2004-068 Council Resolution - Laserfiche WebLink

Home Search

• DEVELOPMENT CONTRACT Eagle Brook Church THIS AGREEMENT made this 24th day of May, 2004, is by and between the City of Lino Lakes, whose address is 600 Town Center Parkway, Lino Lakes, Minnesota, 55014, a municipal corporation organized under the laws of the State of Minnesota, hereinafter referred to as the "City ", and Eagle Brook Church of White Bear Lake, Minnesota, a non -profit corporation, whose address is 5212 130th Street North, White Bear Lake, Minnesota 5511Q hereinafter referred to as the "Developer ". WHEREAS, the Developer has received preliminary plat approval from the City Council for a plat of land within the corporate limits of the City known as Eagle Brook Addition, hereinafter called "Subdivision ", said land is legally described to -wit Lots 1 and 2, Block 1, EAGLE BROOK ADDITION, Anoka County, Minnesota, WHEREAS, the Developer is to be responsible for the installation and financing of certain private improvements within the Subdivision; and WHEREAS, the City Subdivision Ordinance and Minnesota Statute 462.358 authorize the City to enter into a performance contract secured by cash escrow or other security to guarantee completion and payment of such improvements following final approval and recording of final plat. herein, NOW, THEREFORE, in consideration of the mutual promises of the parties made IT IS AGREED BY AND BETWEEN THE PARTIES HERETO: as follows: I. DESIGNATION OF IMPROVEMENTS A. Improvements to be installed at the Developer's expense by the Developer as hereinafter provided are hereinafter referred to as "Developer Improvements ". B. Any improvements to be installed by the City and financed by the Developer are hereinafter referred to as "City Improvements ".