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4111 Council MembeFaf f ert17 introduced the following resolution and moved its adoption: • CITY OF LINO LAKES RESOLUTION NO. 10-34 APPROVING AN EXTENSION OF TIME FOR THE PLANNED UNIT DEVELOPMENT FINAL PLAN AND FINAL PLAT FOR THE PRESERVE WHEREAS, on September 11 and August 28, 2006 the City Council granted approvals for the The Preserve project with the following actions: - Ordinance 08 -06: Rezone to Planned Unit Development (PUD) - Resolution 06 -137: Development Stage Plan/Preliminary Plat and WHERAS, Section 2, Subd. 10.F.8.g. of the City's Zoning Ordinance, requires that a PUD -final plan be submitted within one year of approval of the PUD- development stage plan but allows an extension for six month intervals, and the extension can be approved after the deadline date passes; and WHERAS, Section 1001.055 of City Code (Subdivision Regulations) requires a final plat be submitted within one year of approval of the preliminary plat unless an extension is requested and for good cause is granted by the City Council; and WHEREAS, the City granted extensions with Resolutions 08 -109 and 09 -77; and WHEREAS, a request has been submitted to the City for additional extension; and WHEREAS, the City Council finds that there is good cause to grant an extension because the economic conditions of the real estate market have affected development nationally, regionally, and locally; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Lino Lakes hereby approves an extension for submittal of the PUD -final plan/final plat application for the Planned Unit Development originally approved with Resolution No. 06 -137. BE IT FURTHER RESOLVED, that the following conditions apply: 1. The PUD -final plan/final plat application must be submitted by October 1, 2010. 2. All of the conditions of approval in s ed in Res . on No. 06 -137 continue to apply. Jeff Reinert