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HomeMy WebLinkAbout22093 f Y , 4E633 AGREEMENT (Conditions to Setback, Floor Area Ratios, and Lot Coverage Variances for One Corporate Center Phase 6) THIS AGREEMENT, made and entered into this day of 1981, by and between RYAN CONSTRUCTION COMPANY OF MINNESOTA, INC., a Minnesota corporation ( "Owner ") with the CITY OF EDINA, a Minnesota municipal corporation ( "City "); WHEREAS, Owner is the fee owner of Lot 1, Block 1, Lot 1, Block 2, Lot 1, Block 3, Lot 1, Block 4, Lot 1, Block 5, Lot 1, Block 6, Lot 1, Block 7, Lot 1, Block 8 all in One Corporate Center Phase 6, according to the recorded plat thereof, Hennepin County, Minnesota (the "Lots "), and also the fee owner of Outlot A of said plat (the "Property "); all located in the City of Edina; County of Hennepin, State of Minnesota; and WHEREAS, the Lots and.Property are presently undeveloped land; and WHEREAS, Owner proposes to construct upon the Lots an eight building office complex with parking on the Property to be used in connection with said buildings (all being hereinafter called the "Improvements "); and WHEREAS, Owner has proposed that tre Improvements be built as a townhouse type subdivision with each office building situated upon a separate Lot and all parking areas, walkways, and amenities to be located upon the Property which Property would be owned and maintained jointly by the owners of the eight buildings through their association; and WHEREAS, Owner has submitted to the City a set of architectural plans and specifications for the Improvements, which plans and specifications are entitled "One Corporate Center Phase 6, Metro Boulevard, Edina, Minnesota ", were prepared by Owner, are dated June 2, 1981, and are on file with the City (the "Plans and Specifications "), and which Plans and Specifications set forth the exterior architecture and design, location, and construction specifications of the Improvements; and WHEREAS, City does not presently have a "Planned Office District" ordinance pursuant to which floor area ratios, lot coverages, and setbacks for each of the eight Lots would otherwise be determined; and WHEREAS, Owner has requested of the City variances for floor area ratio, lot coverage, and setbacks for each of the eight Lots; and WHEREAS, City did on June 1B, 1981, in Case No. B -81 -22 (the "Variance Grant "), grant the requested _ variances for floor area ratio, lot coverage, and setbacks because the strict enforcement of the City ordinances would, in this case, cause undue hardship because of circumstances unique to the property, the grant of such variances would preserve a substantial property right possessed by other property in the vicinity and zoning district, would not be materially detrimental to the public welfare or injurious to other property in the vicinity or zoning district, and the grant of such variances has been determined by the City to be in keeping with the spirit and intent of the applicable ordinances, but subject to the execution, delivery, and recording of this Agreement, and only upon the conditions hereinafter set out in this Agreement, which the City deems necessary -2- to impose to ensure compliance with the applicable City ordinances and to protect adjacent properties; and WHEREAS, Owner is agreeable to the granting of the variances subject to the conditions hereinafter set out, and is willing, and represents that it has the power and authority, to enter into this Agreement. NOW, THEREFORE, in consiaeration of the granting by the City of the above requested variances, and of the mutual covenants and agreements hereinafter contained, it is hereby agreed by and between the parties hereto as follows: 1. The City hereby confirms that it did, as above stated, grant variances from its applicable ordinances whereby the floor area ratios, lot coverage, and setbacks for the Improvements shall be as designated in the Variance Grant, subject, however, to the following terms and conditions of this Agreement. 2. Each of the aforesaid eight Lots, and each of the separate buildings thereon, shall be released and discharged from the terms and conditions hereof upon issuance from the City of a recordable Certificate of Occupancy for the whole of the separate buildincT. Those Lots and Buildings for which no such Certificate of Occupancy has been issued (the "Remaining Subject Lots ") shall continue to be bound to the terms and conditions hereof. 3. The variances granted by the City are conditioned on the following requirements: A. That all Improvements shall be built and completed by owner, its successors or assigns, in accord with said Plans and Specifications. -3- B. If any Building is not constructed in accord with the Plans and Specifications, and if said Certificate of Occupancy has not then been issued for such Building, then the City Manager and the City Planner may give written notice of such fact to Owner and to mortgagees of record holding a first lien ( "Mortgagee ") upon the lot upon which the Building is situated. Owner, within thirty (30) days after such notice is given, shall give written notice to City as to whether or not it will renovate or reconstruct such exterior design and architecture of the Building to bring it into conformity with said Plans and specifications. C. Owner shall commence such renovation or ` construction within ninety (90) days after said notice is given by the City Manager and the City Planner, unless within said 90 -day period, Owner elects to submit a new or revised plan for exterior architecture and design, in which case renovation or reconstruction shall commence within ninety (90) days after approval or rejection by the City of the proposed new or revised plan. If the proposed new or revised plan is rejected by City, renovation or reconstruction shall be completed pursuant to Plans and Specifications. The ninety ( 90 ) day period of co- nrnencement of construction above provided shall be subject IM to extension by reason of delays due to weather, labor disputes, material shortages or unavailability of materials, unavoidable casualty, acts of God, or other causes beyond the reasonable control of Owner, in which case the ninety (90) day period shall be extended by a period of time equal to any such delays; provided, that no extension shall be given for any such delay unless written notice of such delay is given to the City within ten (10) days after the commencement of the delay. Once commenced, the construction shall be completed with all due diligence as soon as possible thereafter. The City shall be the sole judge of whether Owner is using due diligence in completing such construction. 4. In the event that Owner fails or refuses to comply with all of the obligations of Owner under this Agreement, the City shall send Owner and mortgagee written notice of Owner's failure or refusal. If such failure or refusal continues for a period of thirty (30) days after notice thereof is given to Owner and mortgagee, mortgagee may, but shall not be obligated to, perform Owner's obligations hereunder. The City agrees to accept such performance by mortgagee as performance by Owner, provided that mortgagee complies with the following requirements: A. Mortgagee shall (i) either begin renovation or construction which Owner was to have undertaken pursuant hereto, or begin efforts to acquire possession of the pertinent Lot or Lots by cc=encing a court action or a mortgage fcreclos•_re by _fvertisement within ninety (90) days of the date mortgagee received such notice; and (ii) if mortgagee decides to accu,ire possession of the pertinent Lot or lots, cc:nmence renovation or construction by the earlier of the following dates: (1) the date which is sixty (60) days after the date when mortgagee acquire=_ possession of the pertinent lo=w r " cr hi o �o � .._ ( 2 ) �.... date w c:, is eighteen (16) months after the date when mortgagee received notice from the City of Owner's failure or refusal. B. Once begun, mortgagee shall complete renovation or construction with all due diligence. The City shall be the sole judge of whether mortgagee is using due diligence in completing such renovation or corstruc- tion. The City ag ~ees not to exercise any of the remedies available to it for Owner's failure or refusal unless and until mortgagee fails to comply with all of the requirements for mortgagee's undertaking in this Paragraph 4. 5. 15 Owner fails to commences any cons trticti on pursuant to Subparagraph 3C hereof, and if mortgagee satisfies the requirement of Subparagraph 4y(i) hereof, then the City agrees to permit mortgagee to submi_ a new exterior architectural design pursuant to Subparagraph 3C for review and approval by the City, and if approved by the City, the renovation or construction may take place pursuant to such new or revised plans; provided, however, that the submission of such plan or plans shall in no event postpone the date by which mortgagee shall commence renovation or construction pursuant to Subparagraph 4A(ii) hereof. 6. If Owner fails or refuses to comply with all of the obligations and requirements of Owner in Paragraphs 3 and 4 hereof, and if mortgagee fails to comply with all of the requirements set forth in Paragraph 4 hereof for mortgagee's undertaking, then in addition to any other remedies available to the City at law or in equity, the City shall have the right to: A.' Revoke as to the Remaining Subject Lots any of the variances described in this Agreement, in whicr case Owner shall =- immediately renovate or reconstruct Remaining Subject Lots and the Improvements thereon, in full compliance with the Plans and Specifications and then applicable ordinances, and without variance (except those variances not revoked by the City); B. Enter upon the Remaining Subject Lots with such men, equipment. and materials as the City deems necessary for the purposes of performing the obligations of owner hereunder which owner and mortgagee have failed or refused to perform, or, at the City's discretion, of constructing all or anv of the Improvements upon the Remaining Subject Lots in full compliance with the -7- Plans and Specifications and then applicable ordinances and without, variance (except those variances not revoked by City), whether or not then required hereunder to be constructed, without liability or obligation of any kind to any owner or occupant of any of the Remaining Subject Lots for trespass or damage to the Property, the Improvements, or other property or improvements thereon; C. Obtain enforcement of this Agreement as to the Remaining Subject Lots against Owner by court order for mandatory injunction or other appropriate relief; and D.' Withhold and deny, as to the Remaining Subject Lots any building permits, certificates of occupancy, utility -- connection permits and any other permits and approvals then or thereafter to be granted, issued or given by the City, for the construction or occupancy of the Remaining Subject Lots, until such failure or refusal ends and the obligations of Owner are fully complied with. All of the foregoing remedies shall be usable and enforceable by the City separately or concurrently as the City shall determine, and the use of one remedy shall not waive or preclude the use of one or more of the remedies. Also, the failure to exercise, or delay in exercising, any remedy hereunder in the event of a failure or refusal by Owner shall not preclude the City from thereafter exercising any of its remedies for the same or a Mem subsequent failure or refusal. owner agrees to pay to the City any and all costs and expenses incurred by City in enforcing this Agreement by use of the remedies set out above or by other remedy or means available to City at law or in equity, including attorneys' fees, whether suit be brought or not, and with interest on all such costs and expenses at the highest rate then allowed by law, or, if no maximum rate is applicable, then at the rate of interest from time to time publicly announced by First National Bank of Minneapolis as its prime rate plus two percent (2 %), per annum from the dates incurred by City until paid, and owner also agrees to pay all costs of collection of such costs and expenses, with interest thereon, again including attorneys' fees and whether suit be brought or not, with interest at the highest rate then allowed by law, or, if no maximum rate is applicable, then at the rate of interest from time to time publicly announced by First National Bank of Minneapolis as its prime rate plus two percent (2 %), per annum on such costs of collection from the dates incurred until paid. 7. If any term, condition, or provision of this Agreement., or the application thereof to any person or circumstance, shall, to any extent, be held to be invalid or unenforceable, the remainder hereof and the application of such term, provision, and condition to persons or circumstances other thart those as to whom it shall be held invalid or not enforceable shall not be affected thereby, . and this Agreement, and all the terms, provisions, and conditions hereof, shall, in all other respects, continue to be et_ecti ve and to be co-nplied with to the tu' 1 extent permitted by law. -9- 8. All notices, reports, or demands required or permitted to be given under this Agreement shall be in writing and shall be deemed to be given when delivered personally to any officer of the party to which notice is being given, or when deposited in the United States mail in a sealed envelope, with registered or certified mail, postage prepaid thereon, addressed to the parties at the following addresses: To City: City of Edina 4801 West 50th Street Edina, Minnesota 55424 Attention: City Manager To Owner: Ryan Construction Company of Minnesota, Inc. One Corporate Center 7401 Metro Boulevard, Suite 500 Edina, Minnesota 55435 To first lien mortgagees of record: To their address shown of record, to their Minnesota - address, or to the address given to the City, as selected by the City. The address of City and Owner may be changed by either party upon notice to the other party given as herein provided. 9. The terms and provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, and shall run with the title to the Lots but shall be binding upon the owners from time to time of the Lots only during the period of their ownership. References herein to Owner shall mean and include all parties designated herein as Owner and their liability hereunder shall be joint and several, and if there be at any future time more than one owner of the Lot or Lots, all of such then owners, while they are such owners, shall be jointly and severally liable for all obligations under this Agreement. -10- a ` IN WITNESS WHEREOF, the parties hereto have caused this instrument to be duly executed the day and year first above written. n r�. 6s ': STATE OF MINNESOTA) ) SS. COUNTY OF HENNEPIN) RYAN C _ TRUCTION COMPANY OF MI ESO A, INC. By Its Presiden CITY OF EDINA WA Ar. The foregoing instrument was acknowledged before me this day of ,,,Q, -� 1981, by James R. Ryan, the President of RYAN CONSTRUCTION COMP ANY OF MINNESOTA, INC., a Minnesota corporation, on behalf of the corporation. STATE OF MINNESOTA) ) SS. COUNTY OF HENNEPIN) Notary Public J"OLIN, tiVtTWOEl.TER ♦`j MIUNISOTA NENNCFjA COUNty ++ Mf C"FANIre" •At;l►is id A, 18, 198$ S The foregoing instrument was acknowledged before me this �`�day of C,E herg 1981, by 61%wje %awY� and 71ir�if y. Zs(q-� _ , Mayor and Manager, respectively __c3f the CITY OF EDINA, a Minnesota municipal corporation, on behalf of the city. T'_^.is Instrument Was Drafted Dorsev, Windhorst, Whitney Hannaford & Halladay by -880 First National Bank St. Paul, Minnesota 55101 oy V 67ub I A � By: CRNG L. LA 1E—N BIB ° „�9 + 2.. 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