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HomeMy WebLinkAbout2008.12.15 RESO 2008-0063RESOLUTION 2008-63 APPROVING FINAL PLAT AND TERMINATION OF DEVELOPMENT AGREEMENT FOR CROSS COUNTY PROPERTIES FOR ONEKA LAKE TOWNHOMES ON PROPERTY LOCATED GENERALLY NORTH OF 150 STREET AT GENERATION BOULEVARD WHEREAS, Cross Country properties applied for approval of a final plat and development agreement for "Oneka Lake Townhomes" to allow for the creation of 30 townhome lots and one outlot on 6.7 acres, and was approved by the Hugo City Council on August 7, 2006, and; WHEREAS, the final plat and development agreement were properly executed and recorded, and; WHEREAS, the property has not developed and the required public infrastructure has not been installed as required by the development agreement, and; WHEREAS, Cross Country Properties has requested approval of a Final Plat for "Oneka Lake Townhomes, 2nd Addition," re -platting as a single lot, the property legally described as: All of "Oneka Lake Townhom&' WHEREAS, Cross County Properties does not intend to install the public infrastructure, and further does not intend to develop the property at this time, and; WHEREAS, Cross Country Properties has consented to a termination of the development agreement with the City of Hugo WHEREAS, Cross County Properties may propose to develop the property at a later date, and; WHEREAS, any later development proposal on this property is subject to approval by the City Council, and may require the approval of a new development agreement. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO, MINNESOTA, that it should and herebi does approve the final plat for Cross Country Properties for Oneka Lake Townhomes 2" Addition; and FURTHER, that the development agreement for "Oneka Lake Townhomes" be terminated. Resolution 2008 - Page 2 ADOPTED by the City Council this 15d' day of December 2008. ATTEST: Michele Lindau, City Jerk