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1992-08-27 Developer's AgreementDEVELOPER'S AGREEMENT Barthel's Commercial Park THIS AGREEMENT, entered into 1992 by and between Donald G. (collectively referred to as ALBERTVILLE, County of Wright, referred to as "City"; WITNESSETH: this 27th day of August , Barthel and Betty L. Barthel "Developer"), and the CITY OF State of Minnesota, hereinafter 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 for development, and which subdivision, which is the subject of this agreement, is intended to bear the name Barthel Commercial Park and may sometimes hereinafter be referred to as the "Subject Property", "Said Plat", "Plat", "Platted Property" or individually by the lots to be platted within said Commercial Park; and WHEREAS, the City has given preliminary approval of Developer's plat of May 7, 1992 (attached hereto as Exhibit "B") contingent upon compliance with certain City requirements including, but not limited to, matters set forth herein; and WHEREAS, the City requires that certain improvements including, but not limited to drainage and paved access be installed to serve the Subject Property and other properties affected by the development of Developer's land, to be financed by the Developer; 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; NOW, THEREFORE, IT IS HEREBY AND HEREIN MUTUALLY AGREED, in consideration of each party's promises and considerations herein set forth, as follows: 1. Developer to Construct Improvements. A. Developer shall construct and install curb and gutter on that portion of Lot 1, Block 2 and Lot 1, Block 1 of Barthel Commercial Park abutting the proposed 60th Street N.E., construct a 9-ton road to City specifications as described and including those utilities as described in paragraph 2(B) below, said road construction abutting the North portion of said Lot 1, Block 2 (road area shown on 1 LLlZe.9 the Preliminary Plat as 60th St. N.E.) with either bituminous or concrete surfacing. The Developer shall also landscape said lot with trees in the size and type as required by the City Engineer or City Building Inspector, construct drainage swales and berming, install sod or seed and like items, and implement necessary erosion control procedures. Developer agrees to pave said Lot 1, Block 2, but said paving may consist of gravel of such type and quantity as approved by the City Engineer until such time as Developer constructs a second warehouse storage or similar building, at which time (i.e. prior to occupation of additional building) Developer must lay bituminous or concrete surfacing on all graveled areas of said Lot 1 and all other ground areas of the lot which are to be used in conjunction with any warehouse storage or similar buildings on the premises. Developer agrees that as each additional building is constructed, bituminous or concrete surfacing will be laid for use with such building prior to occupation of each said new building. B. Developer shall cause to be constructed a 9-ton road, built to City specifications, abutting each additional lot in Barthel Commercial Park that is platted. Said road shall be constructed at Developer's expense and shall be built as soon as possible after plat approval by the City, but before any structures are erected on the newly platted property. Prior to construction of said road, the City must approve the design and location of said road, it being agreed that said road shall eventually connect with Lachman Ave. N.E., and that the entire area of said road connecting to Lachman Ave. N.E. must be paved by Developer according to City Wes specifications at such time as�e W1 rn feet of roadway (as measured from the eaBeerl5j edge of Said Plat down the center of said road) has been paved. With regard to all roads within Said Plat, Developer r& Vshall dedicate to the City ten (10) feet of easement on either side of the road for utility purposes and shall dedicate to the City sixty (60) feet of right of way for the road itself. The paved surface of the road shall be forty-four (44) feet wide. In addition, the Developer shall install concrete curb and gutter, water mains, storm sewer and sanitary sewer, as required by the City Engineer and all designed to City specifications, prior to paving of the road. Said road, easements and rights - of -way shall be dedicated to the City upon completion of construction. Acceptance shall occur upon approval and acceptance of the road by the City engineer and the City Council. The Developer agrees to pay for the cost of said road, and agrees to pay all costs incurred by the City in constructing said road as detailed in paragraph 2 L� 2 below. IT IS AGREED THAT THIS OBLIGATION SHALL ACT AS A COVENANT IN FAVOR OF THE CITY AND SHALL RUN WITH THE LAND ON ALL PARCELS OF SAID PLAT. In the event Developer sells any portion of Said Plat affected by this paragraph, the purchaser of such land shall assume the duties and responsibilities of Developer as to the improvements required under this agreement. C. Developer shall, at its own expense, cause street lights to be installed of such type and at such locations as required by the City Engineer. D. Prior to constructing any improvements on Lot 1, Block 2, Developer shall submit an erosion plan to the City for approval by the City Engineer. Developer agrees to implement those erosion control measures as required by the City Engineer prior to disturbing the surface of Lot 1, Block 2. 2. Authorization to Construct Improvements and to Assess Costs of Improvements to Barthel Commercial Park Land. A. Developer agrees that it shall make such improvements as described in paragraphs l(A) and 1(B) above at the time and in the form as described in paragraphs 1(A) and l(B) above. If Developer does not cause said improvements to be constructed, Developer hereby authorizes the City to enter upon Developer's land and construct all said improvements described in paragraphs 1(A) and 1(B) above. Developer agrees to pay for all said improvements, whether constructed by Developer or by the City, including all construction costs, engineer's fees, attorney's fees, planner's fees, bonding costs, capitalized interest, and such other costs as are incurred by the City in constructing and assessing said improvements. Developer agrees to pay the City (if City makes said improvements) within 30 days of the date on which the bill is mailed by the City to the Developer. This authorization notwithstanding, the city shall not be obligated to construct said improvements, but it may elect to do so upon request or upon its own initiative. B. If Developer fails to pay the City within thirty (30) days of billing for said improvements authorized in paragraph 2(A) above, Developer hereby petitions the City to construct said improvements and hereby authorizes the City to specially assess one hundred percent (100%) of the cost of said improvements to any portion of the lands or to all lands in Barthel Commercial Park owned by Developer as of the date of this agreement. SAID AUTHORIZATION TO CONSTRUCT IMPROVEMENTS AND TO SPECIALLY 91 WCR ASSESS SAID IMPROVEMENT COSTS SHALL RUN WITH THE LAND AND SHALL BE BINDING UPON FUTURE OWNERS OF ANY SAID PARCELS NOW OWNED BY THE DEVELOPER. DEVELOPER AND ALL FUTURE OWNERS OF ANY PARCEL IN BARTHEL COMMERCIAL PARR HEREBY WAIVE ANY OBJECTION TO BEING ASSESSED 100% OF THE COST OF THE PROJECT AGAINST THE ABOVE DESCRIBED PROPERTY, AND DEVELOPER AND ALL FUTURE OWNERS OF ANY PARCEL IN BARTHEL COMMERCIAL PARR HEREBY WAIVE THEIR RIGHT TO APPEAL SAID SPECIAL ASSESSMENT TO THE DISTRICT COURT HEREIN, PURSUANT TO MINNESOTA STATUTE 429.081. 3. Surety and City's Right to Withdraw Funds. A. The Developer shall provide the City with cash, approved irrevocable letter of credit or other satisfactory surety in the amount of nineteen thousand, nine hundred thirty- three dollars ($19,933.00). Said surety shall be in a form and from an issuer acceptable to the City Attorney. Said surety shall be provided to the City as a guarantee that the improvements required in paragraphs 1(A) and 1(B) shall be constructed and paid for by Developer. If Developer fails to construct said improvements, the City may, at its option, cause all such required improvements to be constructed at Developer's expense and draw upon said surety to pay for all or a portion of said improvements. Said right to draw upon said surety shall be in addition to and may be exercised simultaneously to the City's right to assess all or a portion of the cost of said improvements to any or all properties within Said Plat. B. 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 to enable the City to pay any debt service payments incurred as a result of the development of the subject property and construction of the improvements detailed in paragraph 1 above, including principal and interest, as such payments come 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 payments) 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. Any 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 4 WCA 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. The City may draw on said surety for cash flow purposes to supplement the Developer's payments when Developer is delinquent in the payment of said special assessments or for other purposes as enumerated elsewhere in this agreement. 4. Surety Release. A. The Developer may request of the City a reduction or release of any surety provided for in conjunction with the improvements described in Paragraph 1 above, as follows: i. When another acceptable surety is furnished to the City to replace a prior surety. ii. When the final cost amount minus previous payments becomes less than the surety provided, thus allowing the surety to be reduced to a sum commensurate with the remaining amount of the project. iii. No reduction shall be made which would result in the surety held being less than thirty-five percent (350) of the original surety until the final costs are known. iv. The Council may, at its discretion, release all or a portion of the surety upon payment of seventy- five percent (750) of all outstanding assessments (if any) and upon completion of all non -assessable improvements described in Paragraph 1 above. B. The City's costs for processing any reduction request shall be billed at $30 per hour plus any professional fees incurred by the City, with a minimum of one (1) hour per reduction, and shall be billed to the Developer and paid to the City within thirty (30) days of billing. 5. 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 9 won 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. 6. Draw on Expiring Letter of Credit. In the event a surety or other form of guarantee referred to herein is in the form 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 Attorney prior to its issuance. 7. Park Dedication Fees. Developer agrees to pay park dedication fees to the City for Lot 1, Block 2 of 5% of the fair market value of Lot 1, Block 2, (land only) such fair market value to be determined by the City Council based upon the value of the "raw" land, zoned as commercial land, prior to the construction of any improvements. The Council shall determine the valuation of the land using the tax assessor's first reassessment of Lot 1, Block 2 as commercial land, and shall adjust, if necessary, for the value of any improvements added by the Developer. Developer or its heirs, successors, or assigns agree to pay additional park dedication fees to the City as required by ordinance for Outlot A at such time as Outlot A is replatted in whole or in part. 8. 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 R won 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, 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 assess any such costs against any or all of the Platted Property. 9. Developer To Pay City's Costs and Expenses. It 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, as well as any costs incurred by the City in furtherance of the Plat or any of its developments. Developer shall not be responsible for attorney's fees directly attributable to the drafting and amendment of the City ordinance relating to mini -storage warehouses. Developer authorizes the City to specially assess these costs if the Developer fails to pay these costs within 30 days of submission of a bill by the City. 10. 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 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 to clean up, 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 7 WCA 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 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, the Developer hereby authorizes the City to specially assess the costs of such activity against any or all of the parcels in Said Plat. 11. Temporary Easement Rights. 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. 12. Miscellaneous. A. 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. B. 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 act as a waiver or release of any of the provisions of this agreement. C. This Contract shall run with the land and is to be recorded against the title to the property. After the Developer has completed the work required of it under this Contract, including the construction of all improvements described in paragraph 1 above, the City will execute and deliver to the Developer a release upon request by the Developer. D. Developer agrees to observe all setback, height, building, and other applicable restrictions as contained in the Albertville City Ordinances. Building setbacks shall be measured from the edge of the road right-of-way easement. 8 WCA 13. 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, and if such default is not cured within said thirty (30) day period, the City is hereby granted the right and 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. The City is hereby authorized to then specially assess all amounts due under this agreement against the Developer. The City may also 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. B. Breach of any of the terms of this Contract by the Developer shall be grounds for denial of building permits on any or all Platted Properties. 14. Phased Development. If the plat is a phase of a multi -phased preliminary plat, the City may refuse to approve final plats of subsequent phases until improvements specified in paragraph 1 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 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. 15. 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 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 attorney's fees. Third parties shall have no recourse against the City under this contract. 7 WOR 16. Developer Personally Bound by Contract. Developer shall be personally liable for the fulfillment of all obligations under this Contract. However, Developer may transfer all or part of its ownership interest in Outlot A, and all duties and obligations contained in this agreement with respect to said transferred portion of Outlot A shall be the responsibility of the new owners) of the portion or portions of Outlot A so transferred. 17. Attorney's Fees. The Developer will pay all reasonable attorneys fees incurred by the City and as fixed by the Court in the event a suit or action is brought to enforce the terms of this Agreement. The Developer will also pay all reasonable attorney's 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. 18. Notification Information. Any notices to the parties herein shall be in writing, delivered by hand (to the Clerk for the City) or registered mail (addressed as follows) to the following parties: CITY OF ALBERTVILLE: DEVELOPER: City of Albertville c/o City Clerk P.O. Box 131 Albertville, MN 55301 Telephone: (612) 497-3384 Donald and Betty Barthel P.O. Box 166 Albertville, MN 55301 10 WCP 19. Agreement Effect. This agreement shall be binding upon and extend to the representatives, heirs, successors and assigns of the parties hereto. CITY OF ALBERTVILLE, Its Mayor (acting as) D VELOPER, on 1d G. Barthel Betty/ . Barthel STATE OF MINNESOTA ss. COUNTY OF WRIGHT The foregoing instrument was acknowledged* before me this Z day of S'-�� 1992, by Jim Walsh, Mayor of the City of Albertville, a Minnesota municipal corporation, on behalf of the City and pursuant to the authority of the City Council. Donatus Vetsch acting Notary Public I.aNefta M. Van DWO VO issi NCTARY PUBLIC-Ir MEWTA WRIGHT COUNTY My common Expkes,Aa�s 28.19" 11 as Mayor *CR STATE OF MINNESOTA ) ss. COUNTY OF WRIGHT ) The {foregoing instrument was acknowledged before me this o(4 day of (;i4�-- , 1992, by Linda Houghton, Clerk of the City of Albertville, a Minnesota municipal corporation, on behalf of the City and pursuant to the authority of the City Council. Notary Public ,, g' t.;u f rb?$1ftr1 LN STATE OF MINNESOTA ) ss. COUNTY OF WRIGHT ) The foregoing in trument was acknowledged before me this 4 7114 day of 1992, by Donald G. Barthel and Betty L. Barthel. Rota b is [diOd NMri.Ce,i"'I 0l1 NaMYMIMIC•1MNI�O�fA MINAn COUNTY MrQw�IMNM E� 7�16�7 12 CR a' rt�i� • �L2AfA Y1lAAA) t Y EXHIBIT A That part of the Northwest Quarter of Section 1, Township 120, Range 24, described as follows: Beginning at the Northwest corner of said Section 1; thence East along the North line of said Section 1, a distance of 1235 feet to the Southerly right- of-way line of the Burlington Northern Railroad; thence deflecting to the right 280 581, along said Southerly right-of-way, a distance of 74.3 feet; thence deflecting to the right 620 061, a distance of 718.03 feet; thence deflecting to the right, to a point on the West line of said Section 1, 754 feet South of the Northwest corner of said Section 1; thence North to the point of beginning. Except that part of said Northwest Quarter lying Northwesterly of the centerline on County Road 19. RETURN TO: City of Albertville Box 131 Albertville MN 55301 $17.00 Ck. #006865 13 CFI CE OF C(?t' 3TY rECOROER ?G jT rot -)!#iY. MtNhE5QTt+ 1f ,'D TO BE FILED RECORDED ON 92 OCT 21 AM 89. 13 MARCIA IANT10, CO. FECGROER aY DEPUTY