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• <br />DEVELOPMENT CONTRACT <br />(Site Grading Only) <br />Foxborough <br />THIS AGREEMENT made this 25th day of April, 2005, is by and between the City <br />of Lino Lakes, whose address is 600 Town Center Parkway, Lino Lakes, Minnesota, 55014, a <br />municipal corporation organized under the laws of the State of Minnesota, hereinafter referred to as <br />the "City ", and Royal Oaks Reality whose address is 1000 County Road E. West, Suite 150 <br />Shoreview. Minnesota, 55126, referred to as the "Developer ". <br />WHEREAS, the Developer has received preliminary plat approval from the City <br />Council for a plat of land within the corporate limits of the City known as Foxborough, hereinafter <br />called "Subdivision ", said land is legally described to -wit <br />The Northwest Quarter of the Northwest Quarter of Section 33, Township 31, Range 22, Anoka <br />County, Minnesota. <br />AND <br />That part of the Northeast Quarter of the Northwest Quarter of Section 33, Township 31, Range <br />22, Anoka County, Minnesota, described as beginning at the Northwest comer of said Northeast <br />Quarter of the Northwest Quarter of Section 33; thence South 89 degrees 52 minutes 21 seconds <br />East, assumed bearing, along the north line of said Northeast Quarter of the Northwest Quarter a <br />distance of 450.00 feet; thence South 15 degrees 58 minutes 24 seconds West 1008.32 feet; <br />thence North 89 degrees 52 minutes 21 seconds West 160.00 feet to the west line of said <br />Northeast Quarter of the Northwest Quarter; thence North 00 degrees 44 minutes 23 seconds <br />West along said west line a distance of 970.11 feet to the point of beginning. <br />AND <br />That part of the Southwest Quarter of the Northwest Quarter of Section 33, Township 31, Range <br />22, Anoka County, Minnesota described as beginning at the Northwest corner of said Southwest <br />