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10. Update to Feasibility Study for Street, Utility and Drainage Improvement to Teton Lane and Lilac Lane
c I TY -0 F /0 .......... CHANHASSEN k , 1 , 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 ,) z asRn:nr MEMORANDUM •�--- -_ TO: Don Ashworth, City Manager ;. o Z _ b- - FROM: Charles Folch City Engineer 1 S DATE: February 5, 1992 cv ‘ , :,; II SUBJ: Authorize Update to Feasibility Study for Street Utility and Drainage Improvements to Teton Lane I (Ashton Court to Lilac Lane) and Lilac Lane (Teton Lane to County Road 17) Project No. 91 -4 ff I A feasibility study for the up to Teton Lane was originally prepared in 1988 by ` e •nsulting engineering firm of I William R. Engelhardt & Associ.w ; es. � The study was undertaken at that time in association wit A the , rry Farms development. A ,. number of alternatives were uggest � for improvements, one of which was employed and yi ded the .resent street situation, including the barricade jus • orth of A ,.,• ton Court. In early 1991, North Shore Partners had s.; red a pure.se option for the 10 -acre Donovan parcel located ii,fediately west f Teton Lane and south of I Lilac Lane. As a part r 9 their develops t proposal, North Shore Partners petitioned the '` City to update : ' feasibility study for improvements to Teton n Lane and a portion of Lilac Lane between I Teton Lane and County Road 17 and provided ' = e necessary securities to insure payin t • - -, ibilit study update. On February 25,`1 4 _ ° ' ized the update to the original featibi . ., ' x ~ r : - f ... , e r r +4 .t u „ = a ' • a project progressed during 1991 Apparently North Shore Part withdrew their purchase option for the property and the - •ility study update was never complete f,s 4 Since that time, the property r ,- sy - ow been acquired by Hil loway Corporation headed by Jim Fenni Mr. Fenning and his associate, I Mr. Richard Bloom, have recen� - • met with staff to discuss a preliminary concept plan for development of the property and other related improvement items that would be associated with their I development proposal. In evaluating the preliminary concept plans, it is likely that access to the property will be gained from existing Teton Lane. This segment of Teton Lane between Ashton Court and Lilac Lane is a substandard City street existing within Al voor PRINTED ON RECYCLED PAPER 1 Don Ashworth February 5, 1992 Page 2 11 a 33 -foot wide roadway easement. Development of the approximately 9 acres of property immediately to the west will need sanitary sewer and water service, storm drainage, and at least one road access from Teton Lane. Given that these improvements to Teton Lane would be public improvements within an existing City easement or right -of -way, the developer has formally petitioned the City to update the feasibility study for these improvements to Teton and Lilac Lane and has agreed to provide the necessary financial securities to guarantee payment of the feasibility study. As I mentioned reviousl Engelhardt & Associates prepared the P Y. g P P original feasibility study for the street and utility improvements to Teton Lane and they are very familiar with the history and integrate issues associated with this street improvement. Therefore, I have contacted Bill Engelhardt to request a cost I proposal to perform an update to the original feasibility study. The cost to perform this service along with conducting some needed survey work is estimated to be approximately $5,000. Given that there is a proposal and formal request for development of this 9 -acre parcel which will derive City street and utility services, it would seem appropriate to reevaluate the street and utility needs of this area and prepare and updated feasibility study for improvements to Teton Lane and Lilac Lane between Teton Lane and County Road 17. Therefore, it is recommended that the City Council authorize the updating of the original feasibility study for street and utility improvements to Teton Lane between Lilac Lane and Ashton Court and Lilac Lane between Teton Lane and County Road 17 conditioned upon the owner /developer providing a total security (letter of credit or cash escrow) in the amount of $5,000 to pay for the study and that the consulting engineering firm of Engelhardt & Associates be designated as the engineer on 1 the project. ktm • Attachments: 1. Location map. 2. Petition for feasibility study update dated February 4, 1992. 3. Cost proposal from Bill Engelhardt dated January 28, 1992. 4. Staff report dated February 15, 1991. 1 5. Staff report dated February 5, 1991. • 1 1 1 1 Don Ashworth February 5, 1992 Page 3 c: Bill Engelhardt, Engelhardt & Associates 1 Dave Hempel, Sr. Engineering Technician Mr. Jim Fenning Hilloway Corporation 2058 Acorn Circle Wayzata, MN 55391 Mr. Richard Bloom Land Concept Corporation 14600 Woodruff Wayzata, MN 55391 1 1 1 1 . 1 1 1 1 1 1 1 0 5 1 3 I; 4 cor of h 'l Sec 35 - • ' 1 M - -. 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I”" z ,n ASHTON COURT 5. °� ° L o ' S R REAMER ^ '� T CT NO 5808 _ d w t c . • } � _ a `Z Z ° i.. z ° ROBERT a c Y tJ 27 v, ; CTF N0. 15 J v C r o 86 ' ' � /� S aD1 P 42 f 5 -- -. .1 } # 3 N, `. , `' "' a 55 85 n J � : 11 'a ^rv, pq` LISBON MFTG 7 9 0 \.L f0 7 O' of Y' Gf j - �J , ,,op�y, W \s 1`` 1I - - -- ne - NO 8 7 ,1 4 a 1 4 ` ` ` 33 � Sa , lac C o• . 8 �OUTLOT C 11 S � / ,, 1 °,c NQ V I , ° .� 12 7 I 2 7 1 _ _ _ 1 TETON 1 . L- Z e . 3 _ � . 3 3 4 5 6 r 2 2 \1 •s 4 'v r /I ' �r ----- Q -- 5 yr 1 I 6 PARK 1 1 LOCATION MAP 1 LAND CONCEPT CORPORATION R `C ' _` 14600 Woodruff Road Wayzata, MN 55391 FEB 0 5 1992 CITY OF CNtii til ,nJS� February 4, 1992 1 1 Mr. Charles Fulch 1 City Engineer City of Chanhassen 690 Coulter Dr. Chanhassen, MN 55317 Dear Mr. Fulch, On behalf of Hilioway Corporation, purchaser of the property bounded 1 by Teton Lane on the east and Lilac Lane to the north, we hereby petition the City of Chanhassen to revise and update the feasibility study for Teton Lane and Lilac Lane. We understand that this will be completed by William R. Engelhardt Associates, Inc. with a `cost estimated not to exceed $5,000.00. Please contact us regarding appropriate sureties necessary to undertake this project. Respectfully Submitted; 1 Richard H. Bloom, representing P g Hilioway ay Corporati i f CH Panto FF G 0 �1992 ' lNEf rtING p 1 APT. 1 1 1 WILLIAM R. ENGELHARDT ASSOCIATES, INC. ' 'on4a.th;ng e'nfflinee44 1107 HAZELTINE BOULEVARD CHASKA, MINNESOTA 55318 ' (612) 448 -8838 CITY OF CHANHASSEN January 28, 1992 JAN `'9 1992 ENGINERING DEPT. City of Chanhassen c/o Mr. Charles Folch 690 Coulter Drive Chanhassen, MN. 55317 RE: Proposal for Engineering Services For: Teton Lane /Lilac Lane Improvements Honorable Mayor and City Council Members: Thank you for the opportunity to provide a proposal for our services on the above named project. We propose to prepare a feasibility study for the improvement of Teton Lane /Lilac Lane upgrading for a lump sum not to exceed $3,500. We anticipate some some survey work will be required to determine alignments and site distances. This work will be completed for a lump sum not to exceed $1,500. We will undertake the survey work at an hourly rate of $80.00 per hour. If the hours are less than anticipated, you will be billed accordingly. Again, thank you for this opportunity to provide our services. We will look forward to working with you. i Very truly yours, WILLIAM R. ENGELHARDT ASSOCIATES, INC. William R. Engelhardt WRE /las 1 C 4 C I TY O F . __. _ , • -4 , taaNaassEN 1 _„ . .;,,,.,.__. fi r , i •`^ �.•.. e' ' 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 'y Action by City 'y r:+dminrstreer MEMORANDUM 1 trIfIn � . V p TO: Don Ashworth, City Manager FROM: Charles Folch, Asst. City Engineer ire s .. -1 DATE: February 15, 1991 Q. . II SUBJ: Authorize Feasibility Study for Street and Utility Improvements to Teton Lane from Lilac Lane South to Ashton Court and Lilac Lane West to Powers II Boulevard, In Association with the Development of the Donovan Property LUR 91-1 Project No. 91 -4 II You will recall that this authorization for the feasibility study was tabled at the February 11, 1991 City Council meeting. The primary reason for tabling this item involved questions related to Mr. Donovan's true intentions for the II property. A neighboring resident testified that he had conversations with Mr. Donovan over the prior weekend of which Mr. Donovan stated that he had no intentions on selling the property. The Council questioned staff as to whether II we had actually seen an official purchase agreement for the property in question. I explained to the Council that the prospective developer, Jim Ostenson, met with City staff on two prior occassions and presented a number of professionally prepared conceptual design schemes for the property. It was II apparent that a significant amount of expense and effort was being committed by this developer on the property. Therefore staff had no notion to doubt the intent of the developer to purchase this property from Mr. Donovan, II I have since contacted Mr. Ostenson who has sent me a copy of the purchase agreement with Mr. Donovan which was signed by both parties in October 1990. I il have also received a letter from Mr. Donovan's representative on his intentions to sell the property and a request for the City to initiate a feasibility study for the street and utility improvements to Teton Lane between Lilac Lane and Ashton Court. 1 Another question which was raised by Councilwoman Dimler related to why the City was administrating the preparation of the feasibility study. As I had responded II at the meeting, this segment of Teton Lane is a substandard City street existing within a 33' wide road easement. Development of the approximately 9 acres of the Donovan property to the west will require the need for sanitary sewer and water service and at least one road access which will in all likelihood alter 11 the needs and ultimately the use for this segment of Teton Lane. Given that the improvements to Teton Lane would be public improvements within an existing City easement or right -of way area, the improvement process normally initiates with II the preparation of a feasibility study for the needed improvements. From a fundamental standpoint it really doesn't matter whether it is the City or the II Do n Ashworth February 15, 1991 Page 2 ' Developer who intends to construct the improvements. Past policy in either case has been for the City to retain the consultant to perform this study. This affords the City the necessary level of input and control over the elements of the study and the developer provides the necessary security or cash escrow to guarantee payment of the costs in preparing the feasibility study. In accordance with my attached memo of February 5, 1991 and given the newly ' acquired information that was requested by Council, I continue to recommend that the City Council authorize the feasibility study for the street and utility improvements to Teton Lane between Lilac Lane and Ashton Court and a portion of Lilac Lane west of Powers Boulevard (CR -17) conditioned upon the applicant/ developer providing a total security (letter of credit or cash escrow) in the amount of $5,000.00 to pay for the study and that the consulting engineering ' firm of Engelhardt & Associates be designated as the engineer on the project. lap Attachments: 1. Memorandum dated February 5, 1991 2. Proposal fran Bill Engelhardt 3. Copy of Purchase Agreement c: Paul Krauss, City Planner Dave Hempel, Sr. Engineering Technician 11 Jim Engelhardt, Engelhardt & Associates Jim Ostenson, James Development Company 11 • 1 1 1 C ITY rht OF II CHANHASSEN 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 ft MEMORANDUM i ` • - - r TO: Don Ashworth, City Manager a '7-tiL -- FROM: Charles Folch, Assistant City Engineer DATE: February 5, 1991 _ 1 SUBJ: Authorize Feasibility Study for Street and Utility Improvements to Teton Lane from Lilac Lane south to Ashton Court and Lilac Lane west of Powers Boulevard, in Association with the Development of the Donovan Property. LUR 91 -1 Project No. 91-4 • II The segment of Teton Lane from Lilac Lane south to Ashton Court is a substandard city street that is currently barricaded at the intersection with Ashton Court. I am sure you are well aware of the issues that arose and the history of events that occurred during the development of the Curry Farms Addition that produced the current status. This substandard street improvement was believed to be the appropriate compromise since only one property owner, Natole, would be utilizing that segment of Teton Lane for access. At the time, none 'of the property owners adjacent to this portion of Teton Lane expressed any intentions of developing their properties any time in the near future. 1 City staff has.recently received and inquiry on the ten acre parcel, owned by James Donovan, to the west of Teton Lane. In fact, the prospective developer and his engineer have net with staff to display and discuss sane conceptual development plans for the property. During our discussions, the developer was informed that a development proposal for this property would require the impro- vement of Teton Lane to current City standards and as a minimum, depending on access configurations, would require improvement to the segment of Lilac Lane from County Road 17 and Teton Lane. In response, the developer has made a for- mal request for the City to initiate a feasibility study for the improvement of Teton Lane and Lilac Lane and has provided the City with a partial escrow to confirm their intentions. ' A feasibility study for improvements to Teton Lane was prepared in 1988 by the t consulting engineering firm of William R. Engelhardt & Associates. The study was undertaken at that time in association with the Curry Farms Development. A number of alternatives were suggested, one of which was employed and yielded the present street situation. Given that there is now a proposal for the•developnent of the Donovan Property and based on the information and comments received fran residents and other associated parties following the previous feasibility study it would seem appropriate to reevaluate the street and utility needs of this area and prepare an updated feasibility study for the improvements to Teton Lane and Lilac Lane. Don Ashworth February 5, 1991 Page 2 1 Engelhardt & Associates are very familiar with the history and issues associated with this street improvement and therefore, would be the appropriate consulting engineering firm to perform this feasibility study. I have recently received a proposal from Engelhardt & Associates to perform this updated feasiblity study. The cost to perform this service along with conducting 11 some needed survey work is estimated at approximately $5,000.00. Therefore, it is my recommendation that the City Council authorize the feasibility study for the street and utility improvements to Teton Lane and Lilac Lane conditioned upon the applicant /developer providing a total security (letter of credit or cash escrow) in the amount of $5,000.00 to pay for the study and that the consulting engineering firm of Engelhardt & Associates be 1 designated as the engineer on the project. lap 1 Attachment: Proposal from Bill Engelhardt c: Paul Krauss, City Planner Dave Hempel, Sr. Engineering Technician Bill Engelhardt, Engelhardt & Associates Jim Ostenson, James Development Company • • 1 1 1 1 1 1 1 1 1 1 • �l - 1 WILLIAM R. ENGELHARDT ASSOCIATES, INC. L 071JU��.�77l� « v ine RECEIVED 1107 HAZELTINE BOULEVARD JAN 3 0 1991 CHASKA, MINNESOTA 55318 (612) 448 -8838 .CIT Y ur January 29, 1991 1 1 City of Chanhassen c/o Mr. Charles Folch, Assistant City Engineer 690 Coulter Drive Chanhassen, MN. 55317 RE: Proposal for Engineering Services 1 For: Teton Lane /Lilac Lane Improvements Honorable Mayor and City Council Members: Thank you for the opportunity to provide a proposal for our services on the above named project. We propose to prepare a feasibility study for the improvement of Teton Lane /Lilac Lane upgrading for a lump sum, not to exceed $3,500. We anticipate some survey work will be required to determine alignments and site distances. This work will be completed for a lump sum not to exceed $1,500. We will undertake the survey work at an hourly rate of $65.00 per hour. If the hours are less than anticipated, you will be billed accordingly. 1 Again, thank you for this opportunity to provide our services. We will look forward to working with you. Very truly yours, 1 WILLIAM R. ENGELHARDT ASSOCIATES, INC. E j.4 r !���� f •• J William R. Engelhardt JAN., ; WRE /1as kP r. 1 1 I• . - ��� - -_ w�.D 11 : 1.� - - F C 4 l } A DDE��DUM TO PURCHASE AGRE.EMEeT Addendum to Purchase Agreement dater; October R, 1990 between J `•DES H. DONOVAN, Seller, and TORTH SHORE PARTNERS, Buyer. II Notwithstanding any contrary terns contained in the r t Agreement form to which this Addendum is atta:hed and .nte printed rted Fui�.hae sj 5 this Addendum take � rdi.t� that the pruvision of precedence over any such ir_consistent terms, the parties mutually agree as follows: Buyer steal lave the ght to prepay principal fr�;r; I'? e� o tine it full or in part, and fn �y amount ri without pena3ty, A1i such prepay,, is sh11 apply first 1!4 to principal i eta112rents due In the order of tleir ;*.at r payments, inc •ng the earnest mcney and down payment sh y All 1:: a_ 1 toward ii releases for 1 is es hereinafter referred to. P toward II perform Euyers obligation to Bu following p hereunder is exp esely centii ioRed upon the conditions having been satisfied or waived: II (a) Buyer making soil and eng_neeeing test; s r M _ and _�,..a_cs (the Tests) ripen the property, the scope, pu_-pose a::d results of e ic'., are satisf T t • in Buyer's sole discretion. If :he ; �e s ests �r not satisfactory to Buyer, Puyer shall so re `if '' e the Tests t are not ° , ^r ° -_ eupon this s Agreement shall be voidable in writing t1r Y• � Are shall by Buret, '.n which case all earnest II y shall be b:'a.its Buyer end its returned to Buyer and neither tart al , to the other hereunder. Seller hereby shall �e r i t s liable permission to upon the agents �o upon the Property' for purppcses of making the ifstee. Buyer shall fully and forever ineemn?fv and save ha:eles Seller from any claims, II_ liens and expenses arieing therefrom. Unless Buyer notifies Sel1e_ jn writing within sixty (60) days from the I date of Seller's acceptance of this Aaree-r.ert that the soil tests are not satisfactory, this condition s'iall be deemed tc be waived by Buyer. II (b) Buyer obtaining from the City of Chanhassen e d all ether local, state and federal governmental autheritiee having uz *r�vai. g J isdic,.ior� thereof, all necessary Permits and ap r to rezone, plat and use the lard according r to the Buyer's Developeent Flan 17 ,1,S th c edi *io in uritirg by Buyer c € * r ' . � � 7� not fulfilled or option, by notice in writing, ` ° "`' then Buyer, at Buyer's g, addressed tc� Seller, may ter :�di.nz.te this . Agreement, in which case all e�.rnest •:one ` neither shall be returned to 8•�ye�• and party shall be further liable tc the other hereunder. Notwithstanding anything he;. einbeforY eonta.i n: i, P�,.y��, time ,- - a tit, t r :..inate thi es . this Acre ,rent and re of the earnest money, if in Bu ceitie a refund , yers sole discret on, Buyer determines that I Buyer will be unsuccessful in fulfilling any or all of the aforesaid conditions, . 1 •- -- A. - a i w t L 1 1- .- 9 . P.01 II • y II ADDENDUM TO CUN:F ASE ?CAEEurNI PAGE TWO • 1 Seller agrees that th.:y well .oil with :he Beyer in all requests that shall be made by the Euyer at any -.i:r:e re a .ive to zoning execute :.ith the Buyer a�•: • �, t Cr platting and will II y and all ea_1 .tents, etc., reeui:•ed in connection -, with said requests end will give tta Euyer all their cooperation in of c o�tr.eet;or� ::rere. tp., it being Fk'St)Gd that all costs s.rd yxpertses will be b by the Buyer. , Buyer shall t o entitle: *.o i.:irestrR c ! possession t?e ?roper:y a tei• closing. Buyer agrees tt:at ; tt 1d .�,L sha to vnd c: astir z d o Buyer has r .• .. lo� or garcel until y ec ived the r�arranty Deed for that. lr. may hoc: Y : =a eel frc^� Seiler. Buyer ():( even pj ar to e 'ece-z t of said •'arr =:,t D ed fo. any s parcel, remove y u t•. lot s, II and endergrochh, ccns:ruct rC� t.� and ir.�Lail Ltilities, grade to provii \proper dnair:age, and rai�.e lo.a c:r as and level high areas sufficiently to at on :on$t ;'uc:ion thereon and acne: hereto. No action taken . 4 1 pursuant to th •. p e raph shall b e:e 'ed ':o ec � d ' Sellers ,;i have the . ,, e_�.� _ ,., rsabii•l_* ; tut waste. . ` E the pa a . prior to the :ate of ; l•,, .. of re::;.�i:t� a� ;::i,' :C -nt 3:; debris from • 4 ing; 4 in II ary Buyer ser 1� .r - :.ro;. arc ard al 1. acti vrees to held Sp.1 o r B _ _ - �la?�,s arising from cyei , -. a y ' eess f _ ea4Fd : , .- U.'2, r, f , }, Buyer shall reimburse Se1Seller for m �- ,� � e E Fert ;. Bud.. • gaga. L '. e e.' r,..ed c from ?eti.it ,e ,;. , '� by el' - - =r i�::?e_er. a a„air:st clair�s resulting from s c.,.-a..c. d by Buyer on the eu'eject Property. Any bonds or letters of credit r=quirad :o be f::rnish ed to the City of Chanhassen will be at the sole expense of the Buyer. 11 Within ninety (90) from the date of ce tnancE of this t� � �.n,s f.o,.. ..a ,:. �. ac � :` Agreement, Seller shall have a sur4e of the F -o 'v ••. � .: P =rte e epa. ed by a Minnesota Ppgiste- Surveyor, certified to date to Buyer shoeing: (a) The number of acres contair;rc in the t•rcrertt e :ticludin land thereunder :;;n;a:sied � t• S attic roads and II to Cie :,earns: c,:e hundredths (1,100) of an acre; (b) The exact legal a es -iptio n end bour:t i y linen of the ( II c) Encroachments from or onto the Property, if any; (d) Lines of occupation, if different iron the bo thereof; (e) Lo :at_t ;n of utility Y 1 it. lines and e'sements of record or e•ppeari :-g thereupon, if any; (f) Assure tearin s * 1 ,�s used b y the surveyor; (5) Direct legal access fro't1 a pnb ?.ic roae to the Property; 1 (h) The location of all teildinte aed ether improvements on the Property. II 1 1 • II APDE.,» TM TO PUt • S &$E A l :EE 1EN T PAGE THREE The purchase - icf o: $110•0OC.00 is based on c•aiR :-,.rte ' ei: ;g 9.0 acres, 11 #°\/./ the cc r eage sh elby tie su: veyo r, exc lud i:ne public roads -,d .and thereunder, is more or less ::re! 9.; acres, the 7urchase price and the ^ . unt of the Contract for Deed shall edju ;ted accexlirgle. To the best cf Seller's l:newleeee there are no .existing violations of y6) envirc ;nmental poilutio1, or hazardcus caste laws, standards or regulation with respect to the Fropert; . n -hc evert that it is d' covered that h 'rdous waste 1 or enviroYc i:tal pc11u:3cn exists on the Peeper. Seller shall responsible for its clAt up in a :or.. Y,d r.,arrer satisfac c y to the Buye . The exec ion of tti a f: nal plat whip.; provides , the ded' ..ation of park land, - II road; ar a ; na ;e _Aese.l ertt$ shall n6t Se c :,nside d e Sere - se of land. From and after � eac eye. t: -t of principal ircludine the \ rn.st . oney and doanpayment, Buyer steal : he :-:atitlt d to a enrveeance by War.. :ty t ed of i0t6 (five acre i inimurn size liatted eithin the P:-op e. t y • The :` =s' nce value .. : or. each lot shall be 13 ,r .f the q..otiellt cf th °. p ur price' ' ..idcd by the total 'number of ur:7: is to 0_atted on the Property. In the eve .'.' hat the Property is not platted, £L. eer \hall rct be entitled to the release if \y land prior to payment in full of lhe ra'tr ac•. fcr Deed. II Notwithstanding any of ter +evisic: s of this r trary, it is p- is A €:ee�r:..t to the con specifically agreed that Seller= sere rc-�;edy up'n default by Buyer hereunder . shall be to ter: .sate he A_reeme;.t and retain the Earnest money as liquidated damage. Seller shall have no re. edy for specific perfcrrrance nor any action for ' - damages, nor eey for; of persona'; r :against Buyer. It is further unders :odd the Euyer shill ir;de:'nify and hold Seller harmless from au mechanic's lien or other clams daring the existence of the Contract for Deed herein described. "� �., r e e:i ,f i .. ,, / ���tri t �C'[ tCed i� to f f ° '.- L ) ff � 4 . 1. 1 (� Ca [ j• r • . ','l � •` l [r S��/ ��I f'�•r C[1��' 144,4 i i l 'rr �` t rc f 114-f r het. . 0 I l i l t .•., r,/, ; e et. ` fl g ,11 „ / I i 4 l U�' �� `' i , � SELLER: j BUYER: I ^ crth tre Partners .7e. 4S H. Donovan arses L. Ostenson, Partner I A dress: I . 408 Creekridge Curdle, Suite 310 . Boomington, MN 55439 1 • . 3' . ....iptt. 1 so:. a Con:icht La. 1 PIJECI .t, ALyiu:11./...e.iivi , • :sr:: orr s . et , 18 1, Minneapolis • of ,K•linn,!:.:3 _ _ , • Z. RECEIVED OF North Shore Partners ---- - - - • r ' ,:,.. 3, th s of *ir •'s•In ThnttqAnd And 001 -• CLQ frmi ... Do re 2 00C , OC el 4, by roivoi•tWigX-XXXXXXXXX as earnest money to be eapoed tis.o r.(-A". t D !Or accepience h tr _.st e.;count of listing br . -,li 5. (unle.ss otherwise specified In writingl end In pan peyrr or. for the purele 7.,1:! fil inplly descrod u 6. . - 7' -- < : 8. located at (Street Address) .',4 -''-r. -- p ::: 9. City of Ckanh s s en Count/ o -- - • .p, .....t, • . e State of MInne ti.„- . a f Car vr . ::e'.;• - 10. including all plents, shrubs and trees, all storm windows and/or inse:ts, storm. de :ts, s:: eens, awnings, vpr,ow shades, blinds, curtain dl'4% 11. traverse-draper/ rods, attached, lighting fixtures with bulbs. plurr bing fix.tur es, v:o ter 1i heating system, humid liar, central alr conditlo ',iirr. 12. electronic air filter, eutomatIc garage door opener -with carte s, water set:env, ea eis to evieion cedsts e id ea : ling. BUILT-INS to Incl I. 13. dishwasher, garbeee disposal, trash compactor, over, cool :op move, microwa.t evaN, hood•(an. inter:cm, !Imaged Carpeting, IF 14. located on the premises which are the property e SE:ler and z is:, the lo".ay.ing per.e:nei p Donova • 15 Chanhassen, Minnesoa, egal to ta, l be detecminee by survay. t t ? _ AIL , . , 16. _ ... .4 17. ell of which property Seller has this day sold lo Buyer for the curr re!: 5 . .... /Gr.;4/t.' , , 7 . ____„___ _ ,..... IL *** One hundred --. thousand and 00/100 ... Dollars 9, --, it I El ) , ..._.,._............. .4.--:,.--- . AM 'pp .7e " - ,• t - /, ...‘ _-_ - .1 - •,- ri-. 7-7 • :r7 LT 1 v \ 0. whic - h Buyer egrees to,p In the following m , le 16F 1 lc:: cy of a .:-..12-!_letiz. '. • ..r ;;:r --.- -___ and 'i , • ,12/NOVe • %.;) cosh on .. •:'" re Mai ._ .11)/7 ., t - , iht. at of cl sing, a • the bal :-. ' b ie. , t 1:- .5 f .")•",) 0 s.' •• , - De - , 22, of $ t q • a . It by financing 3; ( 0:17/v$: i ,-,---: - '-_"" ., `,.. • --- t • a e •• t - act For ----- Tr,/ ,. (Minnes 23. Unif orrn Co ey nce #5. 4-M) with payment: e .r $ 000. CC in :11.14f intere:i.t at le e rate of • ---67-- 7 - 71 - I if) 24. 9% per arm One (1) year f rorn . the date £ ..c los ing a7.-1 2 .i.) Inc uo 41=11 2 rat e of 9% • er annum ea ch yz. chi:I arter u7. ir • et- ;Er feT' s . rat e at f 26 of clOsine '. which time the entir e - ,4.nc r'pal halarx e t :13_1-i .. r.tit'n i:' tie est • hereon 27. 'L shall be A ..nd payable in full. 1 if- - - 30.• - - _ 31. Atteched aro 1 eddenclums which ere made a pan of t tis eel eer lerA. (fitt; 32. SUBJECT TO performance by Buyer, Seiler agrees to executc and - deiver a - -7.e- _.- .... ==... Warranty D 33, to be Joined in by spouse, if any, conveying marketable litte to ho prerni5.es subject : , iy ' 0 fo.lice,.1g e:sep onsi 34, (1) Building and zoning laws, ordinances, State and Fere' re g 1,Becne i,2 Rest:vie- ., te... tge e: ,mp 'over eh: t.f the premlsesvvithou • 35. effective forfeiture prevision. (3) Pessrvation of any mirerals 0' m:ner el rights to the 3:a t.: oi M:.1n33013. (4) LAil,ty a r d drainage easeme • 36. which do not interfere with present improvements. (5) Rights )t tenants- if an* . 12 /12 a L I B uyer tg(ees •,( _ ___ L. / 1201 o( :axes lve End payable in the y • 37. REAL ESTATE TAXES Seller agrees to pey 38. 19 22_. Seller agrees to p 12 ay / 12ths and Buyer ere ts to pay 2,...".Zte of an luel instei:ment ai special assessments dui 39. and payable in the year 1922 xiax ' ogress to elt.XXillfiX on the d,t t 7, ec c,sJng al: sr.E.;16 , ,sscs:rner,ts levied and 40. Buyer shall pay texes due and payable In the year 19 .1:- and any eneeid ine'alirr er,:s of special ism arier.ts payable the .r.? 41. and thereafter. Seiler warrants that taxes due and payable in he year 19 .._:. 9' '...t___. wil t-a Y homestear 42. classification. Neither Seiler nor Seller's Agent m3es any rep: eeent alien conee 1 .;* rr,:r.g the a riount of f.:turt resi estate. taxes, r 43. WARRANTIES Seller warrants that buildings, if any are 6 Itireiy within the Le Jnos y :ines of the pr ern's' s. Seiler warrants that 44. appliances, heating and air conditioning, wiring 3r.d plumbing used end tecated on the rce^oises era in ;:ope• wori , ne o'er on date of cies; ...,. . 45. Buyer has rlgh; to Inspect premises prior to closing. Buyer shell satisfy ninselfiherstiiatt .s. 'her expo t,se Clat al apol heating and 48. conditioning, wiring and plumbing are in proper working order '4 e 1;:re efocir,g. Ser . ...orrt - nts that •Se premises are cc nnected to: city sewe 7. 0 yes - 10Z no: city water 0 yes • 21 no. 0 the premises ere lestroyed or subster tieily da.neged by fire or ey Diner cause before the 48. closing date, this agreement l become null and void et Bizygr's option. end th earne.: I money shall bo telt, r :led to Buyer. 49. POSSESSION Setter agrees to deliver possession not later than - clng, i..d a le " 50. All Interest, city water and soviet charces, electricity and natural eus charges, feel o:I j r ? i!:,;„:4 peti.:.:e;:fri 0: ; sht 1 be pr.retdbetween1 61. parties as ol d ;IX O_Ar___ . sem wee; rr,..v.e a:; (1 and ::: personal p r ly n. t Inctuded herein from 11 62. premises been) possession date. 63. TITLE & EXArviiNATION Seller shati, within e reesenabie lirr4 e!;e! ec•..ept;r,,; o' v 8e:crate 1. rnisf nn Abstract of Title, or e 54. Registered Property Abstract, certified to date to incLide preter searehe: e•wering bar 'er _int :les, State and Fe•leral edgments and Ilens.Buy SS. shall be allowed 10 business days after receipt for examinetion of tide en:: making en1 eb;ec: ans. wh.ch $h:111 be met in wilting or deeme 56. waived. 0 any ob;action Is so made, Seller shell be allowed 120 Gays to mol e title ma: I eletie. Pending correc len ti! title, payments hereund 87, required shah bo postponed, but upon correction 0 tide and •vallIn 10 days after ....r:tit n not.ce to 3 eye', the pert shell perform thi 58. agreement according to Its terms. If title Is not corrected within 120 days !torn the da e of .yri:tei ch)eclion, his a:reef:tent shall be null end 69. void, et option of Buyer, neither party shalt be Ilebie for damages hereunder to the o her, end earnest money shell be efunded to Buyer. 60. DEFAULT l! title is marketable or Is corrected within sald tirne, land Beyer iefauits in .tly oi thi agreements Jeri i., Se; er may terminate MI 61. aereernent, and or, such termination allpayments made herevide - s'-!aii bo mimed LI St er .tn:Ager.t, as the:. rese. :tivt interests may appear 62. as liaeideted damages, time being of the essence hereol.Thisprovisn she!' not deorh•o e, p.Irt. of ill ,.-•hi of *Ito, • ■1^ 01" spec Pe° ific rf r mrl 63. of this aiereernent, proeidee this agreement is not terminced ere: s:::on tuenfc:ce sp e . 'it prisrmane co ;me . e.:thin six monthee 64. such fie Mel ect•o.lerises. tr. the event B.Iyar defaults In his a ; e 'amerce ot the It i -. ti :1;h:: titi Irv: Nace of Cancellation li t • 6S. Served i4,0r,t.ta Suyer PJ'aUarilt0 ?ASA 5.t; 2 t , me a rn- ir itqi pf:.o: stleii be : - ',:.,--) da at r,3triiite.. by ... UbdIVIS10/14 Of MS, 66. 559.21. 67, ACCEPTANCE Buyer understands and agrees the: this sem is st..;:ect to accepter:: Sy S e'er in e•-r.i ,i gen: .6 no' liable or responsible :fi es. on ac:eunt of this agreement. except to re:urn or ec-:ount Per the earnest money. 69. AGENCY DISCLOSURE " Acr "“''" n " L "' ----stipulates he t r si :1 representing he -r. 70. In this transaction. Tle listing agent oi broker ellpulotee. he cr die Is representIng the set' er In thls ift7f130clon. ,r.stryi Vim. 71. owner- the premises, accept this 'e ere emont a id !spree to put:hosi- tt:c premises e lee and on the term: end ; 72. tho solo hefebynocio. 1 cond for the iti s set forth above. ,,, 73, 8gLigg .:11..._:..7:il- 4 04,j .• ( 1 ( .i.. i.L • i 1\ __ SJYER . Jams H. Donovan ort The Partn -,.5,, . 74. SELLER I --.... BUYER • 1 111 .2g• I 1),N"' VIP -- *..: J mac L. dstensoblPartner 75. Delivery of all papers and monies shall be made at the office et: • t' 76. Company . 77. Address _ ._ - . - „ ---- . __. -_- Selling ezen: city __ . _ ..................... 2i j2..... 1 K1in elhutz 8�eis Ltd Re A L T O R 8 Personalized Professional Service 1 February 18, 1991 ' City of Chanhassen 690 Coulter Drive Chanhassen, MN 55317 To Whom It May Concern: This is in regards to the 9 acres owned by James Donavan that North Shore Partners is trying to get platted. James Donavan agrees and gives permission to have the feasibility study done to see if platting the land for development will ' work out. I have talked to James Donavan, who is in Florida for the ' next couple weeks, regarding this, and I am signing this as a representative of James Donavan. Regards, Brian Klingelhutz i 1 7811 Great Plains BIvd. • P.O. Box 427 Chanhassen, MN 55317 Chanhassen Office (612) 934 -0000 * Corcoran Office (612) 420 -8000 t JV A :ffL IAri .....1 '� U 1i �_ �.' _ 1 _ '� ,.., .L .r i a ._ .N..i ...1.171.1- i'i b l/:.,ls \ -046' r a•_ uyer ■ tteceipc. L ' Minneapolis 1 ._. .. r,lin;, t •a _......1_______— OIL_ . 19 2.' RECrtVto OF North_ ,Shore Partners -.. — � ___.� t'l' 3. the sum of ?' <,< Thous n. n _ OQJ::_QQ < < : <.< -- _.� ...__..___ t�oIars(c2�00(' OC • ? . 4. by t ,mac +3�Y • XXXION OC.X as ea ':. r i;ne o :, y " K roost r�ono� to be ;:spay. �d t ;:3 r.c :r. � •,s .., d� e 'tor ace ©, ;ar•cr in tr.,st e+ ;count of listing br r;i i'; �5. (unless othorwlsci specified In Vlrlting; and In part pey rr nn: (... the pure; Si; ;if ! -c - : 0 �.^' i,J' tsi - Oil ' desirr : :` 4d a; i 4 '•'ff :fir' V. '.I z ' 8. located at (Street Address) --------- -- __ _._ - ___._..__ .. � .. ha 1'1asSer. ( = 1 _ _ 411.1! 9 City of Cl tZ Coy :nr; o vN _� , State of Minnesota • 10, Includi all plants, shrubs and trees, all sto rm vr:n v n ^ 1c, i se• s ' it , s.• , = i gs, i ,c' ades, blinds, curt 5• s do, s a u •r r. 't s, lc r.: c::.:, s .ens awnings, w.r N 7 . l _ 1 . 11. traverse-drapery rods, attached lighting fixtures with bulbs, plum~ 1:0.-.g fixtures, water h- ..: :er, heating syst';m, humid'`ier, centrai 1 condition a r con > : +t • 12. electronic air filter, automatic garage door opener s, to •,f e t .' i s a d ca ;ling,. BUILT -INS to incl f . r , o o c;n with cc -� , wa, r :� ,. n r, ra',: te'��. ton cvt. r t , t,,g, 13, dishwasher, garbage disposal, trash compactor, o-en(s) coo to store, m:uo•'.v34 cve'r, hood -(an; inter:0m, 'nstatled carpeting, IF ANY 14. located on the premises which are the property of Seder and is; the rc ".?v'in t,t:r .,: ::a DonwP ro • ert Chanhassen, ki�nneso' leg t 9 • p.. - ae ty. . 15. :� r legal to ue determined by __ s u m �?' __ _SZI"_...41L % 111.. i 17. all of which property Seller has this day sold to Bu; er for t ; v o'; s . , !I) — { ° 18 * ** One hundred s-- thousand and 00/100 -- -____- ...., -_ ------____!_ -• __ -- 0, 'which B .1_9 - t •; { -_ ,`. p > Buyer agrees to, In the following m ? 4t . 2 caci :C CI o _ _.._."_ p �,�• Y .:.�.. - -' jt)f - - �- ': f >� ' . .. and • 1. ; . $ / 2) CASK Ott • ?, -- ' M .—_ =... _...ts , j '.. the: date of cl sing, a • the balanc , J!/ 22 o f $ g e O1. 1 10• s: i D i.' the f 0 ft.' c........0. v , ntract: For 'e Minnes' 0 , __ by i 95 r ot .v __ _ .�._ _ - If .- 23. Uniform Cor ev . nce #5 4 --M) with parrnen,. l C, 000 • ;;C ..4 :l u' r b - intere: t a.t \V 24. 9% per ann'f one (1) year xrotr, _the daft: cl: s .n I=: ; 2?i; ' - 0 . - nc" ud9.n-A nterest: - 25. rat of 9 • er artnurn each a' d ever; yes•r:w_= earner ar: ITT •a ,6� .. r• ■ it.? of closi t e •ate 26 .n.'L which time the anr.ire 7.,r rai b; .,yt. = , �'ir.:� i•. est • hereon 1.1;,' shall be a ue • nd payab? e in full . T "-." "" _ . �.._�_. 1 31. Attached aro ' eddendvms which are mad, a par; or t ls agreem.i.nt, ... -_.- n - `^ p 32. SUBJECT TO performance by Buyer, Seiler agrees to twxc�,u :i; and de':Vq,- a 2 - ` '' ' ' ' _ __._. ...: . - -,_.: '_ Warranty De, 33, to be Joined In by spouse, if any, conveying marketable the to h prernlse . s sub;e ?t _ d +� the f.l;cwmg except .:( 34, (1) Building and zoning laws, ordinances, State and Fp:'e; aI regi_ lations,'2) l {estrcti : ` r' . g to u::8 o; imp 'over en! t'f the prernlseswith : 35, effective forfeiture prevision, (3) Reservation of any rrine,rals eras ti:e ' ` ^ a ct3 (4) Utility and drainage easeme o' n ri .o :� :at : o. ••..,.n s , 4, , 36, which do not interfere with present improvements. (5) nights )1 ;•3nars. , f arty. . ' 37. REAL ESTATE TAXES Seller agrees to pay • 12 / 12rhs a td Suy:r egrees p-•, _-_ � __. % 1 2ths of taxes ;e a nripayable In the yea 38. 19 Seller agrees t0 pay ' 2 / 12ths and Buyer tgre':s to pay 0 _ / ' ^ .]f an luat instal :rnent spnciai assessments 39. and payable r v 9 9 0 XX"'c itrur :r,� le A •• "A t , , r l p y ble in the year 1 _ sprees 10 on he ,•?,.l .� o. t: t;, nQ all } ec.,t irss.s :rn.t :ts levied and ;,: 40, Buyer shall pray t•:xes due and payable in the year 19 E. and ar.y ;,t•Id ;'-; i of special ss%.;n :errs payable therew R 9' : l '� " ' >reit;l " f wK' 1 41. and thereafter, Seller warrants t 1, 42. c that taxes due and parable in - he year , 3 . — Y;: �, }:3,XIAX K — X 1 6 - 3CXXXX homeste ... class,ficatlon, Neither Seiler nor Seller's Agent ma: es any rep ; esontalicn cone rr :r , ir.e amount of future real k,stat - taxes. 1 1 • 1 1