Laserfiche WebLink
• <br />• <br />• <br />DEVELOPMENT CONTRACT <br />(Site Grading Only) <br />Grandview <br />THIS AGREEMENT made this 13th day of August, 2007, is by and between the <br />City of Lino Lakes, whose address is 600 Town Center Parkway, Lino Lakes, Minnesota, 55014, a <br />municipal corporation organized under the laws of the State of Minnesota, hereinafter referred to as <br />the "City ", and Royal Oaks Realty whose address is 4196 Lexington Ave, Shoreview, Minnesota <br />55126 hereinafter referred to as the "Developer". <br />WHEREAS, the Developer has received preliminary plat approval from the City <br />Council for a plat of land within the corporate limits of the City known as Grandview hereinafter <br />called "Subdivision ", said land is legally described to -wit <br />Tracts B and C, Registered Land Survey No. 182, Anoka County, Minnesota <br />WHEREAS, the Developer has requested approval to commence with site grading <br />activities, and <br />WHEREAS, the City Subdivision Ordinance and Minnesota Statute 462.358 <br />authorize the City to enter into a performance contract secured by cash escrow or other security to <br />guarantee completion and payment of such improvements following final approval; and <br />NOW, THEREFORE, in consideration of the mutual promises of the parties made <br />herein, <br />IT IS AGREED BY AND BETWEEN THE PARI'tES HERETO: that the <br />