04-25-1990 Council Agenda - Laserfiche WebLink

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FILE COPY CLARIFICATION OF PLANNED UNIT DEVELOPMENT AGREEMENT This Clarification of Planned Unit Development Agreement is made and entered into this day of , 1989, between the CITY OF LITTLE CANADA, a Municipal corporation of the State of Minnesota, hereinafter called the "City ", and MINNESOTA MINI - STORAGE II, a Minnesota general partnership, and MINNESOTA MINI - STORAGE, a Minnesota partnership, hereinafter jointly called "Owner ". RECITALS: 1. Owner is the current owner of the real property and improvements located thereon located in the City of Little Canada, Minnesota, and legally described in Exhibit A hereto attached ( "Premises "). 2. The City and a previous owner of the Premises, Tex -Sota Construction, Inc., entered into a Planned Unit Development Agreement dated May 19, 1983 ( "PUD ") affecting the Premises. 3. The PUD was recorded as Document No. 2179690 with the County Recorder's office for Ramsey County, Minnesota on May 31, 1983. 4. The parties hereto wish to clarify the meaning regarding the provisions found under the general heading "Subdivision Requirements" of the PUD. NOW, THEREFORE, in consideration of the foregoing and on the terms and conditions hereafter set forth, the parties agree as follows: 1. Nothing in the PUD and more particularly under the general heading "Subdivision Requirements" found on page 2 of the PUD shall require the approval or consent of the City to a sale, transfer, or the encumbering of the entire Premises. It is understood that City approval is only required in the case of a sale, transfer or encumbrance of less than all of the Premises by Owner, its successors and assigns, to a third party. 2. All of the remaining terms of the PUD, except as clarified herein, shall continue to remain in full force and effect. Pa nn 1117