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CITY OF LAKE ELMO WASHING -TON COUNTY STATE OF MINNESOTA 13 DR91 RN 9 [1112201 I I RESOLUTIONAPPROVINGA REVISED FINAL PLAT FOR BRIDGEWATER VILLAGE WHEREAS, the City of Lake Elmo is a municipal corporation organized and existing under the laws of the State of Minnesota; and WHEREAS, the City of Lake Elmo has established a Comprehensive Plan that includes background data, policy statements, standards, and maps that help to guide the future physical, social, and economic development of the City; and WHEREAS, Bridgewater Bancshares, Inc., (the "Applicant) has requested a Final Plat for Bridgewater Village, on property legally described on Exhibit A attached hereto (the "Property'), consisting of approximately 24,13 acres for development of 4 commercial lots; and, WHEREAS, the final plat is for Bridgewater Village, which will include commercial lots plus outlots for future residential development and stormwater management; and WHEREAS, the Lake Elmo City Council reviewed and conditionally approved an initial version of the Final Plat through Resolution 2024-067; and WHEREAS, the Applicant was required to revise outlots B and C to meet City and Watershed requirements for grading and stormwater management; and WHEREAS, the Applicant revised. and resubmitted the Final Plat to the City on July 15, 2024; and WHEREAS, the revised final plat is further depicted on Exhibit B attached hereto; and WHEREAS, the Lake Elmo City Council reviewed the revised Final Plat request at its meeting held on August 20, 2024 and voted to approve the item with the following findings of fact: 1. That all the requirements of City Code Section 103.00.100 related to the Final Plans and Final Plat have been met by the Applicant. 2. That the Bridgewater Village Final Plat consists of 4 commercial lots plus an outlots intended for future residential development and stormwater management. 3. That the Bridgewater Village Final Plat is generally consistent with the Preliminary Plat as approved by the City of Lake Elmo on February 6, 2024. 4. That the Bridgewater Village Final Plat is consistent with the intent of the 2040 Lake Elmo Comprehensive Plan and the 2040 Land Use Map for this area. 5. That the Bridgewater Village Final Plat complies with the general intent of the Commercial zoning district. 6. That the Bridgewater Village Final Plat generally complies with the Lake Elmo Design Guidelines and Standards Manual.