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ce+ 29d74 Ceana%✓a <br />515 Little Canada Road, Little Canada, MN 55117 -1600 <br />(612) 484 -2177 / FAX: (612) 484 -4538 <br />MEMO <br />TO: Mayor Hanson and Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: April 5, 1991 <br />RE: Costa Estates Development Agreement <br />MAYOR <br />Raymond G. Hanson <br />COUNCIL <br />Beverly Scalze <br />Bill Blesener <br />Rick Collova <br />Jim LaValle <br />ADMINISTRATOR <br />Joel R. Hanson <br />Attached is a copy of the revised Cosh Estates Development <br />Agreement. The only revisions made since the initial.drft relate to <br />the parties signing as developers, the legal description of the land <br />affected, and a provision regarding the phasing of the development <br />which is listed in paragraph 5. <br />Phasing of the development was the only substantial change. That <br />change now allows the developer to develop either Vanderbie or Costa <br />Lane at his discretion in the future. Previously, we had required <br />that Costa Lane be developed before Vanderbie. However, in reviewing <br />this matter with the City Attorney, the City Engineer and the <br />Planner, we determined that there was no logical reason to do so with <br />the exception of protecting the City from the standpoint of not <br />granting access through unopened public right -of -way to the <br />potentially landlocked parcel which will become Costa Lane. <br />The developers are making their final reviews of this agreement and <br />we hope to have their approval by Wednesday's meeting. Should you <br />have any comments or questions regarding this matter in the meantime, <br />please let me know. <br />JH:bj <br />Page 48 <br />