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(reserued�or recordtn rnJormatton- <br /> DEVELOPMENT CONTRACT <br /> (Developer Installed Improvements) <br /> SOUTIfWAYS <br /> � PROJECT N0. 18-3998 <br /> This DEVELOPMENT CONTRACT ("Contract") dated J V N G �� 2 0I _ <br /> — _ {-_ > <br /> 2018, is by and between the CITY OF ORONO, a Minnesota municipal corporation("City"); <br /> and JAMES R JU1��T AND MARY JOANN JUNDT,husband and wife("Developer"). <br /> 1. REQIJEST FOR PLAT APPROVAL. The Developer has asked the City to <br /> approve a plat for "SovTKwAYs" (referred to in this Contract as the "Ptat"}. The land to be <br /> subdivided by the Plat ("Land") is situated in the City of Orono, County of Hennepin, State of <br /> Minnesota,and is legally described on the attached Exhibit A, <br /> 2. C�NDITIONS OF PLAT APPROVAL. The City hereby approves the Plat on <br /> condition that the Developer enter into this Contraci and furnish the security required by it. The <br /> City will cause the Plat to be duly recorded in the office of the County Recorder in and for Hennepin <br /> County, Minnesota, promptly after compliance by the Developer with a11 conditions <br /> 1 <br /> 5outhways V3 <br />