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CITY OF LINO LAKES, MINNESOTA <br />SITE IMPROVEMENT PERFORMANCE AGREEMENT <br />THIS AGREEMENT made this 19f day of NDJ , 2013, is by <br />and between the City of Lino Lakes, whose address is 600 Town Center Parkway, Lino <br />Lakes, Minnesota 55014, a municipal corporation organized under the laws of the State <br />of Minnesota, hereinafter referred to as the "City ", and Gargaro Properties LLC, whose <br />address is 6800 Otter Lake Road, Lino Lakes, MN 55038, hereinafter referred to as the <br />"Developer ". <br />WHEREAS, the Developer has received administrative approval of Site <br />Development Plans, hereinafter called the "Plans ", by the City of Lino Lakes on the <br />day of October nth, 2013, 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 />The SW1 /4 of SW1 /4 of SE1 /4 of Section 24 Township 31 Range 22, except the <br />North 65 feet thereof, together with the west 200 feet of SE1 /4 OF SW1 /4 OF <br />SE1 /4 OF said section, except North 65 feet thereof, EX RDS, subject to <br />easement of record, Anoka County, Minnesota. <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, if any, by the Developer as hereinafter provided are hereinafter <br />referred to as "Off -Site Work ". <br />C. Developer shall enter into a Declaration for Maintenance of Stormwater <br />Facilities. <br />Northern Wholesale Site Performance Agreement 100213 page 1 of 8 <br />