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HomeMy WebLinkAbout2021-041 Council ResolutionCITY OF LINO LAKES RESOLUTION NO.21-41 RESOLUTION APPROVING DEVELOPMENT AGREEMENT FOR OTTER CROSSING WHEREAS, the City Council approved the final plat for Otter Crossing with Resolution No. 21- 40 on May 10, 2021; 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 BLino, LLC and the City of Lino Lakes for Otter Crossing 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 1 Oth day of May, 2021. The motion for the adoption of the foregoing resolution was introduced by Councilmember Lyden and was duly seconded by Councilmember Ruhland and upon vote being taken thereon, the following voted in favor thereof: Lyden, Ruhland, Stoesz, Cavegn, Rafferty The following voted against same: None oj� 0 r % I Z�A Rob Rafferty, Mayor ATTEST: Ju ' e Bartell, Ci Clerk