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RESOLUTION NO. 1 6- 7 <br />St L UTION APPR0 PING A ICE f ELOPER'S A GREEAIENT FOR TIME VILLA GE <br />WHEREAS, the City of Lake Elmo is a municipal corporation organized and existing <br />under the laws of the Mate of Minnesota; and <br />WHEREAS, GWSA Land Development, LLC; 10850 Cold County Road 15, Suite #200, <br />Plymouth, MN 55441 ("applicant") has previously submitted an application to the City of Labe <br />Elmo ("City") for a Final Plat for Village Preserve 2"d Addition; and <br />WHEREAS, the Lade Elmo City Council approved the Village Preserve Preliminary flat <br />on July 15, 2014; and <br />WHERE AS, the Lake Elmo City Council adopted Resolution 2016-035 on April 19, <br />2016 approving the Final Plat for Village Preserve 2" Addition; and <br />WHEREAS, a condition of approval of said Resolution 2016-035, establishes that, prior <br />to execution of the final Plat by City officials, the Applicant shall enter into a Developer's <br />Agreement with the City; and <br />WHEREAS, the Applicant and the City have agreed to enter into such a contract and. <br />copy of the Developer's .Agreement was submitted to the City Council for consideration at its <br />August 16, 2016 meeting; <br />NOW, THEREFORE, BE IT RESOLVED THAT the City Council does hereby <br />approve the Developer's Agreement for Village Preserve 2" d Addition and authorizes the mayor <br />and city Clerk to execute the document. <br />Passed and duly adopted this 16th day of August, 2016 by the City Council of the City of Lake <br />Eho, Minnesota. <br />w <br />W:} e Pearson, Mayor <br />