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HomeMy WebLinkAboutResolution 2015-47 Approving the Developers Agreement for the First Phase of Village Preserve• 11 RESOLUTION NO. 1 -4 SC L TIC NAPPROT17NG THE DEVELOPER'S AGREEMENT FOR TFI F"IhST PHASE OF THE VILLAGE PRESERVE SIL ENTIAL SUBDIVISION WHEREAS, the City of Labe Elmo is a municipal corporation organized and existing under the laws of the State of Min esota and WHEREAS, t3W SA Land Development, LLC, 10850 Old County Road 15, Suite 200, Plymouth; MN 55441 "Applicant" has previously submitted an application to the City of Lake Elmo ("City") for a Final Plat for Village Preserve; and WHEREAS, the Lake Elmo City Council considered and approved the Preliminary Plat request for Village Preserve at a meeting held on July 15, 2014; and WHEREAS, The Lake Elmo City Council adapted Resolution No. 201 - 4 on May 5th; 215 approving the Final Plat for Village Preserve; and WHEREAS, Condition 3 of said Resolution No. 115-34 establishes that, prior to the execution of the Final Plat by City officials, the Applicant is to enter into a Developer's Agreement with the City; and WHEREAS, the Applicant and City have agreed to enter into such a contract, and a copy of the Developer's Agreement was submitted to the City Council for consideration at its June 2, 2015 meeting NOW, THEREFORE, based on the information received, the City Council of the City of Lake Elmo sloes hereby approve the Developer's Agreement for Village Preserve and authorizes the Mayor and City Clerk to execute the document. Passed and duly adopted this 2 nd day of June 2015 by the City Council of the City ofLake Elmo, r Hike Pearson, Mayor ATTEST: Aim;l3eil, City Clerk 1 Resolution No. 215-47