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CITY OF LINO LAKES <br /> RESOLUTION NO.21-46 <br /> RESOLUTION APPROVING DEVELOPMENT AGREEMENT <br /> FOR NADEAU ACRES 2"ADDITION <br /> WHEREAS,the City Council approved the Final Plat for Nadeau Acres 2nd Addition with <br /> Resolution No. 21-45 on June 14,2021; and <br /> WHEREAS,the City's subdivision ordinance and conditions of approval require tit- 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 Li, o Lakes <br /> hereby approves the Development Agreement between BL Holdings, LLC and the 1 ity of Lino <br /> Lakes for Nadeau Acres 2nd Addition and authorizes the Mayor and City Clerk to e iecute such <br /> agreement on behalf of the City. <br /> Adopted by the Council of the City of Lino Lakes this 14th day of June, 2021. <br /> The motion for the adoption of the foregoing resolution was introduced by Council ember <br /> Cavegn and was duly seconded by Councilmember Ruhland and upon vote being ta en <br /> thereon. the following voted in favor thereof: Cavegn. Ruhland, Stoesz, Rafferty <br /> The following voted against same: Lyden <br /> 12-4.11- - <br /> Rob Rafferty, Mayor <br /> AT l'EST: <br /> e Bartell. C Cler <br />