended only for single-family residential use in the number and the configuration as aloe shown on the attached Exhibit D. Developer shall construct only single family dwellings in the number alld configuration shown on the attached Exhibit D, unless Said Propel1y is rezoned by the City in the future. Outlots A and 13 shall remain unbuildable unless and until replatted into numbered lots and blocks. Developer represents that it shall replat Outlot 13 in the future as part of a future single-family residential plat. 5. Surety Requirements. A. Developer will provide the City with an inevocable letter of credit (or other surety as approved by the City Attomey) as security that the obligations of the Developer under this contract shall be pelfonned. Said letter of credit or surety shall be in the amount of $865,100 representing the sum of 100% of the estimated cost of the Municipal Improvements ($800,000), 50% of the on alld off-site improvements ($47,400), and 150% of the estimated cost for landscaping/screening materials ($17,700). Said letter of credit or surety must meet the approval of the City attomey as to form and issuing bank. B. The City may draw on said letter of credit or surety to complete work not perfonned by Developer (including but not limited to Oll- and ofT-site 6 . . E. F. .' improvements, Municipal Improvements described above, erosion control, and other such measures), to pay liens on property to be dedicated to the City, to reimburse itself for costs incurred in the drafting, execution, administration or enforcement of this Agreement, to repair or COlTect deficiencies or other problems which occur to the Municipal Improvements during the WaITanty period, or to otherwise fulfill the obligations of Developer under this agreement. C. In the event that any cash, inevocable letter of credit, or other surety referred to herein is ever utilized and found to be deficient in amount to payor reimburse the City in total as required herein, the Developer agrees that upon being billed by the City, Developer will pay within thilty (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 deteImination, 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 Develo}Jer's propel1y for any and all costs incuned by the City in enforcing any of the tenns 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 ofwlitten request by the City. Should the City assess Developer's propelty for said costs, Developer agrees not to contest or appeal such assessment and waives all statutory rights of appeal under Minnesota Statutes, including Minnesota Statute 429.081. That pOltion of said cash, inevocable letter of credit or other surety with respect to the pelfOlmance of Site Improvements shall be released upon celtification of the City Engineer and approval of the City Council that all such items are satisfactOlily completed pursuant to this Agreement. In the event a surety referred to herein is in the form of an ilTevocablc letter of credit, which by its tenns may become null alld void prior to the time at which all monetalY 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 Plior 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 7 . . . a default in the tenns of this Agreement and thence draw in part or in total, at the City's discretion, upon the expiling letter of credit to avoid the Joss of surety for the continued obligation. The fonn of any ilTevocable letter of credit or other surety must be approved by the City Attomey Plior to its Issuance. 6. Surety Release. A. Periodically, as payments are made by the Developer for the completion of pOltions of the Municipal Improvements, On- and Off-site Improvements, and/or Landscaping Improvements and when it is reasonably plUdent, the Developer may request of the City that the surety be propOltionately reduced for that p01tion of the Municipal Improvements which have been fully completed and payment made therefor. All such decisions shall be at the discretion of the City Council. The City's cost for processing reduction request(s) shall be billed to the Developer. Such cost shall be paid to the City within thirty (30) days of the date of mailing of the billing. B. The Developer may request of the City a reduction or release of any surety as follows: 1. When another acceptable letter of credit or surety is fumished to the City to replace a pIior letter of credit or surety. ll. When all or a pOltion of the Municipal Improvements or the 011- and off-site improvements or the Landscaping Improvements have been installed, the letter of credit or surety may be reduced by the dollar amount attributable to that p01tion of improvements so installed, except that the City shall retain the letter of credit or surety in the amount of 10% of the estimated constlUctioll price of the Municipal Improvements dming 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, and the City shall retain the letter of credit or surety in the amOlmt of25% of the estimated lalldscaping costs for two years from the time of the installation of said landscaping matelials. 111. As to all requests brought under this paragraph B, the City Council shall have complete discretion whether to reduce or not to reduce said letter of credit or surety. 8 . . 9. .' C. The costs incurred by the City in processing any reduction request shall be billed to the Developer and paid to the City within thilty (30) days of billing. 7. Abandonment of Project - Costs and Expenses. In the event Developer should abandon the proposed development of the Subject Propelty, 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 allY other expenses undertaken in reliance upon Developer's various representations shall be paid by said Developer within thilty (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 palt, ceases substantial field work for more than nine (9) months, fails to provide sufficient ground-cover to prevent continuing soil erosion from the Said Plat, or f~lils to leave the abandoned propeI1y 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 necessmy to provide ground-cover and othelwise restore Said Plat to the point where undeveloped grounds are level and covered with peImanent vegetation sufficient to prevent continuing soil erosion fi-om Said Plat and to facilitate mowing of Said Plat. In the event that said costs are not paid, the City may specially assess such costs against the lots within Said Plat and/or take necessaIY legal action to recover such costs, including attorneys fees. Developer knowingly and volwltaIily waives all rights to appeal said special assessments under Minnesota Statutes section 429.081. 8. Developer to Pay City's Costs and Expenses. It is understood alld agreed that the Developer will reimburse the City for all reasonable administrative, legal, planning, engineering and other professional costs incwTed ill the creation, administration, enforcement or execution of this Agreement and the approval of Said Plat, as well as all reasonable engineering expenses incUlTed by the City in designing, approving, installing, and inspecting said Improvements desclibed above. Developer af,Trees to pay all such costs within 30 days ofbiIling by the City. If Developer fails to pay said amounts, then the City may specially assess such costs against the lots within Said Plat. Developer knowingly alld voluntmily waives all rights to appeal said special assessments under Minnesota Statutes section 429.08 I. Developer has the right to request time sheets or work records to verifY said billing prior to payment. Erosion and Siltation Control. Before any grading is started on any site, all erosion control measures as shown on the approved erosion control plan shall be strictly complied with as set fOlth in the attached Exhibit D. Developer shall also install all erosion control measures deemed necessary by the City Engincl:/' should the erosion 9 . . 12. .' control plan prove inadequate in any respect. 10. Drainage Requirements. Developer shall comply with all requirements set fOl1h for drainage into any COWIty ditch or other ditch through which water fi'om Subject Propelty may drain, and shall make any necessaty improvements or go through any necessaty 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 propel1y including but not limited to streets, street sub- base, base, bituminous sUIface, curb, utility system including but not limited to watennain, satlitmy sewer or stonll sewer when said damage occurs as a result of the activity which takes place during the development of Said Plat. The Developer fm1her agrees to pay all costs required to repair the streets, utility systems and other public propel1y damaged or cluttered with debris when occurring as a direct or indirect result of the construction that takes place in Said Plat. Developer agrees to clean the streets on a daily basis if required by the City. Developer fUIther agrees that any damage to public property OCCUlTing as a result of constmction activity on Said Plat will be repaired immediately if deemed to be an emergency by the City. Developer fUI1her agrees that any damage to public propelty as a result of constmction activity on Said Plat will be repaired within 14 days if not deemed to be an emergency by the City. If Developer fails to so clean the streets or repair or maintain said public propel1y, the City may undeltake making or causing it to be cleaned up, repaired or maintained. When the City undel1akes such activity, the Developer shall reimburse the City for all of its expenses within thilty (30) days of its billing to the Developer. If the Developer fails to pay said bill within thil1y (30) days, then the City may specially assess such costs against the lots within Said Plat and/or take necessalY legal action to recover such costs and the Developer agrees that the City shall be entitled to attomeys fees incUlTed by the City as a result of slIch legal action. Developer knowingly and voluntalily waives all tights to appeal said special assessments under Minnesota Statutes section 429.081. Temporary Easement Rights. Developer shall provide access to the Subject Propelty at all reasonable times to the City or its representatives for purposes of inspection or to accomplish any necessmy work pursuant to this Agreement. 10 . . .' 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 Contract is for any reason held invalid by a Comt of competent jmisdiction, such decision shall not affect the validity of the remaining portion of this Contract. C. Ifbuilding pelmits are issued Plior 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 palties. 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 palties and approved by written resolution of the City Council. The City's failure to promptly take legal action to enforce this Contract shall not be a waiver or release. E. This Contract shall run with the land and shall be recorded against the title to the propelty. After the Developer has completed all work alId obligations required of it under this Contract, at the Developer's request, the City will execute and deliver to the Developer a release of its obligations under this Agreement. However, at no time shall the City release those provisions of this Agreement which, in the City's sole judgment, contain continuing obligations. Said continuing obligations include, but arc not limited to, pal'agraphs 1,4,8,13,14,15,16,17,18,20,21,25. F. The Developer represents to the City that Said Plat complies with all City, county, state and federal laws and regulations, including but not limited to: subdivision ordinances, zoning ordinances, and environmental regulations. If the City detelmines that Said Plat does not comply, the City may, at its option, refuse to allow constmction or development work in the plat until the Developer so complies. Upon the City's demand, the Developer shall cease 11 . . . work until there is compliance. G. PIlor to the execution of this Agreement and prior to the start of any construction on the Subject Propelty, Developer shall provide the City with evidence of good and marketable title to all of Subject Propelty. Evidence of good and mat"ketable 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 City of Albertville and/or any applicable provisions of State and Federal law. I. The Albertville City Council reselves the light to allocate wastewater treatment capacity in a manner it finds to be in the best interests of the public health, safety and welfare. Developer acknowledges and agrees that the City is cunently in the process of expanding its wastewater treatment plant capacity. Developer fwther acknowledges and agrees that delay in the availability of wastewater treatment plant capacity may occur for some lots located within Said Plat and that such delay ill capacity availability may also delay the issuance of building pennits for some lots within Said Plat. 1. Developer shall not place any stmcture at an elevation such that the lowest grade opening is less than two feet above the highest known slllface water level or ordinalY high water level or less than one foot above the 100-year flood level of any adjacent water body or wetland. If sufficient data on high water levels is not available, the elevation of the line of pennanent aquatic vegetation shall be used as the estimated high water elevation. When fill is required to meet this elevation, the fill shall be allowed to stabilize and constlUction shall not begin until the propelty has been approved by the Building Inspector or a professional soils engineer. 14. Violation of Agreement. A. Except as otherwise provided in this Agreement, upon any default by 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 celtified mail), and if such default is 110t cured within said thirty (30) day period, the City is hereby granted the right and tIlt: pri vilege to 12 . . .' 16. declare any deficiencies governed by this Agreement due and payable to the City in full. The thiIty (30) day notice period shall be deemed to run from the date of deposit iIl the United States Mail. Upon failw-e to cure by Developer, the City may thence immediately and without notice or consent of the Developer complete the Developer's obligations under this Agreement, and specially assess the costs thereof against the lots within Said Plat and/or bring legal action against the Developer to collect any sums due to the City pursuant to this Agreement, plus all costs and attomey's fees incuned in enforcing this agreement. Developer knowingly and voluntarily waives all statutOlY rights to appeal said special assessment under Minnesota Statutes section 429.081. B. Breach of any of the telms oftllis Contract by the Developer shall be grounds for denial of building pelmits and/or revocation of the Conditional Use Pelmit. 15. Dedications to the City. A. Municipal Improvement Dedications: The Developer, upon presentation to the City of evidence of good and mm.ketable title to Subject Property, and upon completion of all constmction work and celtification of completion by the City Engineer, shall make the following dedications to the City: I. DevelOper shall dedicate easements to the City over, under and across all trails, and shall dedicate all parks within Said Plat, if any, to the City, in a fOlm and with legal descIiptions acceptable to both the City Engineer and City Attomey. 2. Developer shall dedicate to the City all streets within Said Plat. B. Park and Trail Dedications: Developer acknowledges and agrees that in order to satisfy the City's park dedication requirements for Said Plat, Developer is required to pay $1,300 per platted lot. There are 78 lots being platted in this phase. Prior to release of Said Plat, Developer shall pay City a cash payment totaling $101,400, an amount representing the total park dedication cash requirement (78 lots x $1,300) for this phase. Phased Development. If the plat is a phase of a multi-phased preliminalY plat, the City may refuse to approve final plats of subsequent phases until public improvements for all prior phases have been satisfactorily completed. Development 13 . . .' of subsequent phases may not proceed until Development Contracts for such phases are approved by the City. Approval of this phase of the Development shall not be construed as approval of future phases nor shall approval of this phase bind the City to approve future Development phases. All future Development phases shall be governed by the City's Comprehensive Plan, Zoning ordinance, Subdivision ordinance, and other ordinances in effect at the time such future Development phases are approved by the City. 17. Indemnity. Developer shall hold the City and its officers atld employees hatmless from claims made by Developer and third pmties for damages sustained or costs incuned resulting from Said Plat approval and development. The Developer shall indemnify the City and its officers and employees for all costs, damages or expenses which the City may payor incur in consequence of sllch claims, including attorney's fees. Third palties shall have no recourse against the City under this contract. 18. Assignment of Contract. The obligations of the Developer under this Contract CatUlot be assigned without the express wlitten consent of the City Council through Council resolution. 19. Limited Approval. Approval of this Agreement by the City Council and issuance of the Conditional Use Pelmit which is the subject of this agreement in no way constitutes approval of anything other than that which is explicitly specified in th is Agreement. 20. 21. Sanitary Sewer and Water Trunk Line Fees. Prior to the City releasing Said Plat, Developer agrees to pay a trunk sewer charge in the amount of $57, I 90, representing $ 1,400 per acre of Said Plat multiplied by 40.85 gross acres contained in Said Plat. In addition, prior to release of Said Plat, Developer agrees to pay a trunk water charge in the amount of $44,935 representing $1, 100 per acre of Said Plat multiplied by 40.85 gross acres contained in Said Plat. Developer agrees to pay said amounts prior to the City's release of Said Plat. Professional Fees. The Developer will pay all reasonable professional fees incuned by the City as a result of City eff01ts to enforce the terms of th is Agreement. Said fees include attomey's fees, engineer's fees, planner's fees, and any other professional fees illcuned by the City in attempting to enforce the terms of this Agreement. The Developer will also pay all reasonable attomey's and professional fees incurred by the City in the event an action is brought upon a letter of credit or other surety fumished by the Developer as provided herein. 14 . . .' 24. 25. 22. Plans Attached as Exhibits. All plans attached to this Agreement as Exhibits are incorporated into this Agreement by reference as they appear. Unless otheIwise specified in this Agreement, Developer is bound by said plans and responsible for implementation of said plans as herein incorporated. 23. Integration Clause, Modification by Written Agreement Only. This Agreement represents the full and complete understanding of the parties and neither patty is relying on any prior agreement or statement(s), whether oral or Wlitten. Modification of this Agreement may occur only if in writing and signed by a duly authorized agent of both pm1ies. Notification Information. Any notices to the patties herein shall be in Wliting, delivered by hand (to the City Clerk for the City) or registered mail addressed as follows to the following pmties: City of Albeltville c/o City Clerk P.O. Box 9 Albeltville, MN 55301 Telephone: (612) 497-3384 Edina Land Corporation 700 Indusny A venue Anoka, MN 55303 Attention: Rick Lewondowski Telephone: (612) 323-9086 Agreement Effect. This Agreement shall be binding upon and extend to the representatives, heirs, successors and assigns of the patties hereto. CITY OF ALBERTVILLE, ts Mayor B;~//) ~ 15 . . .' Its Clerk STATE OF MlNNESOTA ) ) ss. COUNTY OF WRIGHT ) EDINA DEVEL.47T CORPORA nON ,~~ < By Rick Lewondowski Its President The foregoing instrument was acknowledged before me this q +-- day of o c- ~ b ~ r. , 2000, by John A. Olson as Mayor of the City of Albertville, a Minnesota municipal corporation, on behalf of the city and pursuant to the authority of the City Council. /1fU (~ otary Public STATE OF MlNNESOTA ) ) ss. COUNTY OF WRIGHT, ) 'IoMM ,.Jl1e foregoing instrument was acknowledged before me this fd day of ()~ , 2000, by Linda Goeb, as Clerk-Administrator of the City of Albertville, a Minnesota municipal corporation, on behalf of the city and pursuant to the authority of the City Council. {i)S'i MICHAEL c. caUAI NOTARY PUBLIC - MINNESOTA ._..~ My Comlll, I::xp Jan, 31,2005 ~/(~ Notmy Public STATE OF MINNESOTA) ) ss. COUNTYOFWRlGHT ) The foregoing instrument was acknowledged before me this C) t'-- day of () c ~ be ,'? , 2000, by Rick Lewondowski, as President of Edina Development 16 . COIporation. . .' DRAFTED BY: Couri and MacArthur Law Office P.O. Box 369 705 Central Avenue East St. Michael, MN 55376 (612)497-1930 ,. ~ JEFFREY M. CHAISTlAN ,. NOTA AY PUBLIC - MINNESOTA My Comm. Expires Jan. 31, 2005 . . 17 . . dio .2 C"'t ~~ ). ,I- . 1(4) ~ ' Ii ~ ' u . ~I t. ~I i J f 'h 3, ~ J ill;l SJli! 'QI ,~! ~ :,. !:. ,. ',' :: <( I. o -J >. 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