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CCAgenda_04Apr28
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CCAgenda_04Apr28
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7/14/2009 2:02:42 PM
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• <br />SPACE ABOVE THIS LINE FOR RECORDER'S USE <br />PREPARED BY AND WHEN <br />WHEN RECORDED MAIL TO: <br />Sherman Associates, Inc. <br />233 Park Avenue South <br />Suite 201 <br />Minneapolis, MN 55415 <br />AMENDMENT TO DEVELOPMENT AGREEMENT <br />• THIS AMENDMENT (this "Amendment") is made and entered into as of the 28th day <br />of April, 2003, by and between the Ci a con Hei ts, a mumci orporation <br />(hereinafter referred to as the "City"), d Town Square Senior Apartments LC, a Ynnesota <br />limited liability company (hereinafter referre o as <br />RECITALS <br />A. The City and the Developer are parties to a Development Agreement dated as of <br />July 18, 2003, and filed , in the Office of the Ramsey County Registrar of <br />Titles as Document Number (the "Development Agreement") regarding <br />the real property legally described as follows: <br />Lot 1, Block 1, Falcon Heights Town Square <br />B. The City and the Developer desire to amend the Development Agreement <br />pursuant to the terms and conditions of this Amendment. <br />NOW, THEREFORE, the parties hereto for good and valuable consideration, the receipt <br />and sufficiency of which are hereby acknowledged, do hereby agree as follows: <br />1. The definition of Supplemental Available Tax Increment is amended to read as <br />• follows: <br />
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