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HomeMy WebLinkAbout2016-2756.01CONTRACT NO: 2016-001 CONTRACT DATE: 01/04/16 2. Orfer/Acceptance. Buyer offers to purchase and Seller a, rees to sell real property inAnokaCounty, Minnesota, legally desc;ibed as follows (tile ,property"), Lot Thirteen (13), except the North Half (N V2), the North Thirty Feet (N30') of LotFourteen (14), Block Two (2), Shefflield's Second Subdivision. Check here 1 arl or all of1he iand Lv Registered (7 brren,) 0 3. Acceptance Deadline. This off,'er to purchase, unless accepted sooner, shall be flull and void at 4.301 p.m. ori January 18, 20:16 , which is 14 days after Seller Ulthorized the sale. 4. Price and Terms. The price for the Property is $22,500,00 ("Purchase Price") M-lieliBuyershallpayasfollows: eamest money of $2,000 by check, receipt ofwIliell is herebyacknowledgedbySeller. 'Fhe balance of the Purchase Price must be paid by certified chccic or wire transfer on the I)ate of Closing. The "Date of Closing" shall be no later, thanJuly15, 201& 5. Per-sonal Property included in Sale. ']'here arer no items of'personal property or fixturesownedby, Sellerr and currently ](.)cated on (fle 1'r'()PcrtY for PUrposes of this sale. 6. peed, Upon perlbrinance by Buyer, Seller shaH deliver a quit claini deed conveying titletothePropertytoBuyer., in substantially the fiorin attached as F'xhibil A, subject to tj)e, 47 Q69Y 1 CL205 56 conditions subsequent required by Sections 15, 16, and 17 of this Agreement (theDeed"), 7 Real Estate'Taxes and Special Assess ments,, A. Seller shall pay, at or before Closing all real estate taxes dUe and payable in 2015 and prior years. Seller warrants that the Property is classified as Exempt for real estate taxes, dUe and payable in 2016, Assume payment cif` the pending special assessment without adjustment to the purchase agreement price of the property,- or 10. Condition of Property. Buyer acknowledges that they have inspected or have had the opportunity to inspect the Property and agree to accept the Property "AS IS." Buyer has the right, at its own expense to take soil samples for the pUrpose of determining ifthe soilissuitableforconstructionofthedwellingdescribedinsection14below, If the soil is determined to be unacceptable the Buyer may rescind this agreenwrit by written notice to 473269vi 0,205 56 the Seller, ill Which case the agreement shall be null and void and all earnest money paidhereundershallberefundedtotheBuyer, Seller retakes no warranties as to the condition ofthe Property, 11. Marketability of Title. As soon as reasonably possible after execution of' this Agreement by both parties; a) Seller shall surrender any abstract of title and a, cop), of any owners title insurance policyfortheproperty, if ill Seller's possession or control, to Buyer or to Buycrs designated title, service provider; and b) Buyer shall obtain the title evidence determined necessary or desirable by Buyer, 11 Title Clearance and Remedies. If Seller shall fail to have title objections timelyremoved, the Buyer may, at its sole election: (a) terminate this Agreement without anyliabilityonitspart; in which event the earnest money shall be promptly refunded in exchange for a quit claim deed to the Property from Buyer; or (b) take title to the Propertysubjecttosuchobjections. Iffitle is Marketable, or is made marketable as provided herein, acrd Buyer defaults in allyoafftheagreementsherein, Seller may elect either of the following options, as permitted bylaw: A. Cancel this contract as provided by statute, and retain all payments made hereunder as liquidated damages. The parties acknowledge their intention that any note given pursuant to this contract is a down payment note, and may bepresentedforpaymentnotwithstandingcancellation-, B. Seek specific performance within six months after such right of action arises, including costs and reasonable attorney's fees, as permitted by law. If title is marketable, or is made marketable as provided herein, and Seller defaults in allyofthe; agreements herein, Buyer, may, as permitted by law; Cr Seek darriages from Seller including costs and reasonable attorney's fiecs; 3 473269v 1 CL205-56 1' , Seek specific perfim,nance within six months after such right ofaction arises. 13. Well Disclosure. Seller's knOwledge 01'wells is as fiollows: 0 The Seller ceilifies that the Seller does not know r)f any wells, oil the described real property, 0 A well disclosure certificate accompanies this document 0 f am familiar with the property described in this instrument and I certil` that the status and number of wells on the Property have not changed since the lastpreviouslyfiledwelldisclosurecertificate, 14a Individual Sewage Treatment System Disclosure. Seller certifies that there is noindividualsewagetreatmentsystemor, or serving the Property. 15. Construction and Sale of Dwelling. Buyer agrees that it vill construct a new singlefamilydwellingontheProperty, intended for sale to a person or persons for residentialoccupancy (an "Owner Occupant"), 7"'his covenant shall survive the delivery of the Deed'. A. , Fhe single family dwellin.g described in this Section is retierrcd to as theMininlurnImprovements," 13. The Minimum Improvements shall consist of'a new single, family dwelling, andshallbeconstructedsubstantiallyinaccordancewiththeSingleFamilyf-jorne LotSalesProgramGuidelinesonfileatCityI-Tall and the proposal approved by SelleronDecember7, 2015, 1 attached hereto as EAhibit B., C. Construction of the Minimum Improvements must be substantially completedwithinoneyearfrorntheDateofClosing. Construction will be considered substantially complete when the final certificate of occupancy has been issued bytheCityol"Colurribia Heights building official, 1). Promptly after substantial completion of the Minimum Improvements in accordance with those provisions of the Agreement relating solely to the obligations of the Buyer to construct such Minimum Improvements (including thedateforcompletionthereof), the Seller will furnish the Buyer with a Certificate of' Completion, in the form attached hereto as Exhibit C. for such improvernents. Such certification by the Seller shall be (and it shall be so provided in the Deed and in the certification itself) a conclusive determination of satisfaction and termination of the agreements and covenants in the Agreement and in the Deed with respect to the obligations of the Buyer and its successors and assigns, to construct the Minimum Improvements and the dates for completion thereof, rhe certificate provided lor in this Section of this Agreement shall be in suchformaswillenableittoherecordedintheproperofficefortherecordationof Bleeds acid other instruments pertaining to the Property. Ifthe Seller shall reflise or 4732bY 1 (1,205 56 4 fail to provide any certification in accordance with the provi siI ons of this Section, the Seller shall, within thirty (30) days after written request by the Buyer, provide the Buyer with a writter, statement, indicating, in adequate detail in what respects the 131.1yer.has failed to complete the Minimum Improvements in accordance with the provisions of tire Agreement, or is otherwise in default, and what measures or acts it will be necessary, in the opinion of' the Seller for the Buyer to take or perforryr in order to obtain such certification, E The Buyer represents and agrees that until issuance ofthe Certificate of CompletiorlfortheMinimumfmprovements° J) Except for any sale to an Owner Occupant, the Buyer has not made or created and will not make or create or suffer to be made or created any total or partial sale, assignment, conveyance, or lease, or any trust or power, or transfer in any other mode or form of or with respect to this Agreement or the Property or any part thereof or any interest therein, or any contract or agreement to do any ofthesame, to any person or entity (collectively, a "Transfer"), without the prior written approval of the Seller's board of commissioners. The term "Transfer" does not include encumbrances made or granted by way of security for, and onlyf'or, the Purpose of obtaining construction, interim or permanent financing necessary to enable the Buyer or any successor in interest to the Property, or anypartthereof, to construct the Minimum Improvements or component thereof. 2) If the Buyer seeks to effect a Transfer to any person or entity otherthananOwnerOccupantpriortoissuanceoftheCertificateofCompletion, the Seller shall be entitled to require as conditions to such Transfer that: 0) any proposed transferee shall have the qualifications and financial responsibility, in the reasonable judgment of the Seller, necessary and adequate to fulfill the obligations undertaken in this Agreement by theBuyerastotheportionofthePropertytobetransferred-, and ii) Any proposed transferee, by instrument in writing satisfactory to the Seller and in form recordable in the public land records of' Anoka County, Minnesota, shall, for- itself and its successors and assigns, and expressly for the benefit of the Seller, have expressly assumed all ofthe obligations of the Buyer under this Agreement as to the portion of the Property to be transferred and agreed to be subject to all the conditions and restrictions to which the Buyer is subject as to such portion; provided, homlever, that the fact that any transferee of or any other Successor in interest whatsoever to, the Property, or any part thereof, shall not, for whatever reason, have assurned such obligations or so agreed, and shall not (unless and only to the extent otherwise specifically provided in this Agreement or agreed to in writing by the Seller) deprive the Seller of' any rights or remedies or controls with respect to the Property, the 4732690 C'1,205-56 5 Minimum Improvements or any part thereof or the construction of the Mil"I'Mun" Improvernents; it being the intent of tire parties as expressed in this Agreement that (to the fullest extent permitted at law and in equilly, and excepting only in the manner and to the extent specifically providedotherwiseinthisAgreement) no transt'er of, or change Nvith respect to, Owl-kership in the Property or any part thereof or any interest therein, however consummated or occurring, and whether voluntary or involuntary, shall operate, legally, or practically, to deprive or limit the Seller ofor with respect to any rights or remedies on controls provided in or resulting fromthisAgreementwithrespecttothePropertythattheSellerwouldhavehad, had there been no such transfer or change. In the absence of specific written agreement by the Seller to the contrary, no such transfer or approval by the Seller thereof shall be deemed to relieve the Buyer, or anyotherpartyboundinanywaybythisAgreementorotherwisewithrespect to the Property, from ariy of its obligations with respect thereto, iii) Any and all inStrUlTients and other legal documents involved in effecting the transfer of any interest in this Agreement or the Property governed by this subsection E. shall be in a form reasonablysatisfactorytotheSeller, 3) Ifthe conditions described in paragraph (2) above are satisfied then the I ransfer will be approved and the Buyer shall be released from its obligationunderthisAgreement, as to the portion Of' the Property that is transferred, assigned, or other-wise conveyed, The provisions of this paragraph (3) apply, to allsubsequenttransferors. 473269 1 (:1,205 56 6 Notwithstanding anything to the contrary contained in this Section, the Seller shall have no right to, reenter or retake title to and possession of a portion of the Property for which. aCertificateofCompletionhasbeenissued, For the purposes of this Agreement, the to "Unavoidable Delays" means delays beyond the reasonable control of the Buyer as a result thereof which are the direct result of strikes, other labor troubles, prolonged adverse weather or acts of God, fire or other casualty to theMinimumImprovements, litigation commenced by third parties which, by injunction or other similar judicial action, directly results in delays, or acts of any federal, state or local govenimental unit (other than the Seller in exercising its rights under this Agreement) which directly results in delays, Unavoidable Delays shall riot, include delays in the Buyer's obtaining of permits or govemmental approvals necessary to enable construction, of the Minimum Improvements by the dates such construction is required under this section of thisAgreement, 17. Resale of Reacquired Property; Disposition of Proceeds. Upon the revesting in theSelleroftitletoand/or possession of the Property or airy part thereof as provided in Section 16, the Seller shall apply the purchase price paid by the Buyer tinder Section 4 of thisAgreementasfollows: a) First, to reimburse the Seller for all costs and expenses incurred by the Seller, including but riot limited to proportionate salaries of personnel, in connection with the recapture, management, and resale of the Property or part thereof (but less any 7 473269%,l (A 205-56 Income derived by the Seller from the Property or part thereof in connection with saacta management); all taxes, assessments, and water and sewer charges with respect to the Property or part thereof(or, in the event the, Pr()pejjy is exerript frorn taxation or assessment or such charge during the period ofownership thereof bytheSeller, an amount, if paid, equal to such taxes, assessments, or charges (as determined by the Seller assessing official) as would have been payable if' thePropertywerenotsoexempt); any payments made or necessary to be made todischargeanyencumbrancesorliensexistingonthePropertyorpartthereofatthe tirne of' revesting of title thereto in the Seller or to discharge or prevent fi -orn attaching or being made any subsequent encumbrances or liens due to obligations, defaults or acts of the Buyer, its successors or transferees; any expenditures made or obligations incurred with respect to the making or completion of tile Minimum Improvements or any part thereof on the Property, or part thereof, and any arnounts, Otherwise: owing the Seller by the Buyer and its successor or transferee; and b) Second, to reimburse the Buyer for the balance of the purchase price remainingafterthereimbursementsspecifiedinparagraph (a) above, Such reimbursement shall be paid to the Buyer upon delivery of an executed, recordable warranty deedtothePropertybytheBuyertotheSeller, IS- Time is of the essence for all Provisions of this contract. 19. Notices. All notices required herein shall be in writing and delivered personally ormailedtotheaddressshownatparagraphIaboveand, if mailed, are effective as of thedateofirlailing. 20. Minnesota Law. 'This contract shall be governed by the laws of the State of Minnesota, 2.1. Specific Perforinaucc This Agreement may be specifically enibiced by the parties, provided that an action is brought within one year of the date of' alleged breach of thisAgreement. 22. No Remedy Exclusive. No remedy herein conferred upon or reserved to the Seller orBuyerisintendedtobeexclusiveofanyotheravailableremedyorremedies, but each and every such remedy shall be cumulative and shall be in addition to every other rel-nedy, givenunderthisAgreementornoworhereafterexistingatlaworinequityorbystatute. No delay or Omission to exercise any right or power accruing upon any default shall impair anysuchrightorpowerorshallbeconstruedtobeawaiverthereof, but any such right andpowermaybeexercisedfromtimetotimeandasoftenasmaybedeemedexpedient, 23. No Merger of Representations, Warranties. All represeri wi oils and warranties containedinthisPurchaseAgreementshallnotbemergedintoan), instruments or conveyancedeliveredatclosing, and the parties shall be bound accordingly. 4732690 (1,205 56 8 24. Recording. 'J"'his Agreement shall be filed of record with the Anoka County Registrar of Titles or Office of Recorder, as the case may be. Buyer shall pay all recording costs. 25. No Broker Involved. The Seller and represent and warrant to each other that there is no broker involved in this transaction with whorn it has negotiated or to whom it has agreed to pay a broker commission. Buyer agrees to indemnify Seller for any and all claims for brokerage commissions or finders' fees in connection with negotiations for purchase of ate Property arising out of any alleged agreement or commitment or negotiation by Buyer, andSelleragreestoindemnify, Buyer for any and all claims for brokerage commissions or finders' fees in connection with negotiations for purchase of the Property arising out of any alleged agreement or commitment or negotiation by Seller. In witness, of the foregoing, the parties have executed this agreement on the year and date written above, STATE OF NIMESOTA a COUNTY OF ANOKA The...:. orn was acknowipel e before i this day of' 2016, by and the President and Executiie Director of 1, J rnbia heights Economic Development Authority, a public body corporate and politicCol tinder the laws of Minnesota, on behalf of the public body corporate and politic. C/ z] ; , Notary Public tw Notery Public 31,2017 9 473269Q t (1-205-56 BUYER. Tollber Homes, LLC By: COUNTY OF ANOKA This docurnew drafted by: Kennedy & Graven, Chartered 470 U.S. Bank Plaza 200 So. 6" Street WTISM 10 73269vl CL205-56 SHELLEY SUE HANSON NOTARY PUBLIC - MINNESOTA W Cofnm ssion Expires Jan. 31, 2021 EXHIBITA to PURCHASE AND REDEVELOPMENTAGREEMENT FORM OF QUITCLAIM DEED Deed Tax Due: THIS INDENTURE, between the Columbia Heights Econornic Development Authority, aMinnesota, a public body corporate and politic the "Grantor"), arid aMinnesotaGrantee WITNESSETH, that Grantor, in consideration of the sum of $ and other good and valuable consideration the receipt whereof is hereby acknowledged, sloes hereby grant, bargain, quitclaim and convey to the Grantee, its successors, and assigns forever, all the tract or parcel of land lying and being in the County of Anoka and State of Minnesota described as follows. to-wit (such tract or parcel of land is hereinafter referred to as the "Property "'): Check here V'17arl or all ark' he land is Regislered (Torrens) El To have and to hold the same, together with all the heredilaments and appurtenancesthereUntobelonging, SECTION I It is understood and agreed that this Deed is subJect to the covenants, conditions, restrictions and provisions of an agreement recorded herewith entered into between the Grantor' and Grantee on the - —'-- of 20--, identified as "Purchase andRedevelopmentAgreement" (hereafter referred to as the "Agreement"') and that the Grantee shall not convey this Property, or any part thereof, except as permitted by the Agreement until a certificate of completion releasing the Grantee from certain obl'igations of'saki Agreement as to this Property or such part thereof then to be conveyed, has been placed of record. 'T'his provision, however, shall in no way prevent the Grantee from mortgaging this Property in order to obtainfundsforthepurchaseofthePropertyherebyconveyedorforerectingtheMinimum Improvements thereon (as defined in the Agreement) in conformity with the Agreement, anyapplicabledevelopmentprogramandapplicableprovisionsofthezoningordinanceoftheCityofCol'umbia Heights, Minnesota, or for the refinancing of the same. It is specifically agreed that the Grantee shall promptly begin and diligently prosecute to completion the redevelopment of the Property through tile construction of the Minimum improvements thereon, as provided in the Agreement. 473261)v C1 205-56 Promptly after completion of the Minimuln Improvements in accordance with the provisions of the Agreement, the Grantor will furnish the Grantee with an appropriate insstrurnent so certifying. Stich certification by the Grantor shall be (and it shall be so provided in the certification itself) a conclusive determination of satisfaction and termination of the agreements and covenants of' the Agreement and of this Deed with respect to the obligation of the Grantee, and its successors and assigns, to construct the Minimurn Improvements and the dates for the beginning and completion thereof. Such certification and such determination shall not constitute evidence of compliance with or satisfaction of any obligation of the Grantee to any holder of to mortgage, or any insurer of a mortgage, securing money loaned to finance the purchase of the Property hereby conveyed or the Minimum Improvements, or any part thereof All certifications provided fbr herein shall be in such form as will enable them to be recorded with the County Recorder, or Registrar of Titles, Anoka County, Minnesota. If the Grantor shall refuse or fail to provide any such cerlification in accordance with the provisions of' the Agreement and this Deed, the Grantor shall, within thirty (30) days after written request bytheGrantee, provide the Grantee with a written statement indicating m adequate: detail in what respects the Grantee has failed to complete the Mrinirrunn Improvements in accordance with the provisions of the Agreement or is otherwise in default, and what measures or acts it will be necessary. in the opinion of the Grantor, for the Grantee to take or perform in order to obtain such certification. FC'LIQN 2 The Grantee's rights and interest in the Property are subject to the terms and conditions of, Sections 15, 16 and 17 of the Agreement relating to the Grantor's right to re-enter and revest in Grantor title to the Property under conditions specified therein, including but not limited to termination of such right upon issuance of' a Certificate of Completion as defined in tileAgreement, The Grantee agrees for itself and its successors and assigns to or, of the Property oranypartthereof, hereinbefore described, that the Grantee, and such successors and assigns shall comply with Section 15F of the Agreement for a period of ten years after the datehereof. 473269v I CT20556 in arnpliflicafion., and not in restrictje' )n of" the provisions of' the preccding, section, it is intended and agrvecl thar he (,jyjrj((g SlIall be c1ceined a berIeficiary of' the agreurients and covenants providec.] hcrein. both for and in its own right, and ajs(a ")[ tl"C I)LB-p()S'..S ()f'[jj-OtCCj.jjjp' the interest of'flic comn,junity and 0-Ic, otlwr parlics, pubhc or privale, In vvhose 1'avoror for whose he nefit these agrecments and cove ams have licen proNided. SUCh ,And shall run in ("IN01. ()f ffie (jr"-ffltor W jflrj(jtjt regard to whether 1he Grantor has at any tine beel), ren4 ns, or is an owncn, of' any land or interest therein to, or in flavor of' which such agreements oared covcnants Maw, The, 6rantor shall have the right, in the event (A' any breach cat' anY such agreement or covenant to exercisc all the rights and rernedics, and (o, mainta-in any actions or suits at law or in equity ear. other Proper proccedings to crilorce the curing (if' such breach ()I" agreement or covenant, to Miich it or any other berieficiruies Of'SUCh Zigreeirlellt Or COVell(Rit I'llay, be entitled; provided that Grantor shall not have any, right to rc-enter thc Properly or revesl in tfic Grantor the estate conveyed by this Deed on grounds of Grantec"s 11, 111LIT-C 10 COTIaPly With its Ohfig,MiMIS Under- this SeClion 1 I N W 11'N1 , 'SS W111","RF'OF, the ("irantor has caused this Deed to her dLdy' executcc] In its b('41all"by its President and Executive Director, thus 1111- - da.v of EJ The Seller certifies that the ScHer does not know of any wells on the described real property, 13 A weH diSCIOSLITC certificate accompanies this docurnent or has been cleciroplically, filed. (II- e le`c°tro nicaally filedr insert W1,)(' I am finnifliar with the property described in this instrument and I Cellif'N" 111at tlrl(., status and number cal' wells on [lie described real propeny have riot changed since the kist previously filed well d'SCIOS'Irlirc certificate, OLUMBIA 11111GHTS ECONOMIC I ") F V 1A , 0 11 MI , N F A I YFI 10 R H Y Its Presidem By Its FIxecutive Director STM F (4- MINNFSO IA Ss CO[JNTY 01''AINJOKA On 1his dav of -c. me, a nowry r)UbhC wilhin and fi,,pr2QNO personafly appcared and tc q1c f,wrsonafly known W by me duy sw(wn. did say Oml they are the Mrsident and Fixeculivc Lkwor oV We OWN I Idghts Sonunbc I)evehpnwnt Awhorhy (Ow MuMig") named in A Areg(Ang ingrument; thal said instrunIC111 Was signed on behaffol'saicl Authority PLUSUar)t to a resolution of its jymmog My: and Ad and acknowledged said instrument to be the 1'ree tact Ills hs1rument "as dmlkd by Kennedy & Graven, Chafled 470 US. Hank Nam 200 South Sixt], Sjjc(.. Minne,apotis, MN 55402 612) 337-93M) 17W01 1 1 1 US Q, Nolary Public IbX S""'"'CfltS "'I"hOLdd be ,s'ent tw ffm PURCHASE AND REDEVELOPMENT AGREEMENT APPROVED PROPOSAL 473269YI C'I 205,56 5 P T"O'LLBE October. 2'6, 2015 Conirnunity DeveNopnient Department 590 40" Avenue NE Colurnbia Heights,, MNB 55421 RE", Proposal for Economic Devebprnent Administration 5 Lots on PoN St. NE and I lot on Tyler St. NE 4,606 Polk St. NE 4636 Polk St NE 4600 Polk St NE 4648 P'oNk St. NE 4618 Polk St NE 4641 Tyler St NE Pt is our intent to construct on aN 6 properties irl COIUMbia Heights as quiicMy as possible. We have a full time realtor that sells for ToHberg ldomes exclusivelyWewouPdJ-iope to purchase the land and close as firne and weather pern'-dts 120 days is our normal, completion time frame tc construct a horne so we anficipate that we wffl have the first two harries buJft and sold MtNn the first six rnOnths iforn purchase We wouid then starl the next two, Again with the 120 day constaiction period, we wo(Ad tl-O*that these twc properties would be finished by 5Wnrner of 2016 At that firne Tollberg Hornes wauO cJose, and construct Ole final two propemes By the late SUrnmer of 2016 7 ofterg f-fornes wouid have purchased, closed and built on aH 6 lots. Endosed you wmH find ToUberg Hornes LLC offer as we f as a sarnpie b4iepNnt and a sarnpfe of specifications for the houses we intend to bu'ld. ft is Tollberg's intention to finish the ciornplete upper lev6 and to make comphance with the EDA guidelines will finish one bedroom and one bathroom in the lower level. The reason is that it is imperative for was (or anybody) to be able to compete with the current StrUCtUfe, of pricing, of other properties in the neighborhood. Please note that this is a remixed use area Mh l'ower priced properties and apartment buildings as the neighbors. The potential houses to be built have to stay within reason of the current pricing or they woLjfd be unable to be sold. It would be unrealistic for anyone to think that the final purchase, price of the new houses would exceed' $199,000, In order for Toflberg (or anyone else) to produce properties rn that price range these covenants and lot prices described in our offer have to be met, We strongly encourage you to consider this offer. We have a track reccid with Economic Deveiopment Authorities, and can perform. We thank you for the opportunity to offer a proposal on these fats and woudd request that if you have any questions , please feel free to contact the undersigned Very truly yours, z" - I-- -Z-.-r7 - - Wade Tollefson President Tollberg Hornes L Cell.- 612-804-91988 TOL'IIAERC; o. j e F"Cejaj'.'— uYer Information MoM 2 o °i" , w Plan Info: split' lE vel Basement; ZLookout I—Malkout CDFull Garage-, DRight El Left I]Ba5ement Finished Utilities: LFJCityWater/Sewer !WDwcll /Septjc ORural Water/Septic By, signing bplow (or by Oectronic approvaN on Builderl-rend), Buyer approves and accepts specifications as written These Spedfications supersede fjntish notes on, the house plans UNLESS Toll per Homes has specifically added red line notes to the plan. Any change to these specifications is subject to $ 150 Change Order fee in addition to the cost of the, change A requested change is not guaranteed until a signed Change Order is on file, Buyer is aware that any item discussed between Buyer and Buflder, or representative of the builder, that has not been detailed on the approved House Mans, Spec: Sheet, or Change Order will not be included in construction, it is the responsibility of the Buyer to check and confirm that all desired changes have been detailed on the House plaits, Spec Sheet, or Change, Order, Buyer., Date: Buyer. Date,, Exterior Finish: ws: Z%4iy OCAfier front Door ZSix panel steel, painted -Dribeq Garage Service Dow: 'D Ye s Zi', Na 6arage Doors: OStandard Panel $ Other: TDOne Opener (double stafl) CaWirele5s keypac Shingles: E]Archllecluratl NI 3 Tab Siding: @Vinyl OFiber Cement OFront OnN, Stare;' Frgsai 9) NEer ai n Deck; --Yes 'o Notes" l-r- Framing 2ft Culor L'Wtute .Tan J 0aftsmiin style, stamed Sa c 3—t-ITc r T7 drrsulated with Liner. UYes 0No F rheas ONO terio, D St 55 u s1 so [:End WaN ER:orner E) n ID8rawer Remote f7iCerar(Oic Cle face r 4 sto rie to Mantel Mrif. h) LF!OMg L-W Od biamrt t Notes., HVA C. Gaslines: DlDryer O.Mange LCooktop IZFurnacc Ulrirepdacc —,Garage Heater U'Wate Wlj-;..— - ---- - , - - --.- I -. --- ---- - - — --l- -- . .. ..... . ......... . . bath fans ZRange Hood Air Exchariper: -- Yes S, N0gDryerMicro m._..,.. Humidifier. C Yes ONO Gas Service: ZINaluraf Gas C !_f Notes: r,r--,-r - ,... "II r . . . ....... . , "r .................. . . . . . . Standard Package Aowance [-,,, , ) 2,Fiberglass - 1 Ceiarric Tile Wofer)4eaiter Y" 50 Gal Uectric C50 Gai Powervent Garage FloorDroln: F1 Yes Z P40 SGarbage Disposal Sice de7aker line O'SprinklLi line E,Wes: Bar Z-LaundryTub L)Sump Pump Z.'5vrnp 8asket Atnfpc, "J! Electrico Sa h i;TSe 50 Plate Coversr EWhite OAIrnoind Recessed tights 4 Lichting: XStand8rd Package Z Door Nme LI Whirlpool Tub rSCentral Air Surnp Purnp "A4 Exchange, Zi_loj W,Cr r3WeRj 51r, lo rose controls K'Microwave C]"r, TorheatCHurnidifierC, UI Range L-TRange Hood '-Cookiop 26arbage [Mposal SIJMshwaSti;Lr EROngerator L%VaNOven 'KiDryer E-'CeRing Fan Z Bath Far (2) ZPhone %2 Scable, (2 Drywcr ffdra trFtatarpt interior Square Coo Prnirr de,l urrlerc Garrx c 2,Sheetwck flrewali o n °r SIYGE fiY Cle cor ICte f ire bane cnl °Fl (shed {C,pe /pat 1tl Wdails In r.rlV d IDCeudaig Insoiated I Aotes trtt'Tt ir r lAtlS r 7rlrrr Type: C?47C XWhitelADF f'rehnrsticd Popdar Bosa' ns 5tyie 1/4 P---- -trrrr J3 A/4 Princeaorfims__ d Base style Cie 5/B Princetor , L214-1/4' Pranreton Stem Ptrplar 6 trSG Handrail C Skar4brrard Casa Berard (for half wrallJ JSquare Poplar Balr.a5ter DlVatte Slack, Aluminum Baluster ESquare Poplar Ne,wvel —"Pop@ar Box New. "el j a wrpoors' r OH011ow crare, White 00ther ...`.. r__ -? Za3 pace i tiat 26 paneV raused _,.. Other.. J ._,,0 _. tnterica are. NSaitBR Nrck'el t. tither err tz e:I Shelving,, White wwire Clwha rx elan ine ww/ wood rod Cabinets: DPoplar 01(nottykder ZOther SMart Zf atp'anel OdRaisedpa'nel itcKm Ccruntertopr tammate 71Gran 55t.ndard Ba¢ksplash (tea match) i Cerarr is l'fle 6acd5plaastr Beath Countertop. CJWhrte tvlarba e tarninaie DGranite toundry Cou.nterteap: OLarvilnate DGramte Paint: ZStandard F'lat J6ggshellrSatln (I )Colors Mirrors. '40 " Height XWanity'Width Carpet: 97ohbergStaodard _. D_ AJ..d.. aw once (( 1, Y ) m 96edroorns _ ! .v ng 600m Halway L'Study Stairs . Ceramic ie;Lollderg Standard DAllo ance Ofoyer [,–MST Bath ErOther Baths rM ud C.tae nd y ifrnyl' T ftvg Standard IDAllowrance i( 1 Kitchen rP— Ditiing F.FoVer 03a, OLaundryr iV} Wood' l-arninate iHardworad DAliawance (i JJ.Toflberg Mtchen ODlnrne Rorim 1... LMng, Aoorrl ``'oWd DFoyer KEft rrc s Standard PatkaageE.-Allowance, t7tBS: ilha C") Site Finish Driveway ]Concrete Asphalt Landscape Machine Grade D_AIlowwaance° ( ` Crtyrraeiwratks eyes {.aNtr a 6l alLiiC4 j : I C1 u tr IN J(j "I'l I i axr•' oI. xro el 5 2Z a v 4 %L IoL o J, r sp 6_1 zp Fl 40 o2 cw. o x t4 v to o' 4- r '21pp mow. i 5'1'1 ZIV 91, 5 4 7 4 -S 41 wvl oe Py ["18,11111pw 11 1, 1/1, J 'I NQ is I EXHIBIT C In PURCHASE AND REDEVELO P MENS" AGWREEMENT FORM OF CERTIFICATE OF COMPLETION 473269 1 41,205-56 C FRT1 FICATT,,' OUCO M N-1,A] ON WHIMLAK the Alumbdu Heights liummmiC DeVel0j)[11CM AUthority, as pt,ibhc body, corporate and pofilic (1he "Grantor"), conve3W land in Ancla Couiq innesota w a Ohe "Grantec"), by a Decd recorded in theiiiijorilliti-)' Remi-der land in the Mce of Registrar of"I iticsj in and lbr the ( `ounty of Anoka and We of Mnnesota, as Document Numbers aud respectively, and WFINWAT said Eked comained certain covcnanb; and restrioions set forth in Sections I and 2 ofs,a.dd Deed; am] W11F'RFAS., said Grantee has perfbmwd said covenwas and mWitions insofar as it is able in as nmnrwr dmnwd MUM hy the Marlor bo rwnydi the execution and mcordkg or dlis cemblicatkmi.- NOW. 'I'll FR1-,T this is to certHj that M1 building COnStrUC6011, arid officr phyMeal impnwemems specified to be chore and made by the (hantee have becii contpleted and the above comnams and condil%s in said Iked and IN agremnems and co enarils in Sections 144 and 1411 of the Agrec.ment (as described in said Dced) have bemi performcd by the Grantee thereirl., and the CAmmy RecoMer [and the Regisnur ol"Fiflesl in and for the County of'Anoka and State of Minnesota are hmvh, aulhozized U) accept Q recording and to record, the fiHng of this insimment, io be as conclusive determinalbri of Ke satMactory tcrmination ofthe covemants 'and conditions of Sections 15A am] 1513 of the Agreement and the covenants arid restrictions set Arth in S"•hns I and 2 of Ad Deed, provided float Ke emmants so Inh in NOW 15F of the AgreerncnL and in Section 3 of the Ike& wmain in I'M force and effect through the period stawd the rd Dated: off COIJ MIJA I HAU ITS L,'C,()NONflC DI"NFLOPWAT AUTHORYTA' Its President hs Fxec anti ve Director 17330h I (I ?W W, STATF (* MINNESOTA S CIRM Y OF ANA)KA IN lbregoing NuumnH "As ackwwledged behre me Ws (by of 20 by and PresidClIt Lflld F'XeCtlti'Ve Mcwtoo wSpedively. of the Colunibbi AMC, on behairm" 9 We aWhoHq, Notary Public Ilis docunwnt drahed by: KINNE'LDY & GRAVFN, CHARTFRE'D 4 7'0 1 J. S, Bank Plaza Minneapolis. MN 55402 612) 337-9300 47 1M9, I 4 1 20406