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CITE' OF LAKE EL MO WASHINGTON COUNTY, rMNN SOTA RESOLUTION NO. 2005 -112 WHEREAS, M & K Development, LLC, ( "Applicant ") submitted a completed application requesting that the City of Lake Elmo approve an Open Space Preservation Development Final Plat and Development Agreement to be known as FARMS OF LAKE ELMO. The parcel is located southerly of Highway 5 and 31St Street North and northwesterly of Lake Elmo Park Reserve and is legally described as follows. Parcel Leeal Descriotion That part of the North Half of the Northwest Quarter of Section 22, Township 29 North, Range 21 West, City of Lake Elmo, Washington County, Minnesota described as follows: Beginning at the northeast corner of said North Half of the Northwest Quarter; thence westerly along the north line thereof to the east line of the west 690.00 feet of said North Half of the Northwest Quarter; thence southerly along said east line to the south line of the north 215.00 feet of said North Half of the Northwest Quarter; thence westerly along said south line to the east line of the west 440.00 .feet of said North Half of the Northwest Quarter.; thence southerly along said east line to the south line of the north 675.00 feet of said North Half of the Northwest Quarter; thence westerly along said south line to the east line of the west 240.00 feet of said North Half of the Northwest Quarter; thence southerly along said east line to the south line of the north 875.00 feet of said North Half of the Northwest Quarter; thence easterly along said south line to the east line of the west 440.00 feet of said North Half of the Northwest Quarter; thence southerly along said east line to the south line of said North Half of the Northwest Quarter.; thence easterly along said south line to the southwest corner of said North Half of the Northwest Quarter; thence northerly along the east line thereof to the point of beginning. Excepting therefrom the parcel described as follows: Commencing at said northeast corner of the North Half of the Northwest Quarter; thence westerly along the north line thereof a distance of 700.00 feet to the point of beginning of the parcel to be excepted; thence south on a line parallel with the east line of said North Half of the Northwest Quarter a distance of 208.70 feet; thence westerly, parallel with the north line of said North Half of the Northwest Quarter, a distance of 208.70 feet; thence northerly, parallel with the east line of said North Half of the Northwest Quarter, a distance of 208.70 feet to the north line of said North Half of the Northwest Quarter; thence easterly along said north line to the point of beginning. This property is subject to various easements and restrictions of record. ALSO That part of the Southwest Quarter of Section 1.5, Township 29 North, Range 21 West, City of Lake Elmo, Washington County, Minnesota, described as follows: Beginning at a point on the south line of said Southwest Quarter distant 690.00 feet easterly of the southwest corner of said Southwest Quarter; thence northerly along a line parallel with the west