HomeMy WebLinkAbout2024-080CITY OF LAKE ELMO
WASHINGTON COUNTY
STATE OF MINNESOTA
RESOLUTION NO.2024-080
A RESOL UTIONAPPR 0VING FIRST AMENDMENT TO DEVELOPMENT AGREEMENT FOR
EASTON VILLAGE 6THAND 7THADDITIONS
WHEREAS, the City of Lake Elmo (the "City") is a municipal corporation organized and
existing under the laws of the State of Minnesota; and
WHEREAS, Chase Development, Inc., a Minnesota corporation (the "Developer") and
the City entered into that certain Development Agreement on April 8, 2024 (the "Development
Agreement") relating to the development of Easton Village 6th Addition and Easton Village 71h
Addition; and
WHEREAS, the Developer and City have agreed to amend the approved Development
Agreement in order to allow for the Developer to obtain a building permit and a certificate of
occupancy for Lot 1, Block 1 in Easton Village 6th Addition prior to completing the subdivision
improvements in Easton Village 7th Addition; and
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 and authorizes
the Mayor and City Clerk to execute the First Amendment to Development Agreement with a
condition that any outstanding escrows for any of the Easton Village additions be paid by the
Developer prior to execution of this Amendment by the City.
Passed and duly adopted this 2nd, day of July, 2024 by the City Council of the City of Lake Elmo,
Minnesota.
Charles Cadenhead, May
ATTEST:
V�10
ohns, Clerk
LA515\89\960022A