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1a Feas Study Project 92-5CITYOF CHAN Erq 612. 93L 1900 F~.v 612, 932 5-39 MEMORANDUM TO: FROM: DATE: Scott Botcher, City Manager Anita L. Benson, City Enginee~ November 24, 1999 SUB J: Approve Release of Feasibility Study Agreement Project No. 92-5 The City of Chanhassen entered into an agreement with Lundgren Bros. Construction, Inc. and Rottlund Company in 1993 which documented the parties' responsibility in funding the feasibility report for Project No. 92-5. Lundgren Bros. Construction, Inc. has requested the City provide a release frorn this agreement since it has been fully performed by all parties. 1 recommend the City Council approve the release of agreement as prepared by the developer's legal counsel. Attachments: 1. Letter dated November 11, 1999 from Campbell Knutson. 2. Letter dated November 8, 1999 from Leonard, Street & Deinard. 3. Release of Agreement (2 pages). 4. Original agreement (8 pages). c: Richard Pahniter, The Rottlund Company, Inc. Marc Anderson, Lundgren Bros. Construction, Inc. g:\cng\public\92-5\feasibility release memo.doc BELL ..-,NUT$ON {:~/x (651) Direct D~' (6~0 November 11, 1999 Joel J, Jmnnik &ndrc:, McDowcll Pochlcr Mmrhcw K. Br,,kl* John }:. Kelly Nlatrhcw J. Nlm'~,,ucritc NI. NIc(]~rron Ms. Anita Benson City of Chanhassen 690 City Center Drive, Box 147 Chanhassen, MN 55317 RI::: LUNDGREN BROS. AGREEMENT Dear Anita' Enclosed is a letter from the attorney for Lundgren Bros. Construction. They are requesting a release. Subject to your review, the request appears reasonable. I suggest you put it on the next City Council agenda for approval. Regards, CAMPBELL KNUTSON Profe'ssional Association Roger N. Knutson RNK:srn Enclosures LEONARD, STREET AND DEINARD PROFESSIONAL ASSOCIATION November 8, 1999 Hugh M. Maynard 612-335-1562 hmm 1562~leonard.com Roger N. Knutson, Esq. Campbell Knutson, PA 1380 Corporate Center Curve Suite 317 Eagan, MN 55121 The Rottlund Company, Inc. 2681 Long Lake Road Roseville, MN 55113 Attn: Richard Palmiter Re: January 6, 1993, Agreement Among City of Chanhassen, Lundgren Bros. Construction, Inc., and The Rottlund Company, Inc.; Our File 16066-437, subtile G.2 Dear Mr. Knutson and Mr. Palmiter: Enclosed is a copy of the January 6, 1993, Agreement between and among the City of Chanhassen, Lundgren Bros. Construction, Inc., and The Rottlund Company, Inc. It deals with the funding of the preparation of the preliminary report and plans and specifications for a trunk sanitary sewer and trunk water main project serving subdivisions of Lundgren Bros. and Rottlund Homes. I understand that this Agreement has been fully performed by all parties and that the corresponding sewer and water trunks have been installed. In a recent transaction, Lundgren's title insurance company objected to the Agreement as an encumbrance on title. We would like to clear this title objection by having the parties sign the enclosed Release of Agreement. If you have any questions concerning the 1993 agreement or the proposed Release of Agreement, please call me. I hope we can get the release fully executed and recorded by the end of November. 150 SOUTH FIFTH STREET SUITE '~3OO MINNEAPOLIS, MINNESOTA 55402. TEL 612-335-I5OO FAX 612-335-z657 1872768vl (145 lC01 !.DOC) LAW OFFICES IN MINNEAPOLISt SAINT PAUL AND MANKATO Roger N. Knutson, Esq. Richard Palmiter Page 2 November 8, 1999 Thank you for your cooperation in this matter. Very truly yours, LEONARD, STREET AND DEINARD Hugh M. Maynard Real Property Law Specialist Certified by the Minnesota State Bar Association HMM/djn Enclosure as stated. cc w/Release: Marc Anderson (Lundgren Bros. Construction, Inc.) Kathy Ruesink (Stewart Title of Minnesota, Inc.) 1872768vl (145 lC01 !.DOC) RELEASE OF AGREEMENT That certain Agreement between and among the City of Chanhassen, a Minnesota municipal corporation, Lundgren Bros. Construction, Inc., a Minnesota corporation, and The Rottlund Company, Inc., a Minnesota corporation, dated January 6, 1993 and filed February 5, 1993 as Carver County Recorder Document No. 145727, is hereby released, because the obligations of the parties under said Agreement have been fully performed. Said Agreement affected the land legally described in Exhibits A-2 and B-1 attached hereto, all or most of which has been subsequently platted. CITY OF CHANHASSEN By Its Mayor By Its City Manager LUNDGREN BROS. CONSTRUCTION, 1NC. By Its Vice President TIq~ ROTTLUND COMPANY, INC. By Rs 1868726v2 (141X201 !.DOC) Printed 11/08/99 9:30 AM STATE OF MINNESOTA ) )ss COUNTY OF CARVER ) The foregoing instrument was acknowledged before me this day of ........ ,1999 by , the Mayor, and , the City Manager, of the City of Chanhassen, a Minnesota municipal corporation, on behalf of the City. Notary Public STATE OF MINNESOTA ) )ss COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this ~ day of Marc S. Anderson, Vice President of Lundgren Bros. Construction, Inc., a Minnesota corporation, on behalf of the corporation. 1999 by Notary Public STATE OF MINNESOTA ) )ss COUNTY OF ) The foregoing instrument was acknowledged before me this __ day of~, 1999 by , the of The Rottlund Company, Inc., a Minnesota corporation, on behalf of the corporation. Notary Public THIS INSTRUMENT WAS DRAFTED BY: Hugh M. Maynard, Esq. Leonard, Street and De[nard, P.A. 150 South FiRh Street, Suite 2300 Minneapolis, Minnesota 55402 (612) 335-1562 1868726v2 (141X201 !.DOC) Printed 11/08/99 9:30 AM 2 corporation (,Ctty")~ and ~ A. The City h~a ~r B. Property under the con~rol of Rattled and Lundeen would ~ ~efl=ed hy ~he ProJec=. C~ Th~ City is only ~iXling eo continue its consideration of the Project on condition s~cificattons for the ~roject. ~ ~F~O~, tn consideration to prepare plans and specifications for the Project. ~, U~n ezecuti~n o~ this Agreement, ~ottlund shall p~y to the City $16.700 and Lu~;~gren fund 'preFurution of ~he ~eestbillt? re.ri and plans and specifications for ~he Project. ~. If the city doe~ ~ot award bide for the P=o~ect ~ Ju~e 1, 1993~ t~O City will refund $16,700 to ~ottlund and $21,000 to Lundgren, without interest. i asaees=~nts for ~o Pro~ec~ on ~ la~d descried ~ ~e a*~C~ at~c~ed ~lbit ey~ e_~ ] es. COUI~¥ OY CARVER ) STATE OF XINN~SOTA ) d~y og .'~,~~ . __, 1993, by ~n4 by Uo~, Ash~, re~eStivaly the ~ay~r ahd City ~anaeer of the City og Chan~ass~n, 8 ~tnn~eota municipal =o~ratlon. on behml~ of the oor~ratlon and pureuanC ~o tho authority b7 Ira City Council, STATE OF ~INNESOTA ) ) 1%~ da' ' 'J~.,, ~ DRAFTED BY: Cambpell, Knucson, Scott & Puchs~ P.A. 31? £agan~ale O~f&¢~ Cen~r Eagan, Minae$ota 1612) Trunk T C~ PrQperty Refe?enQe Numb,.' Water Main Aaeeeement Area ~ T~nk Sanlta~ Sew~ ~ Trun~ Wat~oln Imp~ment~ Govu~y. H~na~ca d~cr~bad aa a d~ic~Qc, at 128~.68 ~.lc co the ceucer o~ ea~ ~ec~t~ 10; c~c. ~outh Z de$~.l. d~tauce,of ~3.50 fde~ ~o c~d point of bo~t~8 o~ t~ tract ~o be d~scr~bed; o~ 6,ccton 10. a ~teta~ce o: ~[&.~ ~cec to i po~ut on a cu~a. the canter a~ A3 ~utea O0 seconds Ease along ca~genc, a ~ieCa~co si 39~.40 ~tec; Cheats ~o~Chetl7 U~ai/. DE$CRIPTIO~IS l~OR T]lg JOU~'~/~3~$Iz'rL~.Y~R PROPIiRI'IES [)ua_ne B_ Jehrt~n_ ~orchaoac Q~arter arid of the Sour. heart ~arcsr o~ ch~ ~otc~o~t ~rtec. in Section 9. Z~hip lit ~orth, ~t~ 23 V~sc o~ ~he ttiCh ptl~cip~ ~ctdton, vhtch lie ~a~erly et tho ca.catlike o~ State Tru~ gLo.ay Xo. ~1 In the CtCy o~,~a~assen, County e~ C3cvot, Scar~ ag NLnnemo~. t~ence un an eQour~ad bearing o~ $~uch 0 do, roan OG minutes 08 aaCoeds ~aat. · Iong the eaec lt~e o~ 1390 ~oec; chance ~o:Ch ~7 dogceea O~ ~tnt, cea ~2 aecm~a ~o~C I diSC. anco of 1~03.6~ ~eoC. Co ~he no,ch l~ne el ~atd ~t 30.00 acreb oI cbc Vu~ ~t~ o~ ~7~0.98 ~eeC. Co the pein: og Section 9, T~mahtp ~L6, gantt 2] g., :L,~crLba~ at ~ollova: Co~ncL~ tho tncoceaccLon of ~h~ ~ac-Uesc co~.:er~ne a~ ~atd SecClan 9. rich the flo~thea~t)rly (NEly] alanB ;a~d r~6hc-o~.~,y l:no ~3~ Eeoc co the ~&t~ning o~ the property bet~i described; chance do~lecC/n~ ri&hr thence deflecting le~c 90' a distance oE 2aa.3 feet; chance de~eccl~ ir*e; chance Southveacerly co the paint o~ Southwest Q~atcer e[ t~e ~orcboaet ~unrcer (5~ ~ o~ ~ ~) o( a~ld Secct~n 9. deacrtbad ia ~olLove: ~estn~tn~ ac the point o~ bogtnn/~5 of the above 'leac~tbed property; chance fforCbcaectrl7 elon~ aatd SoutheaSterly r£ghc-a~.vay rot the purpoea~ o[ Cheoo doacrtpc[ono, the eoncerltne of aforesaid dc&ce Tcunk Ill,bray No. traveled. OFFICE OF COUNTY RECORDER 8'rATE: OF MIN N ESOTA COUNTY OF CARVER