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• <br />CITY OF LINO LAKES, MINNESOTA <br />SITE IMPROVEMENT PERFORMANCE AGREEMENT <br />THIS AGREEMENT made this 11th day of January 2010, is by and between the <br />City of Lino Lakes, whose address is 600 Town Center Parkway, Lino Lakes, Minnesota <br />55014, a municipal corporation organized under the laws of the State of Minnesota, <br />hereinafter referred to as the "City ", and Dean Quimby, whose address is 335 Thomas <br />Street, Lino Lakes Minnesota, 55014, hereinafter referred to as the "Developer ". <br />WHEREAS, the Developer has received approval of Site Development Plans, <br />hereinafter called the "Plans ", by the City on the 11th day of January 2010, by Resolution <br />No. 10 -1 (Exhibit A), and in accordance with the Plans all of which are made a part <br />hereof by reference. In consideration of such approval, the Developer, its successors and <br />assigns, does covenant and agree to perform the work as set forth in the Plans, in the <br />aforesaid approval, and as hereinafter set forth upon the real estate (hereinafter referred to <br />as "Property ") described as follows: <br />THAT PRT OF SW1 /4 OF SW1 /4 OF SEC 17 TWP 31 RGE 22 DESC AS FOL: BEG <br />AT INTER OF S LINE OF N 300 FT OF SD 1/4 1/4 & WLY R/W LINE OF LAKE DR, <br />TH S 25 DEG 20 MIN 49 SEC W, ASSD BRG, ALG SD R/W LINE 127.34 FT, TH N <br />64 DEG 39 MIN 11 SEC W 272.63 FT, TH N 25 DEG 20 MIN 49 SEC E 160 FT, TH S <br />64 DEG 39 MIN 11 SEC E 272.63 FT TO SD WLY R/W LINE, TH S 25 DEG 20 MIN <br />49 SEC W ALG SD WLY R/W LINE 32.66 FT TO POB, (AKA PRT OF LOTS 1 & 2 <br />AUD SUB NO 54), SUBJ TO EASE OF REC <br />NOW, THEREFORE, in consideration of the mutual promises of the parties made <br />herein, <br />IT IS AGREED BY AND BETWEEN THE PARTIES HERETO: <br />I. DESIGNATION OF IMPROVEMENTS. <br />A. Improvements on the project site to be installed at the Developer's <br />expense by the Developer as hereinafter provided are hereinafter referred <br />to as "On -site Work ". <br />B. Improvements off the project site to be installed at the Developer's <br />expense by the Developer as hereinafter provided are hereinafter referred <br />to as "Off -site Work ". <br />II. ON -SITE WORK. <br />January 11, 2010 The Boarhouse at 7317 / 7319 Lake Drive - Performance Agreement Page 1 of 8 <br />