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• <br />TURNBERRY CROSSING <br />DEVELOPMENT AGREEMENT <br />3 -28 -2005 <br />south 60.00 feet of said Government Lot 2; thence northerly along a curve concave to the <br />east, said curve is tangent to said parallel line, has a radius of 230.00 feet and a central <br />angle of 17 degrees 39 minutes 52 seconds, a distance of 70.91 feet; thence North 17 <br />degrees 58 minutes 00 seconds East, tangent to said curve, a distance of 199.84 feet; <br />thence North 71 degrees 00 minutes 13 seconds West, a distance of 246.54 feet to the <br />easterly right -of -way line of Lake Drive, said easterly right-of-way line is described as <br />follows: <br />Beginning at a point on the north line of said Government Lot 2, distant 354.43 <br />feet easterly of the northwest corner thereof, for the purposes of this description, <br />the west line of said Government Lot 2 is assumed to bear South 00 degrees 18 <br />minutes 08 seconds West; thence South 25 degrees 48 minutes 00 seconds West, a <br />distance of 118.98 feet; thence southwesterly along a tangential curve, concave to <br />the southeast, having a radius of 2819.22 feet and a central angle of 07 degrees 50 <br />minutes 00 seconds, a distance of 385.44 feet; thence South 17 degrees 58 <br />minutes 00 seconds West, tangent to said curve, a distance of 532.41 feet to the <br />west line of said Government Lot 2, and there terminating. <br />thence southerly along said easterly right -of -way line, a distance of 99.93 feet to the <br />intersection with the south line of the north 704.40 feet of said Government Lot 2; thence <br />South 89 degrees 29 minutes 07 seconds East along said south line, a distance of 154.21 <br />feet to the east line of the west 240.00 feet thereof; thence South 00 degrees 18 minutes <br />08 seconds West, along said east line, a distance of 145.00 feet to the point of beginning. <br />WHEREAS, the Developer is to be responsible for the installation and fmancing of <br />certain private improvements within the Subdivision; and <br />'WHEREAS, said private improvements include grading, drainage, sanitary sewer, <br />water, and driveway improvements; and <br />WHEREAS, the City Subdivision Ordinance and Minnesota Statute 462.358 <br />authorize the City to enter into a performance contract secured by cash escrow or other security to <br />guarantee completion and payment of such improvements following final approval and recording of <br />final plat; and <br />WHEREAS, the Developer is shall furnish and install said improvements in <br />accordance with the terms and requirements included within Resolution No. 04 -126 as approved by <br />the City Council, and as provided in this Development Agreement. <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: that the <br />