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1 <br />LA515-119-856339.v1 <br />CITY OF LAKE ELMO <br />WASHINGTON COUNTY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. 2025-031 <br /> <br />A RESOLUTION APPROVING THE DEVELOPMENT AGREEMENT FOR LAKE ELMO <br />ELEMENTARY <br /> <br /> <br /> WHEREAS, the City of Lake Elmo (the “City”) is a municipal corporation organized and <br />existing under the laws of the State of Minnesota; and <br /> <br /> WHEREAS, Independent School District, No. 834, Stillwater Area Public Schools, a <br />Minnesota body corporate and politic (the “Applicant”) previously submitted an application to the <br />City for the 10th and Lake Elmo School Addition final plat; and <br /> <br /> WHEREAS, the Lake Elmo City Council adopted Resolution No. 2025-015 on February <br />4, 2025 approving the final plat for 10th and Lake Elmo School Addition (the “Resolution”); and <br /> <br /> WHEREAS, the conditions of approval of the final plat in the Resolution included a <br />requirement that the Applicant enter into a development agreement acceptable to the City Attorney <br />and approved by the City Council that delineates who is responsible for the design, construction, <br />and payment of the required improvements with financial guarantees therefore; and <br /> <br /> NOW, THEREFORE, the City Council of the City of Lake Elmo hereby: <br /> <br />1. Approves the Development Agreement for 10th and Lake Elmo School Addition and <br />authorizes the Mayor and City Clerk to execute it. The City Attorney is authorized to <br />insert or modify improvement costs and Exhibits of the Development Agreement as <br />needed. <br /> <br />Passed and duly adopted this 18th day of March, 2025 by the City Council of the City of Lake <br />Elmo, Minnesota. <br /> <br /> __________________________________ <br /> Charles Cadenhead, Mayor <br />ATTEST: <br /> <br />________________________________ <br />Julie Johnson, City Clerk <br />