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HomeMy WebLinkAbout3rd Amendment to developers agreement N-5-6D asfi a.77,,Vzt 6trAt ge__ A/ 111111111111 1111111 1111111110111 Doc No A10073102 Certified, filed and/or recorded on Apr 24, 2014 12:00 PM Office of the County Recorder Hennepin County, Minnesota Martin McMormick, County Recorder Mark Chapin, County Auditor and Treasurer Deputy 13 Pkg ID 1104060D Doc Name: Amendment Document Recording Fee $46.00 Document Total $46.00 This cover sheet is now a permanent part of the recorded document. Doc No T05161145 Certified, filed and/or recorded on Mar 28, 2014 12:00 PM Office of the Registrar of Titles Hennepin County, Minnesota Martin McCormick, Registrar of Titles Mark V. Chapin, County Auditor and Treasurer Deputy 13 Pkg ID 1095969M Doc Name: Amendment Document Recording Fee $46.00 Multiple Certificates Affected $40.00 Fee Document Total $86.00 Existing Certs New Certs 1348653 1348700 1351279 This cover sheet is now a permanent part of the recorded document. I 7 (//' 21i"77 (reserved for recording information) AMENDMENT TO DEVELOPMENT AGREEMENT CRYSTAL BAY BUSINESS CENTER AGREEMENT ("Agreement") dated March 6, 2014, by and between the CITY OF ORONO, a Minnesota municipal corporation ("City"), and Pine Corner Properties, LLC, a Minnesota Limited Liability Company(the"Developer"). 1. DEVELOPMENT AGREEMENT. The City and Ryan Companies US, INc., a Minnesota corporation (predecessor to Developer) entered into a Development Agreement for CRYSTAL BAY BUSINESS CENTER dated December 5, 2007, recorded December 27, 2007, with the Office of the Registrar of Titles for Hennepin County, Minnesota as Document No. 4457476 and with the Office of the Hennepin County Recorder as Document No. 9079458; as amended by a Second Amendment to Development Agreement dated September 26, 2011, recorded December 30, 2011, with the Office of the Registrar of Titles for Hennepin County, Minnesota as Document No. T4914548 and with the Office of the Hennepin County Recorder as Document No. T9732423 (as amended, "Development Agreement"). 1 167790 2. REQUESTED AMENDMENT. The Developer has requested an amendment to the Development Agreement to eliminate the requirement to remove the existing metal building that is on Lot 1, Block 2. 3. CITY APPROVAL. The Orono City Council has granted approval for such Amendment after meeting with the Applicant at a regularly scheduled meeting on November 26, 2012. 4. AMENDMENT. Subparagraph 20E of the Development Agreement is hereby amended to read: E. The existing metal building that is located on Lot 1, Block 2 may remain on the site and be remodeled/renovated consistent with all applicable local and state regulations. IN WITNESS WHEREOF, the Amendment to Development Agreement was executed by the parties the day and year first above written. CITY OF ORONO 16),(44 By: ja 4yri Lili Tod McMillan, Mayor (SEAL) AND � � ( ti /JO<<f2--- Rachel Dodge, City Clerk STATE OF MINNESOTA ) ( ss. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this ! 3 day of k�CLIMA_i. (V , 2014, by Lili Tod McMillan and by Rachel Dodge, the Mayor and City Clerk of the G.ty of Orono, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. czj1p-v —61 . .l f :4,:' MONICAA.FADNESS ti Notary Public .r,-zl NOTARY PUBLIC-MINNESOTA 'r Cumission Expires Jan.31,2017 2 167790 DEVELOPER: • 6Pfra1P I®p&-hes, Z1,G By: h f/sda�,Its Pfre- 7:0 #1 - STATE OF MINNESOTA ) ( ss. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this Pr& day of Mu,rGi1 20 04 , by Andrmi � 6dal the es cluv&" of £orriefr , a Minnesota L.t-e, , on its behalf. Donna J. Foss �` `. % Notary Public Notary Public t Minnesota � My Commission Expires January 31,2015 DRAFTED BY: CAMPBELL,KNUTSON Professional Association 317 Eagandale Office Center 1380 Corporate Center Curve Eagan,Minnesota 55121 Telephone: (651)452-5000 (SMM/jmo) 3 167790