2005-039 Council Resolution - Laserfiche WebLink

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DEVELOPMENT AGREEMENT Turnberry Crossing THIS AGREEMENT made this 28th day of March, 2005, 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 Bison Development, Inc. whose address is 9174 Isanti Street N.E., Blaine, Minnesota 55449, hereinafter referred to as the "Developer ". WHEREAS, the Developer has received Conditional Use permit approval for a residential planned unit development from the City Council for a plat of land within the corporate limits of the City known as Turnberry Crossing, hereinafter called "Subdivision ", said land is legally described to -wit LEGAL DESCRIPTION: Parcels 1 and 2 (Commercial Parcel): That part of Government Lot 2, Section 20 and that part of the Northeast Quarter of the Northeast Quarter of Section 19, all in Township 31, Range ?2, Anoka County, Minnesota, described as follows: Commencing at the southeast corner of the north 849.40 feet of the west 240.00 feet of said Government Lot 2 (for the purposes of this description the west line of said Government Lot 2 is assumed to have a bearing of South 00 degrees 18 minutes 08 seconds West); thence North 82 degrees 52 minutes 55 seconds East, a distance of 38.49 feet; thence South 00 degrees 18 minutes 08 seconds West, parallel with the west line of said Government Lot 2, a distance of 184.36 feet to the point of beginning of the property to be described; thence South 00 degrees 18 minutes 08 seconds West, parallel with the west line of said Government Lot 2, a distance of 233.22 feet to the north line of the south 60.00 feet of said Government Lot 2; thence North 89 degrees 20 minutes 25 seconds West, along said north line, a distance of 278.18 feet to the east line of said Northeast