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HomeMy WebLinkAbout11-059 Hickory Shores extension 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 11 - 059 A RESOLUTION AUTHORIZING EXTENSION OF THE DEADLINE FOR RECORDING A MAJOR PUD AMENDMENT FOR HICKORY SHORES UNTIL NOVEMBER 20 , 2011 Motion By: Hedberg Second By: Soukup WHEREAS, The Prior Lake City Council adopted Resolution 10 - 087 on September 20, 2010, approving a M ajor PUD Amendment for Hickory Shores; and WHEREAS, The applicant is required to record the PUD Amendment within 60 days of approval, in this case by November 20, 2010; and WHEREAS, The Prior Lake City Council approve d R esolution 10 - 111 on November 15, 2010 authorizing an extension of the deadline for recording the Major PUD Amendment until May 20, 2011 WHEREAS, Signature Bank, the property owner, has submitted a request to extend the recording deadline to Novemebr 2 0, 2011 ; and WHEREAS, The applicant of the Hickory Shores PUD Amendment was a developer , who had in dicat ed they intended to purchase the foreclosed Hickory Shores development from Signiture Bank, however, in the end , the developer determined they would n ot move forward with the project; and WHEREAS, Signature Bank has requested an extension of the deadline to allow additional time to finalize plans with a potential buyer who may develop the property as approved by Resolution 10 - 087 . NOW THEREFORE , B E IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNE SOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The deadline for recording the major PUD Amendment for Hickory Shores is extended from May 20, 201 1 to November 20 , 2011. 3. S ignature Bank must file a copy of this resolution against the property by May 31 , 201 1 or the extention shall be null and void. 4. Signature Bank shall provide the City with satisfactory evidence that this resolution has been properly recorded against the pla t of Hickory Shores. PASSED AND ADOPTE D THIS 16 DAY OF MAY 201 1 . TH YES NO Myser X Myser Erickson X Erickson Hedberg X Hedberg Keeney X Keeney Soukup X Soukup ______________________________ Frank Boyles, City Manager Phone 952.447. 9800 / Fax 952.44 7 . 4245 / www.cityofpriorlake.com