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HomeMy WebLinkAbout2024-122CITY OF LAKE ELMO WASHINGTON COUNTY STATE OF MINNESOTA RESOLUTION NO.2024-122 A RESOLUTION APPROVING THE REVISED DEVELOPMENT AGREEMENT FOR DPS LAKE ELMO 3RD ADDITION 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, Roers Companies, LLC, a limited liability company (the "Applicant") submitted an application to the City for a revised final plat and final PUD plan for DPS Lake Elmo Yd Addition; and WHEREAS, the Lake Elmo City Council adopted Resolution No. 2024-122 on November 19, 2024 approving the final plat and final PUD plan for DPS Lake Elmo Yd Addition (the "Resolution"); and WHEREAS, the conditions of approval of the final plat and final PUD plan in the Resolution included a requirement that the Applicant enter into a development agreement acceptable to the City Attorney and approved by the City Council that delineates who is responsible for the design, construction, and payment of the required improvements with financial guarantees therefore; and NOW, THEREFORE, the City Council of the City of Lake Elmo hereby: 1. Approves the Development Agreement for DPS Lake Elmo 3`d Addition and authorizes the Mayor and City Clerk to execute it. The City Attorney is authorized to insert or modify Exhibits of the Development Agreement as needed. Passed and duly adopted this 19th day of November, 2024 by the City Council of the City of Lake Elmo, Minnesota. Charles Cadenhead, Mayor ATTEST: Julie C son, CityWk LA515-119-856339.v1