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Agenda Packets - 2024/01/22
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Agenda Packets - 2024/01/22
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Last modified
1/28/2025 4:46:02 PM
Creation date
2/5/2024 10:04:13 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
1/22/2024
Supplemental fields
City Council Document Type
Packets
Date
1/22/2024
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2.10. Platting. The Developer shall plat the Property in accordance with the Mounds View City <br />Code, this Agreement, state statutes, and any City approvals, and said plat shall be generally <br />consistent with the depiction provided by the Developer and contained in Exhibit B attached <br />hereto. Prior to approval of the final plat by the City, the Developer shall amend the plat as required <br />by any preliminary plat approval, the Mounds View City Code, this Agreement, City consultants, <br />and state statutes. The City shall be under no obligation to consider a resolution authorizing any <br />condemnation related to the easements necessary for any Public Improvements unless and until <br />the Developer has provided adequate assurances that it intends to move forward with the proposed <br />development that are deemed generally acceptable by City staff, in its sole discretion, and has <br />further provided the City with any additional assurances as it may require to show that the <br />Developer will remain in full compliance with all terms of this Agreement. <br />2.11. City Attorney Review; Title Work. Prior to recording the final plat with Ramsey County, the <br />Developer agrees to provide the City with current title work for the Property identifying any other <br />entity with a legal interest in the Property, including but not limited to any entity with a mortgage <br />interest, easement interest, etc. Any plat approval is subject to the Developer's compliance with this <br />provision. <br />The Developer shall provide an updated and certified Abstract of Title and/or Registered Property <br />Abstract as required by Minn. Stat. § 505.03, or in the alternative, the Developer must provide an <br />updated Commitment for a Title Insurance Policy for the Property naming the City as the proposed <br />insured and with the amount of coverage for this policy being equal to $100,000.00. The above - <br />mentioned evidence of title shall be subject to the review and approval of the City Attorney to <br />determine what entities must execute the final plat and other documents to be recorded against the <br />Property. In the event the Developer provides the City with a Commitment for a Title Insurance <br />Policy, the Developer shall cause a Title Insurance Policy to be issued consistent with the <br />Commitment for a Title Insurance Policy provided by the Developer and the requirements of the City <br />Attorney and with an effective date on which the final plat is recorded (the City will not issue any <br />building permits or certificates of occupancy until it is provided with said Title Insurance Policy). <br />Further, the Developer shall provide the City with evidence, which sufficiency shall be determined <br />by the City, that all documents required to be recorded pursuant to this Agreement and by the City <br />Attorney are recorded and all conditions for release of the final plat have been met prior to the City <br />processing or approving any building permits or other permits applicable to the development of the <br />Property. <br />2.12. Plat Modifications and Revisions. The parties to this Agreement acknowledge that various <br />potential modifications and revision issues associated with the plat may need to occur. The Developer <br />agrees to undertake, assist with and resolve such issues as directed by the City. The Developer and <br />the City agree to cooperate with each other and their representatives regarding any reasonable requests <br />made subsequent to the execution of this Agreement to revise or correct any errors in the plat and to <br />provide any and all additional documentation deemed necessary by either party to effectuate such <br />revisions or corrections to the plat. <br />2.13. Park Dedications/Fees/Dedications. Without limitation of any other obligation of the <br />Developer contained in this Agreement or set forth in federal, state, or local law, the Developer agrees <br />to comply with any dedication requirements, including park dedications or payments in lieu which <br />8 <br />MU210-262-628764.v18 <br />
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