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HomeMy WebLinkAbout16-014 Gateway PUD Contract Amend 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 16-014 A RESOLUTION AMENDING THE CONTRACT FOR DEVELOPMENT OF LAND AS A PLANNED UNIT DEVELOPMENT (GATEWAY REDEVELOPMENT) Motion By: McGuire Second By: Morton WHEREAS, The Prior Lake Planning Commission conducted a public hearing on April 6, 2015 to consider an application from Dominium, or Prior Lake Leased Housing Associated I, LLLP (the “Developer”) for a Final Planned Unit Development (PUD) Plan for Gateway Redevelopment, consisting of a 170-unit senior rental housing development; and WHEREAS, WHEREAS, The Prior Lake City Council approved Resolution 15-070 approving an application from Dominium for a Final PUD Plan of Gateway Redevelopment on April 13, 2015, and considered it to be in substantial compliance with the approved Preliminary PUD Plan for Gateway Redevelopment as approved by the City Council on March 9, 2015; and Resolution 15-070 also approved a corresponding Contract for Development of Land as a Planned Unit Development known as Gateway Redevelopment with the Developer; and WHEREAS, The Developer and City staff are proposing further amendments to the PUD Contract for Development related primarily to the number and mix of housing units, the project start date, an assignment approval, and the recording timeline. 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 the Amended and Restated Contract for Development of Land as a Planned Unit Development in Prior Lake, Minnesota (Gateway Redevelopment) with Prior Lake Leased Housing Associates I, LLLP, subject to final approval by the City Attorney. PASSED AND ADOPTED THIS 8th DAY OF FEBRUARY, 2016. VOTE Hedberg Keeney McGuire Morton Thompson Aye ☒ ☒ ☒ ☒ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☒ ______________________________ Frank Boyles, City Manager