HomeMy WebLinkAbout2018-051 Council ResolutionCITY OF LINO LAKES
RESOLUTION NO. 18-51
APPROVING PUBLIC IMPROVEMENT SURETY AGREEMENT
NORTHPOINTE 7TH ADDITION
WHEREAS, the City Council passed Resolution No. 18-50 on May 14, 2018 approving the
Development Agreement and Planned Unit Development Agreement (PUD Agreement) for
NorthPointe 7th Addition; and
WHEREAS, the PUD Agreement requires financial security of Developer Improvements; and
WHEREAS, the Developer is providing the financial security for Developer Improvements
with a Public Improvement Surety Agreement.
NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes
hereby approves the Public Improvement Surety Agreement for NorthPointe 7th Addition.
Adopted by the Council of the City of Lino Lakes this 14th day of May, 2018.
The motion for the adoption of the foregoing resolution was introduced by Council Member
Stoesz and was duly seconded by Council Member Manthey and upon
vote being taken thereon, the following voted in favor thereof:
Stoesz, Manthey, Rafferty, Maher, Reinert
The following voted against same:
none
Jeff Reinert, a r
ATTEST:
'TrilLnne Bartell, Ci y Cler