Resolutions-2014-058

Prepared by: James D. Houghton, 216 Stevens Drive, P. O. Box 1147, Iowa City, Iowa, 52244 _ ( 319) 341- 0641 Return to: James D. Houghton, 216 Stevens Drive, P. O. Box 1147, Iowa City, Iowa, 52244 ( 319) 341- 0641 DEVELOPER' S AGREEMENT THIS AGREEMENT, made by and between the City of Tiffin, Iowa, a municipal corporation, hereinafter referred to as " City," and Prairie West Development Company, 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 Prairie West Addition Part Two ( referred to herein as the " plat") for the following described real estate situated in Tiffin, Johnson County, Iowa, to wit: Lots 11, 61 and 62 of Prairie West Addition, Tiffin, Johnson County, Iowa, in accordance with the Plat thereof, containing 3. 71 acres, and subject to easements and restrictions of record. As part of this request, Developer acknowledges full ownership of the real estate described above, subject to a Memorandum of Real Estate Contract wherein James P. Glasgow is Seller and Prairie West Development Company is Buyer, recorded July 1, 2013, in Book 5118, Page 763- 765, Records of Johnson County, Iowa. James P. Glasgow, as Contract Seller, has executed a Consent and Dedication of Contract Holder, which Consent is attached hereto as Exhibit `-`A." SECTION 2. CONDITIONS OF PLAT APPROVAL AND RIGHT TO PROCEED