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Resolution 24-139
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Resolution 24-139
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Last modified
10/17/2024 4:30:56 PM
Creation date
10/17/2024 4:14:00 PM
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City Council
Council Document Type
Resolutions
Meeting Date
10/14/2024
Resolution #
24-139
Resolution Title
Approving 1st Amendment to Purchase Agreement with Java Companies
Resolution Summary
Approving 1st Amendment to Purchase Agreement with Java Companies
Resolution Date Passed
10/14/2024
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CITY OF LINO LAKES <br />RESOLUTION NO. 24-139 <br />APPROVING 11T AMENDMENT TO PURCHASE AGREEMENT WITH JAVA <br />COMPANIES <br />WHEREAS, on September 11, 2023, the City Council approved Ordinance No. 09-23 <br />approving the sale of Lot 12 and Lot 13 Carole Estates 2,d Addition and Part of Lot 4, Auditor's <br />Subdivision No. 134; and <br />WHEREAS, the purchase agreement provided for a closing date within 180 days of the <br />execution of the agreement with a provision to extend the agreement up to four times by sixty <br />days each; and <br />WHEREAS, Java has made continued progress on site development and submitted a land <br />use application for municipal Rezoning, Preliminary Plat, Conditional Use Permit, and Site and <br />Building Plan approvals; and <br />WHEREAS, additional time is necessary to complete the approval process prior to closing <br />and the developer has requested agreement on the timeline for public roadway improvements. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of Lino Lakes, Minnesota that the <br />15t Amendment to the Purchase Agreement with Java Companies, is hereby approved and the <br />Mayor and City Clerk are hereby authorized to execute the agreement on behalf of the City. <br />Adopted by the City Council of the City of Lino Lakes this 141h day of October 2024. <br />R R fferty, Mayor <br />ATTEST: <br />7 <br />Roberta Colotti, CIVIC, City Clerk <br />
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