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HomeMy WebLinkAboutRelease of developers agreement , � _ _ � f � S-���-.. ��-� � Doc No T4819299 Certified, filed and/or recorded on 12/22/1 D 3:00 PM Office of the Registrar of Tities Hennepin County, Minnesota Michael H. Cunniff, Registrar of Titles Jill L. Alverson, County Auditor and Treasurer Depury 16 Pkg ID 680275 Doc Name: Release Document Recording Fee $46.00 Document Total $46.00 Existing Certs New Certs 1203996 This cover sheet is now a permanent part of the recorded document. U � 2�g Q� ���� ��. �us��r� �lor:��; �idrs �i�ie RELEASE OF DEVELOPER'S AGREEMENT RELEASE granted fi�o�Pvnb�e�' z� , 2010, by the CITY OF ORONO, a Minnesota municipal corporation ("City"). WHEREAS,the City has been requested to release and discharge Lot 4, Block 1, Fullerton Estates from the recorded Developer's Agreement with James G. Fullerton III and Robert A. Stein, Trustees of the Elizabeth L. Fullerton Revocable Trust U/A dated 1/4/85, as amended, with Elizabeth L. Fullerton, as donor, their successors and assigns, dated September ]997, and recorded with the Hennepin County Registrar of Titles on December 11, 1997 as Document No. 2868637 ("Developer's Agreement"); and WHEREAS, the City has accepted all of the improvements related to Lot 4, Block 1, Fullerton Estates under the Developer's Agreement and there is no longer a need to have the Developer's Agreement recorded against Lot 4, B[ock l, Fullerton Estates. NOW,THEREFORE,be it resolved by the Orono City Council: Lot 4, Block 1, Fullerton Estates is released and discharged from the Developer's Agreement for Fullerton Estates dated September 1997, and recorded December 11, 1997 as Document No. 2868637 with the office of the Hennepin County Registrar of Titles. d ADOPTED this o��-n'' day of_/�/e��e,r b� , 2010, by the City Council of the City of Orono, Minnesota. CITY OF ORONO B Y• 0�-y ��(.�/hv�_ J es M. White, Mayor BY: essica L u , i Administrator 154977v01 j ORONO:Fullerton Estates S RN:11/22/20 I 0 STATE OF MINNESOTA ) ( ss. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this .12"� day of tio��,«��i, 2010, by James M. White and by Jessica Loftus, respectively the Mayor and City Administrator of the City of Orono, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. �i1-t l,��� !/�?�- Notary Public LINDA S.VEE NOTARY PUBLIC-MINNESOTA My Commission Expires Jan.31,2015 DRAFTED BY: CAMPBELL KNUTSON Professiona!As.sociation 317 Eagandale Office Center 1380 Corporate Center Curve Eagan,MN 5 5121 Telephone: (651)452-5000 SRN:ms 154977v01 2 ORONO:Fullerton Estates SRN:11/22/2010 Doc No T4819300 Certified, filed and/or recorded on 12/22/10 3:00 PM Office of the Registrar of Titles Hennepin County, Minnesota Michael H. Cunniff, Registrar of Titles Jill L. Alverson, County Auditor and Treasurer Deputy 16 Pkg ID 680275 Doc Name: Certificate of Completion Document Recording Fee $46.00 Multiple Certificates Affected $100.00 Fee Document Total $146.00 Existing Certs New Certs 1203996 1024766 1029156 1162848 1199030 1203996.5 This cover sheet is now a permanent part of the recorded document. - � - - d � 2 v� 4�,� � /c�2Q 7� G /DZ-�r�� ll��. �'c�c� ll 1���,.,. '�_�� -� � �- �`���� � �Cus7orn Fforne gldrs i itl� CERTIFICATE OF COMPLETION FOR FULLERTON ESTATES WHEREAS, the City of Orono, a Minnesota municipal corporation (hereinafter referred to as the "City"), and James G. Fullerton III and Robert A. Stein, Trustees of the Elizabeth L. Fullerton Revocable Trust U/A dated 1/4/85, as amended, with Elizabeth L. Fullerton, as donor, their successors and assigns (hereinafter collectively referred to as the "Developer"), have entered into a Development Agreement dated September 1997 (the "Agreement"), whereby the Developer is to construct Improvements, as defined in the Agreement, upon the following described land in the County of Hennepin, State of Minnesota: � `� Tract A, RLS No. 1321, and Tracts A, B and F, RLS No. 1358, Hennepin � Qq County,Minnesota, `9 � N being final platted as Lots 1 through S, Block 1, inclusive, and Outlot A, FULLERTON � ESTATES(the"Development Property"); and ,1 WHEREAS, the Agreement contained certain covenants and conditions and the aDeveloper has fully and duly performed all of said covenants and conditions insofar as the Developer is able; and WHEREAS, the issuance of this Certificate of Completion by the City is not intended nor shall it be construed to be a warranty or representation by the City as to the structural soundness of the Improvements, quality of materials, workmanship or the fitness of the improvements for their proposed use. NOW, THEREFORE, this is to certify that alI building construction and other physical improvements specified to be done and made by the Developer under the Agreement have been completed and all of the covenants and conditions in the Agreement relating thereto have been duly and fully performed by the Developer therein and that the provisions of the Agreement in favor of the City therein are hereby released absolutely and forever insofar as it applies to the construction of the Improvements on the Development Property, and the County Recorder andJor the Registrar of Titles, as applicable, in and for the County of Hennepin, State of Minnesota is hereby authorized to accept for recording and to record this instrument, to be a conclusive 154971 vOl 1 ORONO:Fuller[on Estates SRN:1 1/22/2010 determination of the satisfactory termination of the covenants and conditions regarding the construction of the Improvements on the Development Property as provided in the Agreement. IN WITNESS WHEREOF, the City has caused this Certificate of Completion to be duly executed in its name and behalf on or as of the a�-~-=' day of �p��mb{r , 2010. CITY OF ORONO BY: �'( w � Jam s M, White, Mayor � BY: J ssica L us Administrator STATE OF MINNESOTA ) � 5S. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this�a"� day of /t'Uod�eir� ,. 2010, by James M. White and by Jessica Loftus, respectively the Mayor and City Administrator of the City of Orono, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. e�°� ,� �/� LINDA S.VEE Notary Public NOTARY P�Jg���.p,�IHNESOTA MY Commission Expires Jan.31,2015 DRAFTED BY: CAMPBELL KNUTSO?J Professiona!Assoceation 317 Eagandale Office Center 1380 Corporate Center Curve Eagan,MN 55121 Telephone: (651)452-SQ00 SRN:ms 154971v01 2 ORONO:Fullerton Estates SRN:11/22/2010 , _,...�.,.,...�;.�...�