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HomeMy WebLinkAbout2016-2756.03Italkill; III* NOW-9 I WKWI 4641 Tyler Street NE, Columbia Heights, Minnesota P.. Offer/Acceptance. Buyer offers to purchase and Seller agrees to sell real property Anoka County, Minnesota, legally described as follows (the "Property"): Lot Twenty-five (25) and the South 20 feet of Lot Twenty-six (26), Block Two (2) of Sheffield's Second Subdivision. Check here ifpart or all ofthe land is Registered (Torrens) 0 I Acceptance Deadline. This offer to purchase, unless accepted sooner, shall be null an? void at 4:30 p.m. on January 18, 2016, which is 14 days after Seller authorized the sale:, 4. Price and Terms. The price for the Property is $22,5i00.00! ("Purchase Price") which Buyer shall pay as follows: earnest money of $2,000 by check, receipt of which is hereby acknowledged by Seller, The balance of the Purchase Price must be paid by certified check or wire transfer on the Date of Closing, The "Date of Closing" shall be no later than July 15, 20 6. 5. Personal Property Included in Sale. There are no items of personal property or fixtures owned by Seller and currently located on the Property for purposes of this sale, f. Deed. Upion performance by Buyer, Seller shall deliver a quit chdin deed conveying tit ttothePropertytoBuyer, in substantially the form attached as Exhibit A, subject to tj 473278v] C'L205-58 conditions subsequent required by Sections 15, 16, and 17 of this Agreement theDeed"), ( 7. Real Estate Taxes and Special Assessments. 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 f'or real estate taxes due and payable in 2016„ Assume payment of the pending special assessment without adjustment to the purchase agreement price of the property; or 473209% C'1,20 5fi the Seller, in whiell case the agreement shall be null and void and all earnest money paid hercurider shall be refunded to the Buyer, Seller makes no warranties as to the condition of the Property, M 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 copy of any owner's title insurance policyfortheproperty, if in Seller's possession or control, to Buyer or to Buyer's designated title service provider; and b) Buyer shall obtain the title evidence determined necessary or desirable by Buyer, The Buyer shall have 20 days from the date it receives such title evidence to raise any objections to title it may have, Objections not made within such time will be deemed waived, The Seller shall have 90 days from the date: of such objection to affect a cure; provided, however, that Seller shall have no obligation to cure any objections, and may inform Buyer of such. The Buyer may then elect to close notwithstanding the uncured objections or declare this Agreement null and void, and the parties will thereby be released from any further obligation hereunder, 12. Title Clear-ance and Remedies. If Seller shall fail to have title objections timely removed, 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. If title is marketable, or is made marketable as provided herein, and Buyer defaults in any of the agreements herein, 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 be presented for payment notwithstanding cancellation; B. Seek specific performance within six months after such right of" action arises, including costs and reasonable attorney's fees, as per witted by law. If title is marketable, or is made marketable as provided herein, and Seller defaults If) any of the agreements herein, Buyer may, as permitted by law: 1. Seek damages from Seller including costs and reasonable attorney's fees; 3 4 73269v I CL,205 56 D, Seek specific performance within ,dx months after such right ofaction arlises, 14. Individual Sewage Treatment System Disclosure, Seller certifies that there is noindividualsewagetreatmentsystemonorservingtheProperty, 15. Construction and Sale of Dwelling. Buyer agrees That it will construct a. new single family dwelling on the Property, intended for sale to a person or persons for residentialoccupancy (an "Owner Occupant"), This covenant shall survive the delivery of the Deed,, The single family dwelling described in this Section is referred to as theMinimuniImprovements," K The Minimum Improvements shall consist of a new single fiarnily dwelling, ashallbeconstructedsubstantiallyinaccordancewiththeSingleFarrillyHomeL Sales Program Guidelines on file at City flail and the proposal approved by SellonDecember7, 2015, attached hereto as Exhibit B. C. Construction of the Minimum Improvements must be substantially completed within one year from the Date of Closing. Construction will be considered substantially complete when the final certificate of occupancy has been issued bytheCityofColumbiaHeightsbuildingofficial, U Promptly after substantial completion of the Minimum Improvements if) 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 fbrm attached hereto as Exhibit C, for such improvements. 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'. The certificate provided for in this Section of this Agreement shall be in suchf'or7n, as will enable it to be recorded in the proper office for the recordation of' deeds and other instruments pertaining to the Property. Ifthe Seller shall refuse or 473241A I CA205-56 fail to provide any certification in accordwice Nvith the provisions of this Section, the Seller shall, within thirty (30) days after written request by the Buyer, provide the Buyer with a written statement, indicating in adequate detail in what respects the Buyer has failed to complete the Minimum 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 Seller for the Buyer to take or perform in order to obtain such certification, E The Buyer represents and agrees that until issuance of the Certificate of Completion for the Minimum lmprovements: 1 ) 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 (collecti\,ely, a - Transfer" ), without the prior written approval of the Seller's board of corm-nissioners. The term "Fransfer" does not include encumbrances made or granted by way of security for', and onlyfor, 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 otherthananOwnerOccupantpriortoissuanceoftheCertificateof' Completion, theSellershallbeentitledtorequireasconditionstosuchTransferthat: any proposed transferee shall have the qualifications and financial responsibility, in the reasonable judgment of tile Seller, necessary and adequate to fulfill the obligations undertaken in this Agreement by theBuyerastotheportionofthePropertytobetransferred; and ii) Any proposed transferee, by instrument in writingsatisfactorytotheSellerandinformrecordableinthepublic ]arid 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 of the obligations of the Buyer under this Agreement as to the portion of the Property to be transfer-red and agreed to be subject to all the conditions and restrictions to which the Buyer is subject as to such portion, provided, however, 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 assumed such obligations or so agreed, and shall not (unless arid 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 5 473269,,, CL205-56 Minimum Improvements or any part thereof' or the construction of the Minimum Improvements; it being the intent of the parties as expressed in this Agreement that ('to the fullest extent permitted at law and in equity and excepting only in the manner and to the extent specifically provided othem4se in this Agreement) no transfer of, or change with respect to, ownership 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 firnif the Seller of or with respect to any rights or remedies on controls provided in or resulting from this Agreement with respect to the Property that the Seller would have had, 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 any of its obligations with respect thereto, iii) Any and all instruments and other legal docurnents involved in effecting the transfer of any interest in this Agreement or the Property governed by this subsection E, shall be in a fbrm reasonablywatisfactorytotheSeller,, 3) If the conditions described in paragraph (2) above are satisfied then the Transfer will be approved and the Buyer shall be released from its obligation under this Agreement, as to the portion of the Property that is transferred, assigned, or otherwise conveyed, The provisions of this paragraph (3) apply to all subsequent transferors. 6 473269vI C1.205-56 Notw i thstanding 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 term "Unavoidable Delays" rneans 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 the Minimum Improvements, 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 goven-ii-nental unit (other than the Seller in exercising its rights under this Agreement) which directly results in delays. Unavoidable Delays shall not include delays in the Buyers obtaining of permits or governmental approvals necessary to enable Construction of the Minimum Improvements by the dates such construction is required under this section of this Agreement. 17. Resale of Reacquired Property; Disposition of Proceeds, Upon the revesting in the Seller of title to arid/or possession of the Property or any part thereof as provided in Section 16, the Seller shall apply the purchase price paid by the Buyer under Section 4 of' this Agreement as follows: a) First, to reimburse the Seller for all costs and expenses incurred by the Seller, including but not limited to proportionate salaries of personnel, in connection with the recapture, management, and resale of the Property or part thereof (but less ally 7 47326 A/J Cf,205-56, income derived by the Seller born the Property or part thercofirt connection with such management); all taxes, assessments, and water and sewer charges with respect to the Property or part thereof (or, in the event the Property is exempt from taxation or assessment or such charge during the period of oNvilership thereat' by the Seller, an amount, if paid, equal to such taxes, assessments, or charges (as determined by the Seller assessing official) as would have been payable if the Property were not so exempt); any payments made or necessary to be made to discharge any encumbrances or liens existing on the Property or part thereof at the time of revesting of title thereto in the Seller or to discharge or prevent from 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 the Minimum Improvements or any part thereof on the Property or part thereof, and any amounts 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 remaining after the reimbursements specified in paragraph (a) above, Such reimbursement shall be paid to the Buyer upon delivery of an executed, recordable warranty deed to the Property by the Buyer to the Seller, 473269v I CL205-56 24. Recording. This 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. In witness of the foregoing, the parties have executed this agreement on the year and date written above, STATE OF MINNESOTA COUNTY OFANOKA 11TS ECONOMIC DEVELOPMEN'r AUTHORITY W By: Its Executive Ditector The ;l6r coing was acknowled ed .efore me this day ofjWVV61,d"1,)/2016, by and the President and Executl ve Director of , lumbia Heights Economic Development Authority, a public body corporate and politic under the laws of Minnesota, on behalf of the public body corporate and politic, Notary Public 9 4?326% 1 CL20`'-56 Not" Pubfic — Minnesota — 7 BUYER: Tollberg Homes, LLC 0 STATE OF MINNESOTA ss. COUNTY OF ANOKA The foregoing was acknowledged before me this day of 2016, by Wade Tollefson, the President and Chief Manager of Tollberg Homes, LLC, a Minnesota limited liability company, on behalf of the limited liability company. Notary Public This document drafted by: Ke eennedy a Graven, Cha7rtered 0 tj. S. 470FUS. Bank Plaza 200 So. 61h Street i, lnneapofi, MN 55402 10 473269v] C1.205-50 EXHIBIT A to PURCHASE AND REDEVELOPMENTAGREEMENT FORM OF QUIT CLAIM DEED Deed Tax Due: S ECRV- THIS INDENRJRE, between the Columbia Heights Economic Development Authority, aMinnesota, a public body corporate and politic (the "Grantor"), and a Minnesota WITNESSETH, that Grantor, in consideration of the sum of $— - -- and other good and valuable consideration the receipt whereof is hereby acknowle4Q—,does hereby grant, bargain, quitclaim and convey to the Grantee, its successors and assigns forever, a] I the tract or A arcel 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"): 7heck here ifiwrl or all qfihe land is Registered(Torrens) 0 To have and to hold the same, together with all the hereditaments and appurtenances thereunto belonging. SECTION 1. 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 and mRedevelopent Agreement" (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 obligations of said Agreement as to this Property or such part thereof then to be conveyed, has been placed of record. This provision, however, shall in no way prevent the Grantee frorn mortgaging this Property in order to obtain funds for the purchase of the Property hereby conveyed or for erecting the Minimum Improvements thereon (as defined in the Agreement) in conformity with the Agreement, any applicable development program and applicable provisions of the zoning ordinance of the City of Columbia I leights, 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 the construction of the Minimurn Improvements thereon, as provided in the Agreement, 473269vll C1,205-56 Promptly after completion of the Minimum Improvements in accordance will] the provisions of the Agreement, the Grantor will furnish the Grantee with an appropriate instrument so certifying, Such 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 Minimum 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 ally holder of a 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 for 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 certification in accordance with the provisions of the Agreement and this Deed, the Grantor shall, within, thirty (30) days after written request by the Grantee, provide the Grantee with a written statement indicating in adequate detail in what respects the Grantee has failed to complete the Minimum 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, The Grantee's rights and interest in the Property are subject to the terms and conditions of Sections 15, 1 6 and 17 of the Agreement relating to the Grantor's right to re-enter and revert 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 the Agreement, The Grantee agrees for itself and its successors, and assigns to or of the Property or any part thereof, 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 date hercof. 473269v I 0,20i-56 In an'lj'rhficaflon airt(j not ln reshidion A the wovkons of the 1mcedby seAmi N us hAmded and agmed thm Te Qunwr shall he demned a Ot' thC agreeincrits and covenwns Iva0ded hem&. Nth Rv Err in is own rjhL and dso lot, ihe oCpr(,.mIeciing Me WereM of die conununhy and dw o1kr punk, puhhc or private, in "Wse Wor tv A; Hose henehl these ugreemems and covenants Ave ken pnwWcd, Such agreernents and covenw'W, shall nui in Wor of the Gwor without regard W mleTer thL Gyrantor lias at any 61ne been, remahm. or is an owner of any land or interest Knin Un cu W fbviw oil which such agreements and covenwits relme. The Gwor shah have the HOT hi the event of any hrcach of any such agmmnoit (w ccnvnwR U) exu6se all the righN and roncTeN and ki nmWAn any auhmis or SOW at law or in eqAty m odwr pnMer proceedings to enibrcc tN,° CUril)L4, Of SUCh I.-weach of agreemem or ecovmtant, to wh1h it cm- any other henefichries of 'such agreernent or covenant may J)e kjjfifle(j j)jr1()Vided that Granlor AM! nm have any right to re-cmeT the Property or revcsi in tile Grantor II)c esMIc conveyed by this Iked 011 p,t'OLHRIS Of' GraAffl(-,C'S faHure to comply wilh its ofdigalkm Wider this Set% 3. IN ,NTTN[,,SS W111 EOF, the Grantor Ims caused INs Iked to he duo tnecmd in A N%Why A %sident and 1:,'-secudve 1hre0or Us day (W .20 11 The SOW cenifles AM the Sc Her Aws not knovy of any kwlls on the described rct.il property" 11 A mxH disclasure certificate accofnpanies this document or has Iven e[ccuonically file(.1, dl f. C CclrorlicaHy 11 fed. insert WL)(' 1.1 1 arn fiarnilia'i vvhi-r the property dcscHbed in this insmunent and I cei lify that the status and number of' wcHs on the described real prol-wrty We m changed Once the Caret previously Med well disclosure Certificate, 47, M I ( 1 700 9, J)LUNIBIA I IFIGI H S FC'()NOMIC iv Its President By Its F'xeculive Dirccior vormv OF MINNESO 10% SS On dris I-- clay of . _ 1 20 bef'ore mc- a notary public wiffiin and for Couifl,y, persormlly appear-ed __ _ all(] to inc, personally now who hy ime duly sworn. did say that they are die President and Exectaive Mt ctm of the Cblum% I fellits Sonondc DeMopment KIM)/ (the -Author4y") nanwd in We AwgAig imuvrrieny dial W imunwn! "us Agned on hchaffof aid Authority pursuant to as rcsolulkn of A govxn4g, ha dy and said and swknowbdged said imumm to he Te Ike owl and demi of said Authority, I his instrumerit \vas dmhed by Kennedy & Gnaven. CAi,,arted 470 RA Ihnk pal xl 20O SOU111 SiNth SI-ed Mii,incapolis, MN 55402 612) 337 93M, 471NA I i I W % Ax Slaaterncnts shcnfld be sent iw nz PURCHASE AND REDEVELOPMENT AGREEMENT 473269'N, I C1,205-56 FOL BERG Octob:ei 6, 2016 Community Development Department 69:0 401h Avenue NE Columbia Heights, MNB 55421 RE. Proposal for Economic Developrnent Administration 5, Lots on Polk St. NE and I lot on Tyler St. NE 4606 Polk St. N 4636 Polk St NE 4600 Polk St, NE 4648 Polk St, NE 4618 Polk St. NE 4641 Tyler St NE It is our intent to construct on all 6, properties in Columbia Heights as quickly as possible. We have a full time realtor that sells for Tollberg Homes exclusively, We would hope to purchase the land and close as time and weather pe,rmits, 120 days is our norma completion time frame to construct a home so we anticipate that we wiil have the first two houses b0t arid sold Mthin the first six Wade Tollefson Presdent iON, W "IlpiRUMNOWAKORIT-1 TO LL B El R "C"t 11, Job Addiress: Lega1: 1 NTew, Haij,.:rje Sloec Rf Plan Info., Split level 1024 est sq ft Basement,, Z-Lookout FWalkout CIFull Garage: DRight EJI eft Basement Finished w___._. u6fties: 00ty Water/Sewer O'WeillSepflc 7Rur@l Water/Septic By signing below (or by electronic approval or, BuilderTrend), Buyer approves and accepts specifications as written. These specifica0ons supersede finish notes on the house plans UNLESS TDNberg Homes has specifically added red line notes to the ppar, 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 Builder, or representative of the Buii'der, that has not been detailed on the approved House plans, Spec Sheet, or Change Order will not be included in construction. it Is the responsiltiffity of the Buyer to check and confirm that alp' desired changes have been detailed on the House plans, Spec Sheet, or Change Order. Dote:. Exterior Finish,, r`radows, ZV nyl ;-fC.'Aher FJG rids in glziss t,f rcn! oniy) Front Door Z5IX panel ' s-te-p-,i, Glorage Service Door: I Yes ENO GorageDoors: LKStandard Panel L' , 'Other: SOqe Opener (double stafl C,Wreie.s5 keypz Shingles.- LlArChitecturaE 3 Tab Siding IDV nyi [Fiber Cement Front 10 nh, Stane:." 'FraptperpK_ "' -1 ' ' ... FDeck. E:Yes No Note FramcnR 2ft CC Color EWhae 1.._!Ian Craftsrri,en s!yJe, sta;nr J OtherColor., 1!ckpw 9nsulated with Uner: CYes Ef No Gutters,, OYes Of No Shakes, ZVany M rl LD Fiber Cernent StoCatsarrns, ne , j;5;, ap edar _ e ' Oyes NO I.-T5L55() :DSL750 [,-.End Wall OCorner Dntenor EJDog House, hearth _-.Rarsed hearth n n el tC) T -,Wood Mant LtoLe,"jgDjBiawerBeanateE'Ceraw c tde face FIStone to -la n. Metes: 1 . . .. . ... ......... .... HVAC., GwLipes: DDryer L]IRange Vent;nq; Z 0ryea 5,194th fai Humidifier, !'Yes 0 No Notes: Cco ktop ZFor aace F. P:Fire pla cc D&arap, Neater [''Water Heater I,j CRange liood OlMicro Air, ftrhanger., __'Yei Z No Gas 5ervlce.- L'Xituratl Gas D,F Fixtures; Sstandard Package EDAIlowance MasterShower: XFibergiass _.'Ceiarmc THL woterW-aflr, 550 l Eiectric 1350 Gal Powervent Garage FloorDrain, 0 Yes l40 SGarbage DispDsa,l FIce MAer Line EISprinkler kne '-)Wet Bar LKII.aundry`Fub I.JSump Pump _05unrp Basket Plate Covers ZlWhite EDA mond Recessed Lighm 4 XStandard Package Surnp Pump _; ;Air Exchanger X!Fiot Water Heater 1.2weli fn or heat CHLmd'ifier (..,Zone controls EfAioowave urcv,, 28ange E_ tRan,ge Hood r_-' Cocktop OlGarbage Disposal j:L)IShWa hor ERefrigerator E'Wall Oven 7, Dryer E_-CeMig Fan 7. Sath Far (2) ZPhone (2 f _`;'Cable f2 y0teL: DrywafilInsuilathon: n EkoundeJ Corners E45hee!rock firevvaH on -'She trot corripfieie J4Jallso1SURatrd LICedM9 ln ulated Fire tape on@y T -1Fin shed jtapelpamt) Interior Finish 4TrimType; XWhite MDF Zf)rehmshed Pciplar -Ft"vIng Style; Z 2 - 1/4 Prii riceton E 3 2/4" P(mceton Princeton 114-1/4" Princeton 2Poplar 26010 HandraH OSkirtboard ZCap Board Ifor half wall) Square Poplar Baluster FJMarte Black AWrTNnurn Baluster CDSQ Lare Popla't P ewel1-2op ar Box InterforDoors, gl-livOow core, Whirip, FJothfr 93 panel, flat E16 pane raesed --DOther: On Nickel 0Olhe'r' te wire OWMe mWarnine w/ wood no6 Cabinets: DPoplar 13KnottVAIder Zother Smart EFlat panO ZlRaised paneV k t iCountertap; OLwninate DGranlite EStandard Sackspfash (to match) LOCeramic Tate BackspWh „Tm Both Caauntertrao , CWhite Marbte Fjlaminate GraniteOGrate' ou ryCounrertop., MLarinlnate EJGranite past —2IStnd,,d Flat OEggshefl/Saiin (I Colors Mirrors; T S 2, 40” Height X Vanity Width C r e T Ille d OMS XbvingRoorn ZIHOway EStudy F,5(arr, a. dL rdCT0ode: I OMSTBath C7,Otherbaths CMud [.--Laundry y 'g Standard DM1'- OT n RDining FFriyer 08aths Maundry -.3 Waer —dd - L rg Standard EAbowance n ODIningRoom Notes: Dphances.- Standard Package APowaance o I ! tes., (Ho 'n) Site Finish: Driveway: F.Iftnuete ZAsphalt Landscape.- F-Madiene Grade [JMowance! Citysidewalkv. I-JYes rCMPca j J f \/ j \ uj tu IU, 7U., Ind oJ G. Cw 51 I U, 7U., Ind oJ G. Cw c^c f 1 In f 1 w, d3cA, C' n u e two y. g a No y7„.wd A4 " ; be et , C r 5.9,L A%A 00 Wyk njS 1 c w ktl i S l' ti T, i„ d r7 F, a- PURCHASE AND REDEVELOPMEN TAGREEMENS" FORM OF CERTIFICATE OF COMPLETION 473269%] C1,205-50 CERTIFICATE, OF' COMPLE11ON WHL,,'RFAS, Oic Wumbla 116ghis humumic Development Audwritn a puNic body, corNnew and rxAioc (he "Grantor"), emmyccl larW in Anoka Onmty. NInnem to U (die "Gninteel, by u Deed i-ecoMed in We IF Me ("Uth), Rl,Ccn'der [and in thc Officc of' Registrar ol''I itlesj in and I'm the (.'ouniy of Anoka and TaW of Nnnesm. as Wcumem Numbers and resnectiveiv. and W1 1F',H1,,AS, said Deed contained Cel-la"-' "'WMIMtS drild rusidohns set AmS in Secdons and 2 uf Wd Deut an(I WHE,RE'AS, said Qunwc.,° has peribrined said CoVe,11al-11S afrid conditions insofar as it is able W a manner deemed sulEcient by the Grantor to patmit Te excemkin and mconhng ofthis cemi6cation., NOIAI I Ift,4ZEFORF, thi is W Cent tat aH buiLding mmsfruckmi turd othcr physical impummmas mmWied to he donc and made by the %muce have been completed and the above covenants aan(j (;ondWons in said Iked and the agreements dVld COVeTiants in Sections 14A and 14B of The Agmement (as desuibed in said Deed) bane bcen perforn-m.1 by (he 6rantec,, therein, and the (7ounly Recorder, and the Rcgistrar offhleo in and Or he (Many of Puwka amd St"Ite of Ndinnesota ant, hereby authorizcd to ac(,,-cpt Or recording aml to raAmi the Rling of Ns insirument. to he as cow4mbe cletenninwimi of the sadsNuoy wrminmimi of the covenants' and CmWkkms of Sections IN\ and 1511 of the Agrecnient and thc cownwhs and r"NOhns set fbdh in ScUions I and 2 of said DeQ& provided At Me covenams set RmS in Scctions 15F of lie Agreement. and in Section 3 ofSe Ike$ rondn in W] fiance and Cft d thl-OUgh the period Mated Ommonr INK .20 COLUN4131A HF1011TS LCONOMW ITHORUY By hs 14colve Won ITUAIT OF MINNESGIA CO L 1,NJI Y () I A N () K A I'he I'oregoing x,is before me this day of 20 , by and the Presidunt ,seam F'XUCLI[iV(- Muclor, respectively, of the Alumbia I f6ghls FconmMc Wdop-nent Aulhorify, on behalf of the awhoOty, Nou ry Public Ilis Scumen; draRed by: 470 IAS. Bank Idaza MinneapcAC MAJ 55402 612) 337-93(g) IMMO ( 1 20536