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CITY OF LINO LAKES <br />RESOLUTION NO. 24-116 <br />RESOLUTION APPROVING WATERMARK 8" ADDITION DEVELOPMENT <br />AGREEMENT AND PLANNED UNIT DEVELOPMENT AGREEMENT <br />WHEREAS, on September 9, 2024 the City Council passed Resolution No. 24-115 approving <br />Watermark 81" Addition PUD Final Plan/Final Plat; and <br />WHEREAS, the City's subdivision ordinance and conditions of approval require the execution of <br />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, Minnesota <br />approves the Development Agreement and Planned Unit Development Agreement between <br />U.S. Home, LLC and the City of Lino Lakes for Watermark 81" Addition and authorizes the Mayor <br />and City Clerk to execute such agreement on behalf of the City <br />Adopted by the City Council of the City of Lino Lakes this 9th day of September 2024. <br />i It <br />Rob af# rty, Mayor <br />ATTEST: <br />Roberta Colotti, CIVIC, City Clerk <br />