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A G R E E M E N T <br />THIS AGREEMENT, made this day of <br />19_, by and between the City of Mounds View, a municipal corpora- <br />tion, in the County of Ramsey and State of Minnesota, hereinafter <br />called the City and _ Good Valuc Ilomes Inc (contract purchaser)/ <br />Marcc'lle Z• Faselius (owner)_ <br />the fee owner and/or contract purchaser who owns the following <br />described property: Edgewood Square Plat, Lots 1, 2, 3, 5, 6, 7, <br />8, 9, 10, 11, 12, 13, 14, 15 and 16; <br />WHEREAS, the said property is a (are) newly created lot(s) <br />from an approved subdivision and it is necessary that special assess- <br />ments be apportioned against the newly created lot(s); and <br />WHEREAS, the owner hereby agrees to a reapportionment of said <br />assessments; <br />NOW, THEREFORE, IT IS HEREBY AGREED that this document shall <br />�., <br />be considered a petition as provided for in Chapter 8 of the Home <br />Rule Charter and Chapter 26 of the Municipal Code which the owner <br />understands allows the City to specially assess his property without <br />public hearings and the owner hereby waives all of the Charter, muni- <br />cipal and statutory requirements to enable the City to certify an <br />assessment to the Ramsey County Auditor's office and the owner hereby <br />agrees to allow the City, by its own action to assess the above <br />described property in the amount set out in the Exhibit hereto <br />attached, for a 1_ year period at 12% interest, commending the <br />first day of January following the date of this Agreement, and owner <br />further agrees that all assessments and interest thereon shall be <br />collected in the same manner as other municipal taxes. The owner <br />further understands that he may at any time pay to the County Treas- <br />urer the entire amount of the assessments remaining unpaid, with the <br />interest accrued to December 31st of the year in which such payment <br />is made. <br />IT IS FURTHER AGREED that in lieu of certification of the <br />assessment to the Ramsey County Auditor's office, the owner may pay <br />to the City of Mounds View this assessment amount in full and without <br />