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HomeMy WebLinkAbout2026-017CITY OF LAKE' ELMO WASHINGTON COUNTY STATE OF MINNESOTA RESOLUTION NO. 2026-017 A RESOL UTION APPRO VING THE DEVELOPMENT AGREEMENT FOR NORTH STAR 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, GWSA Land Development, LLC, a limited liability company (the "Applicant") previously submitted an application to the City for a final plat and final PUD plan for North Star 3rd Addition; and WHEREAS, the Lake Elmo City Council adopted Resolution No. 2026- on March 17d' 2026 approving the final plat and final PUD plan for North Star 3rd 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: Approves the Development Agreement for North Star 3rd Addition and authorizes the Mayor and City Cleric to execute it. The City Attorney is authorized to insert improvement costs as approved by the City and modify Exhibit B of the Development Agreement as needed. Passed and duly adopted this 17a` day of March 2026 by the City Council of the City of Lake Elmo, Minnesota. Charles Cadenhead, Mayor AT.T ST: w4 e JoJ. �ovr , �i' I Cl ew12—