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08-25-1997 EDA
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08-25-1997 EDA
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Last modified
1/29/2025 9:16:03 AM
Creation date
6/15/2018 5:49:01 AM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
7/25/1997
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
7/25/1997
EDA Document Type
Council Packets
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. , <br /> 4111 "City" means the City of Mounds View, Minnesota. <br /> Construction Plans" means the plans, specifications, drawings <br /> and related documents on all construction work to be performed by <br /> or on behalf of the Developer on the Development Property, <br /> including the Improvements and all other on-site improvements to be <br /> performed, installed or constructed upon the Development Property <br /> pursuant to this Agreement . Such plans shall at a minimum include, <br /> where applicable, the following: (i) site plan; (ii) foundation <br /> plan; (iii) basement plans; (iv) floor plan for each floor; (v) <br /> cross sections of each (length and width) ; (vi) elevations (all <br /> sides) ; (vii) the Design Plans; and (viii) adequate plans, drawings <br /> and specifications relating to all driveways, walks, parking and <br /> other improvements to be constructed upon the Development Property <br /> by the Developer. <br /> "Design Plans" means plans which show in adequate detail the <br /> design, architectural style, facia, signing, lighting, landscaping, <br /> parking and interior traffic components of the Improvements, or <br /> applicable portions thereof. <br /> "Developer" means The Everest Group, Ltd. , a Minnesota <br /> corporation, or its successors or assigns under this Agreement, or <br /> any entity controlling, controlled by or under common control with <br /> The Everest Group, Ltd. , or its majority shareholder, Jeffrey L. <br /> Nielsen. <br /> 4110 <br /> "Development Costs" means the $615, 000 current market value of <br /> the Development Property plus the unreimbursed costs incurred and <br /> paid by the Developer in making the site improvements (the "Site <br /> Improvements") for the Improvements and in installing the necessary <br /> public infrastructure improvements (the "Public Improvements") for <br /> the Improvements, all as further described and defined in Section <br /> 3 .2 . <br /> "Development District" means the Authority' s Development <br /> District No. 2 , as amended. (Note : As of May 9, 1994, the <br /> Development District has been incorporated into the Authority' s <br /> Mounds View Economic Development Project . ) <br /> "Development Program" means the Authority' s Development <br /> Program for the Development District, as amended. (Note : As of <br /> May 9, 1994, the Development Program has been incorporated into the <br /> Project Plan of its Mounds View Economic Development .Project . ) <br /> "Development Property" means the real property described in <br /> Exhibit A of this Agreement. <br /> "EDA Note" means the obligation substantially in the form of <br /> the attached Exhibit B which is described in Section 3 . 2 . <br /> 4110 <br /> 334455.4 1-2 <br />
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