HomeMy WebLinkAbout14-034 Eagle Creek Estates Dev Contract oo PRI
6 trl 4646 Dakota Street SE
CPrior Lake, MN 55372
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RESOLUTION 14 -034
A RESOLUTION APPROVING AMENDMENT NO. 1 TO THE EAGLE CREEK ESTATES
DEVELOPMENT CONTRACT
Motion By: MCGUIRE Second By: SOUKUP
WHEREAS, On July 8, 2014, the Prior Lake City Council approved the Development Contract for
Eagle Creek Estates with KRB Development LLC (the "Developer "); and
WHEREAS, KRB has requested additional oversizing reimbursement to cover utility relocation
work, collector road striping, street lighting costs in the amount of $23,971.00; and
WHEREAS, It is the policy of the City of Prior Lake to reimburse a developer for costs incurred for
the oversizing of public infrastructure that benefit future development and exceed the
needs of the current development alone;
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. The Mayor and City Manager are authorized to execute on the City's behalf Amendment No. 1 to the
Development Contract for Eagle Creek Estates.
PASSED AND ADOPTED THIS 24Th DAY OF FEBRUARY 2014.
YES NO
Hedberg X Hedberg
Keeney X Keeney
McGuire X McGuire
Morton Absent Morton Absent
Soukup X Soukup
Ilii
Frank Boy i ff anager
Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com ��