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HomeMy WebLinkAbout08-152 Amend Maple Glen 2nd Dev Cntrct~~~ _P I~ .U ~ xj ~ ~~~'. ,~' ~INNESO~~'. ~ 4646 Dakota Street S.E. Prior Lake, MN 55372-1714 RESOLUTION 08-152 A RESOLUTION APPROVING AMENDMENT NO. 1 TO THE MAPLE GLEN 2"D ADDITION DEVELOPMENT CONTRACT Motion By: LeMair Second By: Millar WHEREAS, On October 3, 2005, the Prior Lake City Council approved the Development Contract for Maple Glen 2nd Addition; and WHEREAS, On September 19, 2008 the City of Prior Lake notified Tollefson Development that they were in default of the Development Contract for Maple Glen 2nd Addition and their letter of credit had expired; and WHEREAS, Tollefson Development has signed Amendment No. 1 to the Development Contract Requesting the City Council accept their petition to have the City complete the outstanding improvements covered by the development contract; and WHEREAS, Tollefson Development has requested that the City assess them for the improvements and have waived their right to appeal that assessment. WHEREAS, The City Attorney has recommended that this is the best course of action available to the City for completion of the improvements stipulated in the Development Contract. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. Amendment No. 1 to the Maple Glen 2nd Addition Development Contract is hereby approved. 3. City Staff is authorized to complete the Feasibility Study for completion of Maple Glen 2nd and all associated costs shall be assessed in accordance with the Development Contract Amendment. PASSED AND ADOPTED THIS 1St DAY OF DECEMBER 2008. YES NO Hau en X Hau en Erickson X Erickson Hedber X Hedber LeMair X LeMair Millar X Millar Frank Bo ,City Manager M:\000NCIL\RESOLUTf12008108-152 Amend Maple Glen 2nd ev ~ntrct.~lc~c www.c~yo prior a e.com Phone 952.447.9800 /Fax 952.447.4245