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AGENDA ITEM 7 B <br />STAFF ORIGINATOR: Michael Grochala <br />C.C. MEETING DATE: March 25, 2002 <br />TOPIC: Resolution No. 02 -22 <br />Lino Lakes Market Place 2nd Addition Final Plat <br />BACKGROUND <br />The City Council approved the Lino Lakes Market Place 2nd Addition preliminary <br />plat on March 11, 2002. The Developer has submitted a final plat for approval. <br />The plat conforms to the approved preliminary plat. The development agreement <br />for the original Market Place plat covers the proposed 2nd Addition and all <br />required securities have been submitted. <br />Title information is being submitted to the City Attorney for his review. His <br />comments will be available at the March 25 council meeting. The plat does <br />contain property currently owned by the City. The closing on the property is <br />scheduled for March 29, 2002. Approval of the final plat should be conditioned <br />upon the purchase of the City property by Ryan Companies U.S., Inc., prior to its <br />recording. <br />OPTIONS <br />1. Approve Resolution 02 -22 approving the final plat of Lino Lakes Market Place <br />2"d Addition. <br />2. Return to staff with direction. <br />RECOMMENDATION <br />Option 1. <br />ATTACHMENTS <br />1. Resolution No. 02 -22 <br />2. Final Plat <br />• <br />