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CITY OF LINO LAKES <br />RESOLUTION NO. 17-36 <br />APPROVING PUBLIC IMPROVEMENT SURETY AGREEMENT <br />NORTHPOINTE 5TH ADDITION <br />WHEREAS, the City Council adopted Resolution No. 17-35 on April 24, 2017 approving the <br />Development Agreement and Planned Unit Development Agreement (PUD Agreement) for <br />NorthPointe 5th Addition; and <br />WHEREAS, the PUD Agreement requires financial security of Developer Improvements; and <br />WHEREAS, the Developer is providing the financial security for Developer Improvements <br />with a Public Improvement Surety Agreement. <br />NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes <br />hereby approves the Public Improvement Surety Agreement for NorthPointe 5th Addition. <br />Adopted by the Council of the City of Lino Lakes this 24th day of April, 2017. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />Kusterman and was duly seconded by Council Member Rafferty and upon <br />vote being taken thereon, the following voted in favor thereof: <br />Kusterman, Rafferty, Manthey, Reinert <br />The following voted against same: <br />NOne (Absent - Maher) <br />ATTEST: <br />e Bartell, City lerk <br />Jeff Reine , Vayor <br />