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CITY OF LAKE ELMO <br />WASIIINGTON COUNTY <br />STATE OF MINNESOTA <br />IATWOOD, (PHASE 1 <br />WHEREAS, the City of Lake Elmo is a municipal corporation organized and existing <br />under the laws of the State of Minnesota; and <br />WHEREAS, Hans Hagen homes, 941 NE Ilillwind Road, Suite 300, Fridley, MN <br />("Applicant") has previously submitted an application to the City of Lake Elmo "City" for a <br />Final Plat for InVood and <br />WHEREAS, the Lake Elmo City Council considered and approved the Preliminary Plat <br />request for Inwood at a meeting held on December 2, 2014; and <br />WHEREAS, The Labe Elmo City Council adopted Resolution No. 2015-40 on May 19; <br />2015 approving the Final Plat for hiWood; and <br />WHEREAS, Condition ) of said Resolution No. 201 -40 establishes that, prier to the <br />execution of the Final flat by City officials, the Applicant is to enter into a Developer's <br />Agreement with the City; and <br />WHEREAS, the Applicant and City have agreed to enter into such a contract, and a copy <br />of the Developer's Agreement was submitted to the City Council for consideration at its May 19, <br />2015 meeting. <br />W, THEREFORE, based on the infon°nation received, the City Council of the City <br />of Lake Arno does hereby approve the Developer's Agreement for Inwood and authorizes the <br />Mayor and City Clerk to execute the document. <br />Passed ad duly adopted this l `11 day of May 2015 by the Cit unci of th y o ake <br />Elmo, Minnesota, <br />Mike Pearson, Mayor <br />AT"TES'T <br />