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• <br />DEVELOPMENT CONTRACT <br />Pine Glen Second Addition <br />THIS AGREEMENT made this 12th day of March2007, 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 23, LLC whose address is 1875 Station Parkway NW, Andover, Minnesota 55304 <br />hereinafter 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 Pine Glen 2nd Addition <br />hereinafter called "Subdivision ", said land is legally described to -wit <br />As Contained in Commonwealth Land Title Insurance Co. Commitment File No. <br />7022063 <br />That part of Lots 5 and 6, Auditor's Subdivision No. 100 Anoka County, <br />Minnesota, lying Southerly of the following described line: Commencing at the <br />most Northerly corner of said Lot 5, thence Southerly on the East line of said Lot <br />5, 88.62 feet, to the point of beginning, thence Westerly, at right angles 45.34 feet, <br />more or less to the Northwesterly line of said Lot 5 (being the Southeasterly Right <br />of Way line of Highway 8) and there terminating, and also lying Northerly of a <br />line drawn from the Southeast corner said Lot 6, at an angle of 64 degrees, 19 <br />minutes, 30 seconds, measured from North to West, to the Westerly line of said <br />Lot 6, and there terminating. Excepting therefrom, and all above, all part lying <br />within plat of Anoka County Highway Right of Way Plat no. 17, Anoka County, <br />Minnesota <br />AND <br />That part of the South Half of the Northwest Quarter of the Northwest Quarter of <br />Section 9 Township 31, Range 22, Anoka County, Minnesota, lying Easterly and <br />Southerly of the North 135 feet of the West 328.50 feet and Easterly of the <br />Easterly line of Anoka County Highway Right -Of -Way Plat No. 17, according to <br />the U.S. Government Survey, Anoka County, Minnesota. <br />• The South Half of the Northeast Quarter of the Northwest Quarter of Section 9, <br />Township 31, Range 22, Anoka County, Minnesota. <br />