09/22/2003 Council Packet - Laserfiche WebLink

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• • • DEVELOPMENT CONTRACT Marshan Lakes Industrial Park THIS AGREEMENT made this 22nd day of September, 2003, 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 Glenn Rehbein et. al., whose address is 8651 Naples St. NE Blaine 55449, 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 Marshan Lakes Industrial Park, hereinafter called "Subdivision ", said land is legally described to -wit: That part of the Northwest Quarter of the Southwest Quarter of Section 17, T.31, R.22, Anoka County, Minnesota lying southeasterly of the southeasterly line of said Highway 35W, except that part lying southeasterly of the centerline of Highway No. 8, also known as Lake Drive, and except that part of the south 225 feet of said Northwest Quarter of the Southwest Quarter lying westerly of said centerline and easterly of the west 538.56 feet thereof, and except the south 633 feet of the west 538.56 feet of said Northwest Quarter of Southwest Quarter. And that part of the Southwest Quarter of the Northwest Quarter of Section 17, T.31, R.22, Anoka County Minnesota described as beginning at the southeast corner of said Southwest Quarter of Northwest Quarter; thence North 01 degree, 03 minutes, 45 seconds East, assumed bearing, along the east line thereof 540.91 feet; thence South 85 degrees, 17 minutes, 07 seconds West 268.25 feet; thence South 49 degrees, 06 minutes, 45 seconds West 323.15 feet; thence South 39 degrees, 46 minutes, 14 seconds West 93.39 feet; thence South 76 degrees, 30 minutes, 13 seconds West 236.61 feet to the east right - of -way line of Highway No. 35W; thence South 36 degrees, 03 minutes, 52 seconds West along said right -of -way line 194.69 feet to the south line of said Southwest Quarter of Northwest Quarter; thence South 88 degrees, 34 minutes, 42 seconds East along said south line 905.97 feet to the point of beginning.