08/22/2005 Council Packet - Laserfiche WebLink

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• • • DEVELOPMENT CONTRACT Foxborough THIS AGREEMENT made this 22nd day of August, 2005, is by and between the City of Lino Lakes, whose address is 600 Town Center Parkway, Lino Lakes, Minnesota, 55014, a municipal corporation organized under the laws of the State of Minnesota, hereinafter referred to as the "City ", and Royal Oaks Reality whose address is 1000 County Road E. West, Suite 150 Shoreview, Minnesota, 55126, hereinafter referred to as the "Developer ". WHEREAS, the Developer has received preliminary plat approval from the City Council for a plat of land within the corporate limits of the City known as Foxborough Addition, hereinafter called "Subdivision ", said land is legally described to -wit The Northwest Quarter of the Northwest Quarter of Section 33, Township 31, Range 22, Anoka County, Minnesota. AND That part of the Northeast Quarter of the Northwest Quarter of Section 33, Township 31, Range 22, Anoka County, Minnesota, described as beginning at the Northwest coiner of said Northeast Quarter of the Northwest Quarter of Section 33; thence South 89 degrees 52 minutes 21 seconds East, assumed bearing, along the north line of said Northeast Quarter of the Northwest Quarter a distance of 450.00 feet; thence South 15 degrees 58 minutes 24 seconds West 1008.32 feet; thence North 89 degrees 52 minutes 21 seconds West 160.00 feet to the west line of said Northeast Quarter of the Northwest Quarter; thence North 00 degrees 44 minutes 23 seconds West along said west line a distance of 970.11 feet to the point of beginning. AND That part of the Southwest Quarter of the Northwest Quarter of Section 33, Township 31, Range 22, Anoka County, Minnesota described as beginning at the Northwest corner of said Southwest Quarter of the Northwest Quarter of Section 33; thence South 89 degrees 57 minutes 28 seconds East, assumed bearing, along the north line of said Southwest Quarter of the Northwest Quarter a