Recorded Special Assessment Agreement park dedication Roers Harlow001Document Number: A78L245
Filed and/or Recorded on
lan 2, 2025 10:34 AM
Office of the County Recorder/Registrar of Titles
Carver County, Minnesota
Kaaren Lewis, County Recorder
Deputy RPJNV
Document Recording Fees $ 46.00
Documentlotal S 45.00
Requesting Party: Guaranty Commercial lltle Inc
Pages: 4
This cover page has been added to this document by Carver County Land Records
and is now an official part of this recordd document
SPECIAL ASSESSMENT AGREEMENT
AGREEMENT made ,hir224^y "r ,f^rfu ,2024,byand between the
CITY OF CHANHASSEN, u Minn.-rotu .uni.iput "o.p*** 1City".1 and itoers Chanhassen
Harlow Aparhnents Owner LLC, a Delaware limited liability company (the "Property Owner").
RECITALS
A. Property Owner is the fee owner of certain property in the City of Chanhassen
Carver County, Minnesota, legally described as:
Lot l, Block 2, Chanhassen Market Street Additioz. (the "Subject Property")
Street address and parcel number to be assigned at a later date.
B. Property Owner has requested that the City specially assess park dedication fees of
$479,669.20 against the Subject Properry.
NOW, THEREFORE, IN CONSIDERATION OF THEIR MUTUAL COVENANTS
THE PARTIES AGREE AS FOLLOWS:
l. SPECIAL ASSESSMENT. The City hereby assesses the cost of park dedication
fees totaling $479,669.20 against the Subject Property. The assessment shall be spread over two (2)
years, together with six and one half percent (6.50%) interest per year on the unpaid balance.
Interest shall accrue from the date ofthe approval of this Agreement by the City Council. The first
installment shall be due and payable with taxes in 2025. The Property Owner waives any and all
procedural and substantive objections to the special assessment, including but not limited to hearing
requirements and any claim that the assessment exceeds the benefit to the Subject Property. The
Property Owner waives any appeal rights otherwise available pursuant to Minn. Stat. $ 429.081. If
the special assessment is not timely paid or is set aside for any reason, then. instead of paying the
special assessment, the Property Owner shall pay the City on demand an amount equivalent to the
unpaid special assessment together with any tegat fees the City may incur.
2. BINDING EFFECT; RECORDING. This Agreement shall be binding upon the
Property Owner and the Property Owner's suocessors, heirs and assigns. This Agreement may be
Return to:
Guaranty Commercial Tille, lnc
465 Nicotlot Ma , Suito 2OO
Minnsapolis, MN 55401
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CITY OF (]HANHASSEN
B\':D* IAra
Eiise nyan. uSr
AND
Lauric Hokkanen. City Manager
STA TE OF MINNESOTA
COLINTY OF CARVER
^ The foregoing rnstrument was acknowledged before me tris I 3 auy of
Uele n^\oz ,2o24.by Elise Ryan and by Laurie Hokkanen, respectively the Mayor and City
Manager of the City of Chanhassen, a Minnesota corporation, on behalf of the corporation and
pursuant to the authority granted by its City Council.
A^'4r,/acL"no-n
AMY K. WEID MAN NOT UBLIC
Notary Publlc-Minnesota
J5n 31,2027
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(SEAI,)
PROPERTYOWNER:
Roers Aparnnents Owner LLC
By:
Tom Cronin, Authorized Signatory
STATE OF MINNESOTA
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( ss.
)COUNTY OF
The foregoing instrument was acknowledged before me th;. fl [B ary of l)rcem,UNy ,
2024, by Tom Cronin, Authorized Signatory of Roers Chanhassen Harlow Apartrnents Owner LLC,
a Delaware limited liability company, on behalf of the , the Property Owner.
N C
DRA.FTED BY:
CAN{PBELL I(NLTTSoN
P rofess ional As s o ciation
3 l7 Eagandale Ofiice Center
1380 Corporate Center Cuwe
Eagan, MirDesota 55121
Telephone: (612) 452-5000
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