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87-145RESOLUTION NO. 145 -87 A RESOLUTION AUIHORIZING THE OONSTRUCTICN OF A CUL -DE -SAC ON CHRISMAS LANE IN THE CITY OF SIIORE"OOD WHEREAS, the City Council has received a petition by the residents on Christmas Lake Road and Christmas Lane concerning the problems created by through traffic on these streets; and WHEREAS, this petition was duly considered at a regular meeting of the City Council on January 12, 1987, and the Council has determined that the through traffic creates a safety hazard to the residents of the area; and W EREAS, the Council has reviewed the reports of the neighbors, the South Lake Minnetonka Public Safety Department, the Excelsior Fire Department, and other interested organizations; and IWE REAS, the City Council, at a regular meeting on February 23, 1987, voted unanimously to install a cul -de -sac closing off Christmas Lane, provided that the total cost of constructing such cul -de -sac would be borne by the petitioners or adjacent property owners, and therefore directed the City Attorney to prepare a development agreement covering the work to be performed. • NCY, THEREFORE, BE IT RESOLVED, by the City Council of the City of Shorewood: 1. That Christmas Lane be closed off and a cul -de -sac be constructed on Christmas Lane pursuant to the terms and conditions contained in the Construction Agreement attached hereto and made a part hereof as Exhibit 1. 2. That the Mayor and City Clerk are hereby authorized to execute said Construction Agreement on behalf of the City Council, subsequent to approval by the City Attorney and the City Engineer of appropriate documentation and construction scheduling. ADOPTED BY THE CITY COUNCIL of the City of Shorewood this 26th day of October, 1987. Robert Rascop, Mayor ATTEST: Sandra L. Kennelly, City Clerk • ar���� �Ar $ �� ►� -15.7 21 April 1988 • CITY OF SH(PXWO® THIS ACREENIE TT, made this 5th day of May , 1988, by and between the CITY OF SHC PXMM, a Municipal Corporation, (City), RCIDNEY H. PE112 SW (Peterson) and CDS DEVELOPIMTU CX UMATIC N, a Minnesota Corporation, (CDS). WFUU EAS, Christmas Lane /Christmas Lake Road (the street) is a public street in the City of Shorewood connecting County Road 82 with State Highway No. 7, both arterial highways; and WHEREAS, the street passes through a residential neighborhood in the course of interconnecting the two arterial highways; and MEREAS, the City has determined that the through traffic on the street has created a safety hazard to the residents of the area and has ordered that the street be closed to through traffic; and W[BUZEAS, the City has further determined that such street closure can best be effected by the construction of a cul -de -sac on Christmas Lane approximately 150 feet east of its intersection with Brand Circle; and • WHEREAS, Peterson is the owner of certain land legally described in Exhibit A , attached hereto and made a part hereof, and has offered to donate a portion of such land to the City for the purpose of constructing such cul -de -sac; and WHEREAS, CDS has offered to pay all costs incurred in connection with the closure of such street and the construction of such cul -de -sac. NOW, TTdMMIZE, in consideration of the mutual covenants and guarantees contained herein, the City, Peterson and CDS agree as follows: 1. STREET CLOSURE AND MNSTRUCTION OF CUL -DE -SAC Pursuant to Resolution No. 145 -87, adopted by the City Council on October 26, 1987, the closure of Christmas Lane and the construction of a cul -de -sac thereon is authorized. 2. DCNATICN OF LAND BY PETERSON Peterson hereby agrees to donate to the City the land required for the construction of said cul -de -sac as shown in the plan attached hereto as Exhibit B. 3. IMPIMEJIENTS INSTALLED BY CDS CDS agrees at its expense to construct, install and perform all work and furnish all materials and equipment in connection with the closure of Christmas Lane and the construction of a cul -de -sac thereon, to include the following: a. Street grading, stabilizing and bituminous surfacing; b. Surmountable integral shoe - formed bituminous curbs and is gutters; 4. STAPIARDS OF CONSZRUCTICN CDS agrees that all of the foregoing inprovements shall equal or exceed City standards, shall be constructed and installed in accordance with engineering plans and specifications approved by the City Engineer and the requirements of applicable City ordinances and standards, and that all of said work shall be subject to the supervision of the City Engineer. 5. MATERIALS AND LABOR. All of the materials to be employed in the making of said improvements and all of the work performed in connection therewith shall be of uniformly good and workmanlike quality, shall equal or exceed City standards and specifications, and shall be subject to the inspection_ and approval of the City. In case any materials or labor supplied shall be rejected by the City as defective or unsuitable, then such rejected materials shall be removed and replaced with approved material, and rejected labor shall be done anew to the satisfaction and approval of the City at the cost and expense of CDS. 6. SCHEDULE OF VCRK CDS shall submit a written schedule indicating the proposed progress schedule and order of completion of work covered by this Agreement, which schedule shall be a part of this Agreement. Upon receipt of written notice from CDS of the existence of causes over which CDS has no control, which will delay the completion of the work, the City, at its discretion, may extend the dates specified for completion. • It is understood and agreed that the work shall be fully completed by Ju ne 9 , 1988. 7. PLANS AMID SPECIFICATIONS CDS agrees to cause its engineers to prepare all plans and specifications necessary for the installation of all improvements set forth in Paragraph 3 above, said plans and specifications to be subject to the final approval of the City Engineer. 8. REIMURSEMETI' OF COSTS CDS shall reimburse the City for all costs, including reasonable engineering, legal, planning and administrative expenses incurred by the City in connection with all matters relating to the administration and enforcement of this Agreement and the performance thereof by CDS. Such reimbursement shall be made within fourteen (14) days of the date of mailing of the City's notice of costs to the address set forth in Paragraph 18 below. 9. DISCLAIER BY CITY It is understood and agreed that the City, the City Council, and the agents and employees of the City shall not be personally liable or responsible in any manner to CDS, CDS's contractors or subcontractors, materialmen, laborers, or any other person, firm or corporation whomsoever, for any debt, claim, demand, damages, actions or causes of action of any kind or character arising out of or by reason of the • -2- execution of this Agreement or the performance and completion of the work and improvements hereunder; and that CDS will save the City, the City Council, and the agents and employees of the City harmless from any and all claims, damages, demands, actions or causes of action arising therefrom and the costs, disbursements, and expenses of defending the same. 10. WRITTEN CHANGE CRDERS CDS shall do no work and furnish no material for which reimbursement is expected from the City unless a written order for such work or materials is receives: from the City. Any such work or materials which may be done or furnished by CDS without such written order first being given shall be at its risk, cost and expense and CDS hereby agrees that without such written order, CDS will make no claim for compensation for work or materials so done or furnished. 11. PER.1CdV1 GUARANTY For the purpose of assuring and guaranteeing to the City that the improvements to be constructed, installed and furnished by CDS, as set forth in Paragraph 3 above, shall be constructed, installed and furnished according to the terms of this Agreement, and to ensure that CDS shall pay all claims for work done and materials and supplies furnished for the performance of this Agreement, and that CDS shall fully comply with all of the other terms and provisions of this Agreement, CDS agrees to furnish to the City either a cash deposit or an irrevocable letter of credit approved by the City in an amount equal to 150% of the total cost of said improvements as estimated by CDS's engineer and approved by the City Engineer. Upon City Engineer's reasonable determination that said improvements have been completed, City Engineer shall promptly provide written notice thereof to CDS at which time said letter of credit may be renl<::c__ `.j; cor ;orate suret bond a_c >:.°cveci by the City u;:c . t_a U_ :z.s obl i£ Ac thereu ^r'. ^::* * a period of o y� a 12. REPLACLIvOU All work and materials performed and furnished hereunder by CDS, its agents and subcontractors, found by the City to be defective within one year after acceptance by the City, shall be replaced by CDS at CDS's sole expense. Said one year period shall commence on the date of the City Engineer's written notice that said improvements have been completed. 13. LIABILITY INSURANCE CDS shall take out and maintain during the life of this Agreement public liability and property damage insurance covering personal injury, including death, and claims for property damage which may arise out of CDS's work or the work of its subcontractors, or by one directly or indirectly employed by any of them. This insurance policy shall be a single limit public liability insurance policy in the amount of $1,000,000.00. The City shall be named as co- insured on said policy and CDS shall file a copy of the insurance coverage with the City. Prior to coarnencement of construction of the improvements described in Paragraph 3 above, CDS shall file with the City a certificate of such insurance as will protect CDS, its contractors and subcontractors from claims arising under the workers' compensation laws of the State of Minnesota. 14. OCNVEYANCE OF IMPROVIlL1EDTi5 . Upon completion of the installation by CDS of the improvements set forth in Paragraph 3 above in accordance with the • -3- plans and specifications hereunder and the written approval by the City, CDS shall convey said improvements to the City free of all liens and encumbrances • and with warranty bill of sale. Should CDS fail to so convey said improvements, the same shall become the property of the City without further notice or action on the part of either party hereto, other than acceptance by the City. 15. RIIVIEDIES UPON DEFAULT a. Assessments In the event CDS shall default in the performance of any of the covenants and agreements herein contained and such default shall not have been cured within ten (10) days after receipt by CDS of written notice thereof, or if such cure cannot be reasonably effected within ten (10) days, and CDS fails to diligently commence procedures to cure the same within ten (10) days and effect such cure within ninety (90) days, the City, if it so elects, may cause any of the improvements described in Paragraph 3 above to be constructed and installed or may take action to cure such other default and may cause the entire cost thereof, including all reasonable engineering, legal and administrative expenses incurred by the City to be recovered as a special assessment under M.S. Chapter 429, in which case CDS agrees to pay the entire amount of such assessment within thirty (30) days after its adoption. CDS further agrees that in the event of their failure to pay in full any such special assessment within the time prescribed herein, the City shall have a specific lien on all of CDS's real property within the City of Shorewood for any amount so unpaid, and the City shall have the right to foreclose said lien in the manner prescribed for the foreclosure of mechanic's liens under the laws of the State of Minnesota. In the event of an emergency, as determined by the City Engineer, the M.S. Chapter 429 notice requirements to CDS be and hereby are waived in their entirety, and CDS shall reimburse the City for any expense incurred by the City in remedying the conditions creating the emergency. b. Performance Guaranty In addition to the foregoing, the City may also institute legal action against CDS or utilize any cash deposit made or letter of credit delivered hereunder, to collect, pay, or reimburse the City for: (1) the cost of completing the construction of the improvements described in Paragraph 3 and Paragraph 12 above; and (2) the cost of curing any other default by CDS and Peterson in the performance of any of the covenants and agreements contained herein. (3) the cost of reasonable engineering, legal and administrative expense incurred by the City in enforcing and administering this Agreement. c. Legal Proceedings In addition to the foregoing,, the City may institute any proper action or proceeding at law or at equity to abate violations of this Agreement. • -4- 16. HEMINGS Headings at the beginning of paragraphs hereof are for convenience of reference, shall not be considered a part of the text of this • Agreement, and shall not influence its construction. 17. PROOF OF TITLE Peterson shall furnish the City with a title insurance policy in the sum of $10,000.00, issued by a reputable title company, insuring the City against loss or damage incurred by the City by reason of any defect, lien or encumbrance on the title to the land to be conveyed in Paragraph 2 herein. 18. NOTICES All notices, certificates and other communications hereunder shall be sufficiently given and shall be deemed given when mailed by certified mail, return receipt requested, postage prepaid, with proper address as indicated below. The City and CDS and Peterson by written notice given by one to the other, may designate any address or addresses to which notices, certificates or other conumnications to them shall be sent when required as contemplated by this Agreement. Unless otherwise provided by the respective parties, all notices, certificates and communications to each of them shall be addressed as follows: To the City: City of Shorewood 5755 Country Club Road Shorewood, MN 55331 To CBS: CDS Development Corporation 9714 - 10th Avenue North Minneapolis, MN 55441 To Peterson: Rodney H. Peterson 21355 Christmas Lane Shorewood, MLA 55331 19. SUCCESSORS AND ASSIGNS It is agreed by and between the parties hereto that the Agreement herein contained shall be binding upon and inure to the benefit of their respective legal representatives, successors, and assigns. 20. SEVERABILITY In the event any provisions of this Agreement shall be held invalid, illegal, or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof, and the remaining provisions shall not in anyway be affected or impaired thereby. 21. EXECUTION OF COUNTERPARTS This Agreement may be simultaneously executed in several counterparts, each of which shall be an original, and all of which shall constitute but one and the same instrument. 22. CONSTRUCTION This Agreement shall be construed in accordance with the laws of the State of Minnesota. 0 -5- IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed on the day and year first above written. L� • By: Its: .1 Q 1 a. , ';, I rm "no W. L — — •..� - 'Pe terson � � K*Nc Pe .. STATE OF MINNESOTA CDLTNT'Y OF IMP IN ss CITY OF SHOPXVVC M By: C� Robert Rascop Its: Mayor ATTEST City Clerk On this 1c " day of 1988, before me, a Notary Public within and for said County, persona My appeared Robert Rascop and Sandra Kennelly, to me personally known, who, being each by me duly sworn, did say that they are respectively the IVlayor and City Clerk of the municipal corporation named in the foregoing instrument, and that said instrument was signed and sealed in behalf of said corporation by authority of its City Council, and said Robert Rascop and Sandra Kennelly acknowledged said instrument to be the free act and dee of sa'd cor oration. SUSAN A. NICCUM %•� NOTARY PUBLIC - MINNESOTA Notary Public '. HENNEPIN COUNTY My Commission Expires Mar. 6, 1990 X -6- • • STATE OF MINNESOTA ) ) ss COUNTY OF HENNEPIN ) On this 36n4 day of 1;yw -/L , 1988, before me, within and for said County personally appeared Rodney H. Peterson and Nancy M. Peterson to me personally known to be the persons described in and who executed the foregoing instrument and acknowledged that they executed the same as their free act and deed. x PHOE3EI BET?LE' NOTARY 2USLIC - MINNESOTA DAKOTA COJPITY My Cammiss,jn ExPires Oct. 8, 19N lfVVVVVVVVVVVNNWtiMNWVVWWWWVVV Et STATE OF MINNESOTA COUNTY OF HEZMPIN ss Y :::�/ %1 N otary • On this day of 4 , 1988, before me, within and for said County personally appeared �� W � who, being by me duly sworn, did say that he is the P -.- of ®S Development Corporation, the corporation named in the foregoing instrument, and that said instrument was signed and sealed in behalf of said corporation by authority of its Board of Directors, and said acknowledged said instrument to be the free act and deed of said corporation. � nn M'' 1bw4rb�% WASi. �ih,; 1 .1� +;A1°y's�+�ni�lV41�v+11�iksE o P F! yy I' ,'� A 15 —7— • Lot 174, MIDITOR'S SUUDIVISICN NEABER CNE HUNDRED AND TNENTY Hennepin County Minnesota, according to the recorded plat thereof. That part of Lot 173, AUDITCR'S SUBDIVISICtq 2qB CNE HUNDRED AND MN= Hennepin County Minnesota, according to the recorded plat thereof which lies southwesterly and westerly of the following described line and its northerly extension. Cormencing at the southeast corner of said Lot 173; thence on an assumed bearing of West along the south line of said Lot 173, a distance of 128.31 feet, to the northwest corner of Lot 1, Block 1, MINNELONA, according to the recorded plat thereof, the point of beginning of the line to be described; thence North 56 degrees 06 minutes 33 seconds West a distance of 145.73 feet; thence North 11 degrees 44 minutes 25 seconds Nest a distance of 172.90 feet to the northerly line of said Lot 173, and said line there terminating. • EXHIBIT A • IRZ 0 0 0 ss rn , tl 1 > i R i-. P a NEW Jo! m 01.6 - 7�C - kA W D ( � a Ar I I ow 0 0 (j) O Z 0 MIBIT B