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901111"U"M <br />KI In I NL#l=l <br />RESOLUTION NO. 2018-01 <br />A RESOLUTIONAPPROVINGA DEVELOPMENT AmyEMENTFOR TTIELEGACYAT <br />NORTI-ISTAR ISTADD-ITIONPLAKNEUNITDEVELOPMENT <br />WHEREAS, the City of Lake Elmo is a municipal corporation organized and existhig under the <br />laws of the State of Minnesota; and <br />WHEREAS, GWSA Land Development, LLC, 10850 Old County Road 15, Ste 200, Plymouth, <br />MN 55441 ("Developer") has previously submitted an application to the It of Lake Elmo ("City") for <br />Final Plat and Planned Unit Development (PUD) Plans to be called Legacy at North Star I" Addition, a <br />copy of which is on file in the City Plarming Department, and <br />WHE REAS, the Lake Elmo City Council approved the Legacy at North Star PUD Concept Plan <br />on June 6, 2017; and <br />WHEREAS, the Lake Elmo City Council adopted Resolution 2018-013 approving the Legacy at <br />North Star Preliminary Plat and PUD Plans on February 20, 2018; and <br />WHEREAS, the Lake Elmo City Council adopted Resolution 2018-090 approving the Legacy at <br />North Star I" Addition Final Plat and PUD Plans on August 21, 2018, and <br />WHEREAS, a condition of approval of said Resolution 2018-090 establishes that prior to <br />execution of the Final Plat 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 enter into such a contract and a copy of <br />the Development Agreement was submitted to the City Council for consideration at its August 21, 2018 <br />meeting; <br />NOW, THEREFORE, BE IT RESOLVED THAT the City Council does hereby approve the <br />Development Agreement for Legacy at North Star I" Addition and authorizes the mayor and city Clerk to <br />execute the document. <br />Passed and duly adopted this 2111 day of August, 2018 by the City Council of the City of Lake Elmo, <br />Minnesota. <br />ike Pearson, Mayor <br />