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CITY OF LINO LAKES <br />RESOLUTION NO. 19-138 <br />RESOLUTION APPROVING DEVELOPMENT AGREEMENT <br />FOR WATERMARK 2ND ADDITION <br />WHEREAS, the City Council approved the PUD Final Plan/Final Plat for Watermark 2nd <br />Addition with Resolution No. 19-138 on October 28, 2019; and <br />WHEREAS, the City's subdivision ordinance and conditions of approval require the execution <br />of a development agreement between the Developer and the City of Lino Lakes. <br />NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes <br />hereby approves the Development Agreement between US Home Corporation and the City of <br />Lino Lakes for Watermark 2nd Addition and authorizes the Mayor and City Clerk to execute such <br />agreement on behalf of the City. <br />Adopted by the Council of the City of Lino Lakes this 28th day of October, 2019. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />Stoesz and was duly seconded by Council Member Rafferty and upon <br />vote being taken thereon, the following voted in favor thereof: <br />Stoesz, Rafferty, Maher, Reinert <br />The following voted against same: <br />none (Absent - Manthey)' <br />Jeff Reinert,ayor <br />ATTEST: <br />s �.. <br />u ii.nne Bartell, Ciry Cler <br />