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• <br />• <br />CITY COUNCIL <br />AGENDA ITEM 6A <br />STAFF ORIGINATOR: Jason Wedel, City Engineer <br />MEETING DATE: June 10, 2013 <br />TOPIC: Consider Resolution No. 13 -55, Approving Development <br />Agreement for The Village No. 5 (Lino Lakes Assisted Living) <br />VOTE REQUIRED: 3/5 <br />INTRODUCTION <br />Staff is requesting City Council consideration of the Development Agreement for The Village <br />No. 5. <br />BACKGROUND <br />The City Council approved the Final Plat for The Village No. 5 on May 13, 2013 with <br />Resolution No. 13 -54 subject to the condition that a Development Agreement is executed by and <br />between the developer and City. The Development Agreement has now been prepared which <br />provides for the submittal of fees and securities to cover City review costs and ensure completion <br />of the public and private improvements in accordance with the approved plans. <br />RECOMMENDATION <br />Staff is recommending approval of Resolution No. 13 -55. <br />ATTACHMENTS <br />1. Resolution No. 13 -55 <br />2. Development Agreement <br />