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HomeMy WebLinkAbout2001-10-12 Fully Executed Amended Developer's AgreementAMENDED DEVELOPER'S AGREEMENT Return to: Eekberg Law Firm Attn: Mark J. Vierling 1835 Northwestern Avenue Stillwater, MN 55082 CITY OF OAK PARK HEIGHTS WASHINGTON COUNTY, MINNESOTA AMENDED DEVELOPER'S AGREEMENT THIS AGREEMENT, made and entered into this Y a of OlU t Y., 200 1, by and between the City of oak Park Heights, a municipal corporation under the laws of the State of Minnesota (the "City"), and DDD, LLC, a Minnesota Limited Liabili Company (the "Developers "). tY wITNESSETH- That: WHEREAS, the Developer has made application to the City Council for approval of a Planned Unit Development and Conditional Use Permit affecting land within the corporate limits of the City described as follows: Lot 2, Block 1, Kern Center 2nd Addition (the "Subdivision "); and, WHEREAS, the City Council has on April 24, 200 1, granted approval of the PUDICUP permits on the condition that the Developer enter into this Agreement stipulating the p g conditions for the installation of street, water, sewer and other public improvements as well as the development of on -site improvements hereinafter described, all in accordance with the terms and conditions hereinafter set forth. WHEREAS, the Developer has requested amendment to the permits so granted b • • Y the city and the city has allowed amendment subject to certain conditions. Now, THE REFORE in consideration of the premises and of the mutual promises and conditions hereinafter contained, it is hereby agreed as follows: The terms and conditions specified in the original Development Agreement of June 2001 shall be and are hereby incorporated by reference herein with the following changes: es: g 1. DESCRIPTION OF PLAN A IMPROVEMENTS: ESTIMATED COST 1. Boulevard and swale sod $ 6 2. Boulevard trees $ 15,000.00 3. Street signs $ n/a 4. Street lights $ nla 5. Grading $10 6. Erosion Control $ 2,15 0.00 7. Pond Protection & Restoration $ 2,500.00 8. Utility Protection & Repair $ L500.00 9. Street Protection & Repair $ 7,400.00 10. Drainage Pond/Outlet Construction $10,300.00 11. Trash Enclosure $ 500.00 TOTAL ESTIMATED CONSTRUCTION COST OF PLAN A IMPROVEMENTS: $ 55,600.00 ESTIMATED ENGINEERING, LEGAL AND ADMINISTRATIVE (20 %): $ I I J 20.00 TOTAL ESTIMATED CONSTRUCTION COST OF PLAN A IMPROVEMENTS: $ 66 SECURITY REQUIREMENT (25 %) $ 16 TOTAL PLAN A LET'T'ER. OF CREDIT/ CONSTRUCTION ESCROW $ 53,400.0051 2. The terms and provisions of the Amended Conditional Use Permit and Planned Unit Development for DDD. LLC are attached hereto as Exhibit I nd arc., in )mornted b reference herein. M IN WITNESS WHEREOF, the Cit and Developer have caused this A to be dul executed on the date and y ear first above Vffitten. CI Loan Kim Kamper, Actin Cit Administrator DDD LLC. And By: E' ,,�. �- Its: (- E S /ter STATE OF MINNESOTA ) ss. COUNTY OF WASHINGTON On this da of — Cb, (6957?,2A0 1, before me a Not Public, within and for said Count personall appeared David Beaudet and Kim Kam per, to me personall known, bein each b me dul sworn did sa that the are respectivel the Ma and the Administrator of the Cit of Oak Park Hei the municipal corporation named in the fore instrument; and that the seal affixed to said instrument is the corporate seal of said corporation, and that said instrument was si and sealed on behalf of said municipal corporation b authorit of its Cit Council and said Ma and Administrator acknowled said instrument to be the free act and deed of said municipal corporation. Nqlar Public JULIE A. HULTMAN N OW PUBBO-MINNESOTA STATE OF my c ommission Expires.. 31, 2005 )ss. COUNTY OF \M1,NLt4y� On this P*2­-da of 2001 before me a Not Publ within and for said Count and State, personall appeared SW& t ML—Wz �nd b to me personall known, who, bein each b me dul sworn did sa that the are respectivel the ,e rN44 and the I Aev7o"f DDD, LLC, a Minnesota Limited Liabilit Compan named in the fore *instrument, and that said instrument was si on behalf of DDD, LLC b authorit of its Board of Directors and said \�l C,,e---- 012eS I O&V/_ and _ !3 L ;P & r ____ I — acknowled said instrument to be the free act and deed of said limited liabilit compan dot aA Public JULIE A. HULTMAN NOTARY PUBHO-MINNESOTA My Commission Expires Jan. 31 2005 , THIS INSTRUMENT WAS DRAFTED BY: Mark J. Vierling Eckberg, Lammers, Briggs, Wolff & Vierling, P.L.L.P. 1835 Northwestern Avenue Stillwater, MN 55082 (651) 439 -2878 Exhibit 1 Amended Conditional Use Permit and Planned Urn't Development