HomeMy WebLinkAbout2022-034CITY OF LAKE ELMO
WASHINGTON COUNTY
STATE OF MINNESOTA
RESOLUTION NO.2022-034
A RESOL UTION APPRO DING THE FIRST AMENDMENT TO THE DEVELOPMENT
AGREEMENT FOR CROSSROADS EAST I ST ADDITION
WHEREAS, the City of Lake Elmo is a municipal corporation organized and existing
under the laws of the State of Minnesota; and
WHEREAS, Airlake Development, Inc., a Minnesota corporation and Crossroads East,
LLC, a Minnesota limited liability company (collectively, the "Developer") previously submitted
an application to the City of Lake Elmo (the "City") for a final plat for Crossroads East Is'
Addition; and
WHEREAS, the Lake Elmo City Council adopted Resolution No. 2021-115 on November
3, 2021 approving the final plat for Crossroads East 1st Addition; and
WHEREAS, the Lake Elmo City Council adopted Resolution No. 2021-134 on December
7, 2021, approving the Development Agreement for Crossroads East Is' Addition; and
WHEREAS, The Developer has subsequently requested that the City allow it to proceed
with vertical construction of the buildings on the platted property prior to completion of the public
improvements; and
WHEREAS, the City is willing to agree to allow vertical construction of the buildings on
the platted property prior to the completion of the public improvements provided that the
Developer agree to enter into an amendment to the approved Development Agreement.
NOW, THEREFORE, based on the information received, the City Council of the City of
Lake Elmo does hereby approve the First Amendment to Development Agreement for Crossroads
East 1 st Addition and authorizes the Mayor and City Clerk to execute the First Amendment.
Passed and duly adopted this 5"' day of April 2022 by the City Council of the City of Lake Elmo,
Minnesota. f J .�
�C/ 1
C"fiarles Cadenhead, Mayor
A EST:
J ie ohns n ity Clerk
LA515-57-755583.v 1