04-26-2021 Council Packet - Laserfiche WebLink

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AMENDMENT #1 TO PLANNED UNIT DEVELOPMENT AGREEMENT FOR CENTURY FARM NORTH 7TH ADDITION THIS AMENDMENT is entered into on ________ day of ____________, 2021, by the City of Lino Lakes (“City”), and Century Farm North Development, Inc., a Minnesota corporation (“Developer”), Parties to the Planned Unit Development Agreement Century Farm North 7th Addition executed on June 7, 2018 which is attached as Exhibit A. WHEREAS, the Planned Unit Development Agreement for Century Farm North 7th Addition (“Agreement”) approved on May 14, 2018 with Resolution No. 17-99 and recorded on June 7, 2018 as Document No. 2201113.001 is hereby amended as follows (deletions are strike-through; additions are underlined): 16. Developer Fees. At the time of execution of this Agreement, the Developer shall pay the following fees related to the development of the Subdivision (See Exhibit C for breakdown of costs): a. Park Dedication – Fee of $10,000. i. The original PUD Development Stage Plan/Preliminary Plat required sidewalks along the west and east lot lines of the subject outlot. These sidewalks are no longer required. The park dedication fee is equal to the cost of sidewalk that is being removed and will be used to construct pedestrian/bicycle facilities within the development. ii. After the June 7, 2018 execution of the Agreement, the Century Farm North Robinson Addition Association stated they did want the east sidewalk installed. The developer shall install the sidewalk, landscaping and related appurtenances in accordance with the Century Farm North PUD/Preliminary Plat Amendment 7th Addition plan set containing 8 sheets prepared by Plowe Engineering, Inc. dated January 15, 2021. iii. The Developer shall be reimbursed the $10,000 park dedication fee after completion, inspection and City approval of the project. iv. The Century Farm North Robinson Addition Association shall be responsible for maintenance of the sidewalk and landscaping. NOW, THEREFORE, BE IT RESOLVED the Planned Unit Development Agreement for Century Farm North 7th Addition is hereby amended to require the sidewalk installation and park dedication fees reimbursement to Developer in the amount of $10,000.00.