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Property Certification letter 6-27-06 CITY OF CHANHASSEN 7700 Market Boulevard PO Box 147 Ghanhassen, MN 55317 Administralion Phone: 952.227.1100 Fax: 952.227.1110 Building Inspections Phone: 952.227.1180 Fax: 952.227.1190 Engineering Phone: 952.227.1160 Fax: 952.227.1170 Finance Phone: 952.227.1140 Fax: 952.227.1110 Park & Recrealion Phone: 952.227.1120 Fax: 952.227.1110 Recreation Genter 2310 Goulter Boulevard Phone: 952.227,1400 Fax: 952.227.1404 Planning & Natural Resources Phone: 952.227.1130 Fax: 952.227.1110 Public Works 1591 Park Road Phone: 952.227.1300 Fax: 952.227.1310 Senior Center Phone: 952.227.1125 Fax: 952.227.1110 Web Site www.ci.chanhassen.mn.us June 27, 2006 Sienna Corporation ATTN: Bruce G. Nimmer, President 4940 Viking Drive, Suite 608 Minneapolis, MN 55435 Eagle Crest Capital Bank ATTN: Kevin McShane, President 5201 Eden Avenue, Suite 170 Edina, Minnesota 55436 First American Title Insurance Company ATTN: Cris Kallas, Escrow Officer 1900 Midwest PlaZa West 801 Nicollet Mall Minneapolis, Minnesota 55402 Re: Real Property & Improvements commonly See E~ . attac.hed hereto for legal des e Lakeside Project for a recreatio 20, 2006. The development. Th 2. The Premi community buH n environmental and ener I:8JNo - I - The City of Chanhassen · A growing community with clean lakes, quality schools, a charming downtown, thriving businesses, Winding trails, and beautiful parks. A great place to live, work, and play. J Comments: The proposed developmentincludes approval for variances to permit building heights of up to 48 feet and an east perimeter setback of 30 feet. 3. There are ft@ variances, conditional use permits or special use permits required for the construction of the improvements on the Premises or its uses. If there are, specify the same and the relevant terms or otherwise check here: DNone Comments: As part of the development review, there are variances to permit building heights of up to 48 feet and an east perimeter setback of 30 feet. The development review also proposes the rezoning of the property to Planned Unit Development- Residential. A conditional use permit for a recreational beachlot with a variance for less than 80 percent of the units being within 1,000 feet of the beachlot is also being reviewed in conjunction with the development. Finally, a site plan approval for 233 residential units and a community building is being reviewed concurrent with the development review. 4. The Premises comply with the subdivision ordinances affecting it and can be conveyed without the filing of a plat or replat of the Premises: DYes ~No Comments: The property as a whole could be conveyed without the filling of a plat for the property. However, the development review being performed by the City includes the subdivision of the property into 29 building lots, two outlots and right-of-way for public streets. 5. The Premises comply with all setback and parking laws and regulations: IZIYes DNo Comments: Subject to approval of the setback variance included in the development revIew. 6. The Premises are located within a federally designated flood plain: DYes ~No If yes, specify the nature of the zone: Community Panel Number 270051 0010 B, effective July 2, 1979. -2- 7. There are no proposals for widening, closing (including temporary closings) or realignment of access or abutting roads. If there are, specify the same andits terms or otherwise check here: DNone Comments: Highway 312 is being constructed to the north of the proposed development. 8. There are no contemplated pending special assessments affecting the Premises: DYes ~No If there are, please specify the known or estimated amounts and computation of interest, if any: Existing assessments payable as part of the 2006 taxes are $20,494.96 with an unpaid balance of $17,821.70 at a rate of 7.5 percent. Deferred assessments of $99,915.00 at 7.5 percent interest are scheduled to be certified in 2007. 9. All appropriate and required city permits, licenses and approvals have been provided for the present use of the Premises: ~Yes DNo Comments: The existing apartments are licensed pursuant to city code. 10. In the event all or a portion of the Premises is destroyed by fire or other casualty, the Premises may be restored to its present condition and density: ~Yes DNo Comments: If additional space is required for any of the above, please use the reverse side. If there are any additional facts regarding the Premises and its proposed use which would be material consideration, please include that information: Signature of Authorized person~ Typed or Printed Name of Signatory: Robert Generous Title of Signatory: Senior Planner City or Other Governmental Agency: City of Chanhassen, Minnesota Date: June 27, 2006 - 3- , I EXHIBIT A Le2a1 Description of Propertv Parcell: All that part of the Northeast Quarter of the Northeast Quarter, and of Government Lot I, of Section 24, Township 116, Range 23, together with that part of the Southeast Quarter of the Southeast Quarter of Section 13, Township 116, Range 23, which lies East of a line drawn 641.67 feet West of, measured at a right angle to and parallel with the East line of the Northeast Quarter of the Northeast Quarter of said Section 24, Township 116, Range 23 and its extensions. EXCEPTING therefrom the following described Tracts A and B: Tract A: All that part of the Northeast Quarter of the Northeast Quarter of Section 24, Township 116, Range 23, Carver County, Minnesota described as follows: Commencing at the Northeast corner of said Northeast Quarter of the Northeast Quarter; thence South 0 degrees 20 minutes 00 seconds East along the East line of said Northeast Quarter of the Northeast Quarter a distance of 81.31 feet to the point of beginning of the land to be described; thence continuing South 0 degrees 20 minutes 00 seconds East along said East line a distance of 305.23 feet; thence South 77 degrees 17 minutes 36 seconds West a distance of 656.93 feet to the West line of the East 641.67 feet of said Northeast Quarter of the Northeast Quarter; thence North o degrees 20 minutes 00 seconds West parallel with said East line a distance of 394.67 feet to the intersection with a line bearing South 85 degrees 05 minutes 38 seconds West from said point of beginning; thence North 85 degrees 05 minutes 38 seconds East a distance of 643.72 feet to said point of beginning. Tract B: All that part of the Northeast Quarter of the Northeast Quarter of Section 24, Township 116, Range 23, together with that part of the Southeast Quarter of the Southeast Quarter of Section 13, Township 116, Range 23, Carver County, Minnesota which lies East of a line drawn 641.67 feet West of, measured at a rightangle to and parallel with the East line of Northeast Quarter ofthe Northeast Quarter, and its Northerly extension, and North ofthe following described line: Commencing at the Northeast corner of said Northeast Quarter of the Northeast Quarter, thence South 0 degrees 20 minutes 00 seconds East along the East line of said Northeast Quarter of the Northeast Quarter a distance of 81.31 feet to the point of beginning of the line to be described; thence South 85 degrees 05 minutes 38 seconds West a distance of 643.72 feet to the West line of the East 641.67 feet of said Northeast Quarter of the Northeast Quarter said line there terminating. Parcel 2: Outlot B, North Bay, according to the recorded plat thereof. Carver County, Minnesota Abstract Property