HomeMy WebLinkAboutResolution 2013-016 Adopting the Standard Form of Development AgreementRESOLUTION NO.
STANDARD FORM OF DEVELOPMENT AGREEMENT
WHEREAS, the City of Lake Elmo, Minnesota has prepared a standard form of development
agreement to be used by development applicants' in cases where public infrastructure
improvements are needed to serve the development, and
WHEREAS, the Standard form of Development Agreement contains provisions regarding the
agreement terms, conditions, development rights, time of performance, responsibility for costs,
security requirements, forms of security, ownership transfer of public improvements, and other
special provisions.
That the City Council of the City of Lake Elmo shall adopt the Standard Form of Development
Agreement to specify the content and provisions to be contained within individual development
agreements.
ADOP'T'ED BY THE LAKE EL,MO CITY COUNCIL, ON THE FIFTH DAY OF MARCH
2013.
(Seal)
ATTEST:
dam Dell
City Clerk
Resolution No. 201316