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10/08/03 <br />DEVELOPMENT CONTRACT <br />THIS CONTRACT, MADE THIS day of , 2003, by and between the <br />City of Little Canada, a municipal corporation of the State of Minnesota (hereinafter referred to <br />as the "City ") and Mathew Galba and Stephanie Galba, husband and wife, and Patrick St. <br />George, a single person, as owners of the property (hereinafter referred to as the "Developer "). <br />WITNESSETH: <br />WHEREAS, Developer is the owner of property situated in the City of Little Canada, <br />County of Ramsey, located at 2576 and 2580 Edgerton Street and legally described in Exhibit A <br />attached hereto. <br />WHEREAS, Developer has recently acquired the subject property. <br />WHEREAS, Developer proposes the construction of certain improvements to said <br />property (hereinafter individually and collectively referred to as the "Required Improvements "). <br />NOW THEREFORE, the City and Developer agree as follows: <br />Contract <br />1. The Developer shall cause to be constructed, at its cost, the Required Improvements <br />according to City ordinances and building codes. <br />2. The Developer shall have no claim against the City and its officers and employees <br />for damages sustained or costs incurred resulting from construction of the Required <br />Improvements. The Developer agrees to indemnify, defend and hold harmless the City, its <br />- 5 - <br />