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• <br />• <br />CITY OF LINO LAKES <br />RESOLUTION NO. 20-84 <br />RESOLUTION APPROVING DEVELOPMENT AGREEMENT <br />FOR NADEAU ACRES <br />WHEREAS, the City Council approved the Final Plat for Nadeau Acres with Resolution No. 20- <br />83 on August 10, 2020; 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 BL Holdings, LLC and the City of Lino <br />Lakes for Nadeau Acres and authorizes the Mayor and City Clerk to execute such agreement on <br />behalf of the City. <br />Adopted by the Council of the City of Lino Lakes this 10th day of August, 2020. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />"Rt,. k.l a.s 1 and was duly seconded by Council Member S-Fe asZ and upon <br />vote being taken thereon, the following voted in favor thereof: <br />T?uk.La..14, 5-1-uesi., e.aart , -R4, -4+ 1 <br />The following voted against same: <br />ATTEST: <br />a e Bartell, ity erk <br />/ ' "t‘: <br />ffe y, Mayor <br />