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HomeMy WebLinkAboutResolution 2016-042CITY OF LAKE ELIC WASHINGTON COUNTY STATE OF MINNESOTA RESOLUTION NO. 201642 A RESOLUTION APPROVING THE DEVELOPER'S AGREEMENT FOR THE SECOND PHASE OF THE BOULDER .PLANNED RESIDENTIAL DEVELOPMENT WHEREAS, the City of Lake Elmo is a municipal corporation organized and existing under the laws of the State of Minnesota; and WHEREAS, OP4 Boulder fonds, LLC, 11455 Viking Drive, Suite 350, Eden Prairie, MN"Applicant" has previously submitted an application to the City of Lake Elmo "City„ for a Final Plat for boulder Ponds; and WHEREAS, the Lake Elmo City Council considered and approved the Preliminary Plat request for Boulder Ponds at a meeting held on September 16 2014 and WHEREAS, The Lake Elmo City Council adopted Resolution No. 2016-41 on May 17 2016 approving the Final Plat for Boulder Ponds 2 `1 Addition; and WHEREAS, A condition of said Resolution No. 2016-41 establishes that, prior to the execution of the Final Plat by City officials, the Applicant is to eater 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 May 17 2016 meeting. NOW, THEREFORE, based on the information received, the City Council of tile City of Lake Elmo does hereby approve the Developer's Agreement for Boulder Ponces 2�d Addition and authorizes the Mayor and City Clerk to execute the document. Passed and duly adopted this 17th clay of May 2016 by the City Council of the City of Lake Elmo, Minnesota. Mike Pearson:, Mayor: ATTEST: JtA e Jolnibtf, City Clerk Resolution 2016-