06-22-2020 Council Packet - Laserfiche WebLink

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DEVELOPMENT AGREEMENT GRADING ONLY Nadeau Acres THIS AGREEMENT is made this _____ day of ____________, 2020, by and between the City of Lino Lakes, a Minnesota municipal corporation, and BL Holdings, LLC., (“Developer”). 1. Subdivision. Developer received preliminary plat approval from the City by Resolution No. 20-20 for a plat known as Nadeau Acres (“Subdivision”) as legally described in Exhibit A attached hereto. Unless otherwise stated, all terms and conditions of this Agreement relate to work within the Subdivision. 2. Legal Description of Property. The Legal Description is attached hereto as Exhibit A. 3. Grading Approval. The City grants approval to commence with site grading, wetland mitigation and installation of stormwater management facilities, as provided for in City Code Section 1001.145, contingent upon execution and delivery of this agreement and all required petitions, bonds, security and documents specified herein. 4. Phased Development. The City may refuse to approve final plats of subsequent additions of the plat if the Developer has breached this Agreement and the breach has not been remedied. Development of subsequent phases may not proceed until Development Agreements for such phases are approved by the City. 5. Developer Plans. a. The Subdivision shall be graded in accordance with the following Developer Plans, original copies of which are on file with the City Engineer. The Developer Plans may be prepared and revised after entering into this Agreement but must be approved by the City before commencement of any work. If the plans vary from the written terms of this Agreement, this Agreement shall control. b. The Developer Plans as of the date of this Agreement are: i. Nadeau Acres plan set containing 6 sheets, prepared by Carlson McCain Inc., dated June 3, 2020. 6. Permits. The Developer shall be responsible for securing all site grading and development approvals and permits from all appropriate Federal, State, Regional and Local jurisdictions prior to the commencement of site grading or construction and prior to the City awarding construction contracts for public improvements.