Loading...
86-034 . . . RESOLUTION NO. 34-86 A RESOLUTION APPROVING THE FINAL PLAT OF SWEETWATER AT NEAR MOUNTAIN WHEREAS, the final plat of Sweetwater at Near Mountain has been submitted in the manner required for platting of the land under Shorewood Comprehensive Plan and under Chapter 462 of Minnesota Statutes and all proceedings have been duly had thereunder; and WHEREAS, said plat is consistent with the Shorewood Comprehensive Plan and the regulations and requirements of the laws of the State of Minnesota and Ordinances of the City of Shorewood. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood: 1. That the plat of Sweetwater at Near Mountain is hereby approved. 2. That the approval is specifically conditioned upon the terms and conditions as contained in the Development Agreement attached hereto and made a part hereof as Attachment 1. 3. That the Mayor and City Clerk are hereby authorized to execute Certificate of Approval on behalf of the City. 4. That this final plat shall be filed and recorded within 30 days of the date of this Resolution. BE IT FURTHER RESOLVED, that such execution of the Certificate upon said plat by the Mayor and City Clerk shall be conclusive showing a proper compliance therewith by the subdivider and City officials and shall entitle such plat to be placed of record forthwith without further formality all in compliance with Minnesota Statutes and Ordinances of the City. Dated this 28th day of April, 1986. CITY OF SHOREWOOD Mayor ATTEST: City Clerk . .... . . . , 4. . CITY OF SHOREWOOD DEVELOPMENT AGREEMENT NEAR MOUNTAIN THIS AGREEMENT, made this 28th day of Apri 1 1986, by and between the CITY OF SHOREWOOD, a Minnesota municipal corporation, hereinafter referred to as the "City", and LUNDGREN BROS. CONSTRUCTION INC., hereinafter referred to as the "Developer". WHEREAS, Developer holds an option to purchase from the fee owners, certain real property located in the City of Shorewood, County of Hennepin, State of Minnesota, and legally described as set forth in Exhibit A attached hereto and made a part hereof, hereinafter referred to as "Property"; and WHEREAS, Developer proposes to develop said property by means of a planned unit development, "PUD", and include within the development single-family dwellings, single-family attached doubles, and townhouses; and WHEREAS, Developer has heretofore filed its application for a PUD with the City Clerk and submitted a Concept Plan and Preliminary Plat for the property, which matters were considered by the City Planning Commission at a Public Hearing held on July 12, 1979; and WHEREAS, upon recommendation of the City Planning Commission, the City Council did consider and approve the PUD, Concept Plan and Preliminary Plat as set forth in Resolution No. 55-79; and WHEREAS, Developer submitted a revised Concept Plan and Amended Preliminary Plat for the property, which matters were considered by the City Planning Commission at a Public Hearing held on December 3, 1985; and WHEREAS, upon recommendation of the City Planning Commission, the City Council did consider and approve the Revised Concept Plan and Amended Preliminary Plat on December 16, 1985, as set forth in Resolution No. 93-85; and . . . WHEREAS, Developer has submitted a Development Stage Plan for the entire property, which plan is attached hereto and made a part hereof as Exhibit B, and the City Council did consider and approve such Development Stage Plan on Februarv 10 1986; and WHEREAS, said Development Stage Plan envisions a 273 lot development encompassing the entire property consisting of 59 large single-family lots, 52 smaller single-family lots, and 162 single-family attached doubles and townhouse lots, and proposes that the property be developed in separate phases, with Phase I of said development to consist of 28 large single-family lots in Sweetwater at Near Mountain, and 29 smaller single-family lots in Chestnut Ridge at Near Mountain Ninth Addition. NOW, THEREFORE, in consideration of the mutual covenants and guarantees contained herein, the parties agree as follows: 1. FINAL PLAT. Developer has filed with the City Clerk the first final plat for this development. The remainder of the property shall initially be platted as outlots. As each phase is developed, Developer shall submit final plats for such phase consistent with the preliminary plat and the Development Stage Plan and in accordance with the procedures set out in existing City ordinances. No work on any phase shall be commenced until the requirements as to each phase as set out herein have been met and formal approval to proceed is given by the City. Should Developer violate the conditions of this Agreement, the City Council may renegotiate the terms of this Agreement pursuant to Section 200.25, Subdivision 6d(5) of Shorewood Ordinance Number 168. Developer may make changes for the purpose of meeting a future and changing market by making adjustments to future phases with the approval of the City Counc i 1'. 2. PROOF OF TITLE. Developer shall furnish a title opinion addressed to the City issued by the attorney for the Developer, which opinion guarantees that Developer in fact has a legal right to become fee owner of the property upon exercise of certain rights and to enter upon the same for the purpose of developing the property. Developer agrees that in the event Developer's ownership in the property should change in any f~shion, except for the normal process of marketing lots, prior to the completion of the project and the requirements of this Agreement that he shall forthwith notify the City of such change in ownership. -2- '. . . . . , . 3. IMPROVEMENTS BY DEVELOPER. For each plat that Developer files, Developer agrees at its expense to construct, install and perform all work and furnish all materials and equipment in connection with the installation of the following improvements: a. Street grading,-~tabilizing and bituminous surfacing; b. Surmountable concrete curbs and gutters; c.. Sanitary sewerlJ\ains; d. Watermains; ---, e. Storm sewers and surface water drainage facilities; f. Street signs; g. Required landscaping. It is understood that underground utility lines, including gas, electric and telephone, shall be installed by the respective private utility companies pursuant to separate agreements with the Developer. 4. IMPROVEMENTS INSTALLED BY CITY. None of the above improvements are contemplated to be installed by the City at this time. However, this Agreement may be amended to provide for certain of the above improvements to be installed by the City and the cost thereof to be assessed back against the benefited properties at some future date. 5. STANDARDS OF CONSTRUCTION. Developer agrees that all of the foregoing improvements that are to be constructed and installed by the Developer shall be in accordance with engineering plans and specifications approved by the City Engineer and the requirements of applicable City ordinances and standards. Developer further agrees that all of said work shall be subject to final inspection and approval by the City Engineer. 6. 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 materials, and rejected labor shall be done anew to the satisfaction and approval of the City at the cost and expense of Developer. .' 7. PHASE SCHEDULING. It is agreed that the work within the development will be performed in separate phases as set forth in the Development Stage Plan and as shown below: -3- Projected Phasing for Near Mountain . Approximate Anticipated Anticipated Phase No. Units Commencement Completion I 96 1986 1988 II 55 1986-1987 1988-1989 III 71 1987-1988 1989-1990 IV 51 1988-1990 1990-1992 . . It is understood that the above phasing schedule may be adjusted to reflect changing market conditions or changes in ownership of the property. 8. CONSTRUCTION SCHEDULE FOR PUBLIC IMPROVEMENTS. It is agreed that the construction of public improvements for each plat shall be performed in accordance with a written schedule in the form of a bar chart to be submitted by Developer. Construction of public improvements for the first plat shall commence within a period of not more than one hundred twenty (120) days following execution of this Agreement. Upon receipt of written notice from the Developer of the existence of causes over which the Developer has no control, which will delay the completion of the work, the City, in its discretion, may extend the dates specified for completion. 9. GRADING, DRAINAGE, AND EROSION CONTROL. Developer shall file a grading, drainage and erosion control plan for each development phase, which plan shall be subject to review and approval by the City Engineer. The initial grading plan shall be filed forthwith and shall be in accordance with documents which have heretofore been presented as part of the Development Stage Plan. Developer, at its expense, shall provide temporary dams, earthwork or such other devices and practices, including seeding of graded areas, as shall be needed, in the judgment of the City Engineer, to prevent the washing, flooding, sedimentation and erosion of lands and streets within and outside the plat during all phases of construction. Developer shall keep all streets within the plat free of all dirt and debris resulting from construction therein by the Developer, its agents or assignees. 10. STAKING, SURVEYING AND INSPECTION. It is agreed that the Developer, through his engineer, shall provide for all staking and surveying of the above-described improvements. In order to ensure that the completed improvements conform to the approved plans and specifications, the City Engineer or his representative shall make all inspections and shall supervise all testing which may be reasonably required during the -4- . . . construction of the improvements set forth in Paragraph 3 above. Developer shall maintain records of all inspections and tests and forward copies of such records to the City Engineer each week. 11. STREETS, SANITARY SEWER, WATER, STORM SEWER AND SURFACE WATER DRAINAGE FACILITIES. ~ a. Plans and Specifications. The Developer agrees to cause its engineers to prepare all plans and specifications necessary for the installation of public streets, private roads, curb, gutter, sanitary sewer, watermains, storm sewer and surface water drainage facilities in said plat, said plans and specifications to be subject to the final approval of the City Engineer. b. As-Built Plan. Upon completion of construction, Developer shall cause its engineers to prepare and file with the City a full set of as-built mylar reproducible plans for City records. These plans shall include the locations and ties to all sanitary sewer and watermain services as well as gate valve boxes and manholes. Such plans shall conform to the As-Built Plans presently on file with the City. c. Easements. Developer, at its expense, shall acquire all necessary easements from abutting property owners required for the installation of the sanitary sewer, storm sewer, and water facilities within the plat, and thereafter promptly assign said easements to the City. 12. CLAIMS FOR WORK. The Developer or his contractor shall not do any work or furnish any materials not covered by the plans and specifications and special conditions of this Agreement, for which reimbursement is expected from the City, unless such work is first ordered in writing by the City Engineer as provided in the specifications. Any such work done or materials furnished by the contractor without such written order being first obtained shall be at his own risk, cost and expense. 13. FINAL INSPECTION. Upon completion of the improvements set forth in Paragraph 3 above, the City Engineer, the contractor, and the Developer's engineer will make a final -5- ~ ." ..... . . . inspection of the work. Before final paYment is made to the contractor by the Developer, the City Engineer shall be satisfied that all work is satisfactorily completed in accordance with the approved plans and specifications~ and the Developer's engineer shall submit a written statement attesting to same. 14. REIMBURSEMENT OF COSTS. The Developer shall reimburse the City for all costs, including reasonable engineering, legal, planning and administrative expenses incurred by the City from time to time in connection with all matters relating to the administration and enforcement of this Agreement and the performance thereof by the Developer. Such reimbursement shall be made within thirty (30) days of the date of the City's mailing of each notice of costs to the address set forth in Paragraph 41 below. Developer shall be entitled to receive as a credit against these expenses all applicable fees heretofore paid to City under and pursuant to zoning and subdivision ordinances and costs that have been assessed. The City's notice of costs shall be itemized, identifying person, task, time, date, and at-cost rate. . 15. CITY DISCLAIMER. It is agreed that the City of Shorewood, the City Council and their agents or employees shall not be personally liable or responsible in any manner to the Developer, the Developer's contractor or subcontractor, material men, laborers or to any other person, firm or corporation, for any claim, demand, damages, actions or causes of action of any kind or character arising out of or by reason of the execution of this Agreement or the performance and completion of the work and the improvements provided herein by the Developer, his contractors, or his agents, and that the Developer will save the City harmless from all such claims, demands, damages, actions or causes of actions or the costs, disbursements, and expenses of defending the same, specifically including, without intending to limit the categories of said costs, cost and expenses for City administrative time and labor, costs of consulting engineering services and costs of legal services rendered in connection with defending such claims as may be brought against the City. 16. PERFORMANCE GUARANTY. The Developer has submitted a proposed "Agreement Providing Alternative Security for Subdivision Improvements" (Security Agreement) rather than a performance bond or security deposit to secure performance of its obligations under the within contract. Said Security Agreement is hereby given concept approval only, subject to the following conditions: -6- . a. All documentation evidencing the Security Agreement shall be approved by the City Attorney prior to the commencement of work on the project. ~-, . b. The City Engineer shall do all inspection of the work. c. 'No disbursement of funds shall be made by the escrow agent under said Security Agreement to contractors on pay requests until the City Engineer certifies that the work has been done in accordance with City standards and the plans and specifications. . 17. BOULEVARD LANDSCAPING, DRIVEWAYS AND PRIVATE ROAD. The Developer or its assigns agree to furnish, construct and install, at their sole expense, the following improvements for the benefit of each lot within the development. a. Boulevard sod, which shall be of uniformly good quality. b. Sodding in front yards and side yards abutting streets. c. At least one (1) shade tree of a minimum diameter of 2 inches shall be provided to each lot on which no trees currently exist. d. All driveways shall be paved. e. Driveways constructed upon Lots 1 through 5, Block 1, SWEETWATER AT NEAR MOUNTAIN giving ingress and egress directly onto Covington Road shall contain a paved turning area large enough so that any automobile parked within the driveway may enter onto Covington Road without backing onto Covington Road. For the purpose of assuring to the City that the improvements required by this paragraph shall be constructed and installed according to the requirements of this Agreement, Developer or its assigns agree to deposit with the City cash in the sum of $500.00 per lot at the time application is made for a building permit for each lot or to provide a letter of credit satisfactory to the City to cover all of the said improvements to be constructed and installed within the plat. All deposits shall be returned to the Developer or its assigns upon approval of the installations by the City. 18. ACCESS. Developer shall provide reasonable access, including temporary grading and graveling to all residences in the plat until the streets are accepted by the City. -7- . . . . 19. STREET SIGNS. Developer, at its expense, shall ;providestandard city'street identification signs and traffic 'Control signs in accordance with the Minnesota Manual on Uniform Traffic Control Devices. Developer shall have the option of providing custom designed identification signs subject to the approval of the City Engineer. City's resEonsibility for replacement shall be limited to replacement-with standard City street signs only. . ~-..~ .. .-- 20. ADVERTISING DISPLAY SIGNS. __...cPi"splay signs for the purpose of advertising the Subject Property may be erected in accordance with sign plans to be submitted by Developer and approved by the City Council. 21. REPLACEMENT. All work and materials performed and furnished by the Developer, its agents and subcontractors, pusuant to Paragraph 3 above, which are found by the City to be defective within one year after acceptance by the City shall be replaced by Developer at Developer's sole expense. This guarantee of work shall be secured to the City by an irrevocable letter of credit, or a corporate surety bond, at the election of and in an amount established by the City, furnished by the Developer to the City. Said letter of credit or surety bond shall first be approved by the City Attorney, and shall be in addition to, and not in lieu of, any other remedies which may be available to the City to secure any defects in materials and workmanship. 22. LIABILITY INSURANCE. The Developer 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 the Developer's work or the work of their 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 the Developer shall file a copy of the insurance coverage with the City. Prior to commencement of construction of the improvements described in Paragraph 3 above, the Developer shall shall file with the City a certificate of such insurance as will protect the Developer, its contractors and subcontractors from claims arising under the Workers' Compensation Laws of the State of Minnesota. 23. WATER AND SEWER REVENUES. All water and sanitary sewer service charges shall at all times be billed by the City and all revenues derived therefrom shall be the sole property of the City. -8- . . . , . 24. CONVEYANCE OF IMPROVEMENTS. Upon completion of the installation by Developers of the" improvements set forth in Paragraph 3 above in accordance with the plans and specifications hereunder and the written approval by the City, the Developer shall convey said improvements to the City free of all liens and encumbrances and with warranty of title. Should the Developer 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. 25. PARK DEDICATION. Developer shall, at the time that each final plat of each phase is approved by the City, pay the required park dedication fee in such amount as maybe required by City Ordinance as of the date such final plat is approved. In addition to such cash payment, Developer shall acquire and grant to the City an easement for trail purposes, such easement to be 20' in width over and across the property described in Exhibit C attached hereto and made a part hereof. Said easement shall be provided to City prior to approval of final plat for single family lots abutting Covington Road. 26. SOUTHEAST AREA TRUNK WATER SUPPLY AND STORAGE FACILITY. The fee owner of the property has previously submitted to the City Council a petition, as provided for by Minnesota Statutes Chapter 429, for the construction of a local improvement known as the Southeast Area Trunk Water Supply and Storage Facility (the project) to provide water to the southeast portion of the City of Shorewood. It is understood and agreed that the entire cost of said improvement will be assessed against those developments known as Trivesco (Waterford), Covington Vine Ridge, Near Mountain, and Silver Ridge, and that the property described in Exhibit A herein will be assessed its proportionate share of such cost. Assessment will be over a period of time coinciding with the payback of the bonds sold to construct said project, said period to be not less than ten (10) years. The assessment shall bear interest at the rate of one and one-half (1 1/2%) per annum above the interest rate shown on the bonds. The total cost of said project shall be the actual construction cost, plus indirect costs for administrative, legal, engineering, and bonding expenses. Developer herewith agrees and waives all hearings and objections, statutory or otherwise, and consents to said assessments being placed on the property. Developer agrees to pay any installment of special assessments for a particular lot or lots owned by the Developer within the plat when such installment falls due. 27. SEWER ASSESSMENTS. The original assessments against the property for sanitary sewer are in the amount of $63,308.00. Developer acknowledges that as a newly platted planned unit development, additional sums will be assessed against the property as equalization charges pursuant -9- . . . toShorewood Ordinance No. 80. Developer and the City agree that all .suchcharges are to.be added to the balance remaining on the original assessments and spread over subject property in such manner as Developer may reasonably request, at such time as each phase is developed and the corresponding plat filed. Installments shall be paid annually for the remainder of the term of the or19inal assessments, together with interest on the balance remaini~g at the rate of six and one-half (6.5%) per annum. A schedule of such charges is set forth.inExhibit D, attached her~~~o:and made a part hereof. 28. OCCUPANCY PERMITS. The occupancy of any structure on any lot within said plat shall be prohibited by the City until the streets shall have been graded and surfaced with class 5-100% crushed material and municipal sanitary sewer and water lines shall have been installed, tested, and available to serve the lot for which the building permit shall have been issued. 29. RESTORATION OF STREETS AND PUBLIC FACILITIES. The Developer shall restore all City streets and other public facilities disturbed or damaged as a result of Developer's construction activities, including sod with necessary black dirt, bituminous replacement, curb replacement, and all other items disturbed during construction. 30. OUTLOTS. The initial plat for this development shall be for Sweetwater at Near Mountain with the remainder of the property platted as outlots. As each phase is developed, Developer shall submit final plats for the out lots comprising such phase. 31. DESIGNATED WETLANDS. At the time each phase is platted, Developer shall provide conservation easements over all designated wetlands, pursuant to Shorewood Ordinance #70. 32. DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS. Developer shall provide a copy of the proposed Declaration of Covenants, Conditions and Restrictions, the Articles of Incorporation and By-Laws of the Homeowners Association for review and approval by the City prior to recording of the plat. The Declaration of Covenants, Conditions and Restrictions shall be recorded prior to the issuance of Certificate of Occupancy for dwellings within any particular plat. 33. REMEDIES UPON DEFAULT. a. Assessments. In the event the Developer shall default in the performance of any of the covenants and agreements herein contained and such default shall not have been cured within thirty (30) days after receipt by the Developer of written notice thereof, 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 expense incurred by the City to be recovered as a special assessment -10- . . . . . against the platted residential lots owned in 'fee by the Developer, under M.S. Chapter 429, in which case the Developer agrees to pay the entire amount of such assessment within sixty (60) days after its adoption. Developer furth~r agrees.that in the event of its failure to pay in full any such special assessment within the time prescribed herein, the City shall pave a specific lien on all of Developer's real property within the property 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 the Developer shall be and hereby are waived in their entirety, and the. Developer shall reimburse the City for any expense incurred by the City in remedying the conditions creating the emergency. b. Performance Guaranty. the foregoing, the City may utilize require performance under the terms set forth in Paragraph 16 above, to the City for: In addition to or in lieu of any cash deposit made or of the Security Agreement collect, pay, or reimburse (1) the cost of completing the construction of the improvements described in Paragraph 3 and Paragraph 17 above; and (2) the cost of curing any other default by the Developer 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 or in lieu of the foregoing, the City may institute any proper action or proceeding at law or at equity to abate violations of this Development Agreement, or any ordinance to which this Development Agreement may become a part. 34. STREET MAINTENANCE DURING CONSTRUCTION. The Developer shall be responsible for all street maintenance until streets are accepted by the City. Warning signs shall be placed when hazards develop in streets to prevent the public zrom travelling on same and directing attention to detours. Ifand when streets become impassable, such streets shall be barricaded and closed. In the event residences are occupied prior to completing streets, the Developer shall maintain a smooth surface and provide proper surface drainage. The Developer shall be responsible for keeping streets within and without the development swept clean of dirt and debris. that may spill or -11- ,. . .wash onto the street from ... his operation. The Developer request in writing,that the City keep thestreets;open the winter months by plowing snow from said streets prior to final acceptance of said streets. The City shall not be responsible for reshaping said streets because of snow plowing operations if they are requested and providing snow plowing service does not constitute final acceptance ~fsaid streets. '. 35. COMPLIANCE WITH LAWS, ORDINANCES AND REGULATIONS PERMITS. In the development of each plat, Developer shall comply with all laws, ordinances and regulations of, and secure all necessary permits from, the following authorities: a. City of Shorewood b. State of Minnesota, its agencies, departments, and commissions c. Riley-Purgatory Creek Watershed District d. U. S. Army Corps .of Engineers. . 36. DURATION OF AGREEMENT. This Agreement shall remain in effect until such time as Developer shall have fully performed all of its duties and obligations under this Agreement. 37. HEADINGS. Headings at the beginning of paragraphs hereof are for convenience of reference, and shall not be considered a part of the text of this Agreement, and shall not influence its construction. 38. SEVERABILITY. In the event any prov~s~ons of this Agreement shall be held invalid, illegal, or unenforceable by any court of competent juri~diction, such holding shall not invalidate or render unenforceable any other provision hereof, and the remaining provisions shall not in any way be affected or impaired thereby. 39. 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. 40. CONSTRUCTION. This Agreement shall be construed in accordance with the laws of the State of Minnesota. . 41. 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 the Developer by written notice given by one to the other, may designate any address or addresses to which notices, certificates or other communications :to them -12- . . . i' . 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: Ci ty of Shorewood . 5755 Country Club Ro~~ SJ?,orewood, MN 55331-: ,:. "--~.~":" .~ To the Developer: Lundgren Bros. Construction Inc. 935 East Wayzata Boulevard Wayzata, Minnesota 55391 42. 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. IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed on the day and year first above-written. LUNDGREN BROS. CONSTRUCTION INC. CJ .', CITY OF SHOREWOOD . \.., Its Mayor ~W4~- by: Its ATTEST: ~~ City Clerk . .. . -13- . . . STATE OF MINNESOTA ss COUNTY OF HENNEPIN On this ____ day of , 1986, before me, a Notary Public within and for said County, personally appeared and , to me personally known, who, being each by me duly sworn, did say that they are respectively the Mayor 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 and acknowledged said instrument to be the free act and deed of said corporation. Notary Public STATE OF MINNESOTA ) ) ss COUNTY OF HENNEPIN ) r;2j:' .-; /J On this l---~day of 'C1/1/t:#j. r":/'.~,,1986,r) 9-~tore me, within and for said County personally appearq, /<; / /-e~-;/j/-'/ .{:a Z?''' / and to me person 'ly known, who, being each b~ m~ d~ly sforn did say that they are respectively the ~-;~&::k:~~f-:?f7::; and of the corporation named in the foregoing instrument, and that the seal affixed to said instrument is the corporate seal of said corporation, and that said instrument was signed and sealed in behalf of said corporation by authority of its Board of Directors and acknowledged said instrument to be the free act and deed of said corporation. Margaret D. Dolan NotBiy Puhiic-Minnesota H,::mr.epifl GGunty My Comril. Exp. 11-2.90 "*#.#~N -14- i::,'i .-ii :i,,"-:' EXHIBIT A . That part of the Southeast Quarter of the Northeast Quarter and of the Northeast Quarter ofr the Southeast Quarter of Section 36, Township 117, Range 23"...J.ying southerly of the center line of the Town. Road. Government_lots 5 and 6 and the Southeast Quarter of :the Southeast Quarter of -Sec'tion36 Township 117 Range 23 according to the Government Survey thereof. (The North line of said Government Lot 5 is marked by judicial landmarks set pursuant to Torrens Case No. 13685.) . . . OES01IPTlai Housing Type NO. OF UMTS Approved Proposed ~0_11/85 63 24 28 50 61 20' - 20' 10'-10' 10'-10' PUBUC PARK Single FamUy (Type Al 100' mln.wldth @ setback 35' 35' 30' Single Famly (Type BI 75' min. width @ setback 20 39 25' 25' Townhouse (North) Townhouse ( South I Quad Homes 100 40 TOTAL: 273 121 I IOlin"TI z o ~ ~ SCALE IN FEET 273 LAKESHORE lOTS GROSS SITE AREA 155.4 BC.'" ( e..luolve of SIlver Ridge) NET SITE AREA 129.2 ac.'" (gro.. area les. wetland .,..) SITE DENSITY 2.1 unlts/ac.'" (No. Units/Net Ar..) z g ~ . z o ~ ~ o z \ '7 !--- "'MO S1" I '7 - ~ 21 '-I: ~tt'--..JL ..:!II JJHiI.r,.n y / ~ . " ~ $"li.i~"()~ / "'DO""~ ~IO~ /:r 8 >"" I' I ~ \ ~1QI}s,.Fi , / ~ 22~' ""''''''1 9:Y / ~J'\' <i: U1OI1SfR I' / "0" "" "- :Y 23 ~ "'t f-- , ~/' II.... ,:' / ---\1" ~'D" '" ".'DO"" ! J'4<fN S,FiI "--$"O 12 ~ \ I 24 -. _ u...""~ I } V,,--"o --td --1 I I I)J::r:1:f")~~ '"': \~~_.J;y. r.".7f;~ ;.. I ~~. ~f~L31'f:....S 13 ~r~ ~'\...K . I /,r. C~~32,;,~Mr' ,-', '" 4' g~, fi;~ :J~j m f}:~l ~~- ~~oo~18 " 6-:027'<J:j ~~H:~ ~m';';~' >1 7 _ 26 -.:.J _).:.1~'f-Y ,+;, r- ,=--:J <;:"42~3 ' 50';3' <:21.? ,r"k) ~~.~ 43.....0.. I ~ ' s~~~ ~ ~fTd:rftj) J ~ : l jiJ' ---- / --/r-- ' ~N u:: RO. STATE HWY. NO. 101 tel \ f/ 0'! ~ I ~ I'J NEAR MOUNTAIN 'I' /! 0 Coo /.~ : ~ I ~ I II i ~ .. ~ .. ! i ~ ~ 516,OOD $f FI< II-~t ,lie,..,. ~I ~ ~~, ~21 'if 17~ "~/ 'I!~ ,,~62~ I .. IS' -....:.... I -~ 6;it " '::~~~f ~~~~.~t~ " <'Z'JP ~8'* r~ ~)~~~ 5 -1 t.....29 -;r "... 33"":; " """"',---- X ~ #. ' JI0 50 ._- 2640."--- g r-------~ ~~--1 FUTURE PLAT \ Z \ ___ -l ~____--------I ~ I------- ~ \'~.' --=:-------J ~r\ J..'____ I \ ____ I :!." -\" 1 '\ z. \"----..... --....... /-gl-c,,"" \ . \ P.ss! ~/ /.... ~o...rf[jf-""'Gr.~ I \ \ / /.. rTA"".'o..r \ .. I ~.. IOflf Thot port of lhe Southeast ~ of the NDdh- eo.t .ar>do( t....Nr:>dheast .of tt.eSoulh- -.1 ,of Sedi..., 36, r.......hJ.p117 ~ 2).I,l(1g;ooutherl'oft....,,""t...ilneof thotT"""Rood _..--.tlotsSar>d6 ar>d the s....t.......t ~ of tM Southecnt ~ of s..:Uon 16, T-.....4> 117, Ror.ge 23 Also Loh ~ ond', eloclc 2, SILVER RIlXX. ~l;..,~~.l>ll~';";:::::.fOCCOrdl"9 OUTLOT B . 5/~t ZDO.111 -,' ~-- ,,0. (J6 I I I I I I I I :"rs 7 \ \ TRAPHAS \ \ \ \ \ \ I I \ ADDITION I · I NEAR MOUNTAIN - ~ - L _ =-.'~ _._~ ...-..-.---- - - - ~ -. -- o. lL:'l.l-'o5 ~> \'2.- ",_s. .- ~. ........-0, -~ ..... ../,..,... ....~ h". " ".~- 5~ oa..~ W> Oa:a: z c( w W Z lQ ~- ~ c( ~ W ..J> Wo lfZ c..H z ~ ...: ~ III ~ ; i o ~ Cl ~ Ie ~ W . III . , ~ W ~ Ie ~ J: ~ ~ . ct ~ 1Il~ ~..> I'"~ .-' ....'''..11. I 0 0 0 0 ;!; 3: z W 0 a: i= 0 CJ :) J: a: (J) ~ III - Z 0 Z CJ ~ en 0 Z a: III ::) Z 0 W ~ a: Cl a: 0 z c( :) W ...I Z ou..... ""'M. ".......0 ..~" 1I-;:-;;~'5 ,....\0(;>. ,,,..... $,,"_- .., -.. ~~... ...... .. -- 1. EXHIBIT B J . . . NEAR MOUNTAIN - SHOREWOOD TWENTY FOOT PUBLIC WALKWAY EASEMENT The Northwesterly 20.00 feet of the Southeasterly 50.00 feet of Lot 3, Block 2, SILVER RIDGE, Hennepin County, Minnesota, according to the plat thereof on file or of record in the office of the Registrar of Titles. EXHIBIT C NEAR MOUNTAIN - SHOREWOOD . Original Assessments: PIN 41 0001 1 C Unit @ 1900 $ 1,900 Parcel 4435 1 B Unit @ 1800 1,800 1 A Unit @ 1700 1,700 3 D Unit @ 1000 3,000 $ 8,400 Square Footage 1,795,107 less wetlands 43,560 Net sq. feet 1,751,547 @ 1 cent/sq.ft $ 17,515 PIN 42 0001 (No units) Parcel 4455 Square Footage 3,118,896 less wetlands 901,692 Net sq. feet 2,217,204 @ 1 cent/sq. ft. $ 22,172 PIN 43 001 1 C Unit @ 1900 $ 1,900 Parcel 4465 Square Footage 1,528,085 . less wetlands 196,020 Net sq. feet 1,332,065 @ 1 cent/sq. ft. $ 13,321 Total Original Assessment $ 63,308 Equalization Charges Equalization charge for C unit = 400 + interest @ 7% Equalization charge for B unit = 350 + interest @ 7% Equalization charge for A unit = 200 + interest @ 7% 28 lots of 39,200 sq. feet each = 28 C units Per unit equalization charge = $400 plus interest (7% for 14 years) or $792/unit. Total equalization charge = 28 C units x $792 = $22,176.00 . EXHIBIT D