#09 - Royal Golf 5th Addn DA - Laserfiche WebLink

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4 LA515-119-849077.v5 plat. Such charges will be calculated and imposed when these outlots, if any, are platted into lots and blocks. The Subdivision is the fifth phase of a multi-phased development known as The Royal Golf Club at Lake Elmo (the “Development”). Notwithstanding that the Subdivision is the fifth phase of a multi-phased project, the Developer shall have no obligation for The Royal Golf Club at Lake Elmo 1st Addition (“Royal Golf Phase 1”), The Royal Golf Club at Lake Elmo 2nd Addition (“Royal Golf Phase 2”) and The Royal Golf Club at Lake Elmo 4th Addition (“Royal Golf Phase 4”). The City agrees that Royal Golf Phase 1, Royal Golf Phase 2, and Royal Golf Phase 4 remain the obligation of the original developer, Royal Development, Inc., a Minnesota corporation (the “Original Developer”). The Developer is responsible for The Royal Golf Club at Lake Elmo 3rd Addition (“Royal Golf Phase 3”). The parties anticipate that the Development will include an additional phase (“Royal Golf Phase 6”) to be submitted by the Developer for approval at a later date. 5. PRELIMINARY PLAT STATUS. If the Subdivision is a phase of a multi-phased preliminary plat, the preliminary plat approval for all phases not final platted shall lapse and be void unless final platted into lots and blocks, not outlots, within seven (7) years after preliminary plat approval. 6. CHANGES IN OFFICIAL CONTROLS. For five (5) years from the date of this Agreement, no amendments to the City's Comprehensive Plan or official controls shall apply to or affect the use, development density, lot size, lot layout or dedications of the approved final plat unless required by state or federal law or agreed to in writing by the City and the Developer. Thereafter, notwithstanding anything in this Agreement to the contrary, to the full extent permitted by state law, the City may require compliance with any changes to the City's Comprehensive Plan, official controls, platting, or dedication requirements enacted after the date of this Agreement. 7. DEVELOPMENT PLANS. The Developer agrees to develop the Property in accordance with the City approvals, including the terms and conditions of approval of the final plat