HomeMy WebLinkAboutResolution 24-139CITY OF LINO LAKES
RESOLUTION NO. 24-139
APPROVING 11T AMENDMENT TO PURCHASE AGREEMENT WITH JAVA
COMPANIES
WHEREAS, on September 11, 2023, the City Council approved Ordinance No. 09-23
approving the sale of Lot 12 and Lot 13 Carole Estates 2,d Addition and Part of Lot 4, Auditor's
Subdivision No. 134; and
WHEREAS, the purchase agreement provided for a closing date within 180 days of the
execution of the agreement with a provision to extend the agreement up to four times by sixty
days each; and
WHEREAS, Java has made continued progress on site development and submitted a land
use application for municipal Rezoning, Preliminary Plat, Conditional Use Permit, and Site and
Building Plan approvals; and
WHEREAS, additional time is necessary to complete the approval process prior to closing
and the developer has requested agreement on the timeline for public roadway improvements.
NOW, THEREFORE, BE IT RESOLVED by the City Council of Lino Lakes, Minnesota that the
15t Amendment to the Purchase Agreement with Java Companies, is hereby approved and the
Mayor and City Clerk are hereby authorized to execute the agreement on behalf of the City.
Adopted by the City Council of the City of Lino Lakes this 141h day of October 2024.
R R fferty, Mayor
ATTEST:
7
Roberta Colotti, CIVIC, City Clerk