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r1 CITY OF LINO LAKES <br /> RESOLUTION NO. 22-77 <br /> RESOLUTION APPROVING OTTER CROSSING 2ND ADDITION <br /> DEVELOPMENT AGREEMENT <br /> WHEREAS,the City Council approved the final plat for Otter Crossing 2nd Addition with <br /> Resolution No. 22-76 on August 8, 2022; 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 BLino, LLC and the City of Lino Lakes <br /> for Otter Crossing 2nd Addition and authorizes the Mayor and City Clerk to execute such <br /> agreement on behalf of the City. <br /> Adopted by the City Council of the City of Lino Lakes this 8th day of August, 2022. <br /> The motion for the adoption of the foregoing resolution was introduced by Councilmember <br /> Lyden and was duly seconded by Councilmember Cavegn and upon vote being taken thereon, <br /> the following voted in favor thereof. Lyden, Cavegn, Stoesz,Rafferty <br /> T <br /> he following voted against same:None (Absent-Ruhland) <br /> 0 <br /> Rob afferty,Mayor <br /> ATTEST: <br /> Bartell, City 'lerk <br />