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CITY OF LAKE EL MO <br />'t ASI INGTON COUNTY <br />STATE OF MINNES iTA <br />RESOLUTION UTIt N NO.2017- i ;t <br />A RESOL UTIONAPPROVING A DEVE OPMETA GREEilI 'NT FOR HIDDEN MEADOKrS A TLA KE <br />WHEREAS, the City of Lake Elmo is a municipal corporation organized and existing under the <br />laws of the; State of Minnesota; and <br />WHEREAS, RM Investments, LLC and lul is RE, LLC 13925 F enway Blvd N, Hugo, MN <br />55042 ("Developer") has previously submitted an application to the City of Lake Elmo ("City") for Final <br />Plat to be called Hidden Meadows at Labe Elmo 2" d Addition, a copy of which is can file in the City <br />Planinng department; and <br />WHEREAS, the Lake Elmo City Council adopted Resolution 2006-038 approving the Open <br />Space Preservation Development Stage Plan, Preliminary Plat and CUP of Hidden Meadows of Lake <br />Elmo on April 18, 200 and <br />WHEREAS, the Lake Elmo City Council adapted Resolution 2017-073; approving The Hidden <br />Meadows at Lake Elmo 2"`1 Addition Final Plat on July 5, 2 17; and <br />WHEREAS, a condition of approval of said Resolution 2017- 73 establishes that prier to <br />execution of the Final fiat by City officials, the Applicant shall enter into a Development Agreement with. <br />the City; and. <br />WHEREAS, the Developer and the City have agreed to eater into such a contract and a copy of <br />the Development Agreement was submitted to the City Council for consideration at its December 5, 2017 <br />meeting-, <br />NOW, THEREFORE, BE IT RESOLVE D THAT the City Council sloes hereby approve the <br />Development Agreement for The Hidden Meadows of Lake Elmo 2" " Addition and authorizes the mayor <br />and city Clerk to execute the document. <br />Passed and duly adopted this 5`11 day of December, ber, 2017 by the City Council of the City of Fake Flinn, <br />Minnesota: <br />"Mike Pears , Mayor <br />Resolution 017 <br />