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• <br />Council Member. Carlson introduced the following resolution and moved <br />its adoption: <br />CITY OF LINO LAKES <br />COUNTY OF ANOKA <br />RESOLUTION NO. 07 -11 <br />APPROVING A PRELIMINARY DEVELOPMENT AGREEMENT WITH <br />ANDERSON BUILDERS <br />WHEREAS, the City of Lino Lakes (the "City ") currently owns certain property <br />which is described and depicted on Exhibit A hereto (the "Property "); and <br />WHEREAS, the City desires to promote development of the Property; and <br />WHEREAS, Anderson Builders (the "Developer ") has proposed a commercial <br />use (the "Project ") to be developed and constructed on the Property and has <br />requested an exclusive preliminary development agreement with the City for a <br />period of six months; and <br />WHEREAS, if undertaken and completed, the Project would help meet the City's <br />goal of increasing the local commercial tax base, providing increased <br />employment and service in the City and meeting the physical development goals <br />of the City. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF LINO LAKES, MINNESOTA: <br />The City of Lino Lakes hereby approves the Preliminary Development Agreement <br />with Anderson Builders. The Mayor and City Administrator are hereby authorized <br />to execute on behalf of the City the Preliminary Development Agreement, and to <br />carry out, on behalf of the City its obligations thereunder. <br />Adopted by the Council of the City of Lino Lakes this 2 day of January, 2007. <br />a�uTan e Bartell, C. C er <br />l <br />Adopted by the Lino Lakes City Council this 2Z day of <br />n Be es s Mayor <br />, 2007. <br />