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HomeMy WebLinkAbout16-157 Dev Agreement Template 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 16-157 A RESOLUTION APPROVING A STANDARDIZED DEVELOPMENT AGREEMENT TEMPLATE Motion By: McGuire Second By: Thompson WHEREAS, The City of Prior Lake desires to provide consistent and clear understanding of the requirements and obligations of platting for the developers of future plats; and WHEREAS, The City Council has found that approval of a standardized Development Agreement will help facilitate future subdivision and development property in an orderly manner. 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 as if fully set forth. 2. The standardized Development Agreement is approved for future use of development plat applications. PASSED AND ADOPTED THIS 28TH DAY OF NOVEMBER, 2016 VOTE Hedberg Keeney McGuire Morton Thompson Aye ☒ ☒ ☒ ☒ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Frank Boyles, City Manager