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HomeMy WebLinkAbout2020-084 Council Resolution• • CITY OF LINO LAKES RESOLUTION NO. 20-84 RESOLUTION APPROVING DEVELOPMENT AGREEMENT FOR NADEAU ACRES WHEREAS, the City Council approved the Final Plat for Nadeau Acres with Resolution No. 20- 83 on August 10, 2020; and WHEREAS, the City's subdivision ordinance and conditions of approval require the execution of a development agreement between the Developer and the City of Lino Lakes. NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes hereby approves the Development Agreement between BL Holdings, LLC and the City of Lino Lakes for Nadeau Acres and authorizes the Mayor and City Clerk to execute such agreement on behalf of the City. Adopted by the Council of the City of Lino Lakes this 10th day of August, 2020. The motion for the adoption of the foregoing resolution was introduced by Council Member "Rt,. k.l a.s 1 and was duly seconded by Council Member S-Fe asZ and upon vote being taken thereon, the following voted in favor thereof: T?uk.La..14, 5-1-uesi., e.aart , -R4, -4+ 1 The following voted against same: ATTEST: a e Bartell, ity erk / ' "t‘: ffe y, Mayor