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HomeMy WebLinkAbout2026-049CITY OF LAKE ELMO WASHINGTON COUNTY STATE OF MINNESOTA RESOLUTION NO.2026-049 A RESOLUTIONAPPROVING THE DEVELOPMENTAGREEMENTFOR HIGHPOINTE CROSSING 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, Rachel Development, Inc., a Minnesota corporation (the "Applicant') submitted an application to the City for the Highpointe Crossing final plat; and WHEREAS, the Lake Elmo City Council adopted Resolution No. 2026-048 on July 7, 2026 approving the final plat for Highpointe Crossing (the "Resolution"); and WHEREAS, the conditions of approval of the final plat 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 Highpointe Crossing and authorizes the Mayor and City Clerk to execute it. The City Attorney is authorized to insert or modify improvement costs and Exhibits of the Development Agreement as needed. Passed and duly adopted this 7th day of July, 2026 by the City Council of the City of Lake Elmo, Minnesota. Charles Cadenhead, Mayor ATTEST: lie John on ity Clerk LA515-119-856339.v1