HomeMy WebLinkAbout05-17216200 Eagle Creek Avenue S.E.
Prior Lake, MN 55372-1714
RESOLUTION 05-172
A RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO ENTER INTO
A DEVELOPMENT AGREEMENT AND AN AGREEMENT REGARDING THE PURCHASE
OF CITY-OWNED PROPERTY AT HASTINGS AND MAIN AVENUE
Motion By: Petersen Second By: Zieska
WHEREAS,
The City Council has deemed a 49' X 145' parcel located at the intersection of Main
Avenue and Hastings Avenue to be surplus to the City's needs; and
WHEREAS,
The City Council, in accordance with the 2030 Vision and Strategic Plan, desires to
continue with the redevelopment of the Downtown area; and
WHEREAS,
Rock Creek Home and Design has submitted a proposal to build a three-story building
on the parcel consistent with the Downtown Redevelopment Plan and in accordance
with their proposal dated May 27, 2005; and
WHEREAS,
The City Attorney has drafted a development agreement and agreement regarding the
purchase of city-owned property which has been reviewed and approved by Rock
Creek Homes and Design.
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 developer's agreement, the agreement
regarding the purchase of city-owned property and the lease agreement for the public parking lot.
PASSED AND ADOPTED THIS 17th DAY OF OCTOBER 2005.
YES NO
Hau~len X Hau~len
Flemin~l X Flemin~l
LeMair X LeMair
Petersen X Petersen
Zieska X Zieska
Frank Boyles, City~~ger
Phone 952.447.4230 / Fax 952.447.4245