11/13/2006 Council Packet - Laserfiche WebLink

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• • • DEVELOPMENT CONTRACT Junes Addition THIS AGREEMENT made this 13th day of November 2006, 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 Wayne Junes whose address is 559 62nd St, Lino Lakes, Minnesota 55014 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 Junes Addition, hereinafter called "Subdivision ", said land is legally described to -wit The South 650.00 feet of the East half of the West half of the Southwest Quarter of the Northeast Quarter of Section 32, Township 31, Range 22, Anoka County, Minnesota, EXCEPT the West 100.00 feet thereof, and EXCEPT the South 40.00 feet thereof; AND The South 650.00 feet of the West half of the East half of the Southwest Quarter of the Northeast Quarter of Section 32 Township 31, Range 22, Anoka County, Minnesota, EXCEPT the North 220.00 feet thereof, and EXCEPT the South 40.00 feet thereof; WHEREAS, the developer is splitting the above described land into three lots, one existing residence and two additional residences. WHEREAS, certain improvements to service the subdivision have been made by a previous development; and WHEREAS, the Developer is to be responsible for the installation and financing of certain private improvements within the subdivision; and WHEREAS, Minnesota Statute 429 provides a method for assessing the cost of City installed improvements to the benefited property.