11/29/2006 Env Bd Packet - Laserfiche WebLink

Home Search

• AMENDED DEVELOPMENT CONTRACT Stoneybrook THIS AGREEMENT made this 27th day of May, 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 Tollefson Development, Inc. whose address is 17271 Kenyon Avenue Suite 103 Lakeville Minnesota 55044 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 Stoneybrook, hereinafter called "Subdivision ", said land is legally described to -wit The East half (1/2) of the Southeast Quarter (1/4), Section 27, Township 31, Range 22, except the East 1 -1/2 rods thereof, according to the United States Government Survey thereof and situate in Anoka County, Minnesota; and WHEREAS, the City Council approved a Development Contract on October 14, 2002, for Phase I of the development; and WHEREAS, the developer is requesting an amendment to said agreement to provide for Final Plat approval on the entire Development in accordance with the provisions of said document; and WHEREAS, the Developer requested that the City construct and finance certain improvements to service the plat; and WHEREAS, the Developer is to be responsible for the installation and financing of certain private improvements within the plat; and WHEREAS, Minnesota Statute 429 provides a method for assessing the cost of City installed improvements to the benefited property.