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CITY OF LINO LAKES <br />RESOLUTION NO. 18-51 <br />APPROVING PUBLIC IMPROVEMENT SURETY AGREEMENT <br />NORTHPOINTE 7TH ADDITION <br />WHEREAS, the City Council passed Resolution No. 18-50 on May 14, 2018 approving the <br />Development Agreement and Planned Unit Development Agreement (PUD Agreement) for <br />NorthPointe 7th 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 7th Addition. <br />Adopted by the Council of the City of Lino Lakes this 14th day of May, 2018. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />Stoesz and was duly seconded by Council Member Manthey and upon <br />vote being taken thereon, the following voted in favor thereof: <br />Stoesz, Manthey, Rafferty, Maher, Reinert <br />The following voted against same: <br />none <br />Jeff Reinert, a r <br />ATTEST: <br />'TrilLnne Bartell, Ci y Cler <br />