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17TIM77=W727V TTT7rff <br />SAVONA 3 "D ADDITION <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, U.S. Home Corporation (d/b/a Lennar), 16305 36'h:venue North, Suite <br />600, Plymouth, MN ("Applicant") has previously submitted an application to the City of Lake <br />Elmo ("City") for a Final Plat for Savona 3rd Addition; and <br />WHEREAS, the Lake Elmo City Couh6il considered and approved the Preliminary Plat <br />request for Savona at a meeting held on August 6, 2013; and <br />WHEREAS, The Lake Elmo City Council adopted Resolution No. 2015-070 oil <br />September 15, 2015 approving the Final Plat for Savona P Addition; and <br />WHEREAS, Condition (2) of said Resolution No. 2015-070 establishes that, prior to the <br />execution of the Final Plat 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 <br />September 15, 2015 meeting. <br />NOW, THEREFORE, based on the information received, the City Council of the City <br />of Lake Elmo does hereby approve the Developer's Agreement for Savona 3rd Addition and <br />authorizes the Mayor and City Clerk to execute the document. <br />Passed and duly adopted this 15 th day of September 2015 by the City Council of the City of Lake <br />Elmo, Minnesota. <br />Mike Pearson, Mayor <br />4 ST: <br />E Jo. Jolujs6j n <br />Jo j Joluis6n ity Clerk <br />