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Partial Release of Development Contract Transmittal 12-30-2014CITY OF CHANHASSEN PLANNING DEPARTMENT 7700 Market Boulevard P.O. Box 147 CHANHASSEN, MN 55317 (952) 227 -1100 FAX (952) 227 -1110 TO: Campbell Knutson, PA 317 Eagandale Office Center 1380 Corporate Center Curve Eagan, MN 55121 WE ARE SENDING YOU ❑ Shop drawings ❑ Copy of letter LETTER OF TRANSMITTAL 12/30/14 Jean Olson Chanhassen Retail Fourth Addition ® Attached ❑ Under separate cover via the following items: ❑ Prints ❑ Plans ❑ Samples ❑ Specifications ❑ Change Order ❑ Pay Request ❑ COPIES DATE NO. DESCRIPTION 1 12/29/14 ❑ Partial Release of Development Contract ❑ FOR BIDS DUE For Recording ❑ PRINTS RETURNED AFTER LOAN TO US THESE ARE TRANSMITTED as checked below: ❑ For approval ® For your use ® As requested ❑ For review and comment ❑ FOR BIDS DUE REMARKS ❑ Approved as submitted ❑ Resubmit ❑ Approved as noted ❑ Submit ❑ Returned for corrections ❑ Return ❑ For Recording ❑ PRINTS RETURNED AFTER LOAN TO US COPY TO: Kate Aanenson, Community Development Director copies for approval copies for distribution corrected prints SIGNE : ` Kim Meuwissen 95 227 -1107 If enclosures are not as noted, kindly notify us at once. PARTIAL RELEASE OF DEVELOPMENT CONTRACT PARTIAL RELEASE OF DEVELOPMENT CONTRACT granted this,2gAday of December, 2014, by the CITY OF CHANHASSEN, a Minnesota municipal corporation ( "City). Recitals WHEREAS, the City and the Dayton Hudson Corporation, a Minnesota corporation, entered into a Development Contract for the plat of CHANHASSEN RETAIL ADDITION, dated October 26, 1992 and filed for record with the Carver County Recorder on November 17, 1992 as Document No. 142312 ( "Development Contract "). WHEREAS, the City has been requested to release and discharge the property legally described on Exhibit "A" attached hereto ("Subject Propert/, ') from the Development Contract. WHEREAS, all requirements of the Development Contract have been met as to the Subject Property and there is no longer a need to have the Development Contract recorded against the Subject Property. NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: The Subject Property is hereby released and discharged from the Development Contract. Dated: December, 2014 CITY OF CHANHASSEN �— (SEAL] By: l /:; E- Thomas A. Furlong, Mayor And Todd Gerhardt, City Manager 179698 STATE OF MINNESOTA ) )ss. COUNTY OF CARVER ) The foregoing instrument was acknowledged before me this��day of December, 2014, by Thomas A. Furlong and by Todd Gerhardt, respectively the Mayor and City Manager of the City of Chanhassen, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. Not ry l7ublic KIM T. MEUWISSEN Notary Public- Minnesota My Commission Expires Jen 37, 201b DRAFTED BY: Campbell Knutson Professional Association 317 Eagandale Office center 1380 Corporate Center Curve Eagan, Minnesota 55121 Telephone: (651) 452 -5000 AMP /jmo 179698 i That part of Lot 1, Block 1, CHANHASSEN RETAIL ADDITION, Carver County, Minnesota, according to the recorded plat thereof described as follows: Commencing at the Southwest corner of said Lot 1; thence on an assumed bearing of North 01 degrees 54 minutes 41 seconds East, along the West line of said Lot 1, a distance of 49.13 feet to the point of beginning; thence North 75 degrees 18 minutes 56 seconds East, a distance of 60.45 feet; thence North 19 degrees 45 minutes 39 seconds West, a distance of 88.51 feet; thence a distance of 52.33 feet Northerly on a tangential curve concave Easterly having a radius of 150.00 feet and a central angle of 19 degrees 59 minutes 18 seconds; thence North 00 degrees 13 minutes 40 seconds East, tangent to said curve a distance of 21.29 feet to the Northwesterly line of said Lot 1; thence Southwesterly and Southerly along the Northwesterly and Westerly line of said Lot 1 to the point of beginning.