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• <br />• <br />DEVELOPMENT CONTRACT <br />(Site Grading Only) <br />The Preserve <br />THIS AGREEMENT made this 23rd day of July, 2007, 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 Integra Homes whose address is 12721 Overlook Road, Dayton, Minnesota, 55307 <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 The Preserve hereinafter <br />called "Subdivision ", said land is legally described to -wit <br />The Southwest Quarter of the Southeast Quarter and that part of the West Half of <br />the Southeast Quarter of the Southeast Quarter all in Section 28, Township 31, <br />Range 22, Anoka County, Minnesota, except GEMINI ESTATES and <br />TRAPPERS CROSSING according to the recorded plats thereof, Anoka County, <br />Minnesota; also except that part of said quarter - quarter described as follows: <br />Commencing at the northwest corner of said quarter - quarter; thence South 89 <br />degrees 29 minutes 30 seconds East along the north line thereof 360 feet to the <br />point of beginning; thence continuing South 89 degrees 29 minutes 30 seconds <br />East along said north line 388.48 feet; thence South 22 degrees 30 minutes West <br />345 feet; thence South 21 degrees 12 minutes East 166.94 feet; thence North 89 <br />degrees 29 minutes 30 seconds West 320 feet; thence North 0 degrees 22 minutes <br />58 seconds East 475 feet to the point of beginning; and also except that part of <br />said quarter - quarter described as follows: Beginning at the northeast corner of said <br />quarter - quarter; thence South 0 degrees 33 minutes 07 seconds West along the <br />east line thereof 170.04 feet to Point "A "; thence North 89 degrees 29 minutes 30 <br />seconds West 418.54 feet; thence North 22 degrees 30 minutes East 183.38 feet to <br />the north line of said quarter - quarter; thence South 89 degrees 29 minutes 30 <br />seconds East along said north line 350 feet to the point of beginning; and also <br />