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CITY OF LINO LAKES <br />RESOLUTION NO. 20-31 <br /> <br />RESOLUTION APPROVING DEVELOPMENT AGREEMENT <br />FOR WATERMARK 3RD ADDITION <br /> <br /> <br />WHEREAS, the City Council approved the PUD Final Plan/Final Plat for Watermark 3rd <br />Addition with Resolution No. 20-30 on May 11 , 2020; and <br /> <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 /> <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 3rd Addition and authorizes the Mayor and City Clerk to execute such <br />agreement on behalf of the City. <br /> <br />Adopted by the Council of the City of Lino Lakes this 11th day of May, 2020. <br /> <br /> <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />_______________and was duly seconded by Council Member ________________ and upon <br />vote being taken thereon, the following voted in favor thereof: <br /> <br />The following voted against same: <br /> <br /> <br /> <br /> <br />_______________________________ <br />Rob Rafferty, Mayor <br /> <br />ATTEST: <br /> <br />________________________ <br />Julianne Bartell, City Clerk <br /> <br />