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<br /> 1 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />─────────────────────────────────────────────────────── <br />Return to: <br />David K. Snyder, Esq. <br />JOHNSON/TURNER LEGAL <br />56 E. BROADWAY AVENUE, SUITE 206 <br />FOREST LAKE, MN 55025 <br /> <br /> <br /> <br /> CITY OF HUGO <br /> WASHINGTON COUNTY, MINNESOTA <br /> <br /> ASSESSMENT AGREEMENT <br /> <br /> <br /> THIS AGREEMENT, made and entered into this _____ day of ___________, 20___, by <br />and between the City of Hugo, a Minnesota municipality organized under the laws of the State of <br />Minnesota (hereinafter referred to as "City"); and Victor Land Holdings, LLC, a Minnesota limited <br />liability company (hereinafter referred to as "owner."). <br /> WITNESS: <br /> WHEREAS, the City Council has, by Resolution on approved assessments in connection <br />with site plan for a 43,000 square foot building with includes the construction of an extension of <br />140th Street North. Victor Land Holdings, LLC is the owner of the property identified on Exhibit <br />A attached hereto (the Property”) and desires to stipulate to the payment of a specified sum to for <br />the construction of street, water, and storm drainage improvements to the property as a public