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HomeMy WebLinkAbout2021-046 Council Resolution CITY OF LINO LAKES RESOLUTION NO.21-46 RESOLUTION APPROVING DEVELOPMENT AGREEMENT FOR NADEAU ACRES 2"ADDITION WHEREAS,the City Council approved the Final Plat for Nadeau Acres 2nd Addition with Resolution No. 21-45 on June 14,2021; and WHEREAS,the City's subdivision ordinance and conditions of approval require tit- 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 Li, o Lakes hereby approves the Development Agreement between BL Holdings, LLC and the 1 ity of Lino Lakes for Nadeau Acres 2nd Addition and authorizes the Mayor and City Clerk to e iecute such agreement on behalf of the City. Adopted by the Council of the City of Lino Lakes this 14th day of June, 2021. The motion for the adoption of the foregoing resolution was introduced by Council ember Cavegn and was duly seconded by Councilmember Ruhland and upon vote being ta en thereon. the following voted in favor thereof: Cavegn. Ruhland, Stoesz, Rafferty The following voted against same: Lyden 12-4.11- - Rob Rafferty, Mayor AT l'EST: e Bartell. C Cler