88-049
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RESOLurICN 00. 41 * be,
A RESOLurICN APPROVING 1HE FINAL PLAT OF
McKINLEY PIACE AT NEAR lVIXJNI'AIN 4 th ADDITICN
WHEREAS, the final plat of MCKinley Place at Near Mbuntain 4th
Addition has been submitted in the manner required for the platting of
land under the Shorewood Ci ty Code 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 City Code of the City of Shorewood.
l'OV, 1HEREFCIlli, BE IT RESOLVED by the Ci ty Counci I of the Ci ty of
Shorewood as follows:
1. That the plat of McKinley Place at Near Mbuntain 4th Addition
is hereby approved.
2. That said approval is specifically conditioned upon the teftTIs
and condi tions contained in the Developnent Agreement for McKinley Place
at Near Mbuntain 4th Addition, attached hereto and made a part hereof.
3. That the Mayor and City Clerk are hereby authorized to
execute the Cert i ficate of Approval and Developnent Agreement on behal f of
the Ci ty Counc i I .
4. That this final plat shall be filed and recorded within
thirty (30) days of the date of this resolution.
BE IT FURlHER RESOLVED, that such execution of the Certificate
upon said plat by the Mayor and Ci ty Clerk shall be conclusive showing a
proper compliance therewith by the subdivider and City officials and shall
entitle such plat to be placed on record forthwith without further
foftTIality, all in compliance with Minnesota Statutes and Ordinances of the
Ci ty .
AOOPrED BY 1HE CITY OOUNCIL of the Ci ty of Shorewood this;13~day of
IY) i ' 1988.
Robert Rascop, Mayor
ATIEST:
Sandra L. Kennelly, City Clerk
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6/10/88
CITY OF SIDRE.WXD
DEVEWRVIENr AGREEMENT
McKINLEY PIACE AT NEAR lVIXJNI'AIN 4'IH ADDITICN
TIllS AGlEBVENr. made this /O.t/JJay of ~ . 1988. by and
between the CITY OF SIIJIlliWXD, a Minnesota rrnmicip corporation, hereinafter
referred to as the "Ci ty" and LUNDGREN BROS. ~STRUCI'ICN INC., a Minnesota
corporation, hereinafter referred to as the "Developer".
WHEREAS, Developer has previously entered into a Developnent
Agreement with the City dated July 28, 1986, for the developnent known as
Near Mbuntain; and
WHEREAS, Developer has previously filed with the City certain
earlier plats for said developnent; and
WHEREAS, Developer now desires to file this final plat for said
development, which is the plat of McKinley Place at Near Mbuntain 4th
Addition, which is a replat of a portion of the lot originally platted as
Outlot A, Sweetwater at Near Mbuntain, and which replat is attached hereto
and made a part hereof as Exhibi t A.
l'OV, 1HEREFORE, in consideration of the foregoing premises and
acceptance by the City of the final plat of McKinley Place at Near Mbuntain
4th Addition, the City and Developer agree as follows:
1. The Developer shall submit an Agreement Providing Alternative
Security for Subdivision Improvements for the property platted as
MCKinley Place at Near Mbuntain 4th Addition, for review and
approval by the City prior to recording of the plat.
2. Developer shall provide a copy of its proposed Declaration of
Covenants, Conditions, Restrictions, and Reservations, for
McKinley Place at Near Mbuntain 4th Addition, for review and
approval by the City prior to recording of the plat. Said
Declaration, together with this Developnent Agreement, shall be
recorded contemporaneously wi th the plat and proof of fi I ing
thereof furnished to the City.
3. Developer agrees that Out lot A shall be combined and become
one lot either wi th Lot 16, Block 2, Chestnut Ridge at Near
Mbuntain 9th Addition or with Lot 1, Block 1, McKinley Place at
Near Mbuntain 4th Addi tion at the time that said Outlot A is
conveyed by Developer.
4. Developer acknowledges that as a newly platted developnent,
additional sums will be assessed against the property as
equalization charges pursuant to Shorewood City Code Section
904.18.
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Developer and the City agree that all such charges are to be
added to the balance remaining on the original assessments and
spread over the subject property. Installments shall be paid
annually for the remainder of the tenn of the original
assessments, together with interest on the balance remaining, at
the rate of six and one-half percent (6.5%) per annum. A
schedule of such charges is set forth in Exhibit B, attached
hereto and made a part hereof.
!>. All other applicable provisions of the Near Mbuntain
Developnent Agreement executed by the parties on July 28, 1986,
are hereby made a part of this Agreement and are fully
incorporated herein by reference.
IN WITNESS WHEREOF, the parties hereto have caused these presents
to be executed on the day and year first above written.
LUNDGREN BROS. ~STRUCI'ICN INC.
CI1Y OF SIIJIlliWXD
By:
Mayor
By:4~~r~
Its:
By:
A'lTEST:
~~~~%/.
Ci ty Clerk ..
Its:
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STATE OF MINNESOl'A )
) ss
axJNlY OF HENNEPIN )
On this ~day of (\,,,,$:\ , 1988, before me, a Notary Public
within and for said County, ~appeared Robert Rascop and
Sandra L. Kennelly, to me personally known, who, being each by me duly
sworn, did say that they are respectively the ~Aayor and City Clerk of the
rrnmicipal corporation named in the foregoing instrunent, and that said
instrunent was signed and sealed in behalf of said corporation by
authority of its City Council, and said Robert Rascop and Sandra L.
=;~ri~~ledged said inst1'mleJlt G be Ge~.: ~ dee~ of said
SUSAN A. NICCUM "~ ~ \ l.l.e.C.UJYY)
NOTARY PUBLIC-MINNESOTA Notary Pub I ic
HENNEPIN COUNlY
STATE OF MINNESOl'A )
) ss
axJNlY OF HENNEPIN )
On this .Ld..~day of t!)(I/~' 1988, before me, within and for
said County personally appeare ~'te r Fila 11 (1}
~ to me personally known, who, being 8tt6fi-
by me duly sworn did say that the, arerespeetive~y theAeurtA.P J:?.uotdt"Jd
~ of the corporation named in the foregoing
ins t runen t, aBQ that tiJl€ --~""ttfH~ed...titsai(l"in5 t l"UIllelIt"'i5~the-'~rporate
seal of,.~.eerporation; and that said instrunent was signed . and sealed
in behalf of said corporation by authority of its Board of Directors and
acknowledged said instrunent to be the free act and deed of said
corporation.
~
,<}~tLL1t~
Not Pub I ic
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MCKI~LEY PLACE AT NEAR MOUNTAIN
4TII ADDITION
SEWER EQUALIZATION CHARGES
Lots 1 - 10
Lots 1. 3. 8 and 9
(4 lots @ A units $200.00)
$200 + $224 interest = $424 x 4 lots
Lots 2. 4 - 7 and 10
(6 lots @ B units $350.00)
$350 + $392 interest = $742 x 6 lots
Total
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EXHIBIT B
= $ 1.696.00
= $ 4.452.00
$6.148.00