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RESOLUTION NO.2018-09
A RESOL UTION APPR0 VING THE LSEVEL OPER 'S A GREEME NTFOR THE THIRD 'H
OF THE BOULDER PONDS PLAAWED RESIDENTIAL DEVELOPMENT
WHEREAS, the City of Lake Elmo is a municipal corporation organized and existing
under the laws of the State ofMinnesota; and
WHEREAS, CP4 Boulder Ponds, L,LC, coo Excelsior Group, LLC 1600 Highway 100
S, Ste 400 St. Louis Park, MN 55416 ("Applicant"), has previously submitted an application to
the City of Lake Elmo ("City") for a Final Plat for Boulder Ponds, and
WHEREAS, S, the Lake Elmo City Council considered and approved the Preliminary flat
request for Boulder Ponds at a meeting held. on September 16, 2014and
WHEREAS, The Lake Elmo City Council adopted Resolution No. 201 - 65 on .tune 19,
2018 approving the Final Plat for Boulder fonds Yd Addition and
WHEREAS, A condition of said Resolution No. 2018-065 establishes that, prior to the
execution of the Final Plat by City officials, the Applicant is to enter into a Developer'
Agreement with the City; and
WHEREAS, the Applicant and City have agreed to enter into such a contract, and a copy
of the Developer's Agreement was submitted to the City Council for consideration at its August
, 2018 meeting.
NOW, THEREFORE, based on the information received, the City Council of the City
of Lake Elio does hereby approve the Developer's Agreement for Boulder Ponds Yd Addition
and authorizes the Mayor and City Clerk to execute the document.
Passed and duly adopted this 'n day of August 2018 by the City Council of the City of Labe'
Elmo, Minnesota,
r
Mike Pearson., Mayor
TEST:
T lie olulson ty Clerk-