Minutes-9/1/2016

DEVELOPER'S AGREEMENT PARK RIDGE SECOND ADDITION THIS AGREEMENT, made by and between the City of Tiffin, Iowa, a municipal corporation, hereinafter referred to as "City," and Park Ridge Development, LLC, hereinafter referred to as "Developer." SECTION 1. REQUEST FOR PLAT APPROVAL Developer has requested that the City approve the preliminary plat, attached hereto as Exhibit A and incorporated herein by reference, for a proposed subdivision known as Park Ridge Second Addition, Tiffin, Iowa, (referred to herein as the "plat") for the following described real estate situated in Tiffin, Johnson County, Iowa, to wit: Outlot “B” of Park Ridge, Tiffin, Johnson County, Iowa, in accordance with the Plat thereof recorded in Plat Book 59, at Page 341, in the records of the Johnson County Recorder’s office, containing 16.69 acres and subject to easements and restrictions of record. As part of this request, Developer acknowledges full ownership of the real estate described above. SECTION 2. CONDITIONS OF PLAT APPROVAL AND RIGHT TO PROCEED A. The City shall approve the preliminary plat of this subdivision upon the conditions that: 1. The final plat will conform to the preliminary plat; 2. The construction plans will be submitted and approved;