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CCAgenda_05Feb9
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CCAgenda_05Feb9
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7/16/2009 9:52:41 AM
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7/6/2009 1:20:58 PM
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• <br />CERTIFICATE OF COMPLETION <br />CJ <br />WHEREAS, the City of Falcon Heights, a Minnesota municipal corporation (hereinafter <br />referred to as the "City"), and Town Square Senior Apartments LLC, a Minnesota limited <br />liability company (hereinafter referred to as the "Developer") by a Development Agreement <br />dated July 18, 2003 (the "Agreement"), has assisted Developer in the financing of the Minimum <br />Improvements (as defined in the Agreement) constructed upon the following described land in <br />the County of Ramsey, State of Minnesota (the "Development Property"): <br />Lot 1, Block 1, Falcon Heights Town Square, according to the recorded plat in Ramsey <br />County, Minnesota; <br />and ' <br />WHEREAS, the Agreement contained certain covenants and conditions and the <br />Developer has fully and duly performed all of said covenants and conditions insofar as the <br />Developer is able; and <br />WHEREAS, the issuance of this Certificate of Completion by the City is not intended <br />nor shall it be construed to be a warranty or representation by the City as to the structural <br />soundness of the improvements, quality of materials, workmanship or the fitness of the <br />improvements for their proposed use; and <br />NOW, THEREFORE, this is to certify that all building construction and other physical <br />improvements specified to be done and made by the Developer under the Agreement have been <br />completed and all of the covenants and conditions in the Agreement relating thereto have been <br />duly and fully performed by the Developer therein and that the provisions of the Agreement in <br />favor of the City therein are hereby released absolutely and forever insofar as it applies to the <br />construction of the Minimum Improvements on the Development Property, and the County <br />Recorder and the Registrar of Titles, as applicable, in and for the County of Ramsey, State of <br />Minnesota is hereby authorized to accept for recording and to record this instrument, to be a <br />conclusive determination of the satisfactory termination of the covenants and conditions <br />regarding the construction of the Minimum Improvements on the Development Property as <br />provided in the Agreement. <br />S'1 <br />
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