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HomeMy WebLinkAbout2024-123CITY OF LAKE ELMO WASHINGTON COUNTY STATE OF MINNESOTA RESOLUTION NO. 2024-123 A RESOLUTIONAPPROVING THE SECOND AMENDMENT TO THE DEVELOPMENT AGREEMENT FOR EASTON VILLAGE 6THAND 7THADDITIONS WHEREAS, the City of Lake Elmo is a municipal corporation organized and existing under the laws of the State of Minnesota; and WHEREAS, Chase Development, Inc (the "Applicant") has previously submitted an application to the City of Lake Elmo (the "City") for a final plat for Easton Village 7th Addition; and WHEREAS, the Lake Elmo City Council adopted Resolution No 2022-118 on December 13t112022 approving the final plat for Easton Village 7' Addition; and WHEREAS, the Lake Elmo City Council adopted Resolution No 2024-033 on March 191h 2024 approving the Development Agreement for Easton Village 6t1 and 711 Additions; and WHEREAS, the Lake Elmo City Council adopted Resolution No 2024-080 on July 2" d 2024 approving the first amendment to the Development Agreement for Easton Village 61h and 7"' Additions to allow a building permit to be obtained for Lot 1, Block 1, Easton Village 61h Addition prior to completing the subdivision improvements in Easton Village 71h Addition; and WHEREAS, the Applicant and the City have agreed to amend the Development Agreement for Easton Village 61h and 7th Additions a second time in order to allow building permits to be issued prior to public improvement acceptance by the City and prior to the installation of sidewalks for Easton Village 71h Addition; and NOW, THEREFORE, based on the information received, the City Council of the City of Lake Elmo does hereby approve the Second Amendment to Development Agreement for Easton Village 6"' and 71h Addition, authorize the City Attorney to draft the Second Amendment to the Development Agreement to include provisions to allow building permits to be issued prior to acceptance of public improvements consistent with the language in the Northstar 1 st Addition and Easton Village 5th Addition Development Agreements, and authorize the Mayor and City Clerk to execute the Second Amendment to Development Agreement. LA515\89\988420.vl Passed and duly adopted this t I day of �i(}Y , 2024 by the City Council of the City of Lake Elmo, Minnesota. Charles Cadenhead, Mayor ATTEST: Julie oh on, City C e LA515\89\988420.v1