Laserfiche WebLink
17 Al. /\ N <br /> .n . <br /> rj <br /> INDEPENDENT SCHOOL DISTRICT NO. 196/CITY OF APPLE VALLEY <br /> DEVELOPMENT AND SITE USAGE JOINT POWERS AGREEMENT <br /> AGREEMENT, made this .day of , 1995, between the <br /> CITY OF APPLE VALLEY, a Minnesota municipal c6iporation (hereinafter "Apple <br /> Valley") and INDEPENDENT SCHOOL DISTRICT NO. 196, duly organized and <br /> existing under the laws of the State of Minnesota (hereinafter "ISD 196"); and <br /> WHEREAS, the parties have acquired separate interests in approximately 125 <br /> acres of property known as the McNamara Site, located along 140th Street, Ferris Avenue <br /> and Johnny Cake Ridge Road in the City of Apple Valley and graphically shown on <br /> Exhibit"A" attached hereto; and <br /> WHEREAS, Apple Valley has acquired fee title to approximately 72 acres on the <br /> north portion of the property (Parcel B) (with a five-year mining interest retained by the <br /> Vendor for part of the property); and <br /> WHEREAS, ISD 196 has a Purchase Agreement Vendee's interest in <br /> approximately 54 acres south of Apple Valley's property (Parcel A) and has also a <br /> Purchase Agreement Vendee's interest in the above-described retained mining interest of <br /> the Vendor in Parcel B; and <br /> WHEREAS, the parties desire to develop the McNamara Site jointly to include a <br /> high school and a City athletic facility, according to the Minnesota Joint Powers Act; and <br /> WHEREAS, Apple Valley and ISD 196 historically have had a long and positive <br /> working relationship. The joint acquisition and development of the School/City Site <br /> provides Apple Valley and ISD 196 with a unique opportunity to work together in a new <br /> and exciting manner; and <br /> WHEREAS, the joint development of the common site affords both parities <br /> benefits that could not otherwise be provided and that will be valued for the years to <br /> come; and <br /> WHEREAS, working together on this project, Apple Valley and ISD 196 will be <br /> able to save tax dollars and will provide additional services to the area. <br /> NOW, THEREFORE, the parties agree as follows: <br /> 1. TITLE. Upon the acquisition of Parcel A by ISD 196 (together with the <br /> mining interest above described), and upon execution and approval of this Agreement by <br />