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HomeMy WebLinkAbout2024-048Sam im W&I V X11 ad I K11:11,111M A RESOLUTIONAPPROVING THE DEVELOPMENT AGREEMENT FOR ROYAL GOLF CLUB 6T" ADDITION WHEREAS, the City of Lake Elmo (the "City") is a municipal corporation, organized a existing under the laws of the State of Minnesota; and I WHEREAS, U.S. Home, LLC, a limited liability company (the "Applicant") previously submitted an application to the City for a final plat and final PUD plan for Royal Golf Club 6 th Addition; and WHEREAS, the Lake Elmo City Council adopted Resolution No. 2024-038 on April 2 d 2024 approving the final plat and final PUD plan for Royal Golf Club 6t" Addition (the "Resolution"); and WHEREAS, the conditions of approval of the final plat and final PUT) plan in t Resolution included a requirement that the Applicant enter into a development agreeme acceptable to the City Attorney and approved by the City Council that delineates who responsible for the design, construction, and payment of the required improvements with financi guarantees therefore; and 11 I . Approves the Development Agreement for Royal Golf Club 6 1h Addition and authorizes the Mayor and City Clerk to execute it. The City Attorney is authorized to insert or modify the security amounts set forth in paragraphs 36, 37, and Exhibit C of the Development Agreement as they are determined by the City Engineer. The City Attorney is also authorized to insert a list of the plan documents approved by the City Engineer in Exhibit B of the Development Agreement. Passed and duly adopted this 7th day of May, 2024 by the City Council of the City of Lake Elmo, Minnesota, Charles Cadenhead, Mayor A ST: J lie ohnsot4" v Clerk j lie ohnso pity V